Senior Lenders definition

Senior Lenders means the financial institutions, banks, multilateral lending agencies, trusts, funds and agents or trustees of debenture holders, including their successors and assignees, who have agreed to guarantee or provide finance to the Developer under any of the Financing Agreements for meeting all or any part of the Total Project Cost and who hold parri passu charge on the assets, rights, title and interests of the Developer;

Senior Lenders means the holders of the Senior Debt.

Senior Lenders means the Persons holding Senior Lender Claims, including the First Lien Agents.

Examples of Senior Lenders in a sentence

• Any unauthorized amendment of the Subordinate Loan Documents without Senior Lender's consent shall be void ab initio and of no effect whatsoever.

• A distribution made under these subordination provisions to the Senior Lenders which otherwise would have been made to the Subordinated Lender is not, as between the Company and the Subordinated Lender, a payment by the Company on the Senior Debt.

• If a payment or other distribution is made to the Subordinated Lender that because of these subordination provisions should not have been made to it, the Subordinated Lender shall hold it in trust for the Senior Lenders and pay it over to the Administrative Agent for distribution to each Senior Lender in accordance with the Credit Agreement.

• After Full Payment, the Subordinated Lender will be subrogated to the rights of the Senior Lenders to receive payments in respect of the Senior Debt.

• If at any time Project Co receives a notice that an “event of default”, any event entitling the Senior Lenders to enforce any security or any other similar event has occurred under the Senior Financing Agreements, Project Co will forthwith deliver to the Owner a copy of such notice.

More Definitions of Senior Lenders

Senior Lenders means the lenders with respect to the Senior Loans.

Senior Lenders means the lenders party to the Senior Credit Agreement from time to time.

Senior Lenders means the lenders under the Senior Credit Agreement.

Senior Lenders means the Persons holding Senior Lender Claims, including the Credit Agent.

Senior Lenders means the financial institutions, banks, multilateral lending agencies, trusts, funds and agents or trustees of debenture holders, including their successors and assignees, who have agreed to guarantee or provide finance to the Developer under any of the Financing Agreements for meeting all or any part of the Total Project Cost and who hold pari passu charge on the assets, rights, title and interests of the Developer;

Senior Lenders means any person, financial institutions, banks, funds and trustees for bond holders or debenture holders, who have provided loans for financing the Total Project Cost as evidenced in Financing Documents;

Senior Lenders has the meaning specified therefor in the Recitals hereto.