Term Loan Parties definition

Term Loan Parties shall have the meaning assigned to that term in the recitals to this Agreement.
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Term Loan Parties means the “Loan Parties” as defined in the Term Loan Credit Agreement.
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Term Loan Parties means all of them, collectively.
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Examples of Term Loan Parties in a sentence

  • To secure the Prepetition FLLO Obligations, the Prepetition FLLO Term Loan Parties granted to BNYM, as Prepetition FLLO Term Loan Agent, for the benefit of itself and the Prepetition FLLO Secured Parties, properly perfected and continuing first-priority “last-out” liens, mortgages and security interests (collectively, the “Prepetition FLLO Liens”) in the Prepetition Collateral.

  • All use of Cash Collateral shall be in compliance with the budget agreed to by the Debtors and the Prepetition Term Loan Parties, a copy of which is annexed hereto as Exhibit A (as the same may be modified and/or extended from time to time with theconsent of the Prepetition Term Loan Parties in their sole and absolute discretion, the “Budget”).

  • The Prepetition Term Loan Parties shall not be subject to the equitable doctrine of “marshaling” or any other similar doctrine with respect to any of the Collateral.

  • The terms of this Stipulation and Order have been negotiated in good faith and at arm’s length among the Debtors and the Prepetition Term Loan Parties.

  • The Prepetition Term Loan Parties reserve the right to request further or different adequate protection in the future, and the Debtors or any other party may contest any such request.

  • The Prepetition Term Loan Parties shall not be required to file or record financing statements, mortgages, notices of lien, or similar instruments in any jurisdiction or take any other action in order to validate and perfect the Adequate Protection Liens granted to them pursuant to this Stipulation and Order.

  • The Debtors agree that (i) the Prepetition Term Loan Parties shall be entitled to all of the rights and benefits of section 552(b) of the Bankruptcy Code, and (ii) the “equities of the case” exception under section 552(b) of the Bankruptcy Code shall not apply to the Prepetition Term Loan Parties with respect to proceeds, product, offspring or profits of any of the Collateral, but such agreement is not binding on the Court.

  • The Budget may be further updated and amended (with the consent and/or at the request of the Prepetition Term Loan Parties in their sole and absolute discretion) from time to time, provided that such updated or amended Budget shall be in form and substance acceptable to the Prepetition Term Loan Parties in their sole and absolute discretion and the Debtors shall be required to comply with the Budget.

  • Without limiting (and solely to the extent of) its obligations to fund the Carve-Out, the Prepetition Term Loan Parties shall not be responsible for (i) the direct payment or reimbursement of any fees or disbursements of Case Professionals incurred in connection with the Chapter 11 Cases, any Successor Cases or otherwise, or (ii) the administration and maintenance of the Carve-Out Account or the disbursement of funds from the Carve-Out Account to pay Case Professionals.

  • This Agreement, the Plan, the Definitive Documents, or any annexes thereto may not be modified, amended, or supplemented, nor may any terms and conditions hereof or thereof be waived, without the prior written consent of the Debtors and each of the Consenting Term Loan Parties.


More Definitions of Term Loan Parties

Term Loan Parties means the “Loan Parties” as defined in the Initial Term Loan Credit Agreement and the analogous term in each other Term Loan Credit Agreement.
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Term Loan Parties means collectively, the Term Borrower, the Term Guarantors, any grantor or pledgor party under any Term Collateral Documents and each other direct or indirect subsidiary or parent of the Term Borrower or any of its affiliates that is now or hereafter becomes a party to any Term Document.
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Term Loan Parties means each of the parties to the Term Loan Agreement from time to time as “Lenders” and Medley, in its capacity as agent for the other Term Loan Parties.
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Term Loan Parties shall have the meaning assigned to that term in the recitals to this Agreement. “Term Obligations” shall mean all obligations of every nature of each Term Loan Party from time to time owed to the Term Secured Parties, or any of them, under any Term Document, including, without limitation, all “Obligations” of each Term Loan Party or similar term as defined in the Term Loan Agreement, whether for principal, interest, fees, expenses, indemnification or otherwise, and all other amounts owing or due under the terms of the Term Documents (including interest, fees, indemnification payments, expense reimbursements and other amounts which, but for the filing of an Insolvency Proceeding with respect to such Term Loan Party, would have accrued on or been payable with respect to any Term Obligation, whether or not a claim is allowed against such Term Loan Party for such interest, fees, indemnification payments, expense reimbursements and other amounts in the related Insolvency Proceeding), as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time in accordance with the terms hereof and thereof. “Term Priority Collateral” shall mean all Collateral, other than ABL Priority Collateral, including the following: (1) Equity Interests owned by any of the Term Loan Parties; (2) Equipment of the Term Loan Parties; (3) Intellectual Property of the Term Loan Parties; (4) Real property owned by any Term Loan Party; (5) Payment intangibles of, and promissory notes in favor of, any Term Loan Party; (6) General intangibles; (7) Term Collateral Proceeds Accounts; (8) tax refunds or rebates relating to real estate or personal property described above;
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Term Loan Parties means the Term Loan Lenders, Term Loan Agent, Consenting Term Lenders, Term Loan DIP Agent, the lenders from time to time party to the 1L Exit Facility Credit Agreement, 2L Exit Facility Credit Agreement, and 3L Exit Facility Credit Agreement, and the 1L Exit Facility Agent, 2L Exit Facility Agent, and 3L Exit Facility Agent.
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Related to Term Loan Parties

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

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

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

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

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

  • Loan Parties means, collectively, the Borrower and each Guarantor.

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

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

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

  • Credit Parties means the Borrower and the Guarantors.

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

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

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

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

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

  • Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

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

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • U.S. Credit Parties means, collectively, the US Borrowers and the US Subsidiary Guarantors.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.