{"component": "definition", "props": {"groups": [{"size": 446, "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "subject-to-section", "type": "clause", "offset": [20, 38]}, {"key": "business-days", "type": "clause", "offset": [105, 118]}, {"key": "comply-with", "type": "definition", "offset": [122, 133]}, {"key": "agreement-to", "type": "definition", "offset": [161, 173]}, {"key": "make-available", "type": "definition", "offset": [174, 188]}, {"key": "ratable-portion", "type": "definition", "offset": [193, 208]}, {"key": "a-borrowing", "type": "definition", "offset": [212, 223]}, {"key": "in-writing", "type": "clause", "offset": [311, 321]}, {"key": "conditions-precedent-to-funding", "type": "clause", "offset": [400, 431]}, {"key": "the-applicable", "type": "clause", "offset": [498, 512]}, {"key": "funding-obligations", "type": "definition", "offset": [715, 734]}, {"key": "based-on", "type": "definition", "offset": [808, 816]}, {"key": "public-statement", "type": "clause", "offset": [1038, 1054]}, {"key": "days-after", "type": "definition", "offset": [1109, 1119]}, {"key": "written-request", "type": "definition", "offset": [1120, 1135]}, {"key": "the-borrowers", "type": "definition", "offset": [1210, 1223]}, {"key": "provided-that", "type": "definition", "offset": [1296, 1309]}, {"key": "pursuant-to", "type": "definition", "offset": [1356, 1367]}, {"key": "this-clause", "type": "clause", "offset": [1368, 1379]}, {"key": "receipt-of", "type": "clause", "offset": [1422, 1432]}, {"key": "written-confirmation", "type": "clause", "offset": [1438, 1458]}, {"key": "with-respect-to", "type": "clause", "offset": [1475, 1490]}, {"key": "bank-insolvency-event", "type": "definition", "offset": [1499, 1520]}, {"key": "parent-company", "type": "clause", "offset": [1585, 1599]}, {"key": "subject-of", "type": "clause", "offset": [1637, 1647]}, {"key": "equity-interest", "type": "definition", "offset": [1774, 1789]}, {"key": "governmental-authority", "type": "definition", "offset": [1830, 1852]}, {"key": "determination-by-the-agent", "type": "clause", "offset": [1888, 1914]}, {"key": "conclusive-and-binding", "type": "clause", "offset": [1999, 2021]}, {"key": "manifest-error", "type": "definition", "offset": [2029, 2043]}, {"key": "notification-of", "type": "clause", "offset": [2132, 2147]}, {"key": "such-determination", "type": "definition", "offset": [2148, 2166]}, {"key": "the-banks", "type": "clause", "offset": [2201, 2210]}, {"key": "the-agent-will", "type": "clause", "offset": [2212, 2226]}, {"key": "send-to", "type": "definition", "offset": [2236, 2243]}, {"key": "parties-hereto", "type": "definition", "offset": [2248, 2262]}, {"key": "a-copy-of", "type": "clause", "offset": [2263, 2272]}, {"key": "notice-to-the", "type": "clause", "offset": [2277, 2290]}], "snippet": "means, at any time, subject to Section 2.18(d), (i) any Bank that has failed for two or more consecutive Business Days to comply with its obligations under this Agreement to make available its ratable portion of a Borrowing (each, a \u201cfunding obligation\u201d), unless such Bank has notified the Agent and a Borrower in writing that such failure is the result of such Bank\u2019s determination that one or more conditions precedent to funding has not been satisfied (which conditions precedent, together with the applicable default, if any, will be specifically identified in such writing), (ii) any Bank that has notified the Agent or a Borrower in writing, or has stated publicly, that it does not intend to comply with its funding obligations hereunder, unless such writing or statement states that such position is based on such Bank\u2019s determination that one or more conditions precedent to funding cannot be satisfied (which conditions precedent, together with the applicable default, if any, will be specifically identified in such writing or public statement), (iii) any Bank that has, for three or more Business Days after written request of the Agent or a Borrower, failed to confirm in writing to the Agent and the Borrowers that it will comply with its prospective funding obligations hereunder (provided that such Bank shall cease to be a Defaulting Bank pursuant to this clause (iii) upon the Agent\u2019s and the Borrowers\u2019 receipt of such written confirmation), (iv) any Bank with respect to which a Bank Insolvency Event has occurred and is continuing with respect to such Bank