Initial Lenders definition

Initial Lenders has the meaning specified in the recital of parties to this Agreement.

Initial Lenders has the meaning specified in the first paragraph of this Agreement.

Initial Lenders has the meaning specified in the preamble hereto.

Examples of Initial Lenders in a sentence

• The Loan Documents shall have been duly authorized, executed and delivered by each of the parties thereto (including the Initial Lenders party to this Agreement on the Closing Date) and shall be in full force and effect, and each Agent shall have received copies of the fully executed originals of each Loan Document, including without limitation any amendments thereto, along with a completed Perfection Certificate satisfactory in form and substance to the Administrative Agent and the Lenders.

• Each of the Initial Lenders acknowledges (i) the retention of the Financial Advisor and (ii) that such relationship does not create any fiduciary duties or fiduciary responsibilities to such Initial Lender on the part of the Arranger or its affiliates.

• The Initial Borrowing shall consist of Initial Loans made simultaneously by the Initial Lenders in accordance with their respective Initial Commitments.

• The Arrangers may and reserve the right to, after the execution of the Credit Agreement, syndicate all or a part of the Initial Lenders’ Commitments to one or more financial institutions and/or lenders (collectively with the Initial Lenders, the “Lenders”) in one or more stages, and you acknowledge and agree that the commencement of syndication shall occur in the discretion of the Arrangers in consultation with you.

• Xxxxxxx Xxxxx is pleased to confirm its agreement to act, and you hereby appoint Xxxxxxx Sachs to act, as the sole lead arranger and sole bookrunner (acting in such capacities, the “Arranger” and together with the Initial Lenders, collectively, the “Initial Financing Parties”, “we” or “us”) with respect to the Commitments and the Advances under the Bridge Loan Agreement (the “Bridge Facility”).

More Definitions of Initial Lenders

Initial Lenders means the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the Initial Lenders.

Initial Lenders has the meaning given to such term in the introductory paragraph hereof.

Initial Lenders means the Arrangers and the affiliates of the Arrangers who are party to this Agreement as Lenders on the Closing Date.

Initial Lenders means the Lenders holding the Commitments or Loans on the Closing Date, as set forth on the Closing Date Facilities Schedule (as defined in the Original Credit Agreement).

Initial Lenders means the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the Initial Lenders; provided that any such bank, financial institution or other institutional lender shall cease to be an Initial Lender on any date on which it ceases to have a Commitment.

Initial Lenders means the Arrangers (or their applicable affiliates), in each case, who are party to this Agreement as Lenders on the Closing Date.

Initial Lenders has the meaning specified in the preamble to this Agreement.