New Lenders definition

New Lenders has the meaning specified in Section 2.15(c).
New Lenders has the meaning set forth in Section 2.16(c).

Examples of New Lenders in a sentence

  • The New Lenders may include persons or entities who are already Lenders under this Purchase Agreement and each New Lender shall execute and deliver a signature page to this Purchase Agreement and the Note to the Company, becoming a party to, and bound by, this Agreement to the same extent as if the New Lender had been a Lender at the Initial Closing and each such New Lender shall be deemed to be a Lender for purposes under this Agreement as of the date of the applicable Additional Closing.

  • The Administrative Agent shall promptly notify the Borrower and the Lenders and the New Lenders, if any, of the final allocation of such increase or Incremental Term Loan and the Increase Effective Date.

  • If the Borrower shall not have arranged any Proposed New Lender(s) to commit to the shortfall from the Lender Increase Notices, then the Borrower shall be deemed to have reduced the amount of its Commitment Increase Notice to the aggregate amount set forth in the Lender Increase Notices.

  • If the Company shall not have arranged any Proposed New Lender(s) to commit to the shortfall from the Lender Increase Notices, then the Company shall be deemed to have reduced the amount of its Commitment Increase Notice to the aggregate amount set forth in the Lender Increase Notices.

  • In order to remedy the foregoing, on the effective date of each Commitment Increase, the Lenders (including any New Lenders) shall reallocate the Revolving Loans owed to them among themselves so that, after giving effect thereto, the Revolving Loans will be held by the Lenders (including any New Lenders) on a pro rata basis in accordance with their respective Revolving Commitment Ratios (after giving effect to such Commitment Increase).


More Definitions of New Lenders

New Lenders as defined in Section 4.1(b)(iii).
New Lenders has the meaning given to such term in Section 2.17(a).
New Lenders means the Lenders (other than Existing Lenders) party to this Agreement on the Agreement Date.
New Lenders means, collectively, the New ABL Lenders and the New Term Loan Lenders.
New Lenders has the meaning assigned to such term in the recitals to this Agreement.
New Lenders has the meaning set forth in the recitals.