or its Parent Company, or (v) any Bank that has become the subject of a Bail-In Action; provided that a Bank shall not be a Defaulting Bank solely by virtue of the ownership or acquisition of any equity interest in such Bank or its Parent Company by a Governmental Authority or an instrumentality thereof. Any determination by the Agent that a Bank is a Defaulting Bank under any of clauses (i) through (v) above will be conclusive and binding absent manifest error, and such Bank will be deemed to be a Defaulting Bank (subject to Section 2.18(d)) upon notification of such determination by the Agent to the Borrowers and the Banks. The Agent will promptly send to all parties hereto a copy of any notice to the Borrowers provided for in this definition.", "samples": [{"hash": "3vrcbqZFu2J", "uri": "/contracts/3vrcbqZFu2J#defaulting-bank", "label": "Credit Agreement (Caterpillar Inc)", "score": 36.671459198, "published": true}, {"hash": "2Zk993IUGcW", "uri": "/contracts/2Zk993IUGcW#defaulting-bank", "label": "Credit Agreement (Caterpillar Financial Services Corp)", "score": 36.671459198, "published": true}, {"hash": "baQCFHUkgvQ", "uri": "/contracts/baQCFHUkgvQ#defaulting-bank", "label": "Credit Agreement (Caterpillar Inc)", "score": 35.6748809814, "published": true}], "hash": "4a556f04671d4d5e448f861e13710b69", "id": 1}, {"size": 195, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [15, 30]}, {"key": "bank-default", "type": "definition", "offset": [39, 51]}, {"key": "in-effect", "type": "definition", "offset": [55, 64]}], "snippet": "means any Bank with respect to which a Bank Default is in 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over to the Agent, the Swingline Bank or any other Bank any other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Bank notifies the Agent in writing that such failure is the result of such Bank\u2019s good faith determination that a condition precedent to funding (specifically identified and including the particular default, if any) has not been satisfied, (b) has notified the Borrower, the Agent, the Swingline Bank or any Bank in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Bank\u2019s good faith determination that a condition precedent (specifically identified and including the particular default, if any) to funding a loan under this Agreement cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by the Agent or the Swingline Bank, acting in good faith, to provide a certification in writing from an authorized officer of such Bank that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective Advances and participations in then outstanding Swingline Advances under this Agreement, provided that such Bank shall cease to be a Defaulting Bank pursuant to this clause (c) upon the Agent\u2019s or the Swingline Bank\u2019s receipt of such certification in form and substance satisfactory to it and the Agent, or (d) has become the subject of a Bankruptcy Event.", "samples": [{"hash": "7SM0Q5fIAKV", "uri": "/contracts/7SM0Q5fIAKV#defaulting-bank", "label": "Five Year Credit Agreement (3m Co)", "score": 25.5995883942, "published": true}, {"hash": "kDDKVujmTDE", "uri": "/contracts/kDDKVujmTDE#defaulting-bank", "label": "Five Year Credit Agreement (3m Co)", "score": 23.754278183, "published": 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period of five (5) Business Days after notice of such failure from Administrative Agent, or (z) shall fail to pay the Administrative Agent or any other Bank, as the case may be, upon demand, such Bank's Pro Rata Share of any costs, expenses or disbursements incurred or made by the Administrative Agent pursuant to the terms of the Loan Documents for a period of five (5) Business Days after notice of such failure from Administrative Agent, and in all cases, such failure is not as a result of a good faith dispute as to whether such advance is properly required to be made pursuant to the provisions of this Agreement, or as to whether such other performance or payment is properly required pursuant to the provisions of this Agreement.", "samples": [{"hash": "kLx4SvsBHM1", "uri": "http://pdf.secdatabase.com/379/0000950149-00-001314.pdf", "label": "pdf.secdatabase.com", "score": 19.4134941101, "published": false}, {"hash": "kmH8HeHb8gJ", "uri": "/contracts/kmH8HeHb8gJ#defaulting-bank", 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{"key": "other-bank", "type": "definition", "offset": [605, 