Existing Grantors definition

Existing Grantors and each individually as an “Existing Guarantor” or “Existing Grantor”), Vapor Shark Miami, LLC, a Florida limited liability company (“VP Miami”), Vapor Shark Hallandale, LLC, a Florida limited liability company (“VP Hallandale”), Vapor Shark Xxxxxxx, LLC, a Florida limited liability company (“XX Xxxxxxx”), Vapor Shark Pinecrest, LLC, a Florida limited liability company (“VP Pinecrest”), Vapor Shark Palmetto Bay, LLC, a Florida limited liability company (“VP Palmetto Bay”), Vapor Shark Flagami, LLC, a Florida limited liability company (“VP Flagami”), Vapor Shark Coral Springs, LLC (“VP Coral Springs” and together with VP Miami, VP Hallandale, VP Kendal, VP Pinecrest, VP Palmetto Bay, and VP Flagami, collectively, the “New Guarantors” and together with the Existing Guarantors, the “Guarantors”), Prospect Capital Corporation, a Maryland corporation, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders and the other Secured Parties (as defined in the Second Lien Guaranty and Security Agreement referred to below), and Fifth Third Bank, an Ohio banking corporation, as Administrative Sub-Agent (the “Administrative Sub-Agent”).
Sample 1
Existing Grantors is defined in the recitals.
Sample 1
Existing Grantors means Pattern US Finance Company LLC, Pattern Gulf Wind Equity LLC, Nevada Wind Holdings LLC, Santa Xxxxxx Holdings LLC, Hatchet Ridge Holdings LLC, Ocotillo Wind Holdings LLC, Panhandle Wind Holdings LLC and Panhandle B Member 2 LLC.
Sample 1

Examples of Existing Grantors in a sentence

  • The Borrower, the Original Administrative Agent, the Existing Grantors and the Debtors party hereto desire to amend and restate (but not novate) the Borrower Security Agreement and the Subsidiary Security Agreement.

  • Second Lien Guaranty and Security Agreement dated as of February 17, 2017, by and among the Existing Grantors, Existing Guarantors, and the Administrative Agent, for the benefit of the Secured Parties.

  • Most of farmers fail within a few years and sell their property to large landowners.

  • Existing Grantors have advised ABL Agent and Term/Notes Agent of the acquisition by the Company, directly or indirectly, of all of the equity interests in New Grantors.

  • The undersigned and the Existing Grantors agree that Exhibit A attached to this Amendment shall replace the corresponding exhibits in the Security Agreement and that the perfection certificate attached to this Amendment shall replace the Perfection Certificate referenced in the Security Agreement.

  • Period of Performance (also Performance period or Contract time): All calendar days allowed for completion of contract work.

  • Each of the Existing Grantors hereby acknowledges, confirms and agrees that nothing herein shall constitute a novation or accord and satisfaction with respect to the Ancillary Loan Documents or any other Loan Documents.

  • First Lien Guaranty and Security Agreement dated as of February 17, 2017, by and among the Existing Grantors, Existing Guarantors, and the Administrative Agent, for the benefit of the Secured Parties.

  • Each of the Existing Grantors hereby ratifies and confirms all of the terms and conditions of, and all of the warranties and representations set forth in, each of the Ancillary Loan Documents to which it is a party, and each of the Existing Grantors acknowledges and agrees that each of the Ancillary Loan Documents (including any schedules and exhibits thereto), as amended by this Agreement, remains in full force and effect.

  • The Existing Grantors acknowledge and agree that, after giving effect to this Agreement, the security interests granted in the Existing Pledge and Security Agreement shall be continuing Liens for the benefit of Royal Bank of Canada, as Collateral Agent for the Secured Parties.


More Definitions of Existing Grantors

Existing Grantors means, collectively, the Existing Guarantors and the Borrower.
Sample 1
Existing Grantors shall have the meaning set forth in the recitals.
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Existing Grantors means, collectively, the Borrower and each Subsidiary that is, or becomes, party to the Collateral Agreement.
Sample 1
Existing Grantors shall have the meaning assigned thereto in the statement of purpose.
Sample 1

Related to Existing Grantors

  • Grantors shall have the meaning set forth in the preamble.

  • Additional Grantors shall have the meaning assigned in Section 5.3.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • Existing Credit Agreements has the meaning set forth in the recitals hereto.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Term Secured Parties shall have the meaning assigned to that term in the introduction to this Agreement.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Additional Senior Debt Parties means, with respect to any series, issue or class of Additional Senior Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Additional Senior Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Company or any Guarantor under any related Additional Senior Debt Documents.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • Credit Agreement Secured Parties means the “Secured Parties” as defined in the Credit Agreement.

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Existing Agent has the meaning assigned to such term in the recitals hereto.