Lender Release definition

Lender Release means the Acknowledgment and Release in favor of Covol and Pocahontas to be entered into by Lender, in the form of Exhibit E attached hereto.
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Lender Release is defined in Section 7.1(a).
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Lender Release means a release of all liens and liability of the Company and the BKEP Assets under the loan and security documents related to the Second Amended and Restated Credit Agreement among Blueknight Energy Partners, L.P., Capital One, National Association, Natixis, Compass Bank, U.S. Bank, National Association, Cadence Bank, N.A., Regions Bank, et al., and Xxxxx Fargo Bank, National Association (as Administrative Agent), dated as of May 11, 2017 (as amended June 28, 2018).
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Examples of Lender Release in a sentence

  • The Tenants and the Guarantors shall give or cause to be given any consents, releases or other authorizations reasonably required by the Landlord for such Ventas Assignment and Lender Release at the Tenants’ sole cost.

  • This Lender Release is not binding on any of (i) any Lender that does not execute this Agreement, (ii) the Administrative Agent or (iii) the Collateral Agent.

  • Spig Holding shall have delivered the Payoff Letters and Lender Release Letters to the Purchaser, unless the BofA Waiver has been obtained and without prejudice to the obligations set forth in Section 6.3(d).

  • On the Effective Date, the Reorganized Debtors shall distribute the New Lender Loan and Security Agreement and the Lender Warrants to Ableco and the Debtors, Ableco and Foothill shall execute the Lender Release.

  • On the Deed in Lieu Closing Date and at such time as the Escrow Agent is in possession of all items required to be delivered pursuant to subsections (d), (e) and (f) hereinabove, Borrower and Lender shall each instruct the Escrow Agent, as escrow and closing agent, to (i) deliver to Lender the Deed in Lieu Documents, and (ii) deliver to Borrower the Lender Release.

  • Purchase Price credits for Lender Release Surcharges are subject to strict compliance with the Lot Closing requirements of Section 3.3.1.

  • Buyer is not entitled to any cash rebate or refund of Lender Release Surcharges.

  • The Purchase Price of each Lot shall be the product of (i) the Project Return determined pursuant to Section 3.2 minus the amount of the Purchase Prices (exclusive of any Lender Release Surcharges described below) paid to Seller for previously Closed Lots, multiplied by (ii) the Allocation Percentage for such Lot.

  • When the mortgage(s) have been fully satisfied, the amount of any Lender Release Surcharges shall be allocated equally among the remaining Lots, the Base Price of which shall be reduced by a like amount at Closing.

  • Borrowers shall have delivered to Lender a payoff letter executed by First Bank, N.A. Borrowers shall have delivered to Lender Release of Obligations and Stock Purchase Agreements executed by Signature, Inc., Xxxxxx Xxxxxx, Xxxxx Xxxxxxxx, Xxxxxx Xxxxxx, Xxxx Xxxxxxxxxx, Xxxxx Xxxxxxxxxx, and Xxxx Xxxxxxx, respectively, all in form and substance satisfactory to Lender.


More Definitions of Lender Release

Lender Release means all documentation, in form and substance satisfactory to Purchaser, as necessary or in Purchaser’s good faith judgment advisable for the full release and termination of all Encumbrances against the Purchased Assets (and for the termination of all filings with respect thereto) under Loan Number 5209514010 dated November 12, 2003 between the Small Business Administration and IBEX Group, Loan Number 5357465006 dated June 25, 2013 between 08-103 Utah Certified Development Company and Seller, and Loan Number 5007920 dated August 27, 2013 between the Bank of Utah and Seller.
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Lender Release shall be in the form attached as an exhibit to the Custody Agreement.
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Related to Lender Release

  • Settling Bank means the entity appointed by the Trust or you, as applicable, to perform such settlement services on behalf of the Trust and you, as applicable, which entity agrees to abide by NSCC's then current rules and procedures insofar as they relate to same day funds settlement. In all cases, processing and settlement of share transactions shall be done in a manner consistent with applicable law.

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

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Term Loan Administrative Agent means the administrative agent under the Term Loan Agreement

  • Loan Modification Agreement means a Loan Modification Agreement, in form reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Accepting Lenders, effecting one or more Permitted Amendments and such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.24.

  • New Lender Supplement as defined in Section 2.1(c).

  • Term Administrative Agent shall have the meaning set forth in the recitals hereto.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Lender Consent means any lender consent delivered by a Lender on the Closing Date in the form of Exhibit 4.1(a).

  • Exiting Lender see Section 2.17.7.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Lender-Related Hedge Provider means any Person that, at the time it enters into a Hedging Transaction with any Loan Party, (i) is a Lender or an Affiliate of a Lender and (ii) except when the Lender-Related Hedge Provider is SunTrust Bank or any of its Affiliates, has provided prior written notice to the Administrative Agent which has been acknowledged by the Borrower of (x) the existence of such Hedging Transaction and (y) the methodology to be used by such parties in determining the obligations under such Hedging Transaction from time to time. In no event shall any Lender-Related Hedge Provider acting in such capacity be deemed a Lender for purposes hereof to the extent of and as to Hedging Obligations except that each reference to the term “Lender” in Article IX and Section 10.3(b) shall be deemed to include such Lender-Related Hedge Provider. In no event shall the approval of any such Person in its capacity as Lender-Related Hedge Provider be required in connection with the release or termination of any security interest or Lien of the Administrative Agent.

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

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

  • DIP Lender means a lender under the DIP Facility.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Lien Waiver Agreement means an agreement which is executed in favor of Agent by a Person who owns or occupies premises at which any Collateral may be located from time to time and by which such Person shall waive any Lien that such Person may ever have with respect to any of the Collateral and shall authorize Agent from time to time to enter upon the premises to inspect or remove the Collateral from such premises or to use such premises to store or dispose of such Inventory.

  • CREFC® Loan Modification Report Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Loan Modification Report Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Second Lien Bank Loan means a Bank Loan (other than a First Lien Bank Loan and a Last Out Loan) that is entitled to the benefit of a first and/or second lien and first and/or second priority perfected security interest on all or substantially all of the assets of the respective borrower and guarantors obligated in respect thereof.