Bilateral Lender definition

Bilateral Lender means each Lender

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 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.

• On the date on which the Bilateral Facility expires, is terminated or is canceled (the “Bilateral Facility Termination Date”), the Available Revolving Commitment of the Bilateral Lender shall be increased by an amount equal to its Bilateral Commitment, unless the Revolving Commitments shall have been previously terminated.

• The Obligors, jointly and severally, agree to pay upon demand to the Agent and the Bilateral Lender the amount of any and all expenses, including the fees and expenses of counsel for the Agent and the Bilateral Lender, which the Agent or the Bilateral Lender may incur in connection with the exercise or enforcement of any of the rights or interests of the Agent or the Bilateral Lender hereunder.

• 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.

• In addition, the UK Borrower and the Bilateral Lender shall, upon request by the Administrative Agent, promptly supply the Administrative Agent with any information relating to the operation of the Bilateral Facility (including the Bilateral Facility Exposure) as the Administrative Agent may reasonably request.

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

• The Bilateral Lender shall report in writing to the Administrative Agent on the first Business Day of each fiscal quarter (i) the Bilateral Facility Exposure for each day during the preceding fiscal quarter for the Bilateral Facility and (ii) the portion (expressed in Dollars) of its Bilateral Commitment that was unused on each day during the preceding fiscal quarter for the Bilateral Facility.

• The UK Borrower shall be permitted at any time to request the cancellation of the Bilateral Facility by delivery of a notice in writing to the Administrative Agent and the Bilateral Lender, specifying the proposed cancellation date.

• 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.

More Definitions of Bilateral Lender

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

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. “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 X-0, X-0, X-0 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 Xxxxxxx, Xxxxxxx, Xxxxxxx, Xxxxxxx 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, Xxx Xxxx Xxxx, Xxxxxxxxx, Xxxxxx, Xxxx Xxxx 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