Initial Credit Parties definition

Initial Credit Parties means collectively, the Persons set forth on Schedule 1.1(c) as of the Closing Date, and “Initial Credit Party” means any such Person.
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Initial Credit Parties means collectively, the Persons set forth on Schedule 1.1(c)(i) as of the Fourth Restatement Closing Date, and “Initial Credit Party” means any such Person.
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Initial Credit Parties means collectively, the Persons set forth on Schedule 1.1(c) as of
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Examples of Initial Credit Parties in a sentence

  • All covenants, agreements and conditions of the Initial Credit Parties contained in the Operative Documents to be performed or complied with by the Initial Credit Parties at or prior to the Closing Date, shall have been performed or complied with or otherwise waived in writing by the Purchasers.

  • The Initial Credit Parties shall deliver to the Purchasers a certificate executed by a Responsible Officer of each Credit Party, on or before the Closing Date, certifying as to (a) the fulfillment of the conditions specified in Sections 4.1(j), (l), (m), (o), (p) and (q), (b) the absence of Defaults or Events of Default, and (c) such other matters as the Purchasers shall request.

  • The Company shall have delivered to the Purchasers on or before the Closing Date a solvency certificate executed by the chief financial officer of the Initial Credit Parties, dated the Closing Date and in a form and substance reasonably acceptable to the Purchasers.

  • The representations and warranties of the Initial Credit Parties contained in ARTICLE V hereof and in the other Operative Documents shall be true and correct when made, and shall be true and correct as of the Closing Date as if made on the Closing Date (except to the extent expressly made as of a prior date, in which case such representations and warranties shall be true and correct as of such earlier date).

  • The Initial Credit Parties shall have delivered to the Purchasers on or before the Closing Date opinions of Xxxxxx Xxxxxxx LLP, U.S. counsel to the Credit Parties, and Xxxxxxx Xxxxx & Xxxxxxxxx LLP, as Canadian counsel to the Credit Parties, in each case addressed to the Purchasers dated as of the Closing Date in a form and substance acceptable to the Purchasers and their counsel.

  • The Initial Credit Parties shall have delivered to the Purchasers on or before the Closing Date good standing certificates from the Secretary of State (or other applicable governmental authority) of the State of their incorporation or organization and each other material jurisdiction in which such Initial Credit Parties are qualified to do business as a foreign entity, in each case as of a recent date prior to the Closing Date.

  • All authorizations, approvals or permits of, or filings with any Governmental Authority that are required by Law in connection with the lawful sale and issuance of the Notes and Warrants shall have been duly obtained by the Initial Credit Parties, and shall be effective on and as of the Closing.

Related to Initial Credit Parties

  • Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.

  • Credit Parties means the Borrower and the Guarantors.

  • Non-Credit Party means any Restricted Subsidiary of the Borrower that is not a Credit Party.

  • Note Parties means, collectively, the Company and each Guarantor.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Borrower Parties means the collective reference to the Borrower and the Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • U.S. Loan Parties means, collectively, the Parent Borrower and the U.S. Subsidiary Guarantors.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • Domestic Loan Parties means the Domestic Guarantors.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Banks, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 11.5., any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • Prepetition Lenders means those lenders party to the Prepetition Credit Agreement from time to time.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • Foreign Credit Party means a Credit Party which is not a Domestic Credit Party.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Lender Group means each of the Lenders (including Issuing Bank and the Swing Lender) and Agent, or any one or more of them.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.