Tranche 1 Term Lender definition

Tranche 1 Term Lender means a Lender with a Tranche 1 Term Commitment or an outstanding Tranche 1 Term Loan.
Tranche 1 Term Lender means each Term Loan Lender who either (a) did not deliver to the Agent an executed signature page to the First Amendment on or before the closing of business on November 13, 2009 or (b) delivered to the Agent an executed signature page to the First Amendment on or before November 13, 2009 that indicated that such Lender would not agree to extend the maturity date of all of the Term Loans held by such Lender or (c) delivered to the Agent an executed signature page to the First Amendment on or before November 13, 2009 that indicated that such Lender would extend only a portion of the Term Loans held by such Lender (and such Lender shall be a Tranche 1 Term Lender with respect to the portion of the Term Loans not so extended); provided that a Term Loan Lender who delivers written notice to the Agent after November 13, 2009 but on or before November 30, 2009 that such Term Loan Lender agrees to extend the maturity date of all of the Term Loans held by such Term Lender to the Xxxxxxx 0 Xxxx Xxxxxxxx Date pursuant to the terms of the definition of "Tranche 2 Term Lender" shall not be a Tranche 1 Term Lender after the date of the delivery of such notice. FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT, Page 2 64226.001095 EMF_US 28805286v6

Examples of Tranche 1 Term Lender in a sentence

  • Xxxxxxx Title: Chief Financial Officer For the avoidance of doubt, Fortress Credit Opportunities I LP is not executing this signature page to the Amendment and Incremental Agreement as an Incremental Tranche 1 Term Lender.

  • Subject to the terms and conditions set forth herein, each Tranche 1 Term Lender severally agrees to make to the Company a single loan on the Restatement Effective Date denominated in Dollars in an aggregate principal amount not exceeding its Tranche 1 Term Commitment.

  • Xxxxxxxx Title: Vice President STRATEGIC VALUE PARTNERS, as x Revolving Lender, Tranche 1 Term Lender and Tranche 2 Term Lender □ Tranche 1 Term Lender By: Xxxxx X.

  • The scope of professional services to be provided shall include the completion of the tasks described herein, as well as other elements or modifications which may be agreed upon through the request for proposal process.

  • FCX hereby unconditionally promises to pay to the Administrative Agent on the Maturity Date, for the account of each Tranche 1 Term Lender, the then unpaid principal amount of each Tranche 1 Term Loan of such Lender.

  • Subject to the terms and conditions set forth in this Agreement, each Tranche 1 Term Lender severally and not jointly agrees to make a Tranche 1 Term Loan in Dollars to the Borrower on the Effective Date in an aggregate principal amount equal to, but not exceeding, such Tranche 1 Term Lender’s Tranche 1 Term Commitment.

  • Each Incremental Tranche 1 Term Lender’s Incremental Tranche 1 Term Loan Commitment shall terminate immediately and without any further action on the First Amendment and Incremental Agreement Effective Date upon the making of an Incremental Tranche 1 Term Loan by such Incremental Tranche 1 Term Lender.

Related to Tranche 1 Term Lender

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

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