Examples of DSR Lender in a sentence
In consideration and in furtherance of the foregoing, each DSR Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent in Dollars, for the account of the applicable Issuing Bank, such DSR Lender’s Facility Percentage of each DSR L/C Disbursement made by such Issuing Bank not reimbursed by the Borrower on the date due as provided in paragraph (e) of this Section 2.05, or of any reimbursement payment required to be refunded to the Borrower for any reason.
For certainty, the DSR Facility is intended hereunder to be a non-fronted letter of credit facility, such that the DSR Lender with respect to any DSR Letter of Credit is the same entity as, or an Affiliate of, the Issuing Bank that has issued such DSR Letter of Credit.
The Borrower shall repay to Administrative Agent, for the account of each DSR Lender, in full on the Maturity Date, the unpaid principal amount of any DSR Loan made by such DSR Lender.
Individuals may not post on bulletin boards any sign advertising goods or services for sale.
In consideration and in furtherance of the foregoing, each DSR Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent, in Dollars, for the account of the applicable LC Issuer, such DSR Lender’s Proportionate Share of each Drawing Payment in respect of any Letter of Credit not reimbursed by Borrower on the date due as provided in Section 2.2.5, or of any reimbursement payment required to be refunded to the Borrower for any reason.
Subject to the terms and conditions set forth herein, each DSR Lender agrees, severally, but not jointly, to make one or more DSR Loans to Borrower from time to time during the applicable DSR Availability Period, in an aggregate principal amount that will not exceed such DSR Lender’s Unutilized DSR Loan Commitment at such time.
For the avoidance of doubt, with respect to the Available Amount of all Letters of Credit issued and outstanding at such time, such calculation shall not include the LC Issuer Commitments of the LC Issuers and shall be limited to the participation interests of each DSR Lender in the applicable Letters of Credit.
The Administrative Agent shall promptly notify each DSR Lender of each Notice of LC Activity and of each DSR Lender’s Proportionate Share of the KE 84627654aggregate amount available to be drawn under such Letter of Credit.
The Administrative Agent shall promptly notify each DSR Lender of each Notice of LC Activity and of each DSR Lender’s Proportionate Share of the aggregate amount available to be drawn under such Letter of Credit.
For the avoidance of doubt, with respect to the Available Amount of all Letters of Credit issued and outstanding at such time, such calculation shall not include the LC Issuer Commitments of the LC Issuers and shall be limited to the participation interests of each DSR Lender in the Letters of Credit.