Senior Loan Borrowers definition

Senior Loan Borrowers shall have the meaning provided that term in the recitals.
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Senior Loan Borrowers means the various borrowers party to the Senior Loan Agreement.
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Senior Loan Borrowers is defined in the recitals to this Agreement.
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Examples of Senior Loan Borrowers in a sentence

  • Sellers shall cause (i) each of the Casablanca Senior Loan Borrowers to exercise its options to extend the maturity date of the Casablanca Senior Loan for successive one-year periods, first to April 9, 2011, and then to April 9, 2012, and (ii) CSE Casablanca Holdings II LLC to exercise its options to extend the maturity date of the Casablanca Mezzanine Loan for successive one-year periods, first to April 9, 2011, and then to April 9, 2012.

  • Sellers shall provide the Buyer with copies of the extension notices given by or on behalf of the Casablanca Senior Loan Borrowers and CSE Casablanca Holdings II LLC, respectively, promptly after such notices are sent to the Casablanca Senior Lender and the Casablanca Mezzanine Lender, as the case may be.

  • Borrower shall furnish or cause to be furnished to Lender such financial information concerning Borrower, the Principals, each of the Property Owners, any of the Senior Loan Borrowers, each of the Managers, BTR Mxxxxx SPE and any of the Properties or any portion thereof as Lender may reasonably request from time to time.

  • As of the date hereof, there are no outstanding judgments or claims of any kind against Borrower, any pledgor under a Pledge and Security Agreement, any Guarantor, BTR Mxxxxx SPE, any of the Property Owners, any of the Senior Loan Borrowers, each of the Managers, or any of the Principals or any of their properties in excess of Twenty-Five Thousand Dollars ($25,000) as to any individual judgment or Fifty Thousand Dollars ($50,000) in the aggregate.

  • Except for the Mezzanine Loan and its obligations under each of the Senior Loans, Borrower, BTR Mxxxxx SPE, each of the Property Owners, each of the Senior Loan Borrowers, and each of the Managers, as of the Closing Date, shall not be indebted to any Person in respect of any indebtedness.

  • Each of the Senior Loan Borrowers is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware and is registered or qualified to do business in, and is in good standing under the laws of, the state in which the Properties are located and every other jurisdiction in which the nature of its business or its properties makes such qualification necessary.

  • The organizational chart set forth as Exhibit B hereto accurately sets forth all of the Ownership Interests in Borrower and any constituent member of Borrower, all of the Borrower Membership Interests and all of the Membership Interests in each of the Senior Loan Borrowers, and all of their Affiliates shown thereon.

  • Notwithstanding anything to the contrary contained in this Agreement or in any of the Mezzanine Loan Documents, each of Borrower, BTR Mxxxxx SPE, each of the Managers, each of the Property Owners and each of the Senior Loan Borrowers shall at all times be a Single Purpose Entity.

  • If, pursuant to the terms of the Senior Loan Documents, any Owner is ever entitled to receive any portion of any Net Proceeds (i.e., such amounts are not required to be used for restoration or to be applied to repayment of the Senior Loan), Borrowers shall cause such portion of such Net Proceeds to be deposited into the Subordinate Deposit Account and all such amounts shall then be applied to the payment of the Obligations.

  • Market liquidity risk refers to the potential risk that the Group is unable to liquidate its assets/securities at or near the previous market price due to inadequate market depth or disruptions to the marketplace.

Related to Senior Loan Borrowers

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

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Subordinated Lenders means the holders of Subordinated Debt.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

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

  • Subordinate Lender means the person or entity named as such in the first paragraph of this Agreement and any other person or entity who becomes the legal holder of the Subordinate Note after the date of this Agreement.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

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

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

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

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • DIP Lender means a lender under the DIP Facility.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Senior Loan has the meaning provided in the Recitals hereto.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.