Lender Notes definition

Lender Notes each has the meaning set forth in Section 2.5 of the Loan Agreement.

Lender Notes means, collectively, the Junior Lender Notes and the Senior Lender Notes.

Lender Notes. The meaning specified in Section 2.01(b).

Examples of Lender Notes in a sentence

• Upon the request of the Eligible Assignee (and, as applicable, the assigning Lender) pursuant to an effective Assignment Agreement, each Borrower shall execute and deliver to Agent for delivery to the Eligible Assignee (and, as applicable, the assigning Lender) Notes in the aggregate principal amount of the Eligible Assignee’s Loan (and, as applicable, Notes in the principal amount of that portion of the principal amount of the Loan retained by the assigning Lender).

• This paragraph shall control every other provision of the Governmental Lender Notes, this Funding Loan Agreement and all other Funding Loan Documents.

• If, from any circumstances whatsoever, the fulfillment of any provision of the Governmental Lender Notes, this Funding Loan Agreement or the other Funding Loan Documents shall involve the payment of interest in excess of the limit prescribed by any law which a court of competent jurisdiction may deem applicable hereto, then the obligation to pay interest hereunder shall be reduced to the maximum limit prescribed by law.

• The recitals contained herein and in the Governmental Lender Notes shall be taken as the statements of the Governmental Lender, and the Fiscal Agent assumes no responsibility for their correctness.

• In case any covenant, stipulation, obligation or agreement contained in the Governmental Lender Notes or in this Funding Loan Agreement shall for any reason be held to be usurious or in violation of law, then such covenant, stipulation, obligation or agreement shall be deemed to be the covenant, stipulation, obligation or agreement of the Governmental Lender or the Funding Lender only to the full extent permitted by law.

More Definitions of Lender Notes

Lender Notes and "Collateral" thereunder and (c) any person or entity serving in any capacity, holding any indebtedness under any document governing, evidencing or otherwise related to such Refinancing Debt or holding, directly or indirectly, any Collateral to secure such indebtedness (including the agents, issuers and lenders under the New Credit Agreement and the Parent Pledge Agreement) shall be entitled to the benefits, priorities and protection provided, or purported to be provided, by the Intercreditor Agreement to the same extent as if such persons and entities were the original "Administrative Agent," "Issuing Banks" and "Lenders" thereunder.

Lender Notes means "Notes" as such term is defined in the Credit Agreement.

Lender Notes means the notes that may be distributed on the Effective Date to holders of MPAN Senior Credit Facility Claims and the MHG Senior Credit Facility Claims, as described more fully in Sections II.D.1 and V.B.4 of this Plan.

Lender Notes means the promissory notes executed by the Borrower in favor of the Lenders pursuant to the Lender Credit Agreement.

Lender Notes as defined in the fifth Recital.

Lender Notes those certain promissory notes executed by Borrower and delivered to Lender evidencing the Lender Loan and bearing interest at the rate of 12.5% per annum. LIEN - any interest in Property securing an obligation owed to, or a claim by, a Person other than the owner of the Property, whether such interest is based on law, statute, or contract, and including, without limitation, the security interest or lien arising from a mortgage, encumbrance, pledge, conditional sale, or trust receipt or a lease, consignment or bailment for security purposes (it being understood that an operating lease does not constitute a Lien). MATERIAL EFFECT - any material and adverse effect on or change in the business Properties, operations or financial position of Borrower, taken as a whole, or the ability of Borrower to perform its obligations under this Agreement, the Notes, the Warrant or any of the other Subject Documents.

Lender Notes means Notes that are owned by a party other than the Redeveloper according to the records of the Registrar.