Initial Loan Parties definition

Initial Loan Parties means the Company, the Subsidiary Borrower and each Subsidiary Guarantor as of the Restatement Effective Date.
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Initial Loan Parties means the Company and each Subsidiary Guarantor as of the Closing Date.
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Initial Loan Parties is defined in Section 5.1(ii)(1) hereof.
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Examples of Initial Loan Parties in a sentence

  • Upon execution and delivery hereof, this Agreement shall constitute the legal, valid and binding obligations of each of the Initial Loan Parties, enforceable against each of the Initial Loan Parties in accordance with its terms.

  • Each of the Initial Loan Parties has all requisite power and authority to enter into this Agreement and to make the assignments and delegations provided for herein.

  • Annex I Initial Loan Parties NAME JURISDICTION OF ORGANIZATION STATUS UNDER LOAN DOCUMENTS Xxxxxxx Xxxx (USA), Inc.

  • The provisions of this Section 1 (including subsections 1.1 – 1.4 hereof) and the remainder of this Agreement shall inure to the Bank and also run in favor of and inure to the maximum extent permitted by law to intended (and not incidental) third-party beneficiaries, which the Initial Loan Parties and Individual Guarantors agree shall include, without limitation, the Released Parties.

  • The Initial Loan Parties shall cause each Person that becomes a Loan Party after the date hereof to become a party to this Agreement by execution and delivery by such Person of a Joinder Agreement in the form of Annex 1 hereto.

  • Certificates of Insurance listing the Administrative Agent as (x) lender loss payee for the property, casualty and business interruption insurance policies of the Initial Loan Parties, together with long-form lender loss payable endorsements, as appropriate, and (y) additional insured with respect to the liability insurance of the Loan Parties, together with additional insured endorsements.

  • On May 15, 2002, Lender and the Initial Loan Parties entered into a certain Loan and Security Agreement (which, as previously amended by certain Joinder Agreements (the "Joinders") is hereinafter referred to as the "Loan Agreement") to reflect certain financing arrangements between the parties thereto.

  • Confirmatory Grant of Security Interest in United States Patents made by certain Initial Loan Parties in favor of the Administrative Agent.

  • The Initial Loan Parties acknowledge that the Existing Loans are currently in default with respect to certain nonmonetary covenants contained in the Existing Loan Documents.

  • Confirmatory Grant of Security Interest in Canadian Intellectual Property made by certain Initial Loan Parties in favor of the Applicable Agent.


More Definitions of Initial Loan Parties

Initial Loan Parties means the Company, the Initial Subsidiary Borrower and each Subsidiary Guarantor as of the Closing Date.
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Initial Loan Parties means each of the Borrowers and the other Persons set forth on Schedule 1.1(G).
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Initial Loan Parties means the Borrower and the Initial Guarantors.
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Initial Loan Parties means the Company, the Subsidiary Borrower and each Subsidiary Guarantor as of the Closing Date. “Initial Mortgaged Properties” means the parcels of real Property of the Company and the Domestic Subsidiary Guarantors set forth on Schedule 1.1.2 to this Agreement. “Intellectual Property Security Agreements” means the intellectual property security agreements as the Company or any Domestic Subsidiary Guarantor may from time to time make in favor of the Administrative Agent for the benefit of the Holders of Secured Obligations, in each case as the same may be amended, restated, supplemented or otherwise modified from time to time. “Intercompany Indebtedness” means, with respect to any Borrower or Subsidiary Guarantor, any and all claims of such Borrower or Subsidiary Guarantor against any other Borrower or Subsidiary Guarantor or any other endorser, obligor or any other guarantor of all or any part of the Obligations, or against any of its properties, including, without limitation, claims arising from liens or security interests upon property with respect to any such claim owing to such Borrower or Subsidiary Guarantor. “Interest Expense” means, with respect to any period, the aggregate of all interest expense reported by the Company and its Subsidiaries in accordance with Agreement Accounting Principles during such period, net of any interest income received by the Company and its Subsidiaries during such period from Investments, but excluding, to the extent constituting interest expense, Receivables Facility Financing Costs for such period. As used in this definition, the term “interest” shall include, without limitation, all interest, fees and costs payable with respect to the obligations under this Agreement (other than fees and costs which may be capitalized as transaction costs in accordance with Agreement Accounting Principles) and the interest portion of Capitalized Lease payments during such period, all as determined in accordance with Agreement Accounting Principles. “Interest Period” means, with respect to any Eurocurrency Rate Advance:
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Initial Loan Parties means, collectively, the Borrower, 0985472 B.C. Ltd., Klondex Buyer and Klondex Gold & Silver Mining Company.
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Related to Initial Loan Parties

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • Domestic Loan Parties means the Domestic Guarantors.

  • U.S. Loan Parties means, collectively, the Parent Borrower and the U.S. Subsidiary Guarantors.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

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

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

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

  • Initial Loan is defined in Section 2.1.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Original Loan Documents means the "Loan Documents" as defined in the Original Credit Agreement.

  • Credit Parties means the Borrower and the Guarantors.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • UK Loan Party and “UK Loan Parties” shall mean any Loan Party or Loan Parties organized or existing under the laws of the United Kingdom, including of England and Wales or Scotland.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Commitment Parties means the “Commitment Parties” as defined in the Commitment Letter.

  • Canadian Secured Parties means, collectively, the Administrative Agent, the Revolving Credit Lenders, the Canadian Hedge Banks, the Canadian Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 11.5, any other holder from time to time of any Canadian Secured Obligations and, in each case, their respective successors and permitted assigns.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Borrower Parties means the collective reference to the Borrower and the Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.