Preferred Lenders definition

Preferred Lenders means collectively (without duplicating), the Holders in accordance with the Indenture, together with its beneficiaries or assignees hereby represented by the Collateral Agent.
Sample 1Sample 2
Preferred Lenders means collectively (without duplicating), the Holders in accordance with the Indenture, together with its beneficiaries or assignees hereby represented by the Collateral Agent. “Recognized Lenders” means respect to any Person, the lenders recognized in the credit recognition, graduation and preference resolution issued by the corresponding District judge in terms of the IL regarding an Insolvency Proceeding of any Counterparty.
Sample 1

Examples of Preferred Lenders in a sentence

  • SUBPART BSECTION 7(A) BUSINESS LOAN PROGRAMS PURPOSE OF THIS SUBPARTThis subpart contains the policies and procedures governing 7(a) business loan programs including standard 7(a), the Certified Lenders Program, the Preferred Lenders Program, SBA Express and the Agency’s Pilot Loan Programs.

  • IN GENERAL.—The maximum interest rate for a loan guaranteed under the Preferred Lenders Program shall not exceed the maximum interest rate, as deter- mined by the Administration, applicable to other loans guaranteed under this subsection.

  • If Buyer secures financing from a lender other than one of Seller’s Preferred Lenders, in the approval letter, the lender must include the following: They have reviewed the credit, income documents, asset documents and both the borrower and the property are approved.

  • In consideration of Buyer’s acceptance of Seller incentives, Buyer shall timely apply exclusively to one of Seller’s Preferred Lenders to secure financing, and if qualified, shall use the loan to close on the purchase of the Property.

  • EXPORT-IMPORT BANK LENDERS.—Any lender that is participating in the Delegated Authority Lender Program of the Export-Import Bank of the United States (or any successor to the Program) shall be eligi- ble to participate in the Preferred Lenders Program.

  • In addition to the Preferred Lenders Program author- ized by the proviso in section 5(b)(7), the Administration is au- thorized to establish a Certified Lenders Program for lenders who establish their knowledge of Administration laws and reg- ulations concerning the guaranteed loan program and their proficiency in program requirements.

  • Buyer agrees that if they select a lender other than one of the Seller’s Preferred Lenders and fail to close the loan on time through no fault of the Builder, the Buyer shall pay Builder a daily extension fee of $350.00 for each day of delay past the scheduled closing date.

  • The selection decisions made by Hutchinson Regional Medical Center, Inc.

  • If the Purchase Agreement is subject to Buyer’s securing financing for purchase of the Property, prior to Seller signing Purchase Agreement , Buyer shall contact one of the Seller’s Preferred Lenders (sales agent to provide buyer with the list) to ascertain whether the Buyer will pre-qualify for financing.

  • The LTT sends the lender a Supplemental Guaranty Agreement, Preferred Lenders Program (SBA Form 1347) signed by the appropriate SBA official.

Related to Preferred Lenders

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Majority Revolving Lenders at any time, (a) if only one Revolving Lender holds the Total Revolving Commitments at such time, such Revolving Lender, both before and after the termination of such Revolving Commitment; and (b) if more than one Revolving Lender holds the Total Revolving Commitment, at least two Revolving Lenders who hold more than 50% of the Total Revolving Commitments (including, without duplication, the L/C Commitments) or, at any time after the termination of the Revolving Commitments when such Revolving Commitments were held by more than one Revolving Lender, at least two Revolving Lenders who hold more than 50% of the Total Revolving Extensions of Credit then outstanding (including, without duplication, any L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time)); provided that the Revolving Commitments of, and the portion of the Revolving Loans and participations in L/C Exposure and Swingline Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Required Lenders means, at any time, Lenders having Revolving Credit Exposures and unused Commitments representing more than 50% of the sum of the total Revolving Credit Exposures and unused Commitments at such time.

  • DIP Lender means a lender under the DIP Facility.

  • Consenting Lenders has the meaning set forth in Section 2.21(b).

  • Majority Revolving Credit Lenders means Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • Requisite Lenders means Lenders having (a) more than 50% of the Commitments of all Lenders, or (b) if the Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Loans.

  • Supermajority Lenders means, at any time, Lenders having Credit Exposure and unused Commitments representing at least 66 2/3% of the sum of the total Credit Exposure and unused Commitments at such time.

  • Tranche B Lenders means First Union National Bank and shall include the several banks and other financial institutions from time to time party to the Credit Agreement that commit to make the Tranche B Loans.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Requisite Class Lenders means, at any time of determination (i) for the Class of Lenders having Revolving Loan Exposure, Lenders having or holding more than 50% of the aggregate Revolving Loan Exposure of all Lenders, and (ii) for the Class of Lenders having Term Loan Exposure, Lenders having or holding more than 50% of the aggregate Term Loan Exposure of all Lenders.

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

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

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.