Senior Banks definition

Senior Banks means those various financial institutions as may become, from time to time, parties to the Senior Credit Agreement as “Banks” thereunder.

Senior Banks means the Banks from time to time as defined in the Facility Agreement;

Senior Banks means collectively BPER and Unicredit. 15

Examples of Senior Banks in a sentence

• In the event that a Voided Payment is recovered from the Senior Bank, an Event of Default shall be deemed to have existed and to be continuing under the Loan Agreement from the date of the Senior Bank's initial receipt of such Voided Payment until the full amount of such Voided Payment is restored to the Senior Bank.

• Notwithstanding the foregoing, the obligations of the Borrower and the claims of the Creditor under this Seller’s Credit shall – if the Borrower, the Guarantor or the Target becomes insolvent or enters into bankruptcy proceedings - be fully subordinated to claims of the Senior Banks in respect of the Senior Bank Debt Guarantee Obligations.

• Until the Senior Discharge Date, the Companies shall not and shall procure that none of the other Obligors shall without the prior written consent of the Majority Senior Banks pay, redeem, repay, prepay or purchase all or any part of the Mezzanine Liabilities except for payments permitted under Clause 8 of this Agreement and each of the Mezzanine Lenders hereby undertakes not to accept any such payment, redemption, repayment, prepayment or purchase without such consent.

• The rate of S$3.11 per sq ft per month was arrived at based on commercial negotiations between willing parties.

• If Senior Banks allow any portion of any proceeds of any insurance, condemnation or similar award with respect to any Senior Bank Collateral to be used by any Credit Party to repair or replace the Senior Bank Collateral affected, Halifax agrees to take promptly all action reasonably requested by Agent to permit such use.

More Definitions of Senior Banks

Senior Banks means collectively BPER and Unicredit. 15IPEF III Holdings n° 11 S.A.18 rue de l’EauL-1449 Luxembourg

Senior Banks means the Banks as defined in the Senior Credit Agreement.

Senior Banks means the holders from time to time of the Revolving Credit Notes and the Secured Term Loan Notes;

Senior Banks. Bankers Trust Company and any banks or financial institutions acceptable to the Arranger (the "Senior Banks").

Senior Banks means GE Capital S.p.A. (formerly Interbanca S.p.A.), Banca Nazionale del Lavoro S.p.A. and any other bank being part, as lender, to the Facility Agreement.

Senior Banks means Madison Capital Funding LLC and the other lenders from time to time a party to the Senior Bank Agreement or financial institutions party to any agreement evidencing a Permitted Refinancing thereof.

Senior Banks means National City Bank, a national banking association, and the other lenders from time to time under the Senior Bank Agreement or financial institutions a party to any agreement evidencing a Permitted Refinancing thereof.