Unsecured Lenders definition

Unsecured Lenders means the lenders party to the Senior Unsecured Facility.
View Source
Unsecured Lenders has the meaning given to it in the recitals and includes their successors and permitted assigns;
View Source

Examples of Unsecured Lenders in a sentence

  • The Borrower shall deliver to Bank, promptly upon receipt thereof, copies of all documents entered into between Borrower and Borrower's Unsecured Lenders, including but not limited to any and all amendments, modifications, extensions, waivers, forbearance agreements, instruments and all documents required to be delivered in accordance with all said documents.

  • IDI Lenders and the Agent agree to execute and deliver the Fifth Amendment and Waiver on the Effective Date, and SDI, the SDI Unsecured Lenders and the Agent agree to execute and deliver the Third Amendment and Waiver on said Effective Date.

  • The Borrower agrees that the foregoing covenants shall be automatically modified to reflect the modification of any similar financial covenant set forth in the documents between the Borrower and Borrower's Unsecured Lenders, the effect of which is to cause said financial covenants to be more restrictive than the financial covenants set forth herein.

  • If an Event of Default shall have occurred and be continuing, the Unsecured Lenders may conduct additional inspections in their sole discretion, each at the Parent Company’s sole expense.

  • If Debtor, Secured Lenders and Unsecured Lenders fail to respond to the Buyer's Notice within such seven-day period, or if Debtor fails to make such payment in full within such ten-day period, Buyer shall have the right to pay the amount set forth in the Notice to the payee set forth therein on behalf of the Debtor and the amount of such payment shall be deducted from the Cash Component on the Possession Date.

  • At such time as the Borrower is obligated to maintain a Fixed Charge Coverage Ratio for the Unsecured Lenders, the Borrower will also maintain a Fixed Charge Coverage Ratio of not less than 1.20:1:00 as of the last day of each fiscal quarter of the Borrower.

  • Provided, however, that in no event shall the Interest Rate be less than the highest rate charged at any time by the Borrower's Unsecured Lenders.

  • The Parent Company has made available to the Unsecured Lenders all the information reasonably available to the Parent Company that the Unsecured Lenders have requested.

  • There is no fact which the Parent Company has not disclosed to the Unsecured Lenders and of which the Parent Company is aware which materially and adversely affects or is reasonably likely to materially and adversely affect the Business.

  • The Parent Company shall provide written notice to the Unsecured Lenders at least thirty (30) days prior to the registration of any securities with the U.S. Securities and Exchange Commission or any other applicable securities commission and/or the filing of a prospectus or any other document with any Securities Commission in relation to the distribution of a security by the Parent Company.