Initial Lenders definition

Initial Lenders has the meaning specified in the recital of parties to this Agreement.

Initial Lenders has the meaning specified in the first paragraph of this Agreement.

Initial Lenders has the meaning specified in the preamble hereto.

Examples of Initial Lenders in a sentence

• The parties hereto understand and agree that the Initial Lender may, in its sole discretion (but shall have no obligation to), designate a financial institution or another Person to perform the Initial Lender's obligations hereunder in accordance with the terms hereof.

• The Borrower has requested that the Initial Lenders enter into this Agreement, and the Initial Lenders have indicated their willingness to enter into this Agreement upon the terms and conditions stated herein.

• Each of the Loan Documents shall have been duly executed and delivered to Agent by each of the signatories thereto (and, with the exception of the Notes, in sufficient counterparts for each Lender) and accepted by Agent and Initial Lenders and each Obligor shall be in compliance with all of the terms thereof.

• Agent shall have received copies of all filing receipts or acknowledgments issued by any Governmental Authority to evidence any filing or recordation necessary to perfect the Liens of Agent in the Collateral and evidence in form satisfactory to Agent and Initial Lenders that such Liens constitute valid and perfected security interests and Liens, and that there are no other Liens upon any Collateral except for Permitted Liens.

• The commitments of the Initial Lenders hereunder are several and not joint.

More Definitions of Initial Lenders

Initial Lenders means the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the Initial Lenders.

Initial Lenders means the Arrangers and the affiliates of the Arrangers who are party to this Agreement as Lenders on the Closing Date.

Initial Lenders has the meaning given to such term in the introductory paragraph hereof.

Initial Lenders means the Lenders holding the Commitments or Loans on the Closing Date, as set forth on the Closing Date Facilities Schedule (as defined in the Original Credit Agreement).

Initial Lenders means the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the Initial Lenders; provided that any such bank, financial institution or other institutional lender shall cease to be an Initial Lender on any date on which it ceases to have a Commitment.

Initial Lenders means each of the Lenders party to the Commitment Letter.

Initial Lenders means JPM, Barclays Bank PLC, BNP Paribas, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG New York Branch, Royal Bank of Canada, Société Générale, Toronto Dominion (Texas) LLC, and The Bank of Nova Scotia.