Unsecured Lenders definition

Unsecured Lenders means the lenders party to the Senior Unsecured Facility.
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Unsecured Lenders has the meaning given to it in the recitals and includes their successors and permitted assigns;
Sample 1

Examples of Unsecured Lenders in a sentence

  • 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 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.

  • 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.

  • No modification, variation or amendment of any provision of this Unsecured Debenture shall be made without the prior written consent of all of the Unsecured Lenders, the Issuer and the Parent Company.

  • The Parent Company will continue to be a reporting issuer in good standing in each of the Qualifying Provinces, and the Parent Company will cause its Common Shares to continue to be listed for trading on the CSE or quoted on the OTC or such other exchange as the Requisite Unsecured Lenders may consent to in writing from time to time.

  • The Debtor, the Secured Lenders and the Unsecured Lenders shall notify the Buyer within seven (7) calendar days their respective receipt of the Notice whether or not they dispute any information in the Notice.

  • 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.

  • Except as set forth on Schedule 4.19(r), the occurrence of any Change of Control Transaction unless the Requisite Unsecured Lenders shall have consented to such Change of Control Transaction in writing (which consent shall be made or withheld in the Requisite Unsecured Lenders’ sole discretion), unless such Change of Control Transaction occurs after the date that is three years from the Closing Date and provides for the Obligations to be paid in full in which case no consent shall be required.

  • No party may assign its rights or benefits under this Agreement except that any of the Unsecured Lenders may assign any or all of its Unsecured Debentures from time to time and their rights and benefits or any of their obligations under this Agreement to: (i) any of its Affiliates or members; or (ii) any Person or Persons who may purchase all or part of their Unsecured Debentures, both (i) and (ii) being subject to compliance with applicable securities laws and applicable cannabis regulations.

  • If Debtor, Secured Lenders and Unsecured Lenders agree with the information in the Notice, the Debtor shall pay the amount set forth in the Notice to the payee set forth therein within ten (10) days of Debtor's receipt of the Notice and shall furnish reasonably satisfactory evidence to the Buyer of such payment.

Related to Unsecured Lenders

  • Secured Lender means a lender under a Secured Lender’s Security Agreement.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

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

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

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

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

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

  • Required Lenders means, at any time, Lenders having Revolving Credit Exposures and unused Commitments representing more than 50% of the sum of the total Revolving Credit Exposures and unused Commitments at such time.

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

  • DIP Lender means a lender under the DIP Facility.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Prepetition Lenders means the lenders under the Prepetition Credit Agreement.

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

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Requisite Lenders means Lenders having or holding more than 50% of the sum of the aggregate Term Loan Exposure of all Lenders plus the aggregate Revolving Loan Exposure of all Lenders.

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

  • Minority Lenders has the meaning provided in SECTION 9.02(c).

  • Prior Lenders means, collectively, the lenders party to the Prior Credit Agreement.

  • First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.

  • First Lien Loan Documents means the “Loan Documents” 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.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • 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.