Bilateral Lender definition

Bilateral Lender means each Lender

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Bilateral Lender means HSBC Bank Australia Limited ABN 48 006 434 162 in its capacity as lender under the Bilateral Agreement or any other Lender that succeeds HSBC Bank Australia Limited ABN 48 006 434 162 as a party to the Bilateral Agreement.

Bilateral Lender with respect to the Bilateral Facility, the Revolving Lender or the Affiliate of a Revolving Lender that has made the Bilateral Facility available pursuant Section 3.19.

Examples of Bilateral Lender in a sentence

• The rate and time of payment of interest, commission, fees and any other remuneration in respect of each Bilateral Facility shall be determined by agreement between the relevant Bilateral Lender and the Borrower of that Bilateral Facility based upon normal market rates and terms.

• Without limiting this paragraph, the relevant Australian Loan Party shall indemnify the Bilateral Lender against a recovery by the Bilateral Lender of the Turnover Money to the extent that (despite this paragraph), the relevant Australian Loan Party’s liability has been discharged by the recovery or payment.

• The Administrative Agent, each Additional Administrative Agent and each Additional Bilateral Lender shall, not later than 11:00 a.m. New York City time on the Business Day that immediately follows the applicable Calculation Date, provide to the Collateral Agents such information, together with any other information with respect thereto that the Collateral Agent may reasonably request.

• Subject to compliance with the requirements set forth in this Section 3.19, if the UK Borrower and a Revolving Lender agree, such Revolving Lender, in its capacity as the Bilateral Lender, shall be permitted to provide the Bilateral Facility on a bilateral basis to the UK Borrower, provided that the Bilateral Commitment shall not at any time exceed the Bilateral Commitment Limit.

• The Bilateral Lender shall have exclusive dominion and control, including the exclusive right of withdrawal, over such account.

• Without limiting this paragraph, the relevant Australian Loan Party shall indemnify NABthe Bilateral Lender against a recovery by NABthe Bilateral Lender of the Turnover Money to the extent that (despite this paragraph), the relevant Australian Loan Party’s liability has been discharged by the recovery or payment.

• The foregoing covenants are intended for the mutual benefit of the Bank and each other Bilateral Lender, and the Borrower and the Bank agree, with respect to the Agreement, that each other Bilateral Lender shall be a third party beneficiary of, and shall have the right to enforce, the foregoing covenants.

• Any such request shall specify the principal amount and maturity date of the Bilateral Option Loans for which the Borrower is requesting offers, and the time by which offers to make such Bilateral Option Loans must be made by such Requested Bilateral Lender and by which such offers shall be accepted or rejected by such Borrower.

• Prior to a Distress Event, the Debtors may make, and the Senior Lender and/or Bilateral Lender (as the case may be) may receive, Payments of the Senior Lender Liabilities and the Bilateral Liabilities at any time in accordance with the Senior Finance Documents and the Bilateral Documents.

• Subject to compliance with the requirements set forth in this Section 3.19, if the UK Borrower and a Revolving Lender agree, such Revolving Lender or its designated Affiliate, in its capacity as the Bilateral Lender, shall be permitted to provide the Bilateral Facility on a bilateral basis to the UK Borrower, provided that the Bilateral Commitment shall not at any time exceed the Bilateral Commitment Limit.

More Definitions of Bilateral Lender

Bilateral Lender means National Australia Bank Limited in its capacity as lender under the Bilateral Agreement or any other Lender that succeeds National Australia Bank Limited as a party to the Bilateral Agreement.

Bilateral Lender means HSBC Bank Australia Limited ABN 48 006 434 162 in its capacity as lender under the Bilateral Agreement or any other Lender that succeeds HSBC Bank Australia Limited ABN 48 006 434 162 as a party to the Bilateral Agreement. “Board” shall mean the Board of Governors of the Federal Reserve System of the United States of America. “Borrower Materials” shall have the meaning assigned to such term in Section 5.04. “Borrowers” shall have the meaning assigned to such term in the preamble hereto.

Bilateral Lender means any lender which executes and delivers a Letter Agreement with the Borrower.

Bilateral Lender means HSBC Bank Australia Limited ABN 48 006 434 162 in its capacity as lender under the Bilateral Agreement or any other Lender that succeeds HSBC Bank Australia Limited ABN 48 006 434 162 as a party to the Bilateral Agreement. “Board” shall mean the Board of Governors of the Federal Reserve System of the United States of America. “Borrower Materials” shall have the meaning assigned to such term in Section 5.04. “Borrowers” shall have the meaning assigned to such term in the preamble hereto. “Borrowing” shall mean a Canadian Revolving Borrowing, a Canadian Term Borrowing, an Australian Revolving Borrowing, a U.S. Revolving Borrowing or a Swing Line Borrowing. “Borrowing Request” shall mean a request by a Borrower in accordance with the terms of Section 2.03 and substantially in the form of Exhibit ▇-▇, ▇-▇, ▇-▇ or B-4, as applicable, or such other form as shall be reasonably approved by the Applicable Administrative Agent. “Breakage Event” shall have the meaning assigned to such term in Section 2.15. “Business Day” shall mean (a) when used in connection with a Loan, Letter of Credit or payment denominated in U.S. dollars, any day other than a Saturday, Sunday or any day on which banks in Houston and New York City are authorized or required by law to close; provided, however, that when used in connection with a Eurocurrency Loan, the term “Business Day” shall also exclude any day on which banks are not open for dealings in deposits in U.S. dollars in the London interbank market, (b) when used in connection with the Canadian Term Loan, a Canadian Revolving Credit Loan, a Canadian Letter of Credit or a payment under the Canadian Term Loan Facility or the Canadian Revolving Credit Facility, any day other than a Saturday, Sunday or any day on which banks in ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ and Montreal, Quebec are authorized or required by law to close, (c) when used in connection with an Australian Revolving Credit Loan, Australian Letter of Credit or payment denominated in Australian dollars or U.S. dollars under the Australian Revolving Credit Facility, any day other than a Saturday, Sunday or any day on which banks in Houston, ▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ or Sydney, Australia are authorized or required by law to close and (d) when used in connection with a Letter of Credit or

Bilateral Lender means each Senior Lender which makes a Bilateral Facility available pursuant to the terms of the Senior Facilities Agreement