Acceding Creditor definition

Acceding Creditor means an institution that becomes a Creditor after the date of this Deed in accordance with Clause 15(Changes to the Parties).
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Acceding Creditor has the meaning assigned thereto in Art. 22 (Accession to the Agreement).
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Acceding Creditor means any person that has become a party to this Agreement in accordance with Clause 5 (Accession). Accession Undertaking means an undertaking substantially in the form set out in Schedule 1 (Form of Accession Undertaking). Applicable Law(s) has the meaning given to that term in the FAP. Borrowings has the meaning given to that term in the FAP. Business Day has the meaning given to that term in the FAP. Company Security means any Security Interest created or conferred by the Company.
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Examples of Acceding Creditor in a sentence

  • The Company shall provide notice to any Acceding Creditor of any amendment or waiver as soon as reasonably practicable after the written consent of both Parties is obtained.

  • For the avoidance of doubt, the consent of any Acceding Creditor shall not be required in order to amend or waive this Agreement.

  • In accordance with clause 6 (Significant Creditors to be Informed of FDP Obligations) of the FAP, each Acceding Creditor hereby acknowledges the obligations of the Company under clause 5 (FDP Contributions have priority over debt and dividend payments) of the FAP.

  • Acceding [Creditor] [Executed as a Deed [insert full name of Acceding Creditor] ................................................................

  • Thus, a significant negative impact could be expected from an increase in the number of diesel power stations, compared with other electrification schemes such as grid extension and micro hydropower generation, which do not emit such air contaminants in their operation stage.

  • This Undertaking has been entered into on the date stated above [and is executed as a deed by the Acceding Creditor, if it is acceding as a Subordinated Creditor] and is delivered on the date stated above].

  • With respect to any Creditor who is an Original Acceding Creditor, this Amendment Letter shall amend the terms of the Original SFH Support Letter for that Original Acceding Creditor with effect from the time that the Original Acceding Creditor has delivered a duly signed Accession Confirmation to the Company, either directly or by another party on its behalf (the “ Individual Effective Time”).


More Definitions of Acceding Creditor

Acceding Creditor means any person that has become a party to this Agreement in accordance with Clause 5 (Accession).
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Related to Acceding Creditor

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

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

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

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • Second Lien Bank Loan means a Bank Loan (other than a First Lien Bank Loan and a Last Out Loan) that is entitled to the benefit of a first and/or second lien and first and/or second priority perfected security interest on all or substantially all of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

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

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

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

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

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

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

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

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition Credit Agreement.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Creditor Representative means, with respect to Series 2023-2, the Indenture Trustee.

  • Senior Lender means each holder of a Senior Note.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

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