Backstop Lenders definition

Backstop Lenders means the Initial Lenders and the Secondary Lenders.
Backstop Lenders means the financial institutions (or any Affiliate, investment advisor, manager or beneficial owner for the account of such Person, or an affiliated fund or trade counterparty designated by such Person) listed on Schedule 2.5.2.
Backstop Lenders means the financial institutions (or any Affiliate, investment advisor, manager or beneficial owner for the account of such Person, or an affiliated fund or trade counterparty designated by such Person) listed on Schedule 2.12.

Examples of Backstop Lenders in a sentence

  • The Plan provides for distribution of (a) New Holdco Common Stock to holders of Allowed Claims in Class 4, the Exit Term Facility Backstop Lenders (or their respective designated investment advisors, managers, affiliates, related funds or managed accounts) and the Exit Term Facility Lenders (or their respective designated investment advisors, managers, affiliates, related funds or managed accounts) and (b) New Opco Common Units to New Holdco (collectively, the “Plan Securities”).

  • Well, I am here to tell you that the NLRB, on its 75th Anniversary year, is an agency with renewed vigor, passion, and purpose.

  • Following the Closing Date, the Company shall use commercially reasonable efforts to assist the Backstop Lenders in connection with the primary syndication process (the “Syndication”) for the assignment of a proportionate share of the Term Loans and Commitments in accordance with the RSA.

  • For the avoidance of doubt, only the Backstop Lenders are entitled to their pro rata share of the backstop fee (as described in the DIP Fee Letter).

  • The volume levels are based on the number of transactions carried out and apply per month and participant.


More Definitions of Backstop Lenders

Backstop Lenders means those certain Lenders party to the Backstop Commitment Letter.
Backstop Lenders means those Lenders identified on Schedule 2.01 hereto as “Backstop Lenders.”
Backstop Lenders means those certain Noteholders who are members of the Ad Hoc Group of Noteholders and who executed and delivered the RSA and who hold Facility Amounts in the DIP Facility and any other Person to whom any Backstop Lender assigns its Facility Amount and Loans (other than in connection with any Solicitation Assignment) and who becomes a party hereto pursuant to an Assignment and Assumption and the RSA in accordance with the terms thereof.
Backstop Lenders means each of the Consenting Noteholders that are signatories to that certain commitment letter, agreed to and accepted by the Company on September 22, 2010 with respect to the DIP Credit Agreement.
Backstop Lenders means those certain Lenders party to the Backstop Commitment Letter. "Bankruptcy Code" has the meaning assigned to it in the recitals to the Agreement. "Bankruptcy Court" has the meaning assigned to it in the recitals to the Agreement.
Backstop Lenders means Brightwood Capital Advisors, LLC, XX Xxxx Capital Management, LLC, Main Street Capital Corporation, CQS (UK) LLP, Capital Southwest Corporation and I-45 SPV LLC and each of their respective Related Funds.
Backstop Lenders means those certain Prepetition First Lien Lenders who executed the Restructuring Support Agreement and, pursuant to the terms thereof, shall backstop the Term DIP Commitments, as defined therein.