Senior Loans definition

Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.
Senior Loans has the meaning set forth in paragraph (vii) of the definition of “▇▇▇▇▇’▇ Discount Factor.”
Senior Loans has the meaning given to such term in Section 11.4.2.

Examples of Senior Loans in a sentence

  • All amounts paid by B▇▇▇▇▇▇▇ and otherwise due to be applied to the indebtedness and obligations owing to the Defaulting Lender pursuant to the terms hereof shall be distributed by Administrative Agent to the other Lenders in accordance with their respective Proportionate Shares of the Loan (recalculated for purposes hereof to exclude the Defaulting Lender’s Proportionate Share of the Loan), until all Senior Loans have been paid in full.


More Definitions of Senior Loans

Senior Loans means senior secured floating rate corporate loans typically issued by non-investment grade companies (and unless otherwise specifically noted herein means senior secured floating rate loans issued by non-investment grade companies), with exposure to such gained through (i) direct purchase of senior loans made by banks or other financial institutions to borrowers, (ii) assignments of such interests in senior loans, or (iii) participation interests in senior loans.
Senior Loans shall have the meaning assigned to the term “Loans” in the Senior Loan Agreement.
Senior Loans the loans made by the Senior Lenders to the Borrowers pursuant to the Senior Credit Agreement.
Senior Loans means a loan made or to be made by a Senior Lender to OT LLC under the CTA.
Senior Loans means a loan made or to be made by a Senior Lender to OT LLC under the CTA. “Sponsor Senior Loan” has the meaning ascribed thereto in the CTA.
Senior Loans means the loans extended under the ZAR 502,618,734.27 and BWP equivalent of ZAR 78,814,868, senior unsecured loan facility agreement entered into by ECL and the Senior Lendersin connection with the Restructuring.
Senior Loans is defined in Section 11.15.