Examples of Senior Lien Lenders in a sentence
Pursuant to that certain Senior Lien Credit Agreement dated as of [●], 2016, among Holdings, the Borrower, the Senior Lien Lenders and the Initial Senior Lien Agent (the “Initial Senior Lien Credit Agreement”), the Initial Senior Lien Lenders have agreed to make certain loans to the Borrower.
Pursuant to that certain Senior Lien Credit Agreement dated as of the date hereof among Holdings, Mid-Holdings, the Borrower, the Senior Lien Lenders and the Initial Senior Lien Agent (the “Initial Senior Lien Credit Agreement”), the Senior Lien Lenders have agreed to make certain loans to the Borrower.
Senior Lien Agent represents and warrants to Junior Lien Agent that it has the requisite power and authority to enter into, execute, deliver, and carry out the terms of this Agreement on behalf of itself and the Senior Lien Lenders.
Anything in the Senior Lien Loan Documents to the contrary notwithstanding, Junior Lien Agent shall not amend, restate, waive, supplement, replace, refinance, extend, consolidate, restructure, or otherwise modify the Junior Lien Loan Documents in any manner whatsoever without the prior written consent of the Senior Lien Agent (acting upon the direction of the requisite Senior Lien Lenders).
In addition, nothing in this Agreement shall be deemed to affect, prejudice, modify or limit any of your agreements with the Senior Lien Administrative Agent or the Senior Xxxx Lenders, as applicable, under the Financing Agreement or the Intercreditor Agreement as to what rights and remedies you, the Senior Lien Administrative Agent or the Senior Lien Lenders may have, the order in which you or they may elect to exercise them or as to the conditions to their exercise.
Moreover, allowing the Senior Lien Lenders access to storage and preservation of collateral at no cost would “result in a windfall benefit to the secured creditor to the detriment of a third party.” In re So Good South Potato Chip Co., 116 B.R. 144, 146 (Bankr.
Senior Lien Agent, for and on behalf of itself and the Senior Lien Lenders, and Junior Lien Agent, for and on behalf of itself and the Junior Lien Lenders, have caused this Agreement to be duly executed and delivered as of the date first above written.
The Obligors acknowledge that the relationship between and among the Lender, on the one hand, and the Senior Lien Lenders, on the other hand, pursuant to the Intercreditor Agreement shall not be construed as giving rise to or constituting a joint venture, and the Lender and the Obligors agree that the Lender is not a partner or joint venturer with the Obligors or with any entity comprising the Obligors, in any manner whatsoever.
The Senior Lien Agent, the Senior Lien Lenders, the Junior Lien Agent and the Junior Lien Lenders acknowledge and agree that this Junior Liens Intercreditor Agreement is subject to the terms and provisions of the Intercreditor Agreement.
Internally, without other suitable transport infrastructure modes, roads connect Afghanistan’s provinces, cities, towns, and villages.