Additional Loan Party definition

Additional Loan Party means the Original First Lien Borrower, Holdings (so long as it is a guarantor under any of the Additional Guarantees), each direct or indirect Subsidiary of the Original First Lien Borrower or any of its Affiliates that is or becomes a party to any Additional Document, and any other Person who becomes a guarantor under any of the Additional Guarantees.
Additional Loan Party means any Person who becomes a Borrower or an Equity Owner after the Closing Date in accordance with Section 5.01(s).
Additional Loan Party means a company which becomes an Additional Loan Party in accordance with Clause 27 (Changes to the Loan Parties).

Examples of Additional Loan Party in a sentence

  • Upon satisfaction of the foregoing conditions, such Additional Loan Party shall be a Loan Party for all purposes hereunder and under the other Loan Documents.

  • Without limiting the generality of the foregoing terms of this Section 1, the Additional Loan Party hereby, jointly and severally with the other Guarantors, unconditionally, absolutely and irrevocably guarantees to the Secured Parties, as provided in the Guaranty, the due and punctual payment at maturity, whether by acceleration or otherwise, and the due fulfillment and performance of the Obligations.

  • The Additional Loan Party has agreed to execute and deliver this Agreement in order to become a party to the Intercreditor Agreement and hereby becomes a Subsidiary Guarantor and a Loan Party thereunder.

  • The Additional Loan Party is jointly and severally liable for the full payment and performance of the Obligations as a primary obligor.

  • The address of the Additional Loan Party for purposes of all notices and other communications is set forth on the signature page hereof.


More Definitions of Additional Loan Party

Additional Loan Party has the meaning specified in Section 6.10(a).
Additional Loan Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 6.12.
Additional Loan Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.11.
Additional Loan Party has the meaning set forth in Section 5.01(o).
Additional Loan Party means each Subsidiary as shall from time to time become party to any of the Loan Documents in accordance with Section 6.09 or otherwise.
Additional Loan Party means each Subsidiary as shall from time to time become an Additional Guarantor under the Subsidiary Guaranty and an Additional Debtor under the Security Agreement in accordance with Section 6.09.
Additional Loan Party. By: Name: Title: Address for notices: Attn: Facsimile: E-mail: EXHIBIT HForm of Joinder Agreement – 3 ACCEPTED BY: TEXAS CAPITAL BANK, as Administrative Agent By: Name: Title: