Principal Lender definition

Principal Lender means Zurich Insurance Company.
View Source
Principal Lender means, at any date, the lender which, at such date, provides the Company's principal banking credit facility.
View Source
Principal Lender has the meaning given to it in Clause 29.7(a) (Affiliates of Lenders).
View Source

Examples of Principal Lender in a sentence

  • The Company will not Incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is pari passu in right of payment to this Debenture, other than 8.5% convertible subordinated debentures due 2006 (subject to a call to redeem after three years) to be issued by the Company and sold to the Principal Lender, in aggregate principal amount not to exceed Cdn$42.5 million.

  • If any Mortgage is a deed of trust, (a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b) no fees or expenses are payable to such trustee by Principal, Lender or any transferee thereof except in connection with a trustee’s sale after default by the related borrower or in connection with any full or partial release of the related Property or related security for the related Investment.

  • If any Mortgage is a deed of trust, (a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b) no fees or expenses are payable to such trustee by Principal, Lender or any transferee thereof except in connection with a trustee's sale after default by the related borrower or in connection with any full or partial release of the related Property or related security for the related Investment.

  • In addition, at any time and without the consent of Borrower or any Principal, Lender may securitize the Loan.

  • TACONIC CAPITAL PARTNERS 1.5 L.P. By: Taconic Capital Advisors L.P. By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Principal Lender Signature Page for the American Capital, Ltd.

  • The Principal Lender shall remain responsible for its Commitment.

  • In respect of any Principal Lender, any person so identified by the Principal Lender in accordance with this paragraph (a) shall be an Affiliated Lender.

  • So long as any Senior Indebtedness (including any letter of credit or lender guarantee) is outstanding or there is a commitment to lend any Senior Indebtedness (including any commitment under the Senior Debt Documents) the terms of the Debentures may be amended only with the consent of the Principal Lender, if any.

  • Principal Lender Borrower(s) Amount1 Covanta Holding $82,370,000 Corporation Covanta Haverhill Associates Covanta Holding $165,010,000 Corporation Covanta Niagara, L.P. Covanta Energy LLC Covanta Burnaby Renewable Energy, ULC $10,536,324 Covanta Europe Holdings €106,500,000 Sarl Covanta Energy LLC Covanta Caribbean SRL Covanta Luxembourg Sarl €319,394,388 Covanta Energy LLC Covanta Energy Limited £4,493,880 Covanta Durham York $1,830,000.00 Renewable Energy Limited Partnership Sorinco Inc.

  • Within five business days following the date the Loan is advanced under subsection 1.1, Borrower shall issue Lender a warrant to purchase one share of the Borrower's common stock for each dollar of Principal Lender advanced Borrower under the Loan (the "WARRANTS").