Competitive Loan Lender definition

Competitive Loan Lender means, in respect of any Competitive Loan, the Revolving Lender making such Competitive Loan to the Borrower.
Sample 1Sample 2Sample 3
Competitive Loan Lender each Lender that has agreed to offer to make Competitive Loans hereunder and each other Lender that shall hereafter be designated as a Competitive Loan Lender in accordance with the provisions of Sections 11.7 and 11.10.
Sample 1Sample 2Sample 3
Competitive Loan Lender each Lender that has agreed to offer to make Competitive Loans hereunder.
Sample 1Sample 2

Examples of Competitive Loan Lender in a sentence

  • The Administrative Agent shall notify each Competitive Loan Lender promptly by facsimile transmission of the contents of each Competitive Loan Request received by the Administrative Agent.

  • The Administrative Agent shall notify each Competitive Loan Lender promptly by facsimile transmission of the contents of such Competitive Loan Request received by the Administrative Agent.


More Definitions of Competitive Loan Lender

Competitive Loan Lender means, in respect of any Competitive Loan, the Revolving Lender making such Competitive Loan to the Borrower. “Competitive Loan Sublimit” means, at any time, 50% of the aggregate Revolving Credit Commitments of all Revolving Lenders at such time. TheCompetitive Loan Sublimit is part of, and not in addition to, the Revolving Credit Facility. “Compliance Certificate” means a certificate substantially in the form of Exhibit E.
Sample 1

Related to Competitive Loan Lender

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Company.

  • Competitive Loan means a Loan made pursuant to Section 2.04.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Eurodollar Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference to the LIBO Rate in accordance with the provisions of Article II.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Competitive Bid Loan means a Competitive Bid LIBOR Loan or a Competitive Bid Absolute Rate Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Competitive Bid Advance means an advance by a Lender to any Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • New Revolving Lender as defined in Section 2.24.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.