Credit Parties definition

Credit Parties means the Borrower and the Guarantors.
Credit Parties means the Borrower and the Guarantors and "Credit Party" means any one of them.

Examples of Credit Parties in a sentence

  • The Company and the Credit Parties were each represented by counsel during the negotiations and drafting of this Agreement and continue to be represented by counsel.

  • This Agreement is the product of negotiations among the Company and the Credit Parties, and in the enforcement or interpretation hereof, is to be interpreted in a neutral manner, and any presumption with regard to interpretation for or against any Party by reason of that Party having drafted or caused to be drafted this Agreement, or any portion hereof, shall not be effective in regard to the interpretation hereof.

  • Any notice given by Administrative Agent or any Lender to Borrower shall be deemed to be a notice to all of the Credit Parties.

  • Except for purposes of financial statements delivered by the Credit Parties hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as so determined by the Administrative Agent or the Letter of Credit Issuer, as applicable.

  • The provisions of this Section 11 are solely for the benefit of the Administrative Agent and the Lenders and none of the Credit Parties, any Investor, or any Affiliate of the foregoing (each, a “Borrower Party”) shall have any rights as a third-party beneficiary of the provisions hereof (except for the provisions that explicitly relate to the Credit Parties in Section 11.10).


More Definitions of Credit Parties

Credit Parties means the Borrowers and the Guarantors, and “Credit Party” shall mean any of them.
Credit Parties means (a) individually, (i) each Lender and its Affiliates, (ii) each Agent, (iii) each L/C Issuer, (iv) each beneficiary of each indemnification obligation undertaken by any Loan Party under any Loan Document, (v) any other Person to whom Obligations under this Agreement and other Loan Documents are owing, and (vi) the successors and assigns of each of the foregoing, and (b) collectively, all of the foregoing.
Credit Parties means all such Persons, collectively.
Credit Parties means Borrower and each of its Subsidiaries.
Credit Parties means, collectively, each Borrower and each Guarantor.
Credit Parties means Holdings, the Borrower and each other Person (i) which executes a guaranty of the Obligations, (ii) which grants a Lien on all or substantially all of its assets to secure payment of the Obligations and (iii) all of the Stock of which is pledged to Agent for the benefit of the Secured Parties.
Credit Parties means, collectively, the Borrowers and the Subsidiary Guarantors.