Examples of Senior Facility Lenders in a sentence
In conjunction therewith, the Borrower, KfW, JBIC, the Lead JBIC Arrangers, the Commercial Banks and the Administrative Agent are entering into a master participation agreement (the "Master Participation Agreement"), containing certain representations, covenants, undertakings and security for the common benefit of the Senior Facility Lenders providing the Senior Facility Loans (as defined in the Master Participation Agreement).
Subject to Clause 3.8 (Permitted Enforcement: Ancillary Lenders) and Clause 3.9 (Permitted Enforcement: Super Senior Facility Lenders), prior to the Senior Discharge Date, none of the Super Senior Facility Lenders shall be entitled to take any Enforcement Action in respect of any of the Super Senior Liabilities owed to it (unless at the time for any reason the only outstanding Senior Liabilities are Super Senior Liabilities).
To fully implement the privilege established by this Act, the term “environmental or health and safety law” shall be construed broadly.
The Global Coordinator shall coordinate globally the lending arrangements among the Senior Facility Lenders.
The Borrower shall pay the Senior Facility Lenders for the reasonable fees and expenses of the Insurance Consultant appointed to advise the Senior Facility Lenders with respect to (i) the issuance of the report contemplated in Section 5.01(j) and (ii) the issuance of a report confirming the insurance coverage (including reinsurance coverage) obtained by the Borrower complies with the requirements of Article VIII at the time of achievement of Full Completion or satisfaction of Partial Completion.
Each Lender agrees that in becoming a Lender hereunder (i) it is joined as a party to and bound for all purposes by the terms of the Collateral Agency Agreement applicable to the Senior Facility Lenders (as defined therein); and (ii) it hereby acknowledges and consents for all purposes to the terms of the Intercreditor Agreement applicable to the Senior Facility Lenders (as defined therein) and the Obligations in connection herewith.
Each Senior Facility Loan Agreement shall contemplate that for the period from the date hereof to and including the Availability Period End Date, the Borrower shall pay to the Senior Facility Lenders that are parties to such Senior Facility Loan Agreement a commitment fee which shall start accruing on the date hereof and shall be payable in accordance with the terms of the applicable Senior Facility Loan Agreement.
Subject to Section 3.04, the Borrower shall have the right to prepay the Outstanding Advance Amount of the Senior Facility Lenders, so long as the aggregate amount of any such prepayment equals at least US$10 million and subject to payment of the premium set forth in the relevant Senior Loan Document, if any, in whole or in part on any Payment Date upon at least 60 days' prior notice.
Under the circumstances, the Bankruptcy Court finds that, based on the consent of the Senior Facility Lenders and the DVB Lenders, the foregoing adequate protection is reasonable and sufficient to adequately protect the interests of the Prepetition Secured Parties based upon the usage of collateral as provided herein.
This Agreement and the other Financing Documents constitute the entire agreement and understanding, and supersede all prior agreements and understandings (both written and oral), between the Borrower and the Senior Facility Lenders with respect to the financing by the Senior Facility Lenders of the Sulfide Project and there are no warranties, representations or other agreements between such parties in connection with the subject matter hereof except as specifically set forth herein and therein.