Examples of CIRR Representative in a sentence
No Credit Party may assign any of its rights or transfer by novation any of its rights, obligations or interest hereunder or under any other Credit Document without the prior written consent of the Hermes Agent, the CIRR Representative, and the Lenders.
The Facility Agent shall furnish to the Borrower a determination of such a funding cost reflecting the respective determinations which the Facility Agent has received from the CIRR Representative and each of the Lenders, which determination will then be applicable to all Lenders.
None of the Facility Agent, a Lender or the CIRR Representative is required to provide to the Facility Agent (if applicable) or the Borrower evidence of how the determination of the funding cost has been made nor that it has been suffered.
The parties to this Agreement are aware that KfW IPEX will not enter into an Option A Refinancing Agreement with the CIRR Representative.
However, for the purposes of this Agreement, KfW IPEX will be deemed to have entered into an Option A Refinancing Agreement with the CIRR Representative in the form of Exhibit F.
The CIRR Representative has confirmed to the Facility Agent that all relevant Lenders have signed respective amendments to their Refinancing Agreements.
The Borrower agrees to pay on demand any additional imputed or calculative funding cost on the Deferred Loans incurred by a Lender or the CIRR Representative as a consequence of the parties entering into this Agreement which shall not exceed the difference between the interest payable on the Loan (other than the Deferred Loan) in accordance with the Credit Agreement and the interest payable on the Deferred Loans at the Floating Rate.
The Borrower agrees to pay on demand any additional imputed or calculative funding cost on the Second Deferred Loans incurred by a Lender or the CIRR Representative as a consequence of the parties entering into this Agreement which shall not exceed the difference between the interest payable on the Loan (other than the Second Deferred Loans) in accordance with the Credit Agreement and the interest payable on the Second Deferred Loans at the Floating Rate.
However, for the purposes of this Agreement, KfW IPEX will be deemed to have entered into an Option A Refinancing Agreement with the CIRR Representative in the form of Exhibit D.
In this Agreement, unless the context otherwise requires: CIRR Representative means KfW, acting in its capacity as CIRR mandatary in connection with the Credit Agreement.