Last Out Lender definition

Last Out Lender means any Lender to which any Last Out Obligations are owing.
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Last Out Lender means a Lender with a Last Out Term Loan Commitment or an outstanding Last Out Term Loan.
Sample 1
Last Out Lender means any Lender that has a Last Out Pro Rata Share greater than zero; provided that each reference to a Last Out Lender shall only be deemed to be made to a Lender in its capacity as having a Last Out Commitment, Last Out Advance or Last Out Pro Rata Share of items pertaining thereto.
Sample 1

Examples of Last Out Lender in a sentence

  • So long as any ABL Obligation is outstanding, any Subordinated Creditor in its capacity as such and as a Last Out Lender, in each case, shall not commence, or join with any creditor in commencing, any Insolvency Proceeding.

  • The agreement set forth in this paragraph 13 is applicable solely to GACP, as a Last Out Lender, and not to any of GACP’s Affiliates or limited partners, and GBFC, as Last Out Lender, and not as a First Out Lender.

  • Toronto Title: Authorized Signatory by: /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Authorized Signatory CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Last Out Lender by: /s/ Xxxx X.

  • Each Last Out Lender shall be obligated to purchase the First Out Priority Obligations in accordance with its respective Last Out Pro Rata Share.

  • No Last Out Lender shall object to or contest, or support any other Person in contesting or objecting to, in any proceeding (including without limitation, any Insolvency Proceeding), the validity, extent, perfection, priority or enforceability of any security interest in the Collateral.

  • Administrative Agent and First Out Lenders may regard any notice or other communication pursuant to this Agreement from Last Out Representative as a notice or communication from each Last Out Lender, and may give any notice or communication required or permitted to be given to any Last Out Lender hereunder to Last Out Representative on behalf of such Last Out Lender.

  • Lamento profundamente que ellas también se enfrenten a amenazas, arriesgando sus vidas por esta misma razón y por lo tanto requieren medidas de protección.

  • Each Last Out Lender agrees that the pro rata payment provisions of Section 2.11 shall not be applicable to it in respect of any cash interest payments made by the U.S. Borrower, except to the extent interest on the Last Out Term Advances or the PIK Advances is payable in cash as permitted by this paragraph (b).

  • Oak Hill (as hereinafter defined) and WFF (as hereinafter defined) have executed four Assignments and Acceptances each dated as of the date hereof (collectively, the “Oak Hill Assignment and Acceptance”) pursuant to which Oak Hill has agreed to purchase on June 13, 2005 from WFF the entire Last Out Revolver Commitment (as hereinafter defined) and all of the then outstanding Last Out Advances (as hereinafter defined) and thereby become the sole Last Out Lender.

  • X.A., Mao, A., Chen, Y.: Trick or Treat: Putting Peer Prediction to the Test.


More Definitions of Last Out Lender

Last Out Lender means any Lender that is owed a Last Out Term Advance.
Sample 1
Last Out Lender means each Person that is a Last Out Lender (as defined in the Second Amendment) and shall include each Person that becomes a transferee, successor or assign of any Last Out Lender.
Sample 1

Related to Last Out Lender

  • Holdout Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • New Revolving Lender as defined in Section 2.24.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Delinquent Lender has the meaning provided in SECTION 8.15.

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Last Out Loan means, with respect to any Bank Loan that is a term loan structured in a first out tranche and a last out tranche (with the first out tranche entitled to a lower interest rate but priority with respect to payments), that portion of such Bank Loan that is the last out tranche; provided that:

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Borrower.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).