Examples of Combined Lender in a sentence
For greater certainty, the requirement of a bond is not to be construed to prevent an enterprise organized under the laws of a foreign country from establishing in Guatemala.
If the amounts then held by the Global Administrative Agent are insufficient for such purpose, then each other Combined Lender shall pay to such Person as directed by such court and/or purchase participations upon demand in an amount equal to a ratable portion of such payment according to the aggregate amounts distributed to such Person as directed by such court by the Global Administrative Agent so that the pro rata treatment contemplated by Section 3.2(c) is achieved.
From time to time following the occurrence of a Global Borrowing Base Deficiency, U.S. Borrowing Base Deficiency or the Sharing Date, each Combined Lender shall promptly provide its Administrative Agent with all necessary information to enable the Global Administrative Agent to calculate U.S. Obligations or Canadian Obligations, or the Sharing Percentages of the Combined Lenders.
Notwithstanding any other provision of this Agreement or any other Combined Loan Document to the contrary, no Canadian Payments shall be applied to, or utilized by the Global Administrative Agent or any Combined Lender to satisfy, any obligation, fee, expense, indemnity or other amount other than the Canadian Obligations in the manner set forth in this Section 3.2(a).
All payments to any Combined Lender hereunder shall be made to it, to the extent practicable, in accordance with the provisions of the relevant Combined Credit Agreement.