Intercompany Lender definition

Intercompany Lender means any obligor that is a lender in respect of any Intercompany Indebtedness under the Intercompany Subordination and Credit Agreement.
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Intercompany Lender means each lender of any Intercompany Loan.
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Intercompany Lender means each Subsidiary of Holdings that has made Intercompany Revolving Loans or Intercompany Term Loans to any Intercompany Borrower, including each Finance Subsidiary.
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Examples of Intercompany Lender in a sentence

  • The undersigned, , a , (the “New Intercompany Lender”) hereby agrees to become party as an Intercompany Lender under the Intercreditor Agreement for all purposes thereof on the terms set forth therein, and to be bound by the terms of the Intercreditor Agreement as fully as if the undersigned had executed and delivered the Intercreditor Agreement as of the date thereof.

  • The Intercompany Charge is necessary to protect members of the FIGR Group (and their respective creditors) for any obligation an Intercompany Lender incurs on behalf of another member of the FIGR Group and to secure such amounts.

  • Each Intercompany Lender and each Intercompany Debtor hereby agrees that the subordination provisions set forth in this Agreement are for the benefit of the Administrative Agent and the other holders of Senior Indebtedness.

  • Every form of business that can cause injustice will be prohibited, such as talaqqi rukban, reducing scales, hiding defective items, exchanging good goods for bad ones, najasy transactions, ihtikar, and ghaban fahisy (Kusumawati, 2015).

  • The provisions of Section 10 of the Intercreditor Agreement will apply to this Intercompany Lender Supplement as if set forth herein.

  • Upon Closing, an amount equivalent to the Intercompany Payoff Amount shall be paid by the Purchaser to the Target Company for the Target Company to repay the loan due to the Intercompany Lender.

  • Continuation of appointment of Mr. NANDANANDAN MISHRA (DIN 00031342) as an Independent Director.

  • The Senior Lenders are under no duty or obligation, and each Intercompany Lender hereby waives any right it may have to compel any Senior Lender, to pursue any guarantor or other Person who may be liable for the Obligations, or to enforce any Lien in any Collateral.

  • Each Intercompany Lender waives any protest, demand for payment and notice of default.

  • The actual fees and charges received, is $21,202 less than the year to date budget and this generally relates to the reductions in Building Licence fees of$6,000, Community Hire Fee of $7,000 as well as the Café rent of $2,000 and other expected fees of $5,000.


More Definitions of Intercompany Lender

Intercompany Lender means and refers to Borrower and each present and future Subsidiary of Borrower (whether an Obligor or not) that has, at any time, made a loan or extended credit to any Obligor, or is at any time owed any amount or obligation by any Obligor, or is at any time a lender or other creditor of any Obligor, or holds any Debt of, any Obligor, (c) “Senior Obligations” means and refers to (i) “Obligations” as defined in the Credit Agreement, (ii) “Obligations” as defined under the New Secured Notes Indenture and (iii) “Obligations” as defined in the New Secured Convertible Notes Indenture, (d) “Secured Parties” means and refers to (i) the “Secured Parties” as defined in the Credit Agreement, (ii) the “Secured Parties” as defined in the New Secured Notes Indenture, and (iii) the “Secured
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Intercompany Lender means the Company or any Foreign Subsidiary Lender that has made Foreign Intercompany Loans to any Intercompany Borrower.
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Intercompany Lender means any Subordinated Lender, Shareholder Lender, Shareholder Parent Lender, Apex Metals Subordinated Lender and Service Company Lender.
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Intercompany Lender means each of:
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Intercompany Lender means the Company or any of its Restricted Subsidiaries that is a lender in respect of any Intercompany Indebtedness.
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Intercompany Lender has the meaning ascribed to it in Clause 21.18 (Intercompany loans).
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Related to Intercompany Lender

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Intercompany Indebtedness means Indebtedness of Company or any of their respective Subsidiaries which is owing to any member of such group.

  • Intercompany Obligations as defined in the Guarantee and Collateral Agreement.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Intercompany Payables means all account, note or loan payables and all advances (cash or otherwise) or any other Extensions of Credit that are payable by Parent or any of its Subsidiaries (other than the Bank or its Subsidiaries) to the Bank or its Subsidiaries.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • DIP Lender means a lender under the DIP Facility.

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other Extensions of Credit that are receivable by Parent or any of its Subsidiaries (other than the Bank or its Subsidiaries) from the Bank or its Subsidiaries.

  • Credit Party Obligations means, without duplication, (a) all of the obligations of the Credit Parties to the Lenders (including the Issuing Lender) and the Administrative Agent, whenever arising, under this Credit Agreement, the Notes, or any of the other Credit Documents to which any Credit Party is a party and (b) all liabilities and obligations owing from such Credit Party to any Lender, or any Affiliate of a Lender, arising under Hedging Agreements.

  • Intercompany Notes means, with respect to each Pledgor, all intercompany notes described in Schedule 11 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and all assignments, amendments, restatements, supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party, (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance, the parties thereto are party to the Intercompany Subordination Agreement, and (d) a Loan Party to or in a Subsidiary that is not a Loan Party so long as (i) the aggregate amount of all such Investments made by the Loan Parties to or in Subsidiaries that are not Loan Parties does not exceed $1,000,000 at any time outstanding, (ii) no Default or Event of Default has occurred and is continuing either before or after giving effect to such Investment, and (iii) the Borrowers have Excess Availability plus Qualified Cash of not less than $10,000,000 after giving effect to such Investment.

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;