Senior Lenders definition

Senior Lenders means the financial institutions, banks, multilateral lending agencies, trusts, funds and agents or trustees of debenture holders, including their successors and assignees, who have agreed to guarantee or provide finance to the Developer under any of the Financing Agreements for meeting all or any part of the Total Project Cost and who hold parri passu charge on the assets, rights, title and interests of the Developer;
Senior Lenders means the holders of the Senior Debt.

Examples of Senior Lenders in a sentence

  • Notwithstanding anything to the contrary in Section 8.6 (Consultants) of the Common Terms Agreement, the Borrower shall appoint as any replacement Consultant prior to the Credit Agreement Discharge Date the Person designated by the Majority Senior Lenders (after consultation with the Borrower if no Event of Default exists).

  • The obligations of the Senior Lenders under this Section 14.13 shall survive the payment in full of the Obligations and the termination of this Agreement.

  • That means that other parties (including the Senior Lenders) must rely on the network of guarantees, bonds and direct agreements.

  • The Senior Lenders have satisfied themselves with this security in their own due diligence.

  • Each of the Senior Lenders agrees to notify the Borrower and the Administrative Agent promptly after any such setoff and application; provided, that the failure to give such notice shall not affect the validity of such setoff and application.


More Definitions of Senior Lenders

Senior Lenders means the Persons holding Senior Lender Claims, including the First Lien Agents.
Senior Lenders means the Senior Agent and the financial institutions party to the Senior Credit Agreement as Lenders (as therein defined).
Senior Lenders means the financial institutions, banks, multilateral lending agencies, trusts, funds and agents or trustees of debenture holders, including their successors and assignees, who have agreed to guarantee or provide finance to the Developer under any of the Financing Agreements for meeting all or any part of the Total Project Cost and who hold pari passu charge on the assets, rights, title and interests of the Developer;
Senior Lenders means the Lenders under the Senior Facilities Agreement.
Senior Lenders means any person, financial institutions, banks, funds and trustees for bond holders or debenture holders, who have provided loans for financing the Total Project Cost as evidenced in Financing Documents;
Senior Lenders means any holder of all or part of the Senior Debt, including the Senior Agent, and each of their respective affiliates, successors and assigns, and such Persons shall be referred to collectively as the “Senior Lenders”.
Senior Lenders has the meaning specified therefor in the Recitals hereto.