Assuming Lenders definition

Assuming Lenders has the meaning assigned to such term in Section 2.09.
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Assuming Lenders as defined in subsection 2.7(a).
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Assuming Lenders has the meaning ascribed to it in Section 9.1(h)(i).
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Examples of Assuming Lenders in a sentence

  • The Administrative Agent shall amend Schedule 1.01(b) to reflect the aggregate amount of each Lender’s Commitments (including Increasing Lenders and Assuming Lenders).

  • Promptly following satisfaction of such conditions, the Administrative Agent shall notify the Lenders of such Class (including any Assuming Lenders) thereof and of the occurrence of the Commitment Increase Date by facsimile transmission or electronic messaging system.

  • Immediately prior to the effectiveness of the new Commitments on the Commitment Increase Date, the Administrative Agent shall amend Schedule 1.01(b) to reflect the aggregate amount of each Lender’s Dollar Commitments and Multicurrency Commitments (including Increasing Lenders and Assuming Lenders).

  • The Administrative Agent shall amend Schedule 1.01(b) to reflect the aggregate amount of each Lender’s Dollar Commitments and Multicurrency Commitments (including Increasing Lenders and Assuming Lenders).

  • The Agent shall notify the Lenders and any Eligible Assignees requested by the Company and acceptable to the Agent as potential Assuming Lenders hereunder of the proposed Commitment Increase promptly upon the Agent's receipt of any such notice.

  • Immediately prior to the funding of the new Loans on the Term Loan Increase Date, the Administrative Agent shall amend Schedule 1.01(b) to reflect the aggregate amount of each Lender’s Loans (including increasing Lenders and Assuming Lenders).

  • Promptly following each Commitment Date, the Agent shall notify the Company as to the amount, if any, by which the Increasing Lenders and Assuming Lenders are willing to participate in the requested Commitment Increase.

  • Promptly following satisfaction of such conditions, the Administrative Agent shall notify the Lenders (including any Assuming Lenders) thereof and of the occurrence of the Commitment Increase Date by facsimile transmission or electronic messaging system.

  • If the Lenders and Assuming Lenders notify the Agent that they are willing to increase the amount of their respective Revolving Credit Commitments by an aggregate amount that exceeds the amount of the requested Commitment Increase, the requested Commitment Increase shall be allocated among the Lenders and Assuming Lenders willing to participate therein in such amounts as are agreed between the Borrower and the Agent.

  • The Agent shall thereupon promptly deliver the new Revolving Credit Notes to the respective Assuming Lenders requesting such Notes and record in the Register the relevant information with respect to each Consenting Lender and each such Assuming Lender.


More Definitions of Assuming Lenders

Assuming Lenders shall have the meaning ascribed to such term in Recital Paragraph D of the First Amendment. “Assumption Agreement” shall have the meaning ascribed to such term in Recital Paragraph D of the First Amendment.
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Related to Assuming Lenders

  • Assuming Lender has the meaning specified in Section 2.18(d).

  • Existing Lenders as defined in the recitals hereto.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Increasing Lenders is defined in Section 2.14.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Extending Lenders has the meaning specified in Section 2.08.

  • Accepting Lenders has the meaning specified in Section 2.24(a).

  • New Revolving Lender as defined in Section 2.24.

  • Exiting Lender see Section 2.17.7.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Continuing Lenders as defined in the recitals hereto.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Increase Lender has the meaning given to that term in Clause 2.2 (Increase).

  • 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.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

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