Term Loan C Lenders means those financial institutions who are Term Loan C Lenders (as defined in the Senior Loan Agreement) who are also party to the Credit Agreement dated as of October 31, 2000, among the Borrowers (as defined therein), The Chase Manhattan Bank as administrative agent and the financial institution from time to time party thereto (as amended, modified, or supplemented from time to time).
Examples of Term Loan C Lenders in a sentence
Subject to the terms and conditions hereof, the Term Loan C Lenders severally agree to make term loans (each, a Term Loan C) to the Borrower on the Closing Date in an amount for each Lender equal the amount of the Term Loan C Commitment of such Lender.
Each of GE Capital and Morgan Stanley and its respective Affiliates may accept fees and other consideration from any Credit Party for services in connection with this Agreement or otherwise without having to account for the same to Lenders or Term Loan C Lenders.
Furthermore, no amendment, modification, termination or waiver affecting the rights or duties of any Agent or L/C Issuer under this Agreement or any other Loan Document shall be effective unless in writing and signed by such Agent or L/C Issuer, as the case may be, in addition to Lenders or Term Loan C Lenders required hereinabove to take such action.
Agent shall, promptly following its receipt of any payment or prepayment of the Term Loans C, distribute to each Term Loan C Lender its pro rata share (based upon the principal amounts outstanding) of all amounts received by Agent pursuant to this Section 2.3A for each such Term Loan C Lender's respective account.
If no successor Term Loan C Agent has been appointed pursuant to the foregoing, within thirty (30) days after the date such notice of resignation was given by the resigning Term Loan C Agent, such resignation shall become effective and the Requisite Term Loan C Lenders shall thereafter perform all the duties of such Term Loan C Agent hereunder until such time, if any, as the Requisite Term Loan C Lenders appoint a successor Term Loan C Agent as provided above.