Initial Lenders definition

Initial Lenders has the meaning specified in the recital of parties to this Agreement.

Initial Lenders has the meaning specified in the first paragraph of this Agreement.

Initial Lenders means the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the Initial Lenders.

Examples of Initial Lenders in a sentence

• Receipt by the Agents and the Initial Lenders of executed counterparts of this Agreement, properly executed by a Responsible Officer of the Borrower and by the Administrative Agent, Collateral Agent and each Initial Lender.

• Receipt by the Agents and the Initial Lenders of favorable opinions of Xxxxxx, Xxxxxxxxxx & Xxxxxxxxx LLP in form and substance reasonably satisfactory to the Required Lenders and their legal counsel and covering such matters incident to the transactions contemplated by this Agreement and the other Loan Documents as the Administrative Agent and the Required Lenders may reasonably require, addressed to the Administrative Agent, the Collateral Agent and each Initial Lender.

• The Administrative Agent and the Initial Lenders shall have received a Borrowing Request in accordance with the requirements hereof.

• The Initial Commitment of each Initial Lender to fund the Initial Loans shall expire upon the funding by the Initial Lenders of the Initial Loans on the Closing Date.

• Receipt by the Administrative Agent and the Initial Lenders of a certificate of a Responsible Officer of the Borrower, in form and substance reasonably satisfactory to the Required Lenders, certifying compliance with the conditions precedent set forth in Sections 4.01(o), (s), (t) and (u).

More Definitions of Initial Lenders

Initial Lenders has the meaning specified in the preamble hereto.

Initial Lenders means the Arrangers and the affiliates of the Arrangers who are party to this Agreement as Lenders on the Closing Date.

Initial Lenders has the meaning given to such term in the introductory paragraph hereof.

Initial Lenders each has the meaning specified in the recital of parties to this Agreement.

Initial Lenders means the Lenders holding the Commitments or Loans on the Closing Date, as set forth on the Closing Date Facilities Schedule (as defined in the Original Credit Agreement).

Initial Lenders means the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the Initial Lenders; provided that any such bank, financial institution or other institutional lender shall cease to be an Initial Lender on any date on which it ceases to have a Commitment.

Initial Lenders has the meaning specified in the preamble to this Agreement.