First Lien Term Loan Lenders definition

First Lien Term Loan Lenders means holders of Claims arising from the First Lien Term Loan Credit Agreement, including, for the avoidance of doubt, current “Lenders” as shown on the “Register” as each such term is defined in the First Lien Term Loan Credit Agreement.

First Lien Term Loan Lenders means a lender having a commitment or credit exposure under the First Lien Term Loan Credit Agreement.

First Lien Term Loan Lenders means those banks, financial institutions, and other lenders party to the First Lien Credit Agreement from time to time.

Examples of First Lien Term Loan Lenders in a sentence

• Pursuant to the Mediation Settlement, and in order to implement the Intercreditor Settlement Agreement, the Debtors shall offset the First Lien Term Loan Professional Fee Disgorgement from distributions otherwise allocable to the First Lien Term Loan Lenders on account of the First Lien Term Loan Claims (as if such amounts had been paid), such that the First Lien Term Loan Lender Defendants shall not be required to pay any amounts in respect of the First Lien Term Loan Professional Fee Disgorgement.

• Certifying First Lien Term Loan Lender Defendants that do not comply with the requirements herein shall be liable for damages to the Non-Certifying First Lien Term Loan Lenders and shall be deemed to be in contempt of this Confirmation Order and subject to additional sanctions.

• Because there has been no diminution in value of the collateral of the First Lien Term Loan Lenders and the Second Lien Term Loan Lenders at TOUSA (calculated on a liquidation basis as of the Petition Date), there shall be no Claims in favor of the First Lien Term Loan Lenders and Second Lien Term Loan Lenders against any of the Plan Debtors pursuant to section 507(b) of the Bankruptcy Code.

• Neither the Joint Plan nor the Liquidation Trust Agreement may be amended in a manner that is materially adverse to any Settlement Party without the Settlement Party’s consent (with respect to matters affecting all of the First Lien Revolver Lenders, First Lien Term Loan Lenders or Second Lien Term Loan Lenders, such consent shall be deemed given with the consent of the Requisite Lenders, as defined under the applicable Loan Documents).

• On April 28, 2014, Mr. Hull resigned from the board of ISA and forefeited his option grant as he had not completed the year of service.

More Definitions of First Lien Term Loan Lenders

First Lien Term Loan Lenders means, collectively, the banks, financial institutions, and other lenders party to the First Lien Credit Agreement from time to time, each solely in their capacity as such.

First Lien Term Loan Lenders means, collectively, the banks, financial institutions, and other lenders party to the First Lien Term Loan Agreement from time to time, each solely in their capacity as such.

First Lien Term Loan Lenders has the meaning assigned to that term in the recitals to this Agreement.

First Lien Term Loan Lenders means those certain lenders and other financial institutions from time to time party to the First Lien Term Loan Credit Agreement.

First Lien Term Loan Lenders means, collectively, any Person party to the First Lien Term Loan Documents as lender (and including any other lender or group of lenders that at any time refinances, replaces or succeeds to all or any portion of the First Lien Term Loan Obligations or is otherwise party to the First Lien Term Loan Documents as a lender); sometimes being referred to herein individually as a “First Lien Term Loan Lender”.

First Lien Term Loan Lenders means those financial institutions and other lender parties to the First Lien Credit Agreement from time to time as “Term Loan Lenders” thereunder, each in their capacity as such.

First Lien Term Loan Lenders means the Persons holding First Lien Term Loan Obligations, including the First Lien Term Loan Agent, each First Lien Term Loan Hedge Bank and each First Lien Term Loan Cash Management Bank.