Lender Release definition

Lender Release is defined in Section 7.1(a).
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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 shall be in the form attached as an exhibit to the Custody Agreement.
Sample 1

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.

  • 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.

  • 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.

  • In full and complete satisfaction of the Allowed Lender Secured Claim, the holder thereof shall receive the New Lender Loan and Security Agreement, the Lender Warrants, the Lender Release and the Lender Director Selection Right.

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

  • 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.

  • 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.

  • Purchaser agrees to promptly seek and diligently pursue obtaining the Lender Release as soon as possible after the execution of this Agreement, which efforts shall include such assumptions of liability, indemnities, collateral and credit enhancement by Purchaser and its affiliates as the Lender may reasonably require as a condition to granting the Lender Release.


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.
Sample 1
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).
Sample 1

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 Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

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

  • Term Administrative Agent means Bank of America, N.A., in its capacity as agent for the “Secured Parties” under (and as defined in) the Term Credit Agreement, and its successors and assigns in such capacity.

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

  • 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).

  • Second Lien Bank Loan means a Bank Loan that is entitled to the benefit of a second lien and second priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.

  • Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Lender Fee Letter means each fee letter agreement that shall be entered into by and among the Borrower, the Servicer, the applicable Lender and its related Lender Agent in connection with the transactions contemplated by this Agreement, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.