Minority institutions , as used in this clause, means an institution of higher education meeting the requirements of section 1046(3) of the Higher Education Act of 1965 (20 U.S.C. 1135d-5(3)) which for the purposes of this clause includes a Hispanic-serving institution of higher education as defined in section 316(b)(1) of the Act (20 U.S.C.
Creditor Representative means, with respect to Series 2021-1, the Indenture Trustee.
Minority institution means an institution of higher education meeting the requirements of Section 365(3) of the Higher Education Act of 1965 (20 U.S.C. 1067k), including a Hispanic-serving institution of higher education, as defined in Section 502(a) of the Act (20 U.S.C. 1101a).
credit institutions means credit institutions as defined under Directive 2006/48/EC;
Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.
the institution means the institution which the Corporation is established to conduct and any institution for the time being conducted by the Corporation in exercise of its powers under the Further and Higher Education Act 1992;
Creditor agency means a Federal agency to whom a debtor owes a mone- tary debt. It need not be the same agency that effects the offset.
Senior Lender means each holder of a Senior Note.
Trust Collateral Agent means such successor Person.
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.
Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.
Subordination Agent Has the meaning specified in the Intercreditor Agreement.
Member Institution means a university that is a member of CUSC/CCREU.
Senior Lenders means each of the lenders from time to time under the Senior Credit 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;
Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.
ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.
Second Lien Agent means the “Agent” under and as defined in the Second Lien Credit Agreement.
Head of the institution means the Vice-Chancellor in case of a university or a deemed to be university, the Principal or the Director or such other designation as the executive head of the institution or the college is referred.
Second Lien Intercreditor Agreement means a “junior lien” Intercreditor Agreement, which shall be in form and substance reasonably satisfactory to the Administrative Agent, among the Administrative Agent and one or more Designated Representatives for holders of Alternative Incremental Facility Indebtedness or Permitted Junior Secured Refinancing Debt.
banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.
Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.
Term Loan Secured Parties means the “Secured Parties” as defined in the Term Loan Credit Agreement.
First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest (subject to Liens for “ABL” revolvers and customary encumbrances) on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.
Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);
Collateral Agent as defined in the preamble hereto.