Initial Grantors definition

Initial Grantors has the meaning assigned to such term in the preliminary statement of this Agreement.

Initial Grantors has the meaning assigned to such term in the preamble hereto.

Initial Grantors has the meaning specified in the recital of the parties hereto.

Examples of Initial Grantors in a sentence

• The Initial Grantors hereby agree to pay on demand all reasonable fees and expenses of counsel to Administrative Agent incurred by Administrative Agent in connection with the preparation, negotiation and execution of this First Amendment and all related documents.

• Each of the amendments to the Security Agreement contemplated hereby shall not limit or impair any Liens securing the Obligations, which Liens are hereby ratified and affirmed by the Initial Grantors.

• The Administrative Agent is hereby authorized by the Lender Parties to enter into a Pledge Agreement dated as of the date hereof and in the form attached as Annex C hereto (the "Pledge Agreement") with the Borrower, KeyBank and DB (in their capacities as administrative agent for each of the Other Facilities) and the owners of 100% of the direct Equity Interests in each of the Initial Grantors.

• Each Initial Grantors hereby ratifies, confirms, and reaffirms all of the representations, warranties and covenants contained therein.

• The Administrative Agent is hereby authorized by the Lender Parties to enter into a Security Agreement dated as of the date hereof and in the form attached as Annex D hereto (the “Security Agreement”) with the 2016 TLA Agent, the 2019 TLA Agent and the Initial Grantors with fee and leasehold interests in the Initial Mortgaged Properties.

More Definitions of Initial Grantors

Initial Grantors means the Company and each other entity identified as a “Grantor” on the signature pages hereto as of the date hereof.

Initial Grantors shall have the meaning set forth in the Preamble.

Initial Grantors the Borrower and the other Persons listed on the signature pages hereto as initial grantors.

Initial Grantors. “Loan Documents”, “Mortgage Requirements”, “Net Cash Proceeds”, “Permitted Uses”, “Pledge Agreement”, “Pledged Account”, “Qualified Government Debt”, “Revolving Credit Advances”, “Revolving Credit Commitment”, “Revolving Lenders”, and (y) Sections 3.02, 4.01(o), 5.04(a)(iii) and Section 9.19 of the Existing Credit Agreement are hereby deemed to be references to the Second Amendment and/or the Fifth Amendment, as applicable.

Initial Grantors means the Borrower and each Subsidiary of the Borrower party hereto on the date hereof.

Initial Grantors has the meaning specified in the Third Amendment.

Initial Grantors has the meaning specified in the First Amendment.