Old Lender definition

Old Lender means Bank of America. N.A.

Old Lender means KBK Financial, Inc.

Old Lender means FCC, LLC .

Examples of Old Lender in a sentence

• Use the proceeds of the advances made hereunder for any purpose other than: (a) on the Closing Date, to repay in full the outstanding principal, accrued interest, and accrued fees and expenses owing to Old Lender; (b) to pay transactional costs and expenses incurred in connection with this Agreement; and (c) thereafter, consistent with the terms and conditions hereof, for its lawful and permitted corporate purposes.

• Borrower shall not use the proceeds of the Advances made hereunder for any purpose other than to, on the Closing Date, repay in full the outstanding principal, accrued interest, and accrued fees and/or expenses owing the Old Lender, if there is any sum owing to any Old Lender, and to pay transactional Lender Expenses incurred in connection with this Agreement.

• If applicable, Old Lender shall have been paid in full and Old Lender’s Security Interest in any assets of Borrower and all Collateral shall have been terminated.

• Borrower shall not use the proceeds of the Advances made hereunder for any purpose other than to, on the Closing Date, repay in full the outstanding principal, accrued interest, and accrued fees and/or expenses owing the Old Lender, and to pay transactional Lender Expenses incurred in connection with this Agreement.

• Borrower shall not use the proceeds of the Advances made hereunder for any purpose other than to, on the Closing Date, repay in full the outstanding principal , accrued interest, and accrued fees and/or expenses owing the Old Lender, and to pay transactional Lender Expenses incurred in connection with this Agreement.

More Definitions of Old Lender

Old Lender means Congress Financial Corporation (Western).

Old Lender means West Coast Bank.

Old Lender means Union Bank of California. ---------- "OLV," which stands for "Orderly Liquidation Value," shall mean, as of --- the date of determination thereof, the appraised orderly liquidation value (expressed as a percentage of the value of the Inventory (the lower of cost, computed on an average basis according to GAAP, or market value)), as determined by an appraisal firm acceptable to Foothill in its discretion, on such basis and applying such criteria as Foothill shall require, such appraisals to be conducted with such frequency as determined by Foothill in its reasonable credit judgment.

Old Lender means Wxxxx Fargo Business Credit, Inc., in its capacity as lender under the Old Credit Documents.

Old Lender means THE CIT GROUP/BUSINESS CREDIT, INC.

Old Lender means McKesson Corporation, Bergen Brunswig Drug Company and Joxx X. Xxchards, Jr., John X. Xxxxxxxx, Xx., X. Kix Xxxxxxxxxx xxx Xxxxas A. Xxxx.

Old Lender means: (a) Old Lender (AmSouth); and (b) Old Lender ---------- (Cigna).