Approved Repo Lender definition

Approved Repo Lender means any Approved Investor or any other entity -------------------- pre-approved by the Majority Lenders (including those shown on Schedule III set ------------ forth in the Addendum) and which approval has not been revoked by the Majority Lenders (such revocation to be effective on the tenth Business Day following notice thereof given to the Companies by the Administrative Agent in writing); provided, that the Administrative Agent shall notify the Lenders in writing of -------- any proposed additional Approved Repo Lender and such proposed Approved Repo Lender shall be deemed to have been pre-approved five (5) Business Days after such notice has been given, unless the Majority Lenders shall have notified the Administrative Agent prior to such date that such proposed Approved Repo Lender is not approved.
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Approved Repo Lender means any Approved Investor or any other -------------------- Person pre-approved as such in writing by the Majority Lenders and which approval has not been revoked by the Majority Lenders in their sole discretion, any such revocation notice to be given no later than ten (10) days prior to its intended effective date.
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Approved Repo Lender means any Approved Investor or any other entity -------------------- pre-approved by the Majority Lenders (including those shown on Schedule III set ------------ forth in the Addendum) and which approval has not been revoked by the Majority Lenders (such revocation to be effective on the tenth Business Day following notice thereof given to the Companies by the Administrative Agent in writing); provided, that the Administrative Agent shall notify the Lenders in writing of -------- any proposed additional Approved Repo * This provision has been deleted and has been filed separately with the Securities and Exchange Commission in connection with a request for confidential treatment filed pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. Lender and such proposed Approved Repo Lender shall be deemed to have been pre- approved five (5) Business Days after such notice has been given, unless the Majority Lenders shall have notified the Administrative Agent prior to such date that such proposed Approved Repo Lender is not approved.
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Examples of Approved Repo Lender in a sentence

  • To reflect the agreement of the parties hereto --------------------- to approve the inclusion of an additional Approved Repo Lender and to reflect certain name changes of existing Approved Repo Lenders, effective as of the Effective Date, the current schedule of Approved Repo Lenders is hereby amended and restated in its entirety in the form attached hereto as Amendment Exhibit A.


More Definitions of Approved Repo Lender

Approved Repo Lender means any Approved Investor or any other -------------------- Person pre-approved in writing pursuant to the Warehousing Agreement.
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Related to Approved Repo Lender

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Approved Lender is defined in Section 12.1.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Credit Improved Obligation means any Collateral Debt Obligation which, in the Investment Manager’s judgment, has significantly improved in credit quality and in respect of which one of the following is satisfied:

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $50,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • DIP Lender means a lender under the DIP Facility.

  • Potential Defaulting Lender means, at any time, (i) any Lender with respect to which an event of the kind referred to in the definition of “Lender Insolvency Event” has occurred and is continuing in respect of any Subsidiary of such Lender, or (ii) any Lender that has notified, or whose Lender Parent or a Subsidiary thereof has notified, the Administrative Agent, the Borrower or any LC Issuing Bank in writing, or has stated publicly, that it does not intend to comply with its funding obligations generally under other loan agreements, credit agreements and other similar agreements, unless such writing or statement states that such position is based on such Lender’s determination that one or more conditions precedent to funding cannot be satisfied (which conditions precedent, together with the applicable default, if any, will be specifically identified in such writing or public statement). Any determination by the Administrative Agent that a Lender is a Potential Defaulting Lender under any of clauses (i) and (ii) above will be conclusive and binding absent manifest error, and such Lender will be deemed a Potential Defaulting Lender (subject to Section 2.19(f) hereof) upon notification of such determination by the Administrative Agent to the Borrower, the LC Issuing Banks and the Lenders.

  • Lender Consent means any lender consent delivered by a Lender on the Closing Date in the form of Exhibit 4.1(a).

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Schedule I Lender means any Lender named on Schedule I to the Bank Act (Canada).