Accordion Lenders definition

Accordion Lenders means the Revolving Credit Lenders that shall be identified as “Accordion Lenders” on Schedule C-1 (as amended pursuant to subsection 2.1(f)(iii)) to this Agreement that shall have delivered to the Agent a Confirmation of Accordion Commitment and, when used in the context of a particular Accordion Commitment, shall mean Accordion Lenders having that Accordion Commitment.
Sample 1
Accordion Lenders has the meaning set forth in Section 2.2(h).
Sample 1Sample 2
Accordion Lenders means any Lender which issues or increases its Commitment under Section 2.15.
Sample 1

Examples of Accordion Lenders in a sentence

  • If the full amount of the proposed Accordion increase is not completely acquired by Accordion Lenders that are already Lenders, the Borrower may propose other Eligible Assignees to provide new Individual Commitments for all or a portion of the proposed Accordion increase not acquired by existing Lenders, and shall notify the Administrative Agent of the identity of any such Eligible Assignees and their respective new Individual Commitments.

  • In addition, to the extent any Lender hereunder agrees to make U.S. Advances pursuant to a request for an Accordion Activation, U.S. Borrowers shall pay Agent (for the ratable benefit of the Accordion Lenders, subject to any letter agreement between Agent and Accordion Lenders), a fee in an amount to be agreed upon by the U.S. Borrowers and the Agent.

  • Milliman Group acknowledges and agrees that no Confidential Information of Voya Group may (i) be placed on unencrypted mobile media, CDs, DVDs, mobile equipment or laptops or (ii) be located outside the Service Locations, without the consent of Voya Group.

  • Each Accordion Borrowing shall be made as agreed, in writing, among the Borrower and the Accordion Lenders and approved, in writing, by the Administrative Agent.

  • If the full amount of the proposed Accordion increase is not completely acquired by Accordion Lenders that are already Lenders, the Borrowers may propose other Eligible Assignees to provide new Individual Commitments for all or a portion of the proposed Accordion increase not acquired by existing Lenders, and shall notify the Administrative Agent of the identity of any such Eligible Assignees and their respective new Individual Commitments.

  • The increase in that Accordion Lender's Individual Commitment with respect to the RCF Facility shall, subject to Sections 2.6(b) and (f), take place with effect from the Accordion Effective Date.

  • On completion of the solicitation process set out in clauses 9.3 to 9.12 (Selection of Accordion Lenders), the Company and each relevant Accordion Lender may request the increase in Total Revolving Facility Commitments by the Company delivering to the Agent a duly completed Accordion Notice not later than 5 Business Days prior to the proposed Accordion Date specified in that Accordion Notice.

  • Counterparts of this Agreement duly executed by the Borrower, the Accordion Lenders and the Administrative Agent.

  • Upon the Accordion Effective Date any such increase of that Accordion Lender's Individual Commitment with respect to the RCF Facility, Schedule A hereto shall be deemed to be amended to increase the Individual Commitment of that Accordion Lender with respect to the RCF Facility by the amount of such increase.

  • Each Accordion Borrowing shall consist of Accordion Loans made simultaneously by the Accordion Lenders in accordance with their respective Accordion Commitments and will be advanced in increments of at least $10,000,000.


More Definitions of Accordion Lenders

Accordion Lenders means after the Accordion Activation, the Lenders identified as “Accordion Lenders” on Schedule C-1 to this Agreement and, when used in the context of a particular Accordion Commitment, shall mean Accordion Lenders having that Accordion Commitment.
Sample 1
Accordion Lenders means any U.S. Lender which makes U.S. Advances to the U.S. Borrowers pursuant to Section 2.2.A(h) and identified as an “Accordion Lender” on Schedule C-1 to this Agreement, as set forth after an Accordion Activation.
Sample 1
Accordion Lenders. New Lender: Lenders described on the signature pages hereto as “Accordion Lenders” (which includes the New Lender)COMERICA BANK
Sample 1

Related to Accordion Lenders

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

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Increasing Lenders is defined in Section 2.14.

  • Prepetition Lenders means the Persons identified as "Lenders" under the Prepetition Credit Agreement, in their capacities as lenders under the Prepetition Credit Agreement, together with their successors and permitted assigns.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • U.S. Lenders means the financial institutions listed on the signature pages of the U.S. Credit Agreement and their respective successors and assigns.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.

  • Existing Lenders as defined in the recitals hereto.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

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

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).