Replacement Term Lender definition

Replacement Term Lender means each Lender having a Term Loan Commitment to provide Replacement Class B Term Loans or, as the case may be, with an outstanding Replacement Class B Term Loan.
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Replacement Term Lender. By: Name: Title: For any institution requiring a second signature line: By: Name: Title:
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Replacement Term Lender is defined in Section 2.1(d)(iii).
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Examples of Replacement Term Lender in a sentence

  • The “Replacement Term Loan Commitment” of any Replacement Term Lender will be such amount (not exceeding any commitment offered by such Replacement Term Lender) allocated to it by the Administrative Agent and notified to it on or prior to the Effective Date.

  • The Borrower shall give notice to the Administrative Agent of the proposed Effective Date not later than one Business Day prior thereto, and the Administrative Agent shall notify each Continuing Term Lender and each Replacement Term Lender thereof.

  • The commitments of the Replacement Term Lenders are several, and no Replacement Term Lender shall be responsible for any other Replacement Term Lender’s failure to make Replacement Term Loans.

  • The Borrowers and the Administrative Agent hereby consent to the assignment of any Replacement Term Loans held by the Replacement Term Lender on the date hereof; provided, that the applicable Borrower consents to such assignment only to the extent that the amount and relevant assignee of each such assignment has been disclosed by the Administrative Agent to the applicable Borrower on or prior to the date hereof.

  • Each Replacement Term Lender has made the 2018 Replacement Term Loans pursuant to the Fourth Amendment.

  • Neither the Agent nor any of its Affiliates shall be liable to the Borrower, any other Loan Party, any Replacement Term Lender or any of their respective Affiliates, equity holders or debt holders for any losses, costs, damages or liabilities incurred, directly or indirectly, as a result of the Agent, or any of their respective Affiliates, taking any action in accordance with any election form executed by any Replacement Term Lender to convert its Replacement Term Loans as set forth herein.

  • Each Replacement Term Lender has made the 2017 Replacement Term Loans pursuant to the Second Amendment.

  • Notwithstanding any other provisions of this Amendment to the contrary, for purposes of consummating the Refinancing and the foregoing transactions set forth in this Section 2, each of the parties hereto acknowledge and agree that the Person executing and delivering this Amendment as the “Additional Replacement Term Lender” shall act as the sole Additional Replacement Term Lender for purposes of facilitating funding on the Amendment Effective Date.

  • Each 2017 Replacement Term Lender will provide its 2017 Replacement Term Loan on the 2017 Replacement Term Loan Facility Effective Date by making available to the Administrative Agent, in the manner contemplated by the Amended Credit Agreement or as otherwise arranged by the Administrative Agent and such 2017 Replacement Term Lenders, an amount equal to its 2017 Replacement Term Loan Commitment.

  • Exhibit No. Description 10.1 Fifth Amendment to Credit and Guarantee Agreement, dated as of March 8, 2018, among Kraton Polymers LLC, as U.S. Borrower, Kraton Polymers Holdings B.V., as Euro Borrower, Kraton Corporation, as Parent, certain subsidiaries of Parent, as Guarantors, the Lenders party thereto from time to time and Credit Suisse AG, Cayman Islands Branch, as Administrative Agent and as Dollar Replacement Term Lender and Euro Replacement Term Lender.


More Definitions of Replacement Term Lender

Replacement Term Lender means each Lender replacing an Existing Term Lender on the Second Restatement Date in accordance with Section 2.13(g).
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Replacement Term Lender means any Lender that has a Replacement Term Commitment or a Replacement Term Loan.
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Replacement Term Lender appearing in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:
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Replacement Term Lender shall have the meaning assigned to such term in the 2017 Replacement Term Loan Amendment.
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Replacement Term Lender each Lender which has a Replacement Term Loan Commitment or which has made a Replacement Term Loan.
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Replacement Term Lender means each Lender with a Replacement Term Commitment or a Replacement Term Loan (including any Replacement Term Loan which has been converted from a Term Loan on the First Amendment Effective Date pursuant to Section 2.01(d)(ii)).”
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Related to Replacement Term Lender

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche C Term Loan as defined in Section 2.1.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.