Term Lenders definition
Examples of Term Lenders in a sentence
This Agreement is a Facility Agreement and a Senior Debt Instrument, the Term Lenders, Working Capital Lenders and Issuing Banks in this Agreement are Senior Creditors and the Credit Facility Agent is the Senior Creditor Group Representative of the Term Lenders, the Working Capital Lenders and the Issuing Banks, in each case under the Finance Documents.
Each Term Loan shall be made as part of a Term Borrowing consisting of Term Loans made by the Term Lenders in an amount equal to each Term Lender’s Term Commitment.
Neither the Credit Facility Agent nor the Term Lenders are under any obligation hereunder to inquire into or verify the application of any Term Loan but this does not affect or limit the Obligors’ obligations hereunder or under the Common Terms Agreement.
The terms, provisions and documentation of any Incremental Term Loans and Incremental Term Commitments of any Class shall be as agreed between the Borrower and the applicable Incremental Term Lenders providing such Incremental Term Commitments, except as otherwise set forth herein.
The terms, provisions and documentation of the Term Loans and Term Commitments of any Class shall be as agreed between the Borrower and the applicable Term Lenders providing such Term Commitments.