Bidder Lender definition
Examples of Bidder Lender in a sentence
The Administrative Agent shall promptly notify each Bidder Lender by telephone or facsimile of each such request for a Competitive Bid Borrowing received by it from a Borrower and of the contents of the related Notice of Competitive Bid Borrowing.
The terms of each Competitive Bid Loan shall be evidenced by the respective correspondence between Workflow and the respective Bidder Lender pursuant to Section 1.04 and, unless otherwise agreed by Workflow and the respective Bidder Lender or unless the respective Bidder Lender makes a request pursuant to the immediately succeeding sentence, Competitive Bid Loans shall not be evidenced by promissory notes.
Borrower hereby agrees to pay interest in respect of the unpaid principal amount of each Competitive Bid Loan made to it from the date the proceeds thereof are made available to it until maturity thereof (whether by acceleration, prepayment or otherwise) at a rate or rates per annum specified by a Bidder Lender or Bidder Lenders, as the case may be, pursuant to Section 1.04(b) and accepted by the U.S. Borrower pursuant to Section 1.04(c).
If requested by any Bidder Lender, the Borrowers agree to execute and deliver a promissory note, in form reasonably satisfactory to the respective Bidder Lender, evidencing the Competitive Bid Loans of such Bidder Lender to the Borrowers (with any such promissory notes herein called “Competitive Bid Notes”).
The Agent shall promptly notify each Bidder Lender of each such request for a Competitive Bid Borrowing received by it from Workflow by telecopying to each such Bidder Lender a copy of the related Notice of Competitive Bid Borrowing.
The terms of each Competitive Bid Loan shall be evidenced by the respective correspondence between the Borrower and the respective Bidder Lender pursuant to Section 1.04 and, unless otherwise agreed by the Borrower and such Bidder Lender or unless the respective Bidder Lender makes a request pursuant to the immediately succeeding sentence, Competitive Bid Loans shall not be evidenced by promissory notes.
If requested by any Bidder Lender, the Borrower agree to execute and deliver a promissory note, in form reasonably satisfactory to the respective Bidder Lender, evidencing the Competitive Bid Loans of such Bidder Lender to the Borrower (with any such promissory notes herein called “Competitive Bid Notes”).
The Administrative Agent shall promptly notify each Bidder Lender of each such request for a Competitive Bid Borrowing received by it from a Borrower and of the contents of the related Notice of Competitive Bid Borrowing; provided that no Notice of Competitive Bid Borrowing may be given by the U.S. Borrower within 5 Business Days (or such other number of days as the U.S. Borrower and the Administrative Agent may agree to) of any previous Notice of Competitive Bid Borrowing.
The terms of each Competitive Bid Loan shall be evidenced by the respective correspondence between the Borrowers and the respective Bidder Lender pursuant to Section 1.04 and, unless otherwise agreed by the Borrowers and such Bidder Lender or unless the respective Bidder Lender makes a request pursuant to the immediately succeeding sentence, Competitive Bid Loans shall not be evidenced by promissory notes.
The Administrative Agent shall promptly notify each Bidder Lender of each such request for a Competitive Bid Borrowing received by it from the Borrowers by telecopying to each such Bidder Lender a copy of the related Notice of Competitive Bid Borrowing.