Loan Agents definition

Loan Agents means the First Lien Agent and the Second Lien Agent.
View Source
Loan Agents has the meaning set forth in Section 8.1(a).
View Source
Loan Agents. The Class A-L-A Loan Agent and the Class A-L-B Loan Agent, collectively. “Loan Report”: The ongoing quarterly portfolio level disclosure in the form prescribed pursuant to and in accordance with the Transparency Requirements. “Long Dated Obligation”: A Collateral Obligation, the stated maturity date of which is extended to occur after the Stated Maturity pursuant to an amendment or modification of its terms following its acquisition by the Issuer; provided that, in determining the scheduled distributions on any Collateral Obligation occurring after the Stated Maturity of the Secured Debt, such Collateral Obligation will be deemed to have a maturity and amortization schedule based on zero unscheduled prepayments. “LSTA”: The Loan Syndications and Trading Association®. “Maintenance Covenant”: A covenant by any borrower to comply with one or more financial covenants (including without limitation any covenant relating to a borrowing base, asset valuation or similar asset-based requirement) during each reporting period, whether or not such borrower has taken any specified action; provided that a covenant which otherwise satisfies the definition hereof but only applies when amounts are outstanding under the related loan shall constitute a Maintenance Covenant. “Majority”: With respect to any Class or Classes of Debt, the Holders of more than 50% of the Aggregate Outstanding Amount of the Debt of such Class or Classes, as applicable. “Mandatory Redemption”: A redemption of the Debt in accordance with Section 9.1.
View Source

Examples of Loan Agents in a sentence

  • In exercising rights and remedies with respect to the Term Loan Priority Collateral, the Term Loan Agents and the Term Loan Lenders may enforce the provisions of the Term Loan Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion consistent with the terms of the Term Loan Documents.

  • The ABL Agent, the ABL Lenders, the Term Loan Agents and the Term Loan Lenders shall have no duty to advise any other party hereunder of information known to it or them regarding such condition or any such circumstances or otherwise.

  • Agent shall charge to the Revolving Loan Agent's usual and customary fees for the wire transfer of each Loan.

  • After any retiring Agent's or CAF Loan Agent's resignation hereunder as Agent or CAF Loan Agent, the provisions of this subsection 9.9 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent or CAF Loan Agent under this Agreement.

  • The ABL Agent shall give written notice of such amendment, waiver or consent to the Term Loan Agents; provided that the failure to give such notice shall not affect the effectiveness of such amendment, waiver or consent with respect to the provisions of any Term Loan Collateral Document as set forth in this Section 5.3(d).

  • Nothing in this Agreement impairs or otherwise adversely affects any rights or remedies the ABL Agent or the ABL Lenders may have with respect to the ABL Priority Collateral, or any rights or remedies the Term Loan Agents or the Term Loan Lenders may have with respect to the Term Loan Priority Collateral.

  • To hire, train, motivate and manage Loan Agents for the purpose of originating and processing quality loans within the marketing area of the Branch office located at 2320 Paseo Del Prado, Las Vegas, Nevada.

  • Promptly upon the Discharge of Term Loan Claims, the Term Loan Agents shall deliver written notice confirming the same to the ABL Agent; provided that the failure to give any such notice shall not result in any liability of the Term Loan Agents or the other Term Loan Lenders hereunder or in the modification, alteration, impairment, or waiver of the rights of any party hereunder.

  • The Loan Agent will establish and maintain on behalf of the Borrowers a record of ownership (the "Register") in which the Loan Agent agrees to register by book entry the Loan Agent's and each Lender's interest in the Loans, the Notes and this Agreement, and in the right to receive any payments hereunder or thereunder and any assignment of any such interest or rights.

  • The Grantors agree that any information provided to the ABL Agent, the Term Loan Agents, any other ABL Lender or any other Term Loan Lender may be shared by such person with any of the other Lenders notwithstanding a request or demand by such Grantor that such information be kept confidential; provided that such information shall otherwise be subject to the respective confidentiality provisions in the ABL Credit Agreement and each of the Term Loan Credit Agreements, as applicable.


More Definitions of Loan Agents

Loan Agents has the meaning set forth in Section 9.1(a).
View Source

Related to Loan Agents

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successor thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, “Trustee”, “Collateral Trustee” or similar term under any Term Credit Agreement.

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

  • Credit Agent means JPMorgan Chase Bank, N.A., in its capacity as administrative agent for the lenders party to the Credit Agreement, or any successor or successors party thereto.