Examples of Applicable Lender in a sentence
Each Applicable Lender shall participate in each Protective Advance on a Pro Rata basis.
Promptly after receiving any such notice, Agent shall notify each Applicable Lender thereof.
Interest accrued pursuant to this paragraph shall be for the account of the Issuing Bank, except that interest accrued on and after the date of payment by any Applicable Lender pursuant to paragraph (e) of this Section to reimburse the Issuing Bank shall be for the account of such Applicable Lender to the extent of such payment.
A Level II non-conformance can also represent a significant breach of a commitment, or a risk of a significant breach if not expeditiously addressed, requiring corrective action as defined in Project documents or Applicable Lender Environmental and Social Standards.
As noted in Section 1.0 of this report, “Applicable Lender Environmental and Social Standards” means the environmental and social standards applied by the Loan Facility Lenders to the Project in the form attached to Schedule H-1 (Environmental and Social – Applicable Lender Environmental and Social Standards) of the CTA.