Secured Term Loan Lenders definition

Secured Term Loan Lenders means the lenders from time to time to the Secured Term Loan.
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Secured Term Loan Lenders means the lenders from time to time under the Secured Term Loans;
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Secured Term Loan Lenders means the lenders from time to time under the Secured Term Loans; “Secured Term Loans” means the secured term loans issued and outstanding pursuant to the Secured Term Loan Credit Agreement; “Securityholder Released Parties” means, collectively, the Trustees and Agents, in any of their respective capacities under the applicable Debt Documents, the Administrative Agent under the Two Year Equity Bridge Credit and Guaranty Agreement, in each case including any predecessors in such capacity, the Early Consenting Debtholders, and each of their respective current and former directors, officers, managers, partners, employees, auditors, financial advisors, legal counsel and agents which, for the avoidance of doubt, shall include the Advisors; “Share Consolidation” has the meaning given to it in Section 5.3(d); “Share FMV” has the meaning given to it in Section 5.3(e)(iii); “Shareholders’ Arrangement Resolution” means the resolution of the Existing Shareholders relating to the Arrangement to be considered at the Shareholders’ Meeting, substantially in the form attached as Appendix “C” to the Circular; “Shareholders’ Meeting” means the meeting of the Existing Shareholders as of the Record Date to be called and held pursuant to the Interim Order for the purpose of considering and voting on the Shareholders’ Arrangement Resolution and to consider such other matters as may properly come before such meeting and includes any adjournment(s) or postponement(s) of such meeting; “Subordinated Promissory Note” means the Non-Negotiable Subordinated Promissory Note made by Concordia Healthcare Inc. in favour of Xxxxxxxxx Xxxxxxx, dated December 20, 2013, or any permitted assignee thereof, as amended, modified and/or supplemented from time to time;
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Examples of Secured Term Loan Lenders in a sentence

  • Any Reorganized Debtors Interests issued to Participating Secured Term Loan Lenders or Participating Revolving Loan Lender on account of the Exit Credit Agreement Facility shall dilute any Reorganized Debtors Interest issued pursuant to Article III of the Plan equally.

  • On the Effective Date, the Participating Secured Term Loan Lenders shall fund the Exit Secured Term Loan Facility, and the Participating Secured Revolving Loan Lenders shall fund the Exit Secured Revolving Loan Facility.

  • Both loans are secured by the same collateral, however, KeyBank’s position is senior to the Prepetition Secured Term Loan Lenders, entitling KeyBank to receive payment on the Revolving Loans first before any payment could be made to the Prepetition Term Loan Lenders.

  • Since the Secured Term Loan Lenders will not be afforded the opportunity to vote, the Proposed Plan cannot be confirmed and the Proposed Disclosure Statement should not be approved to the extent that the Plan includes provisions that result in the impairment of the Secured Term Loan Claims.

  • First, it describes a Proposed Plan that improperly classifies the Secured Term Loan Lenders as Unimpaired, when the Secured Term Loan Lenders are in fact impaired under the Proposed Plan.

  • Indeed, adding insult to injury, the Debtors’ updated Projections, as compared to the original Projections, eliminate $55 million of principal payments to the Secured Term Loan Lenders over the Projection Period.

  • The Debtors may also argue that the Secured Term Loan Lenders will claim they are no longer adequately protected for the use of their cash collateral, but the Debtors know that this argument does not hold water in the face of a non-priming 7 The Committee believes that the Debtors should work closely with the Ad Hoc Noteholder Group to determine on what terms the Ad Hoc Noteholder Group would agree to equitize their Junior DIP Loan.

  • Whether the proceeds that were used to make that repayment were provided by Sycamore, the Unsecured Term Loan Lenders, the Secured Term Loan Lenders, the ABL Lenders, or some other source, is a key issue because any party whose proceeds were used to repay pre-transaction debt would have an argument that they provided reasonably equivalent value to the Debtors, and possibly have a defense against a claim for fraudulent transfer.

  • Repair & Maintenance Equipment and ToolsAfter the discussion, by unanimous consent, the Committee agreed to advance the Repair & Maintenance Equipment and Tools contract to the full Board for approval.

  • An individual Secured Term Loan or the aggregate Secured Term Loans, as the case may be, in the maximum principal amount of $170,000,000.00 made by the Secured Term Loan Lenders hereunder.

Related to Secured Term Loan Lenders

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

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

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

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

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

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

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

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

  • Term Loan B has the meaning set forth in Section 2.2(b).

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

  • Term Loan A has the meaning set forth in Section 2.2(a).

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

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • 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.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

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

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.