Supporting Lenders definition

Supporting Lenders means those Prepetition Lenders party to the Restructuring Support Agreement.
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Supporting Lenders means the Bank Group members that are signatories to the Plan Support Agreement.
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Supporting Lenders means the Revolving Facility Lenders that are signatories to the Restructuring Support Agreement and remain bound by its terms.
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Examples of Supporting Lenders in a sentence

  • The undersigned hereby agrees, as of the date first above written, to join and to be bound as a Supporting Lender by all of the terms and conditions of the Forbearance Agreement to the same extent as each of the other Supporting Lenders thereunder.

  • This Agreement shall be binding upon each of the Loan Parties, the Supporting Lenders and the Agent and their respective successors and assigns, and shall inure to the benefit of each such person and their permitted successors and assigns.

  • The acceptance of the Plan by the Supporting Lenders will not be solicited until the Supporting Lenders have received the Disclosure Statement and related ballots.

  • The covenants and agreements of the Supporting Lenders to be performed at or prior to the Effective Date shall have been performed in all material respects in accordance with this Agreement.

  • Prior to the date of this Agreement, the Company has made available to the Supporting Lenders a complete and accurate copy of the organizational documents of the Company and each of its Subsidiaries as in effect on the date of this Agreement.

  • The agreements, representations, and obligations of the Supporting Lenders under this Agreement are, in all respects, several and not joint.

  • This Agreement shall become effective and binding upon each of the Parties as of the date when counterpart signatures pages to this Agreement are executed and delivered by the Company and the Supporting Lenders.

  • The Company shall have delivered to the Supporting Lenders a certificate duly executed by an executive officer of the Company certifying to the effect that the conditions set forth in Section 8.3(a) and Section 8.3(b) have been satisfied.

  • This Agreement and the obligations hereunder shall automatically and immediately terminate if, following the delivery of any notice by the Supporting Lenders pursuant to Section 9.1(b), the Company or any other party-in-interest asserts that the termination of this Agreement or the delivery of such notice violates the automatic stay imposed in connection with the Chapter 11 Cases.

  • Prior to consummation of the Plan, the Debtors shall not settle, compromise or discharge any Cause of Action that is not agreed to be released pursuant to this Term Sheet without the consent of the Required Supporting Lenders.


More Definitions of Supporting Lenders

Supporting Lenders. “Supporting Lenders” means, collectively, Xxxxx Brothers, LLC (“Xxxxx”) and Equify Financial, LLC (“Equify”), in their capacity as lenders under the Credit Agreement (as defined below). Prepetition Debt An amount of no less than $65 million in principal plus any fees, expenses, and other amounts arising pursuant to the terms of the Credit Agreement and any documents or agreements related thereto1 (the “Prepetition Debt”).
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Supporting Lenders means, collectively, the Supporting Dex East Lenders, the Supporting Dex West Lenders, the Supporting RHDI Lenders, and the Supporting SuperMedia Lenders.
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Supporting Lenders means the Second Lien Lenders party to the Plan Support Agreement.
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Related to Supporting Lenders

  • Existing Lenders as defined in the recitals hereto.

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

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Extending Lenders has the meaning specified in Section 2.08.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Revolving Credit Lenders means, collectively, all of the Lenders with a Revolving Credit Commitment.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Increasing Lenders is defined in Section 2.14.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

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

  • Continuing Lenders as defined in the recitals hereto.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • New Revolving Lender as defined in Section 2.24.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.