Term Loan Lender Claims definition

Term Loan Lender Claims means the claims arising under the Term Loan.
Sample 1
Term Loan Lender Claims means all indebtedness, obligations and other liabilities (contingent or otherwise) arising under or with respect to the Term Loan Lender Documents or any of them, to the extent permitted by Section 7.13(g) (or substantially similar successor provision) of the Senior Credit Agreement. Term Loan Lender Claims shall include all interest accrued or accruing (or which would, absent the commencement of an Insolvency or Liquidation Proceeding with respect to the Company, accrue) after the commencement of an Insolvency or Liquidation Proceeding with respect to the Company in accordance with and at the rate specified in the Term Loan Agreement whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding with respect to the Company. To the extent any payment with respect to the Term Loan Lender Claims (whether by or on behalf of the Company, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be fraudulent or preferential in any respect, set aside or required to be paid to a debtor in possession, trustee, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if such payment had not occurred.
Sample 1

Examples of Term Loan Lender Claims in a sentence

  • This is a continuing agreement of lien subordination and the Term Loan Lenders may continue, at any time and without notice to the Senior Credit Agreement Agent or any Senior Lender, to extend credit and other financial accommodations and lend monies to the Company constituting Term Loan Lender Claims on the faith hereof, subject to the limitations contained in the Senior Credit Agreement.

  • Employees performing the following duties shall be paid for the following minimum periods at the employee's regular hourly rate of pay.

  • The Senior Lenders, on the one hand, and the Term Loan Lenders, on the other hand, shall each be responsible for keeping themselves informed of (a) the financial condition of the Company and PM&C and all endorsers and/or guarantors of the Senior Lender Claims and Term Loan Lender Claims and (b) all other circumstances bearing upon the risk of nonpayment of the Senior Lender Claims and Term Loan Lender Claims.

  • Upon the Discharge of Term Loan Lender Claims, the Term Loan Agent shall deliver to the Senior Credit Agreement Agent any remaining proceeds of Other Common Collateral held by it in the same form as received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct.

  • The priorities provided in Section 2 shall not be altered or otherwise affected by any amendment, modification, supplement, extension, increase, replacement, renewal, restatement or refinancing of either the Senior Lender Claims or the Term Loan Lender Claims (or any portion thereof), nor by any action that the Senior Lenders or the Term Loan Lenders may take or fail to take in respect of the Common Collateral, the Other Common Collateral or the Pari Passu Common Collateral.

  • Until the Discharge of Term Loan Lender Claims has occurred, the Term Loan Agent shall be entitled to deal with the Other Common Collateral and Pari Passu Common Collateral in accordance with the terms of the Term Loan Lender Documents.

Related to Term Loan Lender Claims

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

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

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.