615]}, {"key": "amount-required", "type": "clause", "offset": [626, 641]}, {"key": "in-respect-of", "type": "definition", "offset": [680, 693]}, {"key": "swingline-loans", "type": "definition", "offset": [734, 749]}, {"key": "comply-with", "type": "definition", "offset": [919, 930]}, {"key": "funding-obligations", "type": "definition", "offset": [935, 954]}, {"key": "public-statement", "type": "clause", "offset": [980, 996]}, {"key": "relates-to", "type": "definition", "offset": [1053, 1063]}, {"key": "a-loan", "type": "definition", "offset": [1095, 1101]}, {"key": "based-on", "type": "definition", "offset": [1145, 1153]}, {"key": "condition-precedent", "type": "clause", "offset": [1187, 1206]}, {"key": "days-after", "type": "definition", "offset": [1417, 1427]}, {"key": "written-request", "type": "definition", "offset": [1428, 1443]}, {"key": "provided-that", "type": "definition", "offset": [1626, 1639]}, {"key": "pursuant-to", "type": "definition", "offset": [1686, 1697]}, {"key": "this-clause", "type": "clause", "offset": [1698, 1709]}, {"key": "upon-receipt-of", "type": "definition", "offset": [1714, 1729]}, {"key": "written-confirmation", "type": "clause", "offset": [1735, 1755]}, {"key": "parent-company", "type": "clause", "offset": [1842, 1856]}, {"key": "subject-of", "type": "clause", "offset": [1882, 1892]}, {"key": "federal-bankruptcy-code", "type": "clause", "offset": [1916, 1939]}, {"key": "other-liquidation", "type": "clause", "offset": [1947, 1964]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [1995, 2034]}, {"key": "debtor-relief-laws", "type": "definition", "offset": [2116, 2134]}, {"key": "similar-person", "type": "definition", "offset": [2263, 2277]}, {"key": "federal-deposit-insurance-corporation", "type": "clause", "offset": [2362, 2399]}, {"key": "any-other-state", "type": "definition", "offset": [2403, 2418]}, {"key": "regulatory-authority", "type": "definition", "offset": [2430, 2450]}, {"key": "a-bank", "type": "clause", "offset": [2541, 2547]}, {"key": "equity-interest", "type": "definition", "offset": [2635, 2650]}, {"key": "governmental-authority", "type": "definition", "offset": [2718, 2740]}, {"key": "ownership-interest", "type": "definition", "offset": [2757, 2775]}, {"key": "jurisdiction-of-courts", "type": "definition", "offset": [2839, 2861]}, {"key": "within-the-united-states", "type": "clause", "offset": [2862, 2886]}, {"key": "enforcement-of-judgments", "type": "clause", "offset": [2899, 2923]}, {"key": "contracts-or-agreements", "type": "clause", "offset": [3061, 3084]}, {"key": "date-of", "type": "clause", "offset": [3262, 3269]}, {"key": "conclusive-and-binding", "type": "clause", "offset": [3292, 3314]}, {"key": "manifest-error", "type": "definition", "offset": [3322, 3336]}, {"key": "date-established", "type": "definition", "offset": [3431, 3447]}, {"key": "notice-of", "type": "definition", "offset": [3498, 3507]}, {"key": "such-determination", "type": "definition", "offset": [3508, 3526]}, {"key": "to-the-company", "type": "definition", "offset": [3581, 3595]}, {"key": "the-applicable", "type": "clause", "offset": [3597, 3611]}, {"key": "swingline-banks", "type": "definition", "offset": [3620, 3635]}, {"key": "promptly-following", "type": "clause", "offset": [3656, 3674]}], "snippet": "means, subject to Section 2.11(b), any Bank that (a) has failed to (i) fund all or any portion of its Loans as of the time required to be funded by it in accordance with Section 4.1 unless such Bank notifies the Administrative Agent and the Company in writing that such failure is the result of such Bank\u2019s determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been satisfied, or (ii) pay to the Administrative Agent, any Applicable Tranche Swingline Bank or any other Bank any other amount required to be paid by it hereunder (including in respect of its participation in Applicable Tranche Swingline Loans) in accordance with Section 2.14, (b) has notified the Company, the Administrative Agent, or any Applicable Tranche Swingline Bank in writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect (unless such writing or public statement relates to such Bank\u2019s obligation to fund a Loan hereunder and states that such position is based on such Bank\u2019s determination that a condition precedent to funding (which condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) has not