EPL Banks definition

EPL Banks means the EPL Lenders and the EPL Swap Providers.

Examples of EPL Banks in a sentence

  • The Parent shall promptly forward to every Party any notification received by it under this sub-paragraph (b) (such notification to be made, in the case of Consenting Bondholders, to the Ad Hoc Committee’s Legal Advisers and in the case of the Consenting EPL Banks, to the EPL Facility Agent).

  • If at any time before the Notified Filing Date there is a continuing Material Adverse Change, an Objecting Majority (which in the case of the EPL Banks shall require an EPL Bank Special Majority) may by notice given to the Parent before the Notified Filing Date terminate this Agreement, in which case the provisions of Clause 8 shall apply and the Parent shall not file the Creditors’ Scheme Order.

  • CLAIM AMOUNTS AND COMPROMISE ENTITLEMENTS Bondholders £ 407,891,000 EPL Banks £ 210,000,000 ECTEF £ 72,000,000 TOTAL £ 85,000,000 TPL £ 159,000,000 RBS £ 37,500,000 Bondholders £ 154,067,314 52.3 % EPL Banks1 £ 20,000,000 14 % ECTEF £ 19,981,465 6.8 % RBS £ 14,160,599 4.8 % TOTAL £ 23,267,225 7.7 % TPL £ 43,523,397 14.4 % 1 The EPL Banks will also have rights under the New EPL Arrangements.

  • The Consenting EPL Banks agree not to take or encourage (unless it would be permitted under the terms of this Agreement and the Creditor Restructuring Agreement) any action to require the EPL Facility Agent to declare an Event of Default under (and as defined in) the EPL Facility Agreement, or enforce payment under the EPL Facility Agreement or the making of advances under the EPL SLA (including enforcement of security).

Related to EPL Banks

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • Banks shall include the Agent in its individual capacity.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Administrative Agents the collective reference to the General Administrative Agent and the Canadian Administrative Agent.

  • Issuing Banks means, as the context may require (w) with respect to the 2016 Revolving Facility Commitment, (i) Barclays Bank PLC, with respect to up to $40,000,000.00 of Letters of Credit, (ii) Citigroup Global Markets Inc., with respect to up to $22,500,000.00 of Letters of Credit, (iii) Deutsche Bank AG New York Branch, with respect to up to $35,246,500.00 of Letters of Credit, (iv) Royal Bank of Canada, with respect to up to $25,378,500.00 of Letters of Credit and (v) ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank USA, with respect to up to $1,875,000.00 of Letters of Credit; provided that each Issuing Bank may, in its sole discretion, issue a greater amount of Letters of Credit than the amounts set forth above (subject to the Letter of Credit Sublimit), (x) for purposes of the Existing Roll-Over Letters of Credit, the Issuing Bank set forth on Schedule 1.01(C), (y) for purposes of the Existing CS Letters of Credit set forth on Schedule 1.01(F), Credit Suisse AG, Cayman Islands Branch and (z) each other Issuing Bank designated pursuant to Section 2.05(l), in each case in its capacity as an issuer of Letters of Credit hereunder, and its successors in such capacity; provided that the amount set forth in clause (v)(i) herein shall include the total amount of the Existing CS Letters of Credit. An Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of such Issuing Bank, in which case the term “Issuing Banks” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.