Original Loan Party definition

Original Loan Party means each Loan Party listed on Schedule 1.01C.
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Original Loan Party means, collectively or individually, as appropriate, (a) Holdings, (b) ACP and/or (c) Merger Sub.
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Original Loan Party means the Borrower or an Original Loan Party.
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Examples of Original Loan Party in a sentence

  • Except as set forth on Schedule 3.15, each Original Loan Party and its Subsidiaries owns, free and clear of Liens, other than Liens created under the Pledge Agreements, and has the unencumbered right to vote, all the outstanding ownership interests in each Person shown to be held by it on Schedule 3.

  • This Agreement and the other Loan Documents have been duly executed and delivered by each Original Loan Party and constitute legal, valid and binding obligations of such Original Loan Party, enforceable against it in accordance with their respective terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

  • Each Original Loan Party has disclosed to the Lenders all agreements, instruments and other restrictions to which it or any of its Subsidiaries is subject, and all other matters known to it, that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect.

  • Each Original Loan Party and its Subsidiaries is in compliance with all Requirements of Law and orders of any Governmental Authority, in each case, applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

  • The Obligations are, and will be, superior and senior in right of payment to any Indebtedness of each Original Loan Party and its Subsidiaries (including, without limitation, any obligations to make Deferred Acquisition Payments) other than the Convertible Notes and the Trust Preferred Securities.

  • As of the Effective Date, there are no tax sharing agreements or similar arrangements (including tax indemnity arrangements) with respect to or involving any Original Loan Party or any of its Subsidiaries, other than tax sharing agreements between the Borrower and its Subsidiaries.

  • No Original Loan Party is an “investment company” as defined in, or subject to regulation under, the Investment Company Act of 1940.

  • For purposes of determining whether or not a representation is true under this Section 3.19, an Original Loan Party shall not be required to make any investigation into (i) the ownership of publicly traded stock or other publicly traded securities or (ii) the beneficial ownership of any collective investment fund.

  • The Loan is further secured or evidenced by that certain Environmental Indemnity Agreement, dated June 18, 2003, given by Original Loan Party and FelCor Lodging (individually and collectively, as the context may require, "Indemnitor") to Lender (the "Environmental Indemnity").

Related to Original Loan Party

  • Original Loan Agreement has the meaning set forth in the recitals hereto.

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Original Loan Documents means the "Loan Documents" as defined in the Original Credit Agreement.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Original Borrower shall have the meaning set forth in the recitals hereto.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States and that is not a CFC.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Original Lender shall have the meaning assigned to such term in the recitals.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Dutch Loan Party means a Loan Party incorporated under the laws of the Netherlands.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.