SCP Lenders definition

SCP Lenders means each of the several financial institutions from time to time party to the SCP Credit Agreement.
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Examples of SCP Lenders in a sentence

  • All distributions on account of Allowed Claims of (1) holders of the 2019 Notes shall be made to the Indenture Trustee for further distribution to the holders of such notes of record as of 4:00 p.m., prevailing Eastern Time on the Distribution Record Date and (2) the SCP Lenders shall be made to the SCP Agent for further distribution to the SCP Lenders.

  • The ABL Lenders hold these amounts in constructive trust for the benefit of the SCP Lenders.

  • Inmate/sdp/tcc and visitor(s) will not be allowed to leave the visiting room during major counts or inmate accountability checks.

  • It is also possible that code-bidding may reappear even in the JAMO.

  • Given RadioShack’s tenuous financial condition, the SCP Lenders carefully negotiated the agreements governing their loan – including the Intercreditor Agreement – to include specific provisions to protect their investments and maximize their ability to recover all of the amounts they loaned.

  • On or about December 10, 2013, Salus Capital Partners, LLC, Salus CLO 2012-1, Ltd., Cerberus Levered Loan Opportunities Fund II, LP, Cerberus NJ Credit Opportunities Fund, L.P. and Cerberus ASRS Holdings LLC (collectively, the "SCP Lenders") entered into a credit agreement with RadioShack (the “SCP Credit Agreement”).

  • The SCP Lenders relied on each of the terms of the related agreements in connection with their agreement to provide the SCP Term Loan.

  • Furthermore, it would be better if the teachers would help the children that have a harder time understanding or are “lost” because the learning problems have started many years before.

  • But that is not how the term was defined on December 10, 2013 – the relevant date for these purposes – and, more importantly, that is not what the SCP Lenders bargained for when they agreed to permit only true revolving asset-based loans to come ahead of the SCP Lenders' liens on RadioShack’s Liquid Collateral.

  • Since the First Amendment closing date, approximately $129 million of the Term Out Loans have been repaid to the ABL Lenders contrary to the terms of the Intercreditor Agreement, and with respect to which the SCP Lenders hold senior secured claims under the Intercreditor Agreement.

Related to SCP Lenders

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

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

  • 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.

  • 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.

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

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

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

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

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

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

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

  • DIP Lender means a lender under the DIP Facility.

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

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

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • 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.

  • 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.

  • Minority Lenders has the meaning provided in SECTION 9.02(c).

  • Extending Lenders has the meaning specified in Section 2.08.

  • U.S. Lenders means the financial institutions listed on the signature pages of the U.S. Credit Agreement and their respective successors and assigns.

  • 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.