Applicable Lender definition

Applicable Lender has the meaning assigned to such term in Section 2.06(d).

Applicable Lender means any Lender other than an Agented Lender.

Applicable Lender has the meaning given in Clause 5.2;

Examples of Applicable Lender in a sentence

• Promptly after receiving any such notice, Agent shall notify each Applicable Lender thereof.

• Each Applicable Lender shall timely honor its Revolver Commitment by funding its Pro Rata share of each Borrowing of Revolver Loans that is properly requested hereunder.

• If the Company fails to make such payment when due, the Administrative Agent shall notify each Applicable Lender of the applicable LC Disbursement, the payment then due from the Company in respect thereof and such Lender’s Applicable Percentage thereof.

• The Lenders shall not be required to purchase deposits in the Londonany applicable interbank market or any other offshore market to fund any Term SOFR Loan or EURIBOR Loan or to transact in bankers’ acceptances to make any Canadian BA Rateany Term XXXXX Loan, but the provisions hereof shall be deemed to apply as if each Applicable Lender had purchased such deposits or transacted in such bankers’ acceptances to fund its Term SOFR Loans, EURIBOR Loans or Canadian BA RateTerm XXXXX Loans, as applicable.

• No Applicable Lender shall have any rights or obligations under any AutoBorrow Agreement, but each Applicable Lender shall have the obligation to purchase and fund risk participations in the Swing Line Loans and to refinance Swing Line Loan as provided herein.

More Definitions of Applicable Lender

Applicable Lender means any Lender that has, or purports to have, control (other than a Lender that is an Agented Lender solely as it relates to that portion of the Collateral for which such Lender is an Agented Lender) over any portion of the Collateral pursuant to the Collateral Account Control Agreement (it being understood that the termination of the Collateral Account Control Agreement (or the termination of the Collateral Account Control Agreement with respect to such Lender’s Ratable Share of the Collateral) without the written consent of the relevant Applicable Lender shall not result in such Lender ceasing to be an Applicable Lender).

Applicable Lender means each Lender that has executed and delivered to the Administrative Agent the Consent to this Amendment prior to 12:00 noon, New York City time, on Wednesday, November 2, 2016 or such later date and time specified by the Borrower and notified in writing to the Lenders by the Administrative Agent.

Applicable Lender means any Lender with any undrawn Commitments.

Applicable Lender has the meaning specified in Section 2.03(c).

Applicable Lender means (a) when used with respect to the U.S. Revolving Credit Facility, the U.S. Term Loan Facility, the Canadian Revolving Credit Facility or the Australian Revolving Credit Facility, a Lender that has a Commitment or holds a Loan with respect to such Facility, (b) with respect to any Letter of Credit, (i) the Issuing Banks and (ii) if any L/C Disbursements have been made by an Issuing Bank and not reimbursed or refinanced by Section 2.02(g), the Canadian Lenders, the U.S. Revolving Lenders or the Australian Lenders, as the case may be, and (c) with respect to the U.S. Swing Line Sublimit or the Canadian Swing Line Sublimit, the Applicable Swing Line Lender.

Applicable Lender means each Lender that has executed and delivered to the Agent its signature page to this Amendment prior to 5:00 p.m., New York City time, on 12:00 noon, March 1, 2016 or such later date and time specified by the Parent Guarantor and notified in writing to the Lenders by the Agent.

Applicable Lender is defined in Section 2.06(d).