Loan Player definition
Examples of Loan Player in a sentence
Such secondment is referred to as a Loan arrangement, and such Player is referred to as a Loan Player.
Such secondment is referred to as a Loan arrangement, and such Player is referred to as a Loan Player.
Cov-Lite Loan means a Collateral Loan the Related Contracts for which do not require the Obligor thereunder to comply with any Maintenance Covenant (regardless of whether compliance with one or more Incurrence Covenants is otherwise required by such Related Contracts); provided that, notwithstanding the foregoing, a Collateral Loan shall be deemed for all purposes (other than the S&P Recovery Rate for such Collateral Loan) not to be a Cov-Lite Loan if the Related Contracts for such Collateral Loan contain a cross-default or cross acceleration provision to, or such Collateral Loan is pari passu with, another loan, debt obligation or credit facility of the underlying Obligor that contains one or more Maintenance Covenants.