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 collectively BPER and Unicredit. Exhibit 10.1 Manitex International Inc. 0000 Xxxxxxxxxx Xxxxx Bridgeview, IL 60455 ((USA)

Senior Banks means collectively BPER and Unicredit. IPEF III Holdings n° 11 S.A. 00 xxx xx x’Xxx L-1449 Luxembourg

Examples of Senior Banks in a sentence

• 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.

• 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.

• If this proves not to be the case, the Majority Senior Banks may by notice to the other parties hereto require such changes to be made to this Agreement as they reasonably consider necessary to give effect to the provisions of this Agreement in the light of the hedging documentation actually entered into by any Obligor.

• 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.

• Except for the Charges comprised in the Financing Documents, none of the Hedging Bank, Overdraft Bank or Mezzanine Lenders shall take or hold or seek to take or hold any encumbrance, guarantee or indemnity from any member of the Group or require any Obligor to deposit any funds or assets or maintain any bank account with it without the prior written consent of the Majority Senior Banks.

More Definitions of Senior Banks

Senior Banks means collectively BPER and Unicredit. 15

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

Senior Banks. : means MPS Capital Services Banca per le Imprese S.p.A. (formerly Monte dei Paschi di Siena Banca per l’Impresa S.p.A.), as agent and lender, and Banco Popolare Società Cooperativa (formerly Efibanca S.p.A.), as lender, and any other potential bank being part, as lender, to the Facilities Agreement.

Senior Banks. Release Letter”: means the instruments in writing substantially in the form of Schedule 1.1.104 executed by Senior Banks or MPS Capital Services Banca per le Imprese S.p.A., as agent and on behalf of other Senior Banks, a copy of which will be delivered by Sellers to Purchaser on or before the Closing Date.

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 the "Lenders" as defined under the Senior Credit Agreement, their successors and assigns, and all other holders of Senior Debt from time to time.

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.