Committed Lender definition

Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

Committed Lender means any Lender that is designated as a Committed Lender in a Lender Supplement or in the Assignment and Acceptance pursuant to which it became a party to this Agreement, and any assignee of such Lender to the extent of the portion of such Lender Group’s Commitment assumed by such assignee pursuant to its respective Assignment and Acceptance.

Committed Lender or “Committed Lenders” means (a) collectively, the Class A Committed Lenders and the Class B Committed Lenders, and (b) individually, a Class A Committed Lender or a Class B Committed Lender.

Examples of Committed Lender in a sentence

• The obligation of the Committed Lender in each Lender Group to remit any Advance shall be several from that of the other Lenders, and the failure of any Committed Lender to so make such amount available to its Agent shall not relieve any other Committed Lender of its obligation hereunder.

• Upon its receipt of an Assignment and Acceptance Agreement executed and delivered by an assigning Committed Lender and an Eligible Assignee or assignee Committed Lender, the Administrative Agent shall, if such Assignment and Acceptance Agreement has been duly completed, (i) accept such Assignment and Acceptance Agreement, (ii) record the information contained therein in the Register and (iii) give prompt notice thereof to the Borrower and the Servicer.

• The failure of any Committed Lender to make Loans hereunder shall not release the obligations of any other Committed Lender (whether or not in the same Lender Group) to make Loans hereunder, but no Committed Lender shall be responsible for the failure of any other Committed Lender to make any Loan hereunder.

• We are aware that the prospective payment of estimated costs creates an incentive to overstate low-income cost sharing, and are interested in ensuring that our interim payments are not excessive.

• In connection with any permanent reduction of the Facility Amount under this Section 2.5(a), the Commitment of each Committed Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Committed Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount.

More Definitions of Committed Lender

Committed Lender means a Lender listed on Schedule 1.01 and shown as having a Commitment hereunder as of the Closing Date or which thereafter acquires a Commitment hereunder in accordance with Section 11.06(b).

Committed Lender means each entity designated as a “Committed Lender” on Schedule 1 to the U.S. Receivables Loan Agreement and any Acquiring Lender designated as a Committed Lender in the applicable Transfer Agreement.

Committed Lender means any financial institution identified as such on Schedule I with a Commitment hereunder, and any other financial institution that becomes a Committed Lender in accordance with the terms hereof pursuant to an Assignment and Assumption Agreement, but excluding any such Person that ceases to be a Committed Lender hereunder pursuant to the sale of all of its Loan Amount and Commitment pursuant to one or more Assignment and Assumption Agreements.

Committed Lender means, as to any Lender Group, each of the financial institutions identified on Schedule I (or in any applicable Assignment and Acceptance or Joinder Agreement) as a “Committed Lender” for such Lender Group, together with its successors and permitted assigns.

Committed Lender means any financial institution identified as such on Annex B with a Commitment hereunder, and any other financial institution which may from time to time become a Committed Lender hereunder by executing and delivering a Joinder Supplement to the Administrative Agent, the Collateral Agent, the Collateral Manager and the Borrower as contemplated by Section 2.1(d) (and for purposes of Section 2.12 and Section 2.13 of this Agreement any successor, assignee or participant).

Committed Lender means (a) each of the Gotham Liquidity Banks, (b) each of the PARCO Liquidity Banks, (c) each of the Xxxxxxxx Liquidity Banks, (d) each of the CAFCO Liquidity Banks, and (e) each of the Atlantic Liquidity Banks.

Committed Lender means, with respect to a Noncommitted Lender, each financial institution party to this Agreement designated as a “Committed Lender” with respect to such Noncommitted Lender, and any assignee of such Committed Lender pursuant to Article XVI to the extent such assignee has assumed a portion of the Commitment of such Committed Lender.