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 set forth in the preamble hereto.

Examples of Initial Lender in a sentence

  • Each Credit Party shall have obtained all consents and authorizations from Governmental Authorities and all consents of other Persons (including shareholder approvals, if applicable) that are necessary or advisable in connection with this Agreement, any Loan Document, any of the transactions contemplated hereby or thereby or the continuing operations of the Credit Parties and each of the foregoing shall be in full force and effect and in form and substance satisfactory to the Initial Lender.

  • The Borrower shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or at the option of the Initial Lender, the Required Lenders or the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

  • At least five (5) days prior to the Closing Date, the Borrower shall deliver to the Initial Lender a Beneficial Ownership Certification.

  • A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender (with a copy to the Administrative Agent if such Lender is not the Initial Lender), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error.

  • The Initial Lender shall have received customary resolutions or evidence of corporate authorization, secretary’s certificates and such other documents and certificates (including Organizational Documents and good standing certificates) as the Initial Lender may request relating to the organization, existence and good standing of each Credit Party and any other legal matters relating to the Credit Parties, the Loan Documents or the transactions contemplated thereby.


More Definitions of Initial Lender

Initial Lender has the meaning set forth in the introductory paragraph hereto.
Initial Lender means a Lender with an Initial Commitment or an outstanding Initial Loan.
Initial Lender has the meaning specified in the definition of “Lenders”.
Initial Lender has the meaning specified in the preamble to this Agreement.
Initial Lender means any Lender as of the date hereof.
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 Foothill or Ableco.