Australian Fronting Lender definition

Australian Fronting Lender means Credit Suisse First Boston, acting through its Sydney office branch, and its successors and assigns in such capacity.
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Australian Fronting Lender means Credit Suisse AG, Sydney Branch and its successors and assigns in such capacity or such other Lender (or its Affiliate) designated as such by Terex with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed) and such Lender, and its successors and assigns in such capacity, in each case that shall become a party to this Agreement as the Australian Fronting Lender pursuant to a joinder agreement in form and substance satisfactory to Terex, the Administrative Agent and such Lender.
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Australian Fronting Lender means Credit Suisse, Sydney Branch, and its successors and assigns in such capacity.
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Examples of Australian Fronting Lender in a sentence

  • If the Australian Fronting Lender shall be required to deduct any Taxes from or in respect of the Australian Participation Fee (or any other payments in connection with the Australian Fronted Loans), Terex or the Australian Borrower shall pay to the applicable Revolving Credit Lender the “additional amount” referred to in the preceding sentence.

  • This sections reports the AA k-FS analysis results obtained from conducting this experiment on ten model organism subjects.

  • In furtherance of the foregoing, each Multicurrency Revolving Credit Lender hereby absolutely and unconditionally agrees, upon receipt of notice as provided above, to pay to the Administrative Agent, for the account of the Australian Fronting Lender, such Lender’s Pro Rata Percentage of each such defaulted Australian Fronted Loan.

  • Upon written or fax notice to the Australian Fronting Lender and to the Administrative Agent, Terex may at any time permanently terminate, or from time to time in part permanently reduce, the Australian Fronting Commitment of the Australian Fronting Lender; provided, however, that the Australian Fronting Commitment of the Australian Fronting Lender shall not be reduced to an amount that is less than the Australian Fronted Loans of the Australian Fronting Lender at such time.

  • Upon such notice but without any further action, the Australian Fronting Lender hereby agrees to grant to each Multicurrency Revolving Credit Lender, and each Multicurrency Revolving Credit Lender hereby agrees to acquire from the Australian Fronting Lender, a participation in such defaulted Australian Fronted Loan equal to such Multicurrency Revolving Credit Lender’s Pro Rata Percentage in dollars of the aggregate principal amount of such defaulted Australian Fronted Loan.

  • Any Agent may resign as such Agent upon 30 days’ notice to the Lenders and the Borrowers; provided that any such resignation by Bank of America may, at the option of Bank of America, also constitute its resignation or the resignation of its Affiliates or any other Agent, L/C Issuer, Swing Line Lender, Canadian Fronting Lender, Australian Fronting Lender as any of them.

  • Each Multicurrency Revolving Credit Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds in the same manner as provided in Section 2.02(c) with respect to Loans made by such Lender (and Section 2.02(c) shall apply, mutatis mutandis, to the payment obligations of the Lenders) and the Administrative Agent shall promptly pay to the Australian Fronting Lender the amounts so received by it from the Multicurrency Revolving Credit Lenders.

  • The Administrative Agent shall notify the Australian Borrower of any participations in any Australian Fronted Loan acquired pursuant to this paragraph and thereafter payments in respect of such Australian Fronted Loan shall be made in dollars and to the Administrative Agent and not to the Australian Fronting Lender.

  • The Australian Fronting Lender shall notify the Australian Borrower and the Administrative Agent of the Australian Fronted Base Rate or the Bank Xxxx Rate or the Adjusted LIBO Rate, as applicable, applicable to any Australian Fronted Loans promptly following each determination thereof.

  • The Australian Borrower shall have the right at any time from time to time to prepay any Australian Fronted Loan, in whole or in part, upon giving written or fax notice (or telephone notice promptly confirmed by written, or fax notice) to the Australian Fronting Lender and to the Administrative Agent before 12:00 (noon), Local Time, two Business Days before the date of prepayment at the Australian Fronting Lender’s address for notices specified on Schedule 2.01.


More Definitions of Australian Fronting Lender

Australian Fronting Lender means Bank of America, National Association, Sydney Branch, in its capacity as Australian fronting lender under any of the Loan Documents, or any successor Australian fronting lender.
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Australian Fronting Lender means such a successor administrative agent and, if applicable, Letter of Credit issuer, Swing Line lender, Canadian fronting lender or Australian fronting lender, the term “Canadian Agent” shall mean such a successor Canadian agent, the term “Australian Agent” shall mean such a successor Australian agent, the retiring Agent’s appointment, powers and duties as such Agent shall be terminated and, if applicable, the retiring L/C Issuer’s or Applicable Fronting Lender’s rights, powers and duties as such shall be terminated, without any other or further act or deed on the part of such retiring L/C Issuer or Applicable Fronting Lender or any other Lender, other than the obligation of the successor L/C Issuer to issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or to make other arrangements satisfactory to the retiring L/C Issuer to effectively assume the obligations of the retiring L/C Issuer with respect to such Letters of Credit. After any retiring Agent’s resignation hereunder as such Agent, the provisions of this Article IX and Sections 10.04 and 10.05 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was such Agent under this Agreement. If no successor agent has accepted appointment as such Agent and been approved by AMS, to the extent required above, by the date which is 30 days following a retiring Agent’s notice of resignation, the retiring Agent’s resignation shall nevertheless thereupon become effective and the Lenders shall perform all of the duties of such Agent hereunder until such time, if any, as the Required Lenders appoint a successor agent as provided for above; provided that such Lenders acting in such capacity (individually or in the aggregate) shall be deemed to be such “Administrative Agent”, “Australian Agent”, or “Canadian Agent” (as the case may be) for the purposes of all provisions hereof and shall have the benefit of all indemnities applicable to such Agent hereunder.
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Related to Australian Fronting Lender

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • Fronting Bank means each Lender identified as a “Fronting Bank” on Schedule II and any other Lender (in each case, acting directly or through an Affiliate) that delivers an instrument in form and substance satisfactory to the Borrowers and the Administrative Agent whereby such other Lender (or its Affiliate) agrees to act as “Fronting Bank” hereunder and that specifies the maximum aggregate Stated Amount of Letters of Credit that such other Lender (or its Affiliates) will agree to issue hereunder.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

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

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

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

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • New Revolving Lender as defined in Section 2.24.

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

  • Exiting Lender see Section 2.17.7.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • LC means Letter of Credit

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Multicurrency LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Multicurrency Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Multicurrency LC Exposure of any Lender at any time shall be its Applicable Multicurrency Percentage of the total Multicurrency LC Exposure at such time.

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • Defaulting Lender Fronting Exposure means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Bank, such Defaulting Lender’s Applicable Percentage of the outstanding Letter of Credit obligations other than Letter of Credit obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.

  • Canadian Lender means any Lender that (a) is a Canadian chartered bank lending and receiving payment through Canadian offices and (b) has a Canadian Commitment.

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

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).