Examples of Alternate Currency Lenders in a sentence
Minimum amounts/increments for Alternate Currency Loans, repayments and prepayments: Minimum amount of ______________ with increments of ______________ (such minimum amounts to be negotiated between the Subsidiary and the Alternate Currency Lenders provided that such amounts shall not be greater than the minimum amounts set forth in Section 2.3(b) of the Credit Agreement).
The Alternate Currency Lenders party to this Addendum are set forth on Schedule I.
Minimum amounts/increments for Alternate Currency Loans, repayments and prepayments: Minimum amount of with increments of (such minimum amounts to be negotiated between the Subsidiary and the Alternate Currency Lenders provided that such amounts shall not be greater than the minimum amounts set forth in Section 2.3(b) of the Credit Agreement).
Except as otherwise provided in this Section 6 or in the definition of "Qualified Credit Facility" in subsection 1.1, the terms and conditions of each Alternate Currency Facility shall be determined by mutual agreement of the relevant Alternate Currency Borrower(s) and Alternate Currency Lender(s).
Brightpoint may, upon 15 Business Days' prior written notice to the Administrative Agent and with the prior written consent of the Administrative Agent, add to the Alternate Currency Lenders one or more additional Lenders who have agreed to make Alternate Currency Credit available to one or more of the Borrower's Subsidiaries.
The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Facility Commitments of the Lenders, the Designated Currency Commitments of the Designated Currency Lenders, the Yen Commitments of the Yen Lenders and the Alternate Currency Commitments of the Alternate Currency Lenders are several and no Lender shall be responsible for any other Lender's failure to make Loans as required hereunder.
All payments and prepayments made in accordance with the provisions of this Agreement in respect of the Alternate Currency Loans shall be made in such Alternate Currency to the Administrative Agent at such office of JPMCB, its affiliates or its correspondents, as shall be from time to time selected by the Administrative Agent and notified by the Administrative Agent to the Company and the Alternate Currency Lenders.
Section 13.08 of the Credit Agreement shall apply to assignments by Alternate Currency Lenders of obligations and Loans hereunder; provided, however, that a Alternate Currency Lender may not assign any obligations or rights hereunder to any Person who is not (and does not simultaneously become) a Lender under the Credit Agreement.
Each Alternate Currency Agent shall furnish to the Administrative Agent and the applicable Alternate Currency Lenders, not less frequently than monthly, and at any other time at the reasonable request of the Administrative Agent, a statement setting forth the outstanding Alternate Currency Loans made and repaid during the period since the last such report under such Alternate Currency Addendum.
The Administrative Agent, the Alternate Currency Lenders and the Arrangers shall provide the Borrowers with a detailed statement of all reimbursements requested under this Section 11.6(a).