Leverage Lender definition

Leverage Lender has the meaning set forth in the Recitals.
Leverage Lender means the lender of funds under a Leverage Credit Facility, which may be a third-party lender or an Affiliate of the Company.
Leverage Lender shall have the meaning set forth in the recitals to this Guaranty. “Leverage Loan” shall have the meaning set forth in the recitals to this Guaranty.

Examples of Leverage Lender in a sentence

  • In November 2017, the Organization invested along with 10 other Habitat affiliates, in a joint venture (HFHI NMTC Leverage Lender 2016-1, LLC) to take advantage of New Markets Tax Credit (NMTC) financing.

  • In 2017, AECF-ECLF Leverage Lender I LLC (“Leverage Lender”) was established as a joint venture through total capital contributions of $10,000.

  • Greenline Leverage Fund II, LLC also received the following loans: Leverage Lender 1, WWLL LLC $3,383,946 Leverage Lender 2, City of HOME $1,000,000 The investment Fund used the combined loans of $7,303,000 to reimburse Citibank, NA for a 2011 loan to its affiliate from an initial equity contribution to recapitalize itself and to continue a Qualified Equity Investment in Greenline CDF Subfund-XIV LLC-QEII (sub CDE) that was originally made in 2011.

  • The Organization, along with eleven other Habitat affiliates, invested in a joint venture (HFHI NMTC Leverage Lender 2013-1, LLC) to take advantage of New Markets Tax Credit (NMTC) financing.NMTC financing allows an entity to receive a loan or investment capital from outside investors, who will receive new markets tax credits to be applied against their federal tax liability.

  • Beneficial Interest in the Net Assets of Related Organization During the year ended September 30, 2015, the Organization contributed $4,888,900 to SVDP Leverage Lender, a related non-profit organization.

  • The Organization recognizes the contribution as a beneficial interest in the net assets of SVDP Leverage Lender.

  • The Bonds shall be limited obligations of the Authority payable by it solely from revenues and income derived by or for the account of the Authority from or for the account of the Leverage Lender pursuant to the terms of the Bond Agreement and the Note, including, without limitation, (i) all payments by the Leverage Lender on the Note or pursuant to the terms of the Bond Agreement and (ii) all amounts held from time to time in the trust funds, and the investment earnings thereon.

  • On December 21, 2017, the Foundation loaned $17,876,950 to AECF-ECLF Leverage Lender I LLC (the “Fund”)(as described in Note 1).

  • A Resolution authorizing an Economic Development Redevelopment Ready Loan in the amount not-to-exceed$1,000,000.00 to Fairmont Creamery Leverage Lender, LLC for renovation of a building located at 1720 Willey Avenue, Cleveland; authorizing the Deputy Chief of Staff of Development or Director of Development to execute all documents consistent with said loan and this Resolution; and declaring the necessity that this Resolution become immediately effective.

  • UnderNo Circumstance shall billable parts be replaced without proper authorization.


More Definitions of Leverage Lender

Leverage Lender means Danimer Holdings.
Leverage Lender means Dunkirk Leverage Loan Partners LLC, a Delaware limited liability company.

Related to Leverage Lender

  • Mortgage lender means a “lender” as defined in the Act and which has been approved by the Authority pursuant to the Rules and Regulations.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

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

  • Accelerated Mezzanine Loan Lender shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

  • DIP Lender means a lender under the DIP Facility.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest (subject to Liens for “ABL” revolvers and customary encumbrances) on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

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

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

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Term Loan Secured Parties means the “Secured Parties” as defined in the Term Loan Credit Agreement.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Mezzanine Lender shall have the meaning set forth in the first paragraph of this Agreement.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Majority Revolving Lenders at any time, (a) if only one Revolving Lender holds the Total Revolving Commitments at such time, such Revolving Lender, both before and after the termination of such Revolving Commitment; and (b) if more than one Revolving Lender holds the Total Revolving Commitment, at least two Revolving Lenders who hold more than 50% of the Total Revolving Commitments (including, without duplication, the L/C Commitments) or, at any time after the termination of the Revolving Commitments when such Revolving Commitments were held by more than one Revolving Lender, at least two Revolving Lenders who hold more than 50% of the Total Revolving Extensions of Credit then outstanding (including, without duplication, any L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time)); provided that the Revolving Commitments of, and the portion of the Revolving Loans and participations in L/C Exposure and Swingline Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.