Examples of New Loan Parties in a sentence

The joinder to the Guarantee, and execution and delivery thereof by such New Loan Parties, shall not require the consent of any other party to the Guarantee.
In the event that any additional Persons shall become a Restricted Subsidiary of Payor and a Loan Party under the Principal Credit Agreement (“New Loan Parties”), Payor shall promptly, and, in any event, within ten (10) Business Days after becoming a Loan Party under the Principal Credit Agreement, cause such New Loan Parties to enter into the Guarantee.
In the event that any additional Persons shall become a Restricted Subsidiary of Indemnitor and a Loan Party under the Principal Credit Agreement (“New Loan Parties”), Indemnitor shall promptly, and, in any event, within ten (10) Business Days after becoming a Loan Party under the Principal Credit Agreement, cause such New Loan Parties to enter into the Guarantee.
REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 2 IN WITNESS WHEREOF, each of the New Loan Parties has caused this Agreement to be duly executed by its authorized officer, and the Administrative Agent, for the benefit of the Lenders, has caused the same to be accepted by its authorized officer, as of the day and year first above written.
These will continue to be funded from other sources including from Council Tax receipts.

More Definitions of New Loan Parties

New Loan Parties means those Loan Parties that become Loan Parties on the Amendment No. 1 Effective Date as a result of the Amendment No. 1

New Loan Parties has the meaning set forth in Section 5.1.(d).

New Loan Parties. Initial Security, Initial Security GP, a California general partnership, and Security Services.

New Loan Parties has the meaning assigned to such term in the Revolving Credit Agreement.