Senior Lender Parties definition

Senior Lender Parties means, collectively, the First Lien Lender Parties and the Second Lien Lender Parties.
Senior Lender Parties means each of Main Street Capital Corporate and its lender Affiliates under the Senior Credit Agreement

Examples of Senior Lender Parties in a sentence

  • In the event of a sale or other disposition of any of the Senior Collateral by any of the Senior Lender Parties as contemplated in this Section, the Senior Administrative Agent shall provide to the Subordinated Creditors an accounting of such sale or disposition and shall advise the Subordinated Creditors as to the Senior LenderParties’ application of proceeds from such sale or other disposition to the Senior Obligations.8. Cases and other Proceedings.

  • The Agent has informed the Debtors that the Senior Lender Parties assert that (a) the Plan is not confirmable, (b) they intend to object to confirmation of the Plan, and (c) pursuant to Bankruptcy Code § 506(b), the Senior Lender Parties are entitled to the payment of interest at the default rate on the Senior Lender Secured Claim and postpetition fees, costs, and charges related to the Senior Lender Secured Claim under the Senior Lender Credit Documents (the “ 506(b) Claim”).

  • On or about January 24, 2011, the Agent, on behalf of the Senior Lender Parties, filed proofs of claim numbers 183, 187, 188, and 191 in the Cases asserting claims against the Debtors’ bankruptcy estates arising under or related to the Senior Lender Credit Documents of at least $86,593,906 (the “ Senior Lender Secured Claim”).

  • The Senior Lender Parties are hereby authorized to demand specific performance of this Section 5 at any time when the Guarantied Party shall have failed to comply with any of the provisions of this Section 5, and the Guarantied Party hereby irrevocably waives any defense based on the adequacy of a remedy at law which might be asserted as a bar to such remedy of specific performance.

  • No. 1394] (as may be supplemented, 3 The Senior Lender Parties include The CIT Group / Business Credit, Inc.; U.S. Bank National Association; PNC Bank, National Association; JPMorgan Chase Bank, N.A.; and Capital One Leverage Finance Corp.

  • For purposes of clarification, as of the Effective Date, the Senior Lender Parties shall hold no other Claims or causes of action against any of the Lack Parties, individually or collectively, related to the Cases, any of the Senior Lender Credit Documents, the Senior Lender Claim or the 506(b) Claim, including, but not limited to, any Claim to further prepetition or postpetition interest, fees, costs, or other charges, whether asserted pursuant to Bankruptcy Code § 506(b) or otherwise.

  • Until the Senior Obligations have been Paid in Full, the Senior Administrative Agent and/or the Senior Lender Parties shall have the exclusive right to enforce rights and remedies with respect to the Senior Collateral (other than with respect to the Subordinated Priority Collateral) and to make determinations with respect to the release, disposition and/or restrictions with respect to the Senior Collateral without any notice to or consent of the Subordinated Creditors.

  • Notwithstanding any other provision of this Guaranty, no payments to the Guarantied Party shall be required to be paid over to the Senior Lender Parties pursuant to this Section 5.1(c) if the Senior Lender Parties have either consented in writing to such payment or have failed to request turnover of such payment within 45 days of receipt of actual notice of the making of such payment.

  • In the event the Senior Lender Parties release or agrees to release any of its Liens on all or any part of the Collateral, the Guarantied Party shall promptly release or otherwise terminate its Liens on such Collateral.

  • Notwithstanding the foregoing, nothing in this Section 5 is intended or shall be deemed to restrict the rights of the Guarantied Party to seek judicial relief if a foreclosure of the Collateral by the Senior Lender Parties does not comply with the commercially reasonable requirements of Section 9-610 of the UCC.


More Definitions of Senior Lender Parties

Senior Lender Parties means the “Senior Lender Parties” as defined in the Senior Credit Agreement.

Related to Senior Lender Parties

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • Senior Lender means each holder of a Senior Note.

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Banks, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 11.5., any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

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

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

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

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Prior Lenders means, collectively, the lenders party to the Prior Credit Agreement.

  • Secured Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Hedge Banks, the Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral Documents.

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

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

  • Senior Credit Documents means the collective reference to the Credit Agreement, the notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented or otherwise modified from time to time.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Senior Loan Documents means the loan agreement between Borrower and Senior Creditor and any other agreement, security agreement, document, promissory note, UCC financing statement, or instrument executed by Borrower in favor of Senior Creditor pursuant to or in connection with the Senior Debt or the loan agreement, as the same may from time to time be amended, modified, supplemented, extended, renewed, restated or replaced.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Senior Representative means, with respect to any series of Permitted First Priority Refinancing Debt, Permitted Second Priority Refinancing Debt or other Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.