Examples of Acquisition Loan Lender in a sentence
Each Issuance of a Letter of Credit shall be deemed to utilize the Acquisition Loan Commitment of each Acquisition Loan Lender by an amount equal to the amount of such participation (including for the purpose of calculating fees payable pursuant to Section 5.4).
Agent may assume that (i) each Revolving Lender will make its Pro Rata Share of each Revolving Credit Advance available to Agent on each funding date, and (ii) each Acquisition Loan Lender will make its Pro Rata Share of each Acquisition Loan Advance available to Agent on each funding date.
To the extent that Agent advances funds to Borrower on behalf of any Revolving Lender or Acquisition Loan Lender and is not reimbursed therefor on the same Business Day as such Advance or Acquisition Loan Advance is made, Agent shall be entitled to retain for its account all interest accrued on such Advance or Acquisition Loan Advance until reimbursed by the applicable Revolving Lender or Acquisition Loan Lender.
If such Pro Rata Share is not, in fact, paid to Agent by such Revolving Lender or Acquisition Loan Lender when due, Agent will be entitled to recover such amount on demand from such Revolving Lender or Acquisition Loan Lender without setoff, counterclaim or deduction of any kind.
Subject to the terms and conditions set forth herein, each Acquisition Loan Lender severally agrees to make a single Acquisition Loan in Dollars to Borrower on the Effective Date in the original aggregate principal amount equal to its Acquisition Loan Commitment or its Applicable Percentage of the amount of all Acquisition Loans requested by Borrower.
Notwithstanding anything set forth herein to the contrary, a Non-Funding Lender shall not have any voting or consent rights under or with respect to any Loan Document or constitute a "Lender", a "Revolving Lender", or an "Acquisition Loan Lender" (or be included in the calculation of "Requisite Lenders", " or "Supermajority Revolving Lenders" hereunder) for any voting or consent rights under or with respect to any Loan Document.
If any Revolving Lender or Acquisition Loan Lender fails to pay the amount of its Pro Rata Share forthwith upon Agent's demand, Agent shall promptly notify Borrower and Borrower shall immediately repay such amount to Agent.
Specified Acquisition Loan Joinder Signature Page TD BANK, N.A., as a Specified Acquisition Loan Lender By: /s/ Xxxxxx Xxxxxxxxx Name: Xxxxxx Xxxxxxxxx Title: Vice President Xxxxxxx Waste Systems, Inc.
Upon receipt of any such notice from the Company, the Administrative Agent shall promptly notify each Acquisition Loan Lender thereof.
Specified Acquisition Loan Joinder Signature Page COMERICA BANK, as a Specified Acquisition Loan Lender By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: XX Xxxxxxx Waste Systems, Inc.