Prior Lender definition

Prior Lender means a syndicate of lenders with a U.S. bank as a lender and as administrative agent for all of the lenders.

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Prior Lender means any Person (other than the Lender) that has held a Lien on a Contract to be included in the Borrowing Base.

Prior Lender means each lender and agent party to any agreement governing Prior Indebtedness.

Examples of Prior Lender in a sentence

In consideration and exchange for the assignment contained in the immediately preceding sentence, the New Lender shall transfer to the Prior Lender in immediately available funds an amount equal to the sum of the Existing Indebtedness and all accrued but unpaid interest as of the date hereof, which amount is set forth as the Aggregate Purchase Amount on Schedule I attached hereto.
By execution of this Agreement, the New Lender acknowledges that, except as expressly provided in Section 3(a) of this Agreement, no representation or warranty is being made by the Prior Lender in connection with this Agreement.
Agent shall have received payoff letters from the Prior Lenders, each in form and substance reasonably satisfactory to Agent, as to the Prior Lender Obligations.
This Agreement shall become effective upon (a) execution and delivery of this Agreement by each party hereto, (b) execution and delivery of each Amendment by each party thereto and (c) the receipt by the Prior Lender in immediately available funds of an amount equal to the Aggregate Purchase Amount set forth on Schedule I attached hereto.
Except as expressly provided in Section 3(a) of this Agreement, the Prior Lender assumes no responsibility, and makes no representation or warranty to the New Lender, with respect to the Loan Agreements or the Existing Indebtedness.

Prior Lender means collectively, each holder of all or any portion of the Prior Lender Obligations.

Prior Lender means any lender under the Prepetition Loan Agreements, or any holder of the Prior Lender Obligations.

Prior Lender means the holder of the Prior Lender Obligations.

Prior Lender as defined in “Existing Debt Release/Repayment.”

Prior Lender is defined in Section 3.1(e).

Prior Lender means Bank of America, N.A.

Prior Lender means, collectively the lenders and other creditors with respect to the Prior Indebtedness.