Examples of Interim Lenders in a sentence
In this case, the Interim Lender and its Affiliate will be treated as having a single Interim Commitment and a single vote, but, for all other purposes, will be treated as separate Interim Lenders.
The Interim Lender shall be entitled to the benefits of and is hereby granted a charge (the “ Interim Lender's Charge”) on the Property to secure all obligations under the Definitive Documents incurred on or after the date of this Order which charge shall not exceed the aggregate amount advanced on or after the date of this Order under the Definitive Documents.
If a Market Disruption Notice is given in respect of a proposed Disrupted Loan, the interest rate applicable on each Interim Lender's participation in that Disrupted Loan will be the rate certified by that Interim Lender to the Interim Facility Agent no later than five (5) Business Days after the Rate Fixing Day to be its cost of funds (from any source which it may reasonably select) plus the Margin.
The Interim Lender's Charge shall have the priority set out in paragraphs 39 and 41 hereof.
On the Effective Date, all outstanding obligations, liabilities, fees and disbursements secured by the Interim Lender's Charge which are evidenced by invoices as at the Effective Date shall be fully paid by the Monitor, on behalf of Coalspur, from the Plan Implementation Fund.