Lender's Interest definition

Lender's Interest means the ABL Lenders Interest and/or the Term Lenders Interest, as the context may require.

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Lender's Interest means, with respect to any property or interest in property, now owned or hereafter acquired or created, of WESCO or any of the Loan Parties, any lien, claim, encumbrance, security interest or other interest of the Lenders Agent or the Lenders in such property or interests in property.

Lender's Interest means the interest in the Junior Mezz Loan retained by Lender, as set forth on Exhibit A attached hereto.

Examples of Lender's Interest in a sentence

• Upon request of Lender, Grantor will deliver to Lender any and all of the documents evidencing or constituting the Collateral, and Grantor will note Lender's Interest upon any and all chattel paper If not delivered to Lender for possession by Lender.

• Unless affirmatively waived in writing by Lenders, Interest shall accrue on the Obligations at the Default Rate, whether or not Collateral Agent or any Lender issues a notice of such escalation.

• Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lender's Interest.

• File with the Secretary of Education in an accurate, timely and complete manner "Lender's Interest and Special Allowance Request and Report (LaRS)", or such other form or request for payment directly to the Trustee of interest subsidy payments and Special Allowance Payments as the Secretary of Education may require, from time to time but in no event later than fifteen (15) Business Days after the end of each calendar quarter.

• Upon request of Lender, Grantor will deliver to Lender any and all of the documents evidencing or constituting the Collateral, and Grantor will note Lender's Interest upon any and all chattel paper if not delivered to Lender for possession by Lender.

More Definitions of Lender's Interest

Lender's Interest means the net profits interest and/or the overriding royalty

Lender's Interest means, with respect to any property or interest in property, now owned or hereafter acquired or created, of WESCO or any of the Credit Parties, any lien, claim, encumbrance, security interest or other interest of the Lenders Agent or the Lenders in such property or interests in property.

Lender's Interest means interest in excess of $10,000 per quarter paid on the Revolving Advances.

Lender's Interest as defined in Section 23.7.

Lender's Interest as defined in Section 23.7. Lessor: as described on page 1 of this Lease. Market Interest Rate: as defined in definition of Participation Rent Debt Service. Minority Business Enterprise Credit: that portion of the credit provided to the Developer under Article V B of Attachment No. 6 to the Disposition Agreement entitled Equal Employment Opportunity Minority and Women Business Enterprises Participation Plan to the Disposition Agreement, as is allocated by Developer to the respective Phases. Minority Business Enterprise Program: the program provided for in Attachment No. 6 to the Disposition Agreement. Mortgage: a mortgage of or deed of trust on Tenant’s interest under this Lease, if the mortgagee or beneficiary initially named thereunder is an Institutional Investor or Institutional Investors or is the assignor of the leasehold estate to the mortgagor or trustor thereunder. Mortgagee: the holder of a Mortgage. Nothing herein shall limit the assignment of a Mortgage. Museum Agreement: as defined in Recital E. Museum Airspace: as defined in Recital E. Museum Building: as defined in Recital E. Museum Corporation: as defined in Recital E. Museum Lease: as defined in Recital E. Net Cash Flow: cash received by Tenant from operations from Phase 1A in each Fiscal Year after the End of the Development Period of Phase 1A less all amounts paid after the End of the Development Period of Phase 1A in each such Fiscal Year for (i) Operating Expenses (including, without limitation, all monies paid as an operating subsidy to the Museum and all other payments allocable to Phase 1A made under the REA); (ii) Capital Expenses and other expenses (including, without limitation, expenses for renovation and equipment replacements) of Phase 1A to the extent not included in the Development Cost; (iii) leasing and re-leasing expenses; (iv) Participation Rent Debt Service; (v) Base Rent; (vi) Supplemental Rent; (vii) Escalation Rent and (viii) Additional Rent. Net Operating Income: the cash revenue received by Tenant in a Fiscal Year from operations from Phase 1A less all amounts paid in such Fiscal Year for: Operating Expenses (including, without limitation, all monies paid as an operating subsidy to the Museum and all other payments allocable to Phase 1A made under the REA); leasing and re-leasing expenses; allowance for renovation and equipment replacements; Base Rent; Escalation Rent and Additional Rent. Net Worth: as of a particular date the net book value (after deducting relate...

Lender's Interest. Rate: See pricing grid below Bank's Prime Rate + 0% or Libor + 1.25%

Lender's Interest means the overriding royalty interest equal to 5% (five percent) of Borrower's Net Revenue Interest in all revenues and proceeds attributable to the Properties, as set forth in the Lender's Interest Conveyance, substantially in the form annexed to the Master Agreement as Exhibit 3, beginning (i) from September 1, 1996 with respect to Properties described in Exhibit 1 hereto as of the Closing Date, and (ii) from the effective date of the applicable acquisition with respect to Properties acquired by Borrower subsequent to the date hereof.