Designated Lender definition

Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.
Designated Lender means a special purpose corporation that (i) shall have become a party to this Agreement pursuant to Section 9.6(d), and (ii) is not otherwise a Bank.
Designated Lender means, with respect to any Designating Lender, an Eligible Designee designated by it pursuant to Section 9.07(a) as a Designated Lender for purposes of this Agreement.

Examples of Designated Lender in a sentence

  • Each Designated Lender shall notify the Administrative Agent by the date specified by the Administrative Agent (which date shall be a Business Day) that either (A) such Designated Lender declines to accept its additional Commitments or (B) such Designated Lender consents to accept the offered Commitments.


More Definitions of Designated Lender

Designated Lender means, with respect to each Designating Lender, each Eligible Designee designated by such Designating Lender pursuant to Section 12.1.2.
Designated Lender shall have the meaning set forth in Section 2.17.
Designated Lender has the meaning specified in Section 2.07(a).
Designated Lender has the meaning specified in Section 2.18.
Designated Lender means a special purpose corporation which is an Affiliate of, or sponsored by, a Lender, that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least P-1 (or the then equivalent grade) by Moody’s or A-1 (or the then equivalent grade) by S&P that, in either case, (a) is organized under the laws of the United States of America or any state thereof, (b) shall have become a party to this Agreement pursuant to Section 12.5.(g) and (c) is not otherwise a Lender.
Designated Lender means a Defaulting Lender or a Downgraded Lender.
Designated Lender means any Person who has been designated by a Lender to fund Competitive Bid Loans.