Existing Term Lenders definition

Existing Term Lenders is defined in the third recital hereto.

Existing Term Lenders those Lenders holding an Original Initial Term Loan immediately prior to the First Amendment Effective Date.

Existing Term Lenders means “Term Lenders” under and as defined in the Existing Credit Agreement.

Examples of Existing Term Lenders in a sentence

• On the Amendment No. 1 Effective Date, the proceeds of the Shortfall Term Loans shall be applied to prepay the aggregate principal amount of the Existing Term Loans of the Non-Continuing Existing Term Lenders and the Non-Allocated Existing Term Loans of all the Continuing Term Lenders.

• The Borrower defaulted in the timely repayment of the loan amounts and in view of the continuous default, the loan account of the Borrower was classified as a non-performing asset in the books of the Existing Term Lenders and Existing Working Capital Lender, in accordance with the directions and guidelines issued by the Reserve Bank of India.

• Thereafter, the Existing Term Lenders and Existing Working Capital Lender viz.

• On the Closing Date, the Existing Term Lenders made Existing Term Loans to the Borrower pursuant to Section 2.01(a) of this Agreement as in effect on the Closing Date.

• Simultaneously with the effectiveness of this Agreement, the Revolving Commitments of each of the Revolving Lenders and the Existing Term Loans of the Existing Term Lenders, in each case, as existing immediately prior to the Effective Date, shall be reallocated among the Lenders of the applicable Class so that the Revolving Commitments and Term Loans are held by the Lenders of the applicable Class as set forth on Schedule I attached hereto.

More Definitions of Existing Term Lenders

Existing Term Lenders each Term Lender under and as defined in the Existing Credit Agreement.

Existing Term Lenders means Lenders holding Existing Term Loans under the Original Credit Agreement as in effect immediately prior to the Second Restatement Effective Date.

Existing Term Lenders means the Term Lenders immediately prior to the Second Amendment Effective Date.

Existing Term Lenders is defined in the fourth recital hereto.

Existing Term Lenders means Ableco Finance LLC and the other financial institutions party to the Loan and Security Agreement, dated as of December 18, 2003, between Borrowers and such financial institutions, and Ableco Finance, LLC, as Agent, as amended or modified through the Closing Date.

Existing Term Lenders is defined in the third recital. --------------------- -------------

Existing Term Lenders has the meaning assigned to the term “Lenders” under the Existing Term Credit Agreement.