Examples of Dissenting Lenders in a sentence
Each Dissenting Lender hereby agrees to assign all or a portion of its Commitment and the amounts payable to it hereunder to a replacement lender identified by the Agent for its Lender Group in accordance with the preceding sentence, subject to ratable payment of such Dissenting Lender's Advances, together with all accrued and unpaid interest thereon, and a ratable portion of all fees and other amounts due to it hereunder.
If the Borrower exercises its rights under Sections 2.5(a) or 2.5(b), the 364 Day Tranche Repayment Date will be deemed extended for all Lenders, other than Dissenting Lenders, in accordance with the original request of the Borrower set out in the notice.
If more than one Approving Lender gives notice to the Administrative Agent that it wishes to acquire all or a portion of the rights and obligations of the Dissenting Lenders under the Facility, then each Approving Lender shall, subject to Section 2.8(b)((iii) be entitled to acquire its pro rata share of the rights and obligations of the Dissenting Lenders under the Facility.
If all of the rights and obligations of the Dissenting Lenders have not been acquired by Acquiring Lenders or Alternate Lenders or both or if all of the credit outstanding hereunder which has been extended by such Dissenting Lenders and all accrued and unpaid interest and fees thereon have not been repaid as aforesaid on or before the then current Conversion Date, there shall be no extension of the then current Conversion Date and Section 2.8(b)(v) shall apply.
If all of the rights and obligations of the Dissenting Lenders under the Credit Facility have been acquired by Acquiring Lenders or Substitute Lenders or both on or before the then current Maturity Date, the Extension Amendment shall become effective on the then current Maturity Date.
If not all of the rights and obligations of the Dissenting Lenders under the Credit Facility have been acquired by Acquiring Lenders or Substitute Lenders or both on or before the then current Maturity Date, there shall be no extension of the then current Maturity Date.
Such notice shall be given within 10 days following receipt of the notice from the Administrative Agent advising as to the Approving Lenders and the Dissenting Lenders pursuant to Section 2.8(b).
Any such acquisition will be effected through an assignment and substantially in accordance with Section 20.4. The Agent will notify the Borrowers of the acquisition pursuant to this Section 19.3 of any portion of the Commitments and the outstanding Borrowings of the Dissenting Lenders.
The Administrative Agent shall give written notice to Celestica within five days following the expiry of the time for Approving Lenders to give notice of acquisition pursuant to this Section 2.8(b)(ii), of the Commitments of the Dissenting Lenders so acquired.
The Administrative Agent shall give written notice to the Borrowers within two Banking Days following the expiry of the time for Consenting Lenders to give notice of acquisition pursuant to this Section 9.02(b), of the Individual Commitments of the Dissenting Lenders with respect to the Credit Facility to be so acquired.