Leverage Lender definition

Leverage Lender has the meaning set forth in the Recitals.
Leverage Lender shall have the meaning set forth in the Recitals. “Loan” shall have the meaning set forth in the Recitals. “Loan Documents” shall mean this Agreement, the Note, the Control Agreement, the Pledge Agreement, the Environmental Indemnity, the Guaranty, the Community Benefits Agreement, the Reimbursement and Certification Agreement, and all other documents, instruments and agreements which evidence, secure or are otherwise executed in connection with the Loan, including all amendments, modifications, renewals, extensions, restatements and replacements thereof. “Loan Proceeds” shall mean the proceeds of the Loan. “Low-Income Community” shall mean any population census tract if (a) the poverty rate for such tract is at least twenty percent (20%), (b) (i) in the case of a tract not located within a metropolitan area, the median family income for such tract does not exceed eighty percent (80%) of the statewide median family income, or (ii) in the case of a tract located within a metropolitan area, the median family income for such tract does not exceed eighty percent (80%) of the greater of statewide median family income or the metropolitan area median family income, (c) such tract has a population of less than two thousand (2,000), is within an “empowerment zone” as defined in Section 1391 of the Code the designation of which is in effect under Section 1391 and is contiguous to one or more low-income communities (as defined under clause (a) or (b) of this definition), or (d) certain targeted populations as defined by guidance or regulations issued 9 DM3\22069542.7 pursuant to Section 45D(e)(2). Terms used in this definition and not otherwise defined shall have the meaning given in Section 45D(e) of the Code. “New Markets Tax Credit” shall have the meaning set forth in the Recitals. “NJCC Reserve Account” shall mean that certain bank account number 3422648608 in the name of ▇▇▇▇▇▇▇▇ held at Depository Bank and pledged to Lender. “NMTC Control” shall mean the direct or indirect ownership (based on value) or control (based on voting or “management rights”) of more than fifty percent (50%) of an entity. For this purpose, the term “management rights” shall mean the power to influence the management policies or investment decisions of the entity. “NMTC Recapture Event” shall mean recapture or disallowance of any New Markets Tax Credits attributable to the QEI made by the Investment Fund in a Lender, the proceeds of which were or will be used to fund a QLICI or related f...
Leverage Lender means Dunkirk Leverage Loan Partners LLC, a Delaware limited liability company.

Examples of Leverage Lender in a sentence

  • Except to the extent the Leverage Lender is entitled to notice or consent to modifications of the CDE Agreement and the Fund Agreement, the Indemnitors hereby waive notice of the acceptance of this Agreement and of the extension or modification of the CDE Agreement, the Fund Agreement, or any part thereof.

  • On or about the date hereof Leverage Lender is making a loan in an amount equal to $6,646,000 to the Fund (the “Leverage Loan”).

  • Section 7.12(a) of the Credit Agreement is hereby amended to add the following new sentence to the end thereof: Notwithstanding the foregoing or anything to the contrary contained in this Agreement, effective as of the date of formation thereof, Universal may form Leverage Lender, and Leverage Lender shall not be required to join as a Borrower or a Guarantor pursuant to the provisions of this Section 7.12.

  • Article VII of the Credit Agreement is hereby amended by deleting the reference set forth in the lead-in (or first (1st ) sentence) therein to "Loan Party" and in its stead inserting a reference to "Loan Party or Leverage Lender".

  • All certifications, representations and warranties of Borrower, MHG and Leverage Lender set forth in the Reimbursement Certification and Compliance Agreement are incorporated herein by this reference.


More Definitions of Leverage Lender

Leverage Lender means Danimer Holdings.
Leverage Lender shall have the meaning set forth in the recitals to this Guaranty. “Leverage Loan” shall have the meaning set forth in the recitals to this Guaranty.
Leverage Lender means the lender of funds under a Leverage Credit Facility, which may be a third-party lender or an Affiliate of the Company.