New Lenders definition

New Lenders has the meaning set forth in Section 2.16(c).
New Lenders means one or more other financial institutions that are identified by the Borrower (with the assistance of the Agent, if requested) and that are acceptable to the Accepting Lenders, acting reasonably.
New Lenders has the meaning given to such term in Section 2.17(a).

Examples of New Lenders in a sentence

  • The Administrative Agent shall promptly notify the Borrower and the Lenders and the New Lenders providing such Incremental Facility of the final allocation of such increase and the Incremental Effective Date, which shall be a date not less than ten (10) Business Days after the date on which the notice to request such Incremental Facility is delivered to the Administrative Agent.


More Definitions of New Lenders

New Lenders as defined in Section 4.1(b)(iii).
New Lenders has the meaning specified in Section 2.14(d).
New Lenders means the Lenders (other than Existing Lenders) party to this Agreement on the Agreement Date.
New Lenders has the meaning set forth in the recitals.
New Lenders means, collectively, the New ABL Lenders and the New Term Loan Lenders.
New Lenders means (a) an Affiliate of a Lender; (b) an Approved Fund; and (c) any other Person (other than a natural person) approved by the Administrative Agent, the Issuing Bank, the Swing Line Lender and the Borrower (such approval not to be unreasonably withheld) that, immediately prior to its issuance of a Revolving Credit Commitment pursuant to Section 2.04 was not a Lender hereunder.
New Lenders means any two or more of such New Lenders. “Non-Defaulting Lender” means each Lender other than a Defaulting Lender, and “Non-Defaulting Lenders” means any two or more of such Lenders. “Non-Recourse Debt” means Debt that is nonrecourse to the Borrower or any asset of the Borrower. “Non-U.S. Lender” has the meaning set forth in Section 2.17(e). “Note” means a promissory note, substantially in the form of Exhibit B hereto, issued at the request of a Lender evidencing the obligation of the Borrower to repay outstanding Loans. “Notice of Borrowing” has the meaning set forth in Section 2.03. “Notice of Conversion/Continuation” has the meaning set forth in Section 2.06(d)(ii). “NYFRB” means the Federal Reserve Bank of New York. “Obligations” means: (i) all principal of and interest (including, without limitation, any interest which accrues after the commencement of any case, proceeding or other action relating to the bankruptcy, insolvency or reorganization of the Borrower, whether or not allowed or allowable as a claim in any such proceeding) on any Loan, fees payable or any Note issued pursuant to, this Agreement or any other Loan Document; (ii) all other amounts now or hereafter payable by the Borrower and all other obligations or liabilities now existing or hereafter arising or incurred (including, without limitation, any amounts which accrue after the commencement of any case, proceeding or other action relating to the bankruptcy, insolvency or reorganization of the Borrower, whether or not allowed or allowable as a claim in any such proceeding) on the part of the Borrower pursuant to this Agreement or any other Loan Document; (iii) all expenses of the Agents as to which such Agents have a right to reimbursement under Section 9.03(a) hereof or under any other similar provision of any other Loan Document; (iv) all amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement under Section 9.03 hereof or under any other similar provision of any other Loan Document; and