Common use of Replacement of a Lender Clause in Contracts

Replacement of a Lender. The Borrower shall have the right, in the absence of a Default or Event of Default, to replace any Lender that charges a material amount in excess of that being charged by the other Lenders with respect to contingencies described in

Appears in 12 contracts

Samples: Whereas Eksportfinans, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement

AutoNDA by SimpleDocs

Replacement of a Lender. 24.2.1 The Borrower shall have the right, in the absence of a Default or Event of Default, to replace any Lender that charges a material amount in excess of that being charged by the other Lenders with respect to contingencies described in:

Appears in 1 contract

Samples: And Restatement Agreement (Seadrill Partners LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.