New Loan Parties definition

New Loan Parties shall have the meaning set forth in Section 2.13.

New Loan Parties means the Borrower and its Subsidiaries other than the Existing Loan Parties.

New Loan Parties and “New Loan Party” have the meanings specified in the definition of “Permitted Reorganization”.

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 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.

• 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.

• Such financial statements of Parent present fairly, in all material respects, the financial position and results of operations and cash flows of the Parent and the New Loan Parties as of such date and for such period in accordance with GAAP.

• In the event that any additional Persons shall become a 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 thereafter, cause such New Loan Parties to enter into the Guarantee.

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 certain affiliates of GHLLC listed on Schedule III attached hereto, which are joining this Agreement and the other Loan Documents as of the Closing Date.

New Loan Parties. Domestic Subsidiaries of the Borrower acquired after the closing date of the Existing Credit Agreement and before the Closing Date.

New Loan Parties and “New Loan Party” have the meanings specified in the definition of “Permitted Reorganization”. 29 Xxxxx Xxxxxx Amended and Restated Credit and Guaranty Agreement NYDOCS03/1067767.15

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.