Borrower Affiliated Lender definition

Borrower Affiliated Lender means any Lender that is (or has granted a participation (but only to the extent of such participation) to or for the benefit of) the Borrower, the Collateral Manager or an Affiliate of the Borrower or the Collateral Manager.
Borrower Affiliated Lender means any Lender that is (or has granted a participation (but only to the extent of such participation) under this Agreement to or for the benefit of) the Borrower, the Collateral Manager or an Affiliate of the Borrower or the Collateral Manager.
Borrower Affiliated Lender means any Lender that, together with its Affiliates, has a direct or indirect beneficial ownership of Equity Interests of Holdings in an amount greater than twenty percent (20%) of the outstanding Equity Interests of Holdings on a fully diluted basis.

Examples of Borrower Affiliated Lender in a sentence

  • Each Borrower Affiliated Lender shall provide written notice to the Collateral Agent and the Administrative Agent stating that it is a Borrower Affiliated Lender promptly upon becoming a Lender hereunder.


More Definitions of Borrower Affiliated Lender

Borrower Affiliated Lender means any Lender that is (or has granted a participation (but only to the extent of such participation) to or for the benefit of) the Borrower, the Collateral Manager, the Seller under the Loan Sale Agreement or an Affiliate of the foregoing; provided that, in determining whether any Agent shall be protected in relying on any request, demand authorization, direction, notice, consent, or waiver, only Loans that an Administrative Officer of such Agent has actual knowledge to be held or beneficially owned by a Borrower Affiliated Lender shall be taken into consideration.

Related to Borrower Affiliated Lender

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Borrower as defined in the preamble hereto.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Approved Lender is defined in Section 12.1.