Facility holder definition
Examples of Facility holder in a sentence
Uncommitted Master Shelf Facility holder of a Note has the right to maintain its investment in the Notes free from repayment by the Obligors (except as herein specifically provided for) and that the provision for payment of a Make-Whole Amount by the Obligors in the event that the Notes are prepaid or are accelerated as a result of an Event of Default, is intended to provide compensation for the deprivation of such right under such circumstances.
To the extent that any of the lenders under the Working Capital Facility or the holders of any other indebtedness or obligation evidenced by Financing Documents are not represented by a Working Capital Agent or Senior Secured Debt Agent, such lenders under the Working Capital Facility, holder of Senior Secured Debt or holder of any such other indebtedness or obligations shall be permitted to execute this Agreement and the Designation Letter on its own behalf in lieu of any agent on its behalf.