Term Lender definition

Term Lender means a Lender with a Term Commitment or an outstanding Term Loan.

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Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

Term Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term Loans at such time.

Examples of Term Lender in a sentence

Notwithstanding anything to the contrary contained in this Section 8, each Released Party understands, acknowledges and agrees that each 2026 Extending Term Lender (on its behalf or on behalf of its Related Parties) releases and forever discharges the Loan Party Releasees solely in such 2026 Extending T▇▇▇ ▇▇▇▇▇▇’s capacity as a Lender and not in its individual capacity as an investor or holder of any other claim against or interest in the Loan Parties, or in any other capacity.
Each relevant Term Lender’s Discount Range Prepayment Offer shall be irrevocable and shall specify a discount to par within the Discount Range (the “Submitted Discount”) at which such Term Lender is willing to allow prepayment of any or all of its then outstanding Term Loans of the applicable tranche or tranches and the maximum aggregate principal amount and tranches of such Lender’s Term Loans (the “Submitted Amount”) such Lender is willing to have prepaid at the Submitted Discount.
The Auction Agent will promptly provide each relevant Term Lender with a copy of such Discount Range Prepayment Notice and a form of the Discount Range Prepayment Offer to be submitted by a responding relevant Term Lender to the Auction Agent (or its delegate) by no later than 5:00 p.m., New York City time, on the third Business Day after the date of delivery of such notice to the relevant Term Lenders (the “Discount Range Prepayment Response Date”).
Any Term Lender whose Specified Discount Prepayment Response is not received by the Auction Agent by the Specified Discount Prepayment Response Date shall be deemed to have declined to accept the applicable Borrower Offer of Specified Discount Prepayment.
The Auction Agent will promptly provide each relevant Term Lender with a copy of such Specified Discount Prepayment Notice and a form of the Specified Discount Prepayment Response to be completed and returned by each such Lender to the Auction Agent (or its delegate) by no later than 5:00 p.m., New York City time, on the third Business Day after the date of delivery of such notice to the relevant Term Lenders (the “Specified Discount Prepayment Response Date”).

More Definitions of Term Lender

Term Lender each Lender that has a Term Commitment or that holds a Term Loan.

Term Lender means, as of any date of determination, each Lender having a Term Loan Commitment or that holds Term Loans.

Term Lender means each Lender having a Term Loan Commitment or, as the case may be, an outstanding Term Loan.

Term Lender means, at any time, any Lender that has a Term Loan at such time.

Term Lender means any Lender that has a Term Commitment.

Term Lender means, as of any date of determination, each Lender that holds Term Loan Commitments or Term Loans.

Term Lender means any Initial Term Lender and any Additional Term Lender.