Existing Term Loan Lenders definition

Existing Term Loan Lenders means Existing Lenders that hold Existing Term Loans.

Existing Term Loan Lenders means the lenders party to the Existing Term Loan Agreement from time to time.

Existing Term Loan Lenders the lenders party to the Existing Term Loan Facility. Expansion Capital Expenditures: Capital Expenditures in connection with the expansion of the Borrowers’ business for the purpose of building the two Greenfield branch locations in an amount not to exceed $1,000,000 per branch and $2,000,000 in the aggregate. Extraordinary Expenses: all out-of-pocket costs, expenses or advances that Agent and each Lender may incur during the continuance of an Event of Default, or during the pendency of an Insolvency Proceeding of an Obligor, including those relating to (a) any audit, inspection, repossession, storage, repair, appraisal, insurance, manufacture, preparation or advertising for sale, sale, collection, or other preservation of or realization upon any Collateral; (b) any action, arbitration or other proceeding (whether instituted by or against Agent, any Obligor, any representative of creditors of an Obligor or any other Person) in any way relating to any Collateral (including the validity, perfection, priority or avoidability of Agent’s Liens with respect to any Collateral), Loan Documents or Obligations, including any lender liability or other Claims; (c) the exercise of any rights or remedies of Agent and each Lender in, or the monitoring of, any Insolvency Proceeding; (d) settlement or satisfaction of any taxes, charges or Liens with respect to any Collateral; (e) any Enforcement Action; and (f) negotiation and documentation of any modification, waiver, workout, restructuring or forbearance with respect to any Loan Documents or Obligations. Such out-of-pocket costs, expenses and advances include transfer fees, Other Taxes, storage fees, insurance costs, permit fees, utility reservation and standby fees, legal fees (limited to fees of one outside counsel for the Agent and one outside counsel for the Lenders, taken as a whole, and one local counsel to the Agent and one local counsel to the Lenders, taken as a whole, in any material jurisdiction), appraisal fees, brokers’ and auctioneers’ fees and commissions, accountants’ fees, environmental study fees, wages and salaries paid to employees of any Obligor or independent contractors in liquidating any Collateral, and travel expenses; provided, however, that fees of third party professionals shall be limited to one professional or firm for the Agent and one professional or firm for the Lenders, taken as a whole. Extraordinary Receipts: any cash received by or paid to or for the account of any Obligor not in the...

Examples of Existing Term Loan Lenders in a sentence

• The Borrower shall prepay all Existing Term Loans of Non-Consenting Existing Term Loan Lenders and Post-Closing Option Lenders with the gross proceeds of the Additional Tranche B-1 Term Loans.

• The Borrowers shall have paid to the Existing Term Loan Lenders any accrued and unpaid interest and fees under the Existing Credit Agreement and the Borrowers shall have paid to the Arrangers and the Bookrunners, for their own account or for the account of the Lenders, as applicable, all fees and expenses required to be paid in connection herewith (including expenses to the extent invoiced at least one (1) Business Day prior to the Restatement Date).

• Existing Term Loan Lenders ¨ The undersigned Term Loan Lender hereby irrevocably and unconditionally elects to decline to accept the Specified Optional Prepayment.

• The Interest Period then in effect (and the LIBOR Rate thereunder) for the Existing Term Loans of Non-Consenting Existing Term Loan Lenders and Post-Closing Option Lenders shall remain in effect for the Additional Tranche B-1 Term Loans following any such repayment.

• The Interest Period then in effect (and the LIBOR Rate (as defined in this Agreement immediately prior to the effectiveness of Amendment No. 1) thereunder) for the Existing Term Loans of Non-Consenting Existing Term Loan Lenders and Post-Closing Option Lenders shall remain in effect for the Additional Tranche B-1 Term Loans following any such repayment.

More Definitions of Existing Term Loan Lenders

Existing Term Loan Lenders means the financial institutions party from time to time to the Existing Credit Agreement as lenders, solely in their respective capacities as such, with outstanding Existing Term Loans.

Existing Term Loan Lenders the lenders under the Existing Term Loan Credit Agreement.

Existing Term Loan Lenders means the lenders from time to time party to the Existing Term Loan Credit Agreement.

Existing Term Loan Lenders. (each a “Lender” and, collectively, the “Lenders”). The Borrower and the Lenders are parties to an Amended and Restated Term Loan Agreement dated as of April 4, 2014, as amended by that certain Consent and Amendment Agreement, dated as of June 20, 2014, that certain Omnibus Amendment Agreement No. 2, dated as of February 23, 2015, and that certain Amendment No. 3 to Term Loan Agreement, dated as of January 8, 2016 (as so amended, the “Existing Term Loan Agreement”). The Borrower has requested that (i) the Lenders provide a limited waiver of certain reporting covenants contained in Section 8.01 of the Existing Term Loan Agreement, and (ii) certain amendments be made to the Existing Term Loan Agreement. The Lenders have agreed to such requests, subject to the terms and conditions hereof. Accordingly, the parties hereto agree as follows:

Existing Term Loan Lenders means each Person which is a Lender under, and as defined in, the Existing Term Loan Agreement.

Existing Term Loan Lenders means, individually and collectively, MIDCAP FUNDING XIII TRUST, a Delaware statutory trust, ELM 2020-3 TRUST, a Delaware statutory trust, and ELM 2020-4 TRUST, a Delaware statutory trust.”

Existing Term Loan Lenders means the “Lenders” as defined in the Existing Term Loan Agreement.