Other Senior Loans definition

Other Senior Loans means, with respect to any Asset Based Loan, other senior secured loans of the same Obligor.
Other Senior Loans means, with respect to any Asset Based Loan, other senior secured loans of the same Obligor. "Other Taxes" has the meaning assigned to that term in Section 11.07(b). "Outstanding Principal Balance" means, at any time for any Loan Asset, the outstanding principal amount of such Loan Asset at such time, including any Delayed Draw for such Portfolio Asset that has been funded at such time; provided, that if any Loan Asset is denominated in an Eligible Currency other than U.S. Dollars, the Outstanding Principal Balance of such Loan Asset shall be the equivalent in U.S. Dollars as determined by the Borrower using the Applicable Exchange Rate. "Outstanding Underlying Adjusted Loan Balance" means, for any Eligible Portfolio Asset for any date of determination, an amount equal to the applicable Advance Rate for such Eligible Portfolio Asset multiplied by the Outstanding Principal Balance of such Eligible Portfolio Asset (or, in the case of any Eligible Portfolio Asset with respect to which an Underlying Obligor Default is continuing, 50% of such Outstanding Principal Balance) at such time. "Participant" has the meaning assigned to that term in Section 11.04(d). "Participant Register" has the meaning assigned to that term in Section 2.03(c). "Participation Agreement" means, for any Portfolio Asset that consists of a loan participation interest, the participation agreement or other agreement pursuant to which the Borrower participates in the Underlying Loan Obligation for such Portfolio Asset in a form customarily provided by the Loan Syndications and Trading Association, or in a form reasonably agreed to by the Borrower and the Administrative Agent (acting at the direction of the Majority Lenders) on or prior to the Closing Date or Cut‐Off Date for such Portfolio Asset, as the case may be. "Payment Date" means (a) with respect to any unscheduled inter‐period payments made at the Borrower’s option, any date specified by the Borrower so long as no more than three (3) such Payment Dates per fiscal quarter (or such higher number agreed to by the Initial Lender) are declared pursuant to this clause (a) (such unscheduled payment date, an “Inter‐Period Payment Date”), (b) with respect to regularly scheduled payment dates, the 15th calendar day of January, April, July and October (commencing January 16, 2023) or, if such day is not a Business Day, the next succeeding Business Day (such regularly scheduled payment date, a “Scheduled Payment Date”) and (c) the Maturity Date;...

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