Examples of Refinancing Term Lenders in a sentence
The Administrative Agent shall have the right to approve all Lenders in connection with Refinancing Term Loans (“Refinancing Term Lenders”) and Refinancing Revolving Credit Commitments (“Refinancing Revolving Credit Lenders”, and together with the Refinancing Term Lenders, “Refinancing Lenders”), which approval shall not be unreasonably withheld, delayed or conditioned.
The Agent and the Refinancing Term Lenders hereby acknowledge that the Borrower has complied with the notice provisions required by Section 2.16 of the Credit Agreement in connection with the Refinancing Term Loans.
Upon execution and delivery hereof, and the funding of the 2017 Refinancing Term Loans, the Administrative Agent will record in the Register the 2017 Refinancing Term Loans made by the 2017 Refinancing Term Lenders as “Term Loans”.
In the event any Refinancing Term Loans are made, such Refinancing Term Loans shall mature and be repaid in amounts and on dates as agreed between the Borrower and the relevant Refinancing Term Lenders in the applicable Refinancing Facility Agreement, subject to the requirements set forth in Section 2.24.
The Refinancing Term Loans shall be established pursuant to an amendment to this Agreement among the Borrower, the Administrative Agent and the Refinancing Term Lenders providing such Refinancing Term Loans (a “Refinancing Term Loan Amendment”) which shall be consistent with the provisions set forth in paragraph (a) above (which shall not require the consent of any other Lender).
The Refinancing Fronting Term Lender acknowledges and agrees that in the absence of a change to the terms and conditions of this Amendment (including Exhibit A hereto) that is (x) materially adverse to the New Refinancing Term Lenders, taken as a whole, in their capacity as such and (y) made after the submission of such executed counterpart, such submission is irrevocable.
The Lenders party hereto (which collectively constitute all 2023 Refinancing Term Lenders) (a) authorize and direct the Administrative Agent to execute this Agreement; (b) consent to the transactions contemplated by this Agreement; and (c) authorize and direct the Administrative Agent to take any and all actions and execute such documents as shall be required to give effect to or otherwise implement this Agreement.
The Borrower and the 2017 Refinancing Term Lenders agree that the Arrangers shall be entitled to the privileges, indemnification, immunities and other benefits afforded to the Lead Arrangers pursuant to Sections 8.08 and 9.04 of the Amended Credit Agreement and except as otherwise agreed to in writing by the Borrower and the Arrangers, shall have no duties, responsibilities or liabilities with respect to this Amendment No. 1, the Amended Credit Agreement or any other Loan Document.
The commitments of the Exchanging Term Lenders and the Additional Refinancing Term Lenders are several and not joint and no 2017 Refinancing Term Lender will be responsible for any other 2017 Refinancing Term Lender’s failure to make or acquire the 2017 Refinancing Term Loans.
As used herein, the New Incremental Term Loans and the New Refinancing Term Loans are collectively referred to as the “New Term Loans” or the “2022 Incremental Term B-2 Upsize Loans”; the New Incremental Term Lenders and the New Refinancing Term Lenders are collective referred to as the “New Term Lenders” or the “2022 Incremental Term B- 2 Upsize Lenders”.