Initial Lender definition

Initial Lender has the meaning specified in the recital of parties to this Agreement.
Initial Lender means Treasury or its designees (but, for the avoidance of doubt, excluding any assignee of the Loans).
Initial Lender has the meaning specified in the definition ofLenders”.

Examples of Initial Lender in a sentence

  • Effective as of the Agreement Date, all promissory notes made in favor of the Initial Lender evidencing the Loans shall be deemed to have been made in favor of the Administrative Agent, for the ratable benefit of the Lenders, and each reference to the Initial Lender in any such promissory note shall instead be deemed to be a reference to the Administrative Agent, acting for the ratable benefit of the Lenders.


More Definitions of Initial Lender

Initial Lender means a Lender with an Initial Commitment or an outstanding Initial Loan.
Initial Lender means Citibank, N.A.
Initial Lender means Foothill or Ableco.
Initial Lender means any Lender as of the date hereof.
Initial Lender has the meaning specified in the preamble to this Agreement.
Initial Lender means each Person that is a party hereto on the date hereof and that is set forth on Schedule I hereto.
Initial Lender means the Person specified as such in the Transaction Summary. “IRS” means the United States Internal Revenue Service.