Supporting Lenders definition

Supporting Lenders means those Prepetition Lenders party to the Restructuring Support Agreement.
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Supporting Lenders means the Bank Group members that are signatories to the Plan Support Agreement.
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Supporting Lenders means the Revolving Facility Lenders that are signatories to the Restructuring Support Agreement and remain bound by its terms.
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Examples of Supporting Lenders in a sentence

  • On and after the Effective Date, Reorganized Melinta Therapeutics will be a private company, and the governance of the Reorganized Debtors, and all documents or agreements relating thereto, shall be determined by the Supporting Lenders in their sole discretion and described and included in the Plan Supplement.

  • If a bidder other than the Supporting Lenders is the Successful Bidder, the Holder’s Pro Rata Share of any Distributable Cash remaining after all Allowed Secured Prepetition Credit Agreement Claims have been paid in full in cash.

  • On the Supporting Lender Transaction Effective Date, the Initial GUC Trust Funding Amount will be transferred by the Debtors or the Supporting Lenders on behalf of the Reorganized Debtors to the GUC Trust.

  • Unless otherwise agreed to in writing by the Required Supporting Lenders, as applicable, to the extent of their consent rights as provided in the Sale and Plan Support Agreement or this Plan, the Debtors shall not have submitted any amendment, modification, or filing seeking to amend or modify this Plan, the Disclosure Statement, or any documents, motions, or orders related to the foregoing.

  • The Confirmation Order shall be a Final Order in form and substance acceptable to the Debtors, the First Lien Agent, the Required Supporting Lenders, and the Plan Administrator, each in their respective sole discretion.

  • The agreements, representations, and obligations of the Supporting Lenders under this Agreement are, in all respects, several and not joint.

  • The Plan and all documents contemplated thereby, including any amendments, modifications, or supplements thereto, shall be acceptable to the Debtors, the First Lien Agent, and the Required Supporting Lenders, as applicable, to the extent of their consent rights as provided in the Plan, and pursuant to the terms of, and in accordance with, the Sale and Plan Support Agreement.

  • In exercising the rights specified in the foregoing sentence, the Company and the Supporting Lenders shall act reasonably and as promptly as practicable.

  • A Confirmation Order shall have been entered by the Bankruptcy Court, in form and substance acceptable to the Debtors, the First Lien Agent, and the Required Supporting Lenders.

  • The Company shall have delivered to the Supporting Lenders a certificate duly executed by an executive officer of the Company certifying to the effect that the conditions set forth in Section 8.3(a) and Section 8.3(b) have been satisfied.


More Definitions of Supporting Lenders

Supporting Lenders. “Supporting Lenders” means, collectively, Xxxxx Brothers, LLC (“Xxxxx”) and Equify Financial, LLC (“Equify”), in their capacity as lenders under the Credit Agreement (as defined below). Prepetition Debt An amount of no less than $65 million in principal plus any fees, expenses, and other amounts arising pursuant to the terms of the Credit Agreement and any documents or agreements related thereto1 (the “Prepetition Debt”).
Sample 1
Supporting Lenders means, collectively, the Supporting Dex East Lenders, the Supporting Dex West Lenders, the Supporting RHDI Lenders, and the Supporting SuperMedia Lenders.
Sample 1
Supporting Lenders means the Second Lien Lenders party to the Plan Support Agreement.
Sample 1

Related to Supporting Lenders

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

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

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

  • 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.

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

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

  • 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.

  • 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.

  • Extending Lenders has the meaning specified in Section 2.08.

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

  • 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.

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

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

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

  • Increasing Lenders shall have the meaning given to that term in Section 2.01(b)(i).

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • 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.

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

  • Continuing Lenders as defined in the recitals hereto.

  • Canadian Lenders means the Lenders having Canadian Commitments from time to time or at any time. Any Person may be a Canadian Lender only if it is a financial institution that is listed on Schedule I, II or III of the Bank Act (Canada) or is not a foreign bank for purposes of the Bank Act (Canada), and if such financial institution is not resident in Canada and is not deemed to be resident in Canada for purposes of the Income Tax Act (Canada), then such financial institution deals at arm’s length with each Canadian Loan Party for purposes of the Income Tax Act (Canada).

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • New Revolving Lender as defined in Section 2.24.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.