Lender Class definition

Lender Class means the class of Lenders (including, without limitation, any Hedging Banks in their capacity as Lender following the Hedging Capitalisation) in their capacity as lender under or in relation to the Super Senior Facility, Senior Debt, Subordinated Tranche 1 Debt and/or Subordinated Tranche 2 Debt (each as defined in the Intercreditor Agreement following the entry into the New Finance Documents), following the subscription to the Super Senior Facility and the retranching of the Exposures pursuant to the Framework Agreement.
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Lender Class means, as of any date, each of the Revolving Credit Lenders, Tranche A Lenders, Tranche B Lenders, Tranche C Lenders or Tranche D Lenders on such date, in each case taken as a group with all other such Lenders.
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Examples of Lender Class in a sentence

  • Lender Plaintiffs and Lender Class Members acknowledge that as of the Effective Date, the releases given herein shall become effective immediately by operation of the Final Judgment and Order of Dismissal and shall be permanent, absolute, and unconditional.

  • Thereafter, any recoveries achieved by the Litigation Trustee shall be split 60/40, respectively, between (i) holders of Litigation Trust Interests that are Non-Term Loan Lender Class 6 Creditors and (ii) holders of Litigation Trust Interests that are Term Loan Class 6 Creditors.

  • For purposes of Article VI.F.1 and Article III.D.6 in relation to the GUC Cash Settlement Distribution, “Pro Rata” means, as to a particular Non-Term Loan Lender Class 6 Creditor, the ration that the amount of such Claim held by such Class 6 Claim holder bears to the aggregate amount of all Class 6 General Unsecured Claims (excluding Term Loan Deficiency Claims), and such ratio shall be calculated as if all Disputed Class 6 General Unsecured Claims are Allowed Claims as of the Effective Date.

  • On or before the date that is 180 days after the Effective Date, which may be extended for cause upon motion by the Litigation Trustee, the Disbursing Agent shall make an initial cash distribution to each holder of an Allowed General Unsecured Claim that is not a Term Loan Lender Class 6 Creditor of its Pro Rata share of the GUC Cash Settlement Distribution.

  • At a time and in a manner determined by the Court, Lender Plaintiffs’ Counsel shall submit for Court approval a Plan of Distribution for the Lender Class that will provide for the distribution of the applicable Net Settlement Fund.

  • In the event that the Litigation Trustee achieves any recoveries from the Litigation Trust Causes of Action, then holders of Litigation Trust Interests that are not Term Loan Lender Class 6 Creditors shall receive the first $4,000,000 recovered by the Litigation Trust after payment of Litigation Trust expenses, including repayment of the Litigation Trust Loan.

  • The Disbursing Agent shall make periodic distributions, at his or her discretion, to each holder of an Allowed General Unsecured Claim (including Term Loan Lender Class 6 Creditors holding Allowed Term Loan Deficiency Claims) of its Pro Rata share of the distributions in respect of its Litigation Trust Interests.

  • All rights of any Lender Class Member against other former, current, or future defendants or co-conspirators, or any other Person other than the Released Parties, with respect to any of the Released Claims are specifically reserved by Lender Plaintiffs and the Lender Class Members.

  • All rights of any Lender Class Member against former, current, or future defendants or co-conspirators other than any Released Parties, or any other Person other than the Released Parties, with respect to any of the Released Claims are specifically reserved by Lender Plaintiffs and the Lender Class Members.

  • The Senior Lender Defendants and Bridge Lender Defendants will fairly and adequately protect the interests of the Senior Lender Class and Bridge Lender Class, respectively.

Related to Lender Class

  • Senior Class Debt has the meaning assigned to such term in Section 8.09.

  • Senior Class Debt Parties has the meaning assigned to such term in Section 8.09.

  • Requisite Class Lenders means, at any time of determination (i) for the Class of Lenders having Revolving Loan Exposure, Lenders having or holding more than 50% of the aggregate Revolving Loan Exposure of all Lenders, and (ii) for the Class of Lenders having Term Loan Exposure, Lenders having or holding more than 50% of the aggregate Term Loan Exposure of all Lenders.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • Existing Class means any Existing Term Loan Class and any Existing Revolving Credit Class.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • ABL Credit Facility means the agreement, dated as of March 30, 2015, among the Company, the Subsidiaries of the Company that borrow or guarantee obligations under such agreement from time to time, as “Credit Parties,” the lenders parties thereto from time to time and Bank of America, N.A., as agent (or its successor in such capacity), together with the related notes, letters of credit, guarantees and security documents, and as the same may be amended, restated, amended and restated, supplemented or modified from time to time and any renewal, increase, extension, refunding, restructuring, replacement or refinancing thereof (whether with the original administrative agent and lenders or another administrative agent, collateral agent or agents or one or more other lenders or additional borrowers or guarantors and whether provided under the original ABL Credit Facility or one or more other credit or other agreements or indentures).

  • Term Loan Exposure means, with respect to any Term Loan Lender, as of any date of determination (a) prior to the funding of the Term Loan, the amount of such Lender’s Term Loan Commitment, and (b) after the funding of the Term Loan, the outstanding principal amount of the Term Loan held by such Lender.