Examples of Minority Lenders in a sentence
If, however, the Minority Lenders (or any Lender, in the event of a proposed increase of the Borrowing Base) notify Administrative Agent within such 15 days of their disapproval, Administrative Agent and the Required Lenders (or all Lenders, in the event of a proposed increase of the Borrowing Base) shall agree on a new Borrowing Base.
Specifically, the Minority Lenders asserted that by reason of the pledge of stock of SNTLHC (the "SNTLHC Stock Pledge"), the Lender Group holds a first priority security interest in (a) any recovery under the FHS Litigation (the "FHS Recovery") and (b) payments by JPMC on the EON.
Foxton Village Hall meeting room hire x 2 - LGA 1972 s111 £28.453.
The Minority Lenders reasoned that their stock pledge must have value.
As mentioned, following the filing of the Initial Plan, the Minority Lenders asserted for the first time their contention that the Stock Pledges entitled the Lender Group to potentially the entirety of the FHS Recovery as well as all payments to the Litigation Trust in respect of the EON (as described below) as the "proceeds" of the Stock Pledge in respect of SNTLHC.