Class A Lender Group definition
Examples of Class A Lender Group in a sentence
Each Class A Managing Agent shall allocate all payments received by it from Paying Agent under this Section 2.13(c) to the Class A Revolving Lenders in the related Class A Lender Group.
The failure of any Class A Revolving Committed Lender to make Class A Revolving Loans hereunder shall not release the obligations of any other Class A Revolving Committed Lender (whether or not in the same Class A Lender Group) to make Loans hereunder, but no Class A Revolving Committed Lender shall be responsible for the failure of any other Class A Revolving Committed Lender to make any Class A Revolving Loan hereunder.
Paying Agent shall maintain at its Principal Office a register for the recordation of the names and addresses of the Class A Lender Groups and the Class B Revolving Lenders and the Revolving Commitments and Loans of each Class A Lender Group and Class B Revolving Lender from time to time (the “Register”).
If a Class A Revolving Conduit Lender declines to fund any portion of the Class A Revolving Loans requested of the Class A Lender Group of which it is a member in a Funding Notice, the Borrower may cancel and rescind such Funding Notice in its entirety upon notice thereof received by the Administrative Agent and each Class A Managing Agent prior to the close of business on the Business Day immediately prior to the proposed Credit Date.
If a Class A Revolving Conduit Lender declines to fund any portion of the Class A Revolving Loans requested of the Class A Lender Group of which it is a member in a Funding Notice, Company may cancel and rescind such Funding Notice in its entirety upon notice thereof received by the Administrative Agent and each Class A Managing Agent prior to the close of business on the Business Day immediately prior to the proposed Credit Date.
The Class A Managing Agent for the Deutsche Bank Class A Lender Group shall have received a letter from DBRS, Inc.
The Class A Managing Agent for the Gemini Class A Lender Group shall have received, to the extent required, evidence satisfactory to it that this Agreement will not result in a reduction or withdrawal of the rating of the Commercial Paper issued by the Class A Revolving Conduit Lender in the Gemini Class A Lender Group by any rating agency then rating such Commercial Paper.
The Borrower also agrees to pay interest in like money to the Class A Loan Note Holder, for the benefit of the Class A Lenders in its Class A Lender Group, on the unpaid principal amount of each such Class A Advance from time to time from the date hereof until payment in full thereof at the rate or rates and on the dates set forth in the Credit Agreement.
The Class A Managing Agent for the Deutsche Bank Class A Lender Group shall have received an e-mail notification from DBRS, Inc.
If there is more than one Committed Lender in a Lender Group, each such Committed Lender shall lend its Pro Rata Share of such Lender Group’s Class A Lender Group Percentage of each Class A Loan and shall lend its Pro Rata Share of such Lender Group’s Class B Lender Group Percentage of each Class B Loan, to the extent not loaned by the related Conduit Lender.