Administrative Lender definition

Administrative Lender means NationsBank of Texas, N.A., a national banking association, as administrative agent for Lenders, or such successor administrative agent appointed pursuant to Section 10.1(b) hereof.

Administrative Lender means NationsBank of Texas, N.A., a national banking association, as administrative agent for Lenders, or such successor administrative agent appointed pursuant to Section 9.1(b) hereof.

Administrative Lender means NationsBank, or any successor Administrative Lender appointed pursuant to Section 7.1(c).

Examples of Administrative Lender in a sentence

• Notice shall be given to the Administrative Lender prior to 11:00 a.m., Dallas, Texas time, in order for such Business Day to count toward the minimum number of Business Days required.

• No failure or delay by the Administrative Lender or any Lender in exercising any right shall operate as a waiver of such right.

• Upon exercise of the stock options or warrants, consideration paid, together with the amount previously recognized in contributed surplus, is recorded as an increase to share capital.

• The Borrower agrees to indemnify and hold harmless the Administrative Lender and each Lender from and against any claims, demand, liability, proceedings, costs or expenses asserted with respect to or arising in connection with any such fees or commissions.

• Except as aforesaid, the Administrative Lender shall be under no duty to enforce any rights with respect to any of the Advances, or any security therefor.

More Definitions of Administrative Lender

Administrative Lender means NationsBank of Texas, N.A., a national banking association, as administrative agent for Lenders, or such successor administrative agent appointed pursuant to SECTION 10.1(b) hereof.

Administrative Lender means NationsBank of Texas, --------------------- N-1

Administrative Lender has the meaning ascribed to such term in the Credit Agreement.

Administrative Lender means Bank of America, N.A., a national banking association, as Administrative Lender for Lenders, or such successor Administrative Lender appointed pursuant to Section 10.1(b) hereof.

Administrative Lender means NationsBank of Texas, N.A., in its capacity as Administrative Lender hereunder, or any successor Administrative Lender appointed pursuant to Section 8.6 hereof.

Administrative Lender and "Debenture Holder" and Penford Australia Limited and Penford New Zealand Limited as "Consent Parties".

Administrative Lender means, with respect to the US Facility, Scotiabank acting as administrator thereunder for the Lenders, and with respect to the Australian Facilities, ANZ acting as administrator thereunder for the Lenders.