been satisfied), (c) has failed, within three Business Days after written request by the Administrative Agent or the Company, to confirm in writing to the Administrative Agent and the Company that it will comply with its prospective funding obligations hereunder (provided that such Bank shall cease to be a Defaulting Bank pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Company), or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under the federal bankruptcy code or any other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws, (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity, or (iii) become the subject of a Bail-in Action; provided that a Bank shall not be a Defaulting Bank solely by virtue of the ownership or acquisition of any equity interest in that Bank or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Bank with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Bank (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Bank. Any determination by the Administrative Agent that a Bank is a Defaulting Bank under any one or more of clauses (a) through (d) above, and of the effective date of such status, shall be conclusive and binding absent manifest error, and such Bank shall be deemed to be a Defaulting Bank (subject to Section 2.11(b)) as of the date established therefor by the Administrative Agent in a written notice of such determination, which shall be delivered by the Administrative Agent to the Company, the Applicable Tranche Swingline Banks and each other Bank promptly following such determination.", "samples": [{"hash": "ggVxt14tKZX", "uri": "/contracts/ggVxt14tKZX#defaulting-bank", "label": "Credit Agreement (Cme Group Inc.)", "score": 33.3203277588, "published": true}, {"hash": "jYfB69Kegrc", "uri": "/contracts/jYfB69Kegrc#defaulting-bank", "label": "Credit Agreement (Cme Group Inc.)", "score": 32.3401794434, "published": true}, {"hash": "dakEQTo7Nx3", "uri": 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writing or public statement indicates that such position is based on such Bank\u2019s good faith determination that a condition precedent (specifically identified and including the particular default, if any) to funding a loan under this Agreement cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by the Agent, acting in good faith, to provide a certification in writing from an authorized officer of such Bank that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective Advances under this Agreement, provided that such Bank shall cease to be a Defaulting Bank pursuant to this clause (c) upon the Agent\u2019s receipt of such certification in form and substance satisfactory to it and the Agent, or (d) has become the subject of a Bankruptcy Event or a Bail-In Action.", "samples": [{"hash": "cpoATVGvbES", "uri": 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obligations hereunder, unless such writing or statement states that such position is based on such Bank\u2019s determination that one or more conditions precedent to funding cannot be satisfied (which conditions precedent, together with the applicable default, if any, will be specifically identified in such writing or public statement), (iii) any Bank that has, for three or more Business Days after written request of the Agent or a Borrower, failed to confirm in writing to the Agent and the Borrowers that it will comply with its prospective funding obligations hereunder (provided that such Bank shall cease to be a Defaulting Bank pursuant to this clause (iii) upon the Agent\u2019s and the Borrowers\u2019 receipt of such written confirmation), (iv) any Bank with respect to which a Bank Insolvency Event has occurred and is continuing with respect to such Bank or its Parent Company, or (v) any Bank that has become the subject of a Bail-In Action; provided that a Bank shall not be a Defaulting Bank solely by virtue of the ownership or acquisition of any equity interest in such Bank or its Parent Company by a Governmental Authority or an instrumentality thereof. Any determination by the Agent that a Bank is a Defaulting Bank under any of clauses (i) through (v) above will be conclusive and binding absent manifest error, and such Bank will be deemed to be a Defaulting Bank (subject to Section 2.18(d)) upon notification of such determination by the Agent to the Borrowers and the Banks. 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