New Lender definition

New Lender as defined in Section 2.24(b).

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New Lender as defined in Section 2.1(c).

New Lender has the meaning given to that term in Clause 23 (Changes to the Lenders).

Examples of New Lender in a sentence

Upon consummation of the New Lender Equity Investment, additional warrants to purchase equity of the Borrower at a price per share equal to $0.46822 (the “Additional Warrants”) shall be issued to X3 sufficient to provide X3 with an aggregate of 18.0% of the outstanding equity of the Borrower on a fully-diluted basis which shall take into account, without limitation, the New Lender Equity Investment.
In connection with the New Lender Equity Investment, upon the New Lender’s request, such New Lender shall be issued warrants to purchase additional equity of the Borrower at a price per share equal to $0.40 (the “New Lender Warrants”) sufficient to provide the New Lender with an aggregate of 19.9% of the outstanding equity of the Borrower on a fully-diluted basis.

More Definitions of New Lender

New Lender has the meaning given to that term in Clause 24.1 (Assignments and transfers by the Lenders).

New Lender shall have the meaning set forth in Section 2.24(a) hereof.

New Lender has the meaning assigned to such term in Section 2.02(c).

New Lender has the meaning assigned to such term in Section 2.20.

New Lender has the meaning set forth in Section 2.18(a).

New Lender shall have the meaning assigned to such term in Section 2.19(c).

New Lender means a Person who has been assigned the rights or transferred the rights and obligations of an Existing Lender, as the case may be, pursuant to the provisions of Section 13.