Delayed Funding Lender definition

Delayed Funding Lender shall have the meaning set forth in Section 2.4(E).
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Delayed Funding Lender. As of any date of determination, each Lender party to this Agreement.
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Delayed Funding Lender means a Committed Lender that delivers a Delayed Funding Certificate in accordance with to Section 2.02(g).
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Examples of Delayed Funding Lender in a sentence

  • A Delayed Funding Lender is not obliged to fund until thirty-five (35) days have elapsed since the funding request.

  • Such Delayed Funding Lender shall fund such Delayed Funding Reimbursement Amount on such Delayed Funding Date by paying such amount to the Administrative Agent in immediately available funds, and the Administrative Agent shall distribute such funds to each such Non-Delayed Funding Lender, pro rata based on the relative amount of such Delayed Amount funded by such Non-Delayed Funding Lender on such Funding Date pursuant to Section 2.4(F).

  • For the avoidance of doubt, a Delayed Funding Lender shall be required to fund its Delayed Amount regardless of the occurrence of an Amortization Event, Event of Default, Potential Amortization Event or Potential Default which occurs during the period from and including the related Funding Date to and including the related Delayed Funding Date, unless such Amortization Event, Event of Default, Potential Amortization Event or Potential Default relates to an Insolvency Event with respect to the Borrower.

  • For the avoidance of doubt, no Delayed Funding Lender that has provided a Delayed Funding Notice in respect of an Advance shall be considered to be in default of its obligation to fund its Delayed Amount or be treated as a Defaulting Lender hereunder unless and until it has failed to fund the Delayed Funding Reimbursement Amount or the Second Delayed Funding Notice Amount on the related Delayed Funding Date in accordance with this Section 2.2(e)(iv).

  • Such designation shall remain in effect until such time as the related Delayed Funding Lender Agent issues a written notice to the Administrative Agent and the Servicer withdrawing such designation (a “Delayed Funding De-Designation Notice”) which notice shall be effective as of the date of such notice or as of such later date specified therein (the “Delayed Funding De-Designation Date”).

  • For the avoidance of doubt, the SPV acknowledges and agrees that the “charges” provided for in the Delayed Funding Notice pursuant to clause (x) above may be external charges incurred by the Delayed Funding Lender or internal charges incurred by any business of the Delayed Funding Lender’s interests or obligations hereunder.

  • For the avoidance of doubt, a Delayed Funding Lender shall be required to fund its Delayed Amount regardless of the occurrence of an Amortization Event, Event of Default, Potential Amortization Event or Potential Default which occurs during the period from and including the related Borrowing Date to and including the related Delayed Funding Date, unless such Amortization Event, Event of Default, Potential Amortization Event or Potential Default relates to an Insolvency Event with respect to the Borrower.

  • Such Delayed Funding Lender shall fund such Delayed Funding Reimbursement Amount on such Delayed Funding Date by paying such amount to the Agent in immediately available funds, and the Agent shall distribute such funds to each such Non-Delayed Funding Lender, pro rata based on the relative amount of such Delayed Amount funded by such Non-Delayed Funding Lender on such Borrowing Date pursuant to Section 2.4(E).

  • A Delayed Funding Lender is not obliged to fund until thirty-five [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed.

  • For the avoidance of doubt, no Delayed Funding Lender that has provided a Delayed Funding Notice in respect of an Advance shall be considered to be in default of its obligation to fund its Delayed Amount or be treated as a Defaulting Lender hereunder unless and until it has failed to fund the Delayed Funding Reimbursement Amount or the Second Delayed Funding Notice Amount on the related Delayed Funding Date in accordance with this Section 2.2(e)(iv) .


More Definitions of Delayed Funding Lender

Delayed Funding Lender is defined in Section 2.2(c).
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Delayed Funding Lender has the meaning set forth in Section 2.03(f). “Delayed Funding Notice” has the meaning set forth in Section 2.03(f). “Delayed Funding Notice Date” has the meaning set forth in Section 2.03(f). 747656567 17557858 19 Fifth Amended and Restated Warehouse Loan Agreement
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Delayed Funding Lender has the meaning set forth in Section 2.03(f). “Delayed Funding Notice” has the meaning set forth in Section 2.03(f). “Delayed Funding Notice Date” has the meaning set forth in Section 2.03(f). “Delaying Lender” has the meaning set forth in Section 2.03(f). “Depositary” means Wilmington Trust Company, or a successor thereto appointed pursuant to the Depository Agreement. “Depositary’s Office” means the Depositary’s address as set forth and identified as such in Schedule 11.01, or such other address as the Depositary may from time to time notify to the Agent, the Borrower and the Lenders. “Depository Account” means the Depository Account established by the Depositary pursuant to the Depository Agreement.
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Related to Delayed Funding Lender

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

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

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

  • Exiting Lender see Section 2.17.7.

  • PPP Lender means JPMorgan Chase Bank, N.A.

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

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

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

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

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

  • Approved Funding has the meaning ascribed to it in Schedule B.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

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

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Extending Lenders has the meaning specified in Section 2.08.

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

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • 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.

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

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).