Counterpart Lender definition

Counterpart Lender. (a) as to any U.S. Lender, the Canadian Lender (if any) set forth opposite such U.S. Lender's name in Schedule I under the heading "Counterpart Lender" and (b) as to any Canadian Lender, the U.S. Lender set forth opposite such Canadian Lender's name in Schedule I under the heading "Counterpart Lender".
Sample 1Sample 2Sample 3
Counterpart Lender as to any Canadian Lender, the US Affiliate or US branch office through which it intends to fund Canadian Revolving Loans to the US Borrower, as set forth opposite such Canadian Lender's name in the signature pages to the Joinder Agreement or New Lender Supplement pursuant to which it became a party to this Agreement.
Sample 1
Counterpart Lender means, as to any Canadian Lender, the US Affiliate or US branch office through which it intends to fund Canadian Revolving Loans to the US Borrower, as set forth opposite such Canadian Lender’s name in the Canadian Commitment Schedule or Assignment and Assumption pursuant to which it became a party to this Agreement.
Sample 1

Examples of Counterpart Lender in a sentence

  • Each U.S. Common Lender and its Counterpart Lender may make such election no more often than once in any year.

  • Each U.S. Common Lender and its Counterpart Lender may elect, upon notice to the U.S. Borrowers and the Administrative Agents, to have all or a portion of the facility fees owed to such U.S. Common Lender by the U.S. Borrower paid by the Canadian Borrower in Canadian Dollars directly to the Canadian Administrative Agent for the account of such U.S. Common Lender's Counterpart Lender.

  • Each U.S. Common Lender and its Counterpart Lender may elect, upon notice to the U.S. Borrowers and the Administrative Agents, to have all or a portion of the Utilization Fee owed to such U.S. Common Lender by the U.S. Borrower paid by the Canadian Borrower in Canadian Dollars directly to the Canadian Administrative Agent for the account of such U.S. Common Lender's Counterpart Lender.

  • Each of the US Lenders acknowledge on the Effective Date that Schedule 4.2 hereto sets forth (i) the legal names of the Affiliates of such US Lenders that are intended to provide such Canadian Revolving Loan Commitments, (ii) the name of the applicable Counterpart Lender and (iii) the percentage of the Requested Canadian Revolving Loan Commitment that each will assume on and after the Canadian Trigger Date.

  • Each U.S. Common Lender and its Counterpart Lender may elect, upon notice to the Borrowers and the Administrative Agents, to have all or a portion of the facility fees owed to such U.S. Common Lender by the U.S. Borrower paid by the Canadian Borrower in Canadian Dollars directly to the Canadian Administrative Agent for the account of such U.S. Common Lender's Counterpart Lender.

  • Canadian Revolving Loans made to the US Borrower by any Canadian Lender shall be funded by such Canadian Lender's Counterpart Lender.

  • The Joinder Agreement shall, among other things, set forth the Canadian Revolving Loan Commitment of each of the Canadian Lenders (and the name of the Counterpart Lender of such Canadian Lender).

Related to Counterpart Lender

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • New Lender as defined in Section 2.24(b).

  • Affiliated Lender Assignment and Assumption means an assignment and assumption entered into by a Lender and an Affiliated Lender (with the consent of any party whose consent is required by Section 9.05) and accepted by the Administrative Agent in the form of Exhibit A-1 or any other form approved by the Administrative Agent and the Borrower.

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • New Lender Supplement as defined in Section 2.1(c).

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Assigning Lender means as specified in Section 13.8(b).

  • Assignee Lender is defined in Section 11.11.1.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • Non-BA Lender means any Lender which is not a BA Lender.

  • Designating Lender has the meaning specified in Section 8.07(h).

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • L/C Lender a Lender with an L/C Commitment.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • New Revolving Lender as defined in Section 2.24.

  • Commitment Transfer Supplement means a document in the form of Exhibit 16.3 hereto, properly completed and otherwise in form and substance satisfactory to Agent by which the Purchasing Lender purchases and assumes a portion of the obligation of Lenders to make Advances under this Agreement.

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).