2016 Term Lenders definition

2016 Term Lenders. Lenders holding 2016 Term Loans, in their capacity as such.
Sample 1
2016 Term Lenders means, as of any date of determination, Lenders holding any 2016 Term Loans.
Sample 1

Examples of 2016 Term Lenders in a sentence

  • The damages suffered by 2016 Term Lenders are such that there is no complete or adequate remedy at law.

  • Such damages include fees and costs incurred by 2016 Term Lenders in connection with enforcing their legal rights as well as a loss of unique and valuable collateral securing their loan to RCPC.

  • At all relevant times following the execution of the 2016 Credit Agreement, RCPC, Citibank, and the 2016 Term Lenders were parties to the 2016 Credit Agreement.

  • All negative effects of the Purported Waiver in respect of payments disproportionately impacted the 2016 Term Lenders, while holders of the Sham Revolver’s Revolving Commitments were not affected at all.

  • The Purported Waiver, by its terms, “adversely affect[ed] the rights of [the 2016 Term] Lenders .

  • If, for example, Revlon defaults on its debt repayments to 2016 Term Lenders when they come due, the Sham Revolver will have been repaid well before Revlon’s resulting bankruptcy.

  • RCPC stripped their remaining first-priority liens on the BrandCo Collateral, including the Elizabeth Arden IP, whose acquisition was the entire purpose of the 2016 Term Loan Facility, leaving the 2016 Term Lenders with no security interest in the BrandCo Collateral.

  • The 2016 Term Lenders had a first-priority lien on the BrandCo IP.

  • One of the new facilities was used to “roll up”—that is, repurchase—the 2016 Term Loans of the 2016 Term Lenders who are also BrandCo Term Lenders, but not other 2016 Term Lenders.

  • The 2016 Term Lenders had a first-priority lien on the American Crew IP.

Related to 2016 Term Lenders

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • 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.

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

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

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

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Majority Term Lenders at any time, (a) if only one Term Lender holds the Term Loan, such Term Lender; and (b) if more than one Term Lender holds the Term Loan, at least two Term Lenders who hold more than 50% of the principal sum of all Term Loans outstanding; provided that the portion of the Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Term Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.