Examples of Appointed Lender in a sentence
The Appointing Lender shall thereafter have the right to permit the Appointed Lender to provide all or a portion of the Loans to be made by the Appointing Lender pursuant to the terms of this Agreement and the making of such Loans or portion thereof shall satisfy the obligation of the Appointing Lender to the same extent, and as if, such Loan was made by the Appointing Lender.
Y ou may schedule an express transf er or a scheduled transf er f or the current business day , on a f uture date, or as a recurring transf er to accounts held by y ou at this bank..
As to any Loan made by it, each Appointing Lender shall have all the rights a Lender making such Loan would have under this Agreement and otherwise; provided, (x) that all voting rights under this Agreement shall be exercised solely by the Appointing Lender and (y) each Appointing Lender shall remain solely responsible to the other parties hereto for its obligations under this Agreement, including the obligations of a Lender in respect of Loans made by its Appointed Lender.
Upon the execution by the parties to each such designation of an agreement in the form of Exhibit G hereto (an "APPOINTMENT AGREEMENT") and the acceptance thereof by the Administrative Agent, the Eligible Appointee shall become an Appointed Lender for purposes of this Agreement.
No additional promissory notes shall be required with regard to Loans made by an Appointed Lender; provided, however, to the extent any Appointed Lender shall advance funds, the Appointing Lender shall be deemed to hold any promissory notes in its possession as an agent for such Appointed Lender to the extent of the Loan funded by such Appointed Lender.
Any payments for the account of any Appointed Lender shall be paid to its Appointing Lender as administrative agent for such Appointed Lender and neither the Borrower nor any Agent shall be responsible for any Appointing Lender's application of any such payments.
No amendment of any provision of this Agreement which subjects any Appointed Lender to any additional obligation hereunder or otherwise affects its rights hereunder as described in Section 12.5 shall be effective without the written consent of such Appointed Lender or its Appointing Lender.
Any payments for the account of any Appointed Lender shall be paid to its Appointing Lender as administrative agent for such Appointed Lender and no Borrower or Agent shall be responsible for any Appointing Lender's application of any such payments.
Upon the execution by the parties to each such designation of an agreement in the form of Exhibit J hereto (an "APPOINTMENT AGREEMENT") and the acceptance thereof by the Administrative Agent, the Eligible Appointee shall become an Appointed Lender for purposes of this Agreement.
No amendment of any provision of this Agreement which subjects any Appointed Lender to any additional obligation hereunder or otherwise affects its rights hereunder as described in Section 11.4 shall be effective without the written consent of such Appointed Lender or its Appointing Lender.