Exit Loan Agent definition

Exit Loan Agent has the meaning specified in the preamble to this Agreement.
Exit Loan Agent means Vida Capital, Inc., as exit loan agent under the Exit Loan Agreement.

Examples of Exit Loan Agent in a sentence

  • Without limitation of the foregoing, each Lender agrees to reimburse each Exit Loan Agent promptly upon demand for its ratable share of any costs and expenses (including, without limitation, fees and expenses of counsel) payable by the Borrower under Section 13.04, to the extent that the Exit Loan Agent is not promptly reimbursed for such costs and expenses by the Borrower.

  • Absent express written consent from the Exit Loan Agent, the Borrower shall be prohibited from making any distributions to Position Holder Trust Beneficiaries under the Borrower’s trust agreement until such time that the Borrower pays to the Exit Loan Agent, for the account of the Lenders, the principal amount of all Advances made by the Lenders to the Borrower under the terms of this Agreement, together with all interest owing by the Borrower pursuant to Section 2.08.

  • The Borrower shall, and shall cause each of its Subsidiaries to, provide such information and take such actions as are reasonably requested by the Exit Loan Agent or any Lender in order to assist the Exit Loan Agent and the Lenders in maintaining compliance with the Patriot Act.

  • The Exit Loan Agent may at any time give notice of its resignation to the Lenders and the Borrower.

  • The Exit Loan Agent may consult with legal counsel (who may be counsel for the Borrower) independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

  • Without limiting Section 3.04, in determining compliance with any condition hereunder to the making of any Advances that by its terms must be fulfilled to the satisfaction of a Lender, the Exit Loan Agent may presume that such condition is satisfactory to such Lender unless the Exit Loan Agent shall have received notice to the contrary from such Lender prior to the making of such Advances.

  • RH stated that apart from the one site; the sites in the MV plan were still compatible with the Ockley NDP.

  • If the Exit Loan is prepaid prior to the Prepayment Date, then the Borrower shall pay to the Exit Loan Agent for account of the Lenders a prepayment fee equal to the interest which would have been earned on the Exit Loan from the date of such prepayment of the Exit Loan to the Prepayment Date had the Exit Loan not been prepaid (the “Prepayment Fee”).

  • The Exit Loan Agent and each Lender agrees promptly to notify the Borrower after any such set- off and application; provided, however, that the failure to give such notice shall not affect the validity of such set-off and application.

  • Subject to Article XI hereof, the Exit Loan Agent, acting at the direction of the Required Lenders, may, at any time or times, proceed directly against the Borrower to collect the Exit Loan Obligations without prior recourse to the Collateral.

Related to Exit Loan Agent

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

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

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Exit Facility Agent means the agent under the Exit Facility.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

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

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

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

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

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • First Lien Last Out Loan means a loan that, prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.