Dutch Qualifying Lender definition
Examples of Dutch Qualifying Lender in a sentence
If a New Lender fails to indicate its status in accordance with this Section 3.10(e), then that New Lender shall be treated for the purposes of this Agreement (including by each Dutch Borrower) as if it is not a Dutch Qualifying Lender until such time as it notifies the Administrative Agent which category of Dutch Qualifying Lender applies.
If this Assignment and Acceptance relates to an assignment of any Tranche B-2 Term Loan in an amount less than the Sterling equivalent of Euro 50,000, the Assignee represents and warrants that, as of the Effective Date, it is a Dutch Qualifying Lender, if at such date it is a requirement under the Dutch Financial Supervision Act (Wet op het financieel toezicht), as amended from time to time, that such assignee be a Dutch Qualifying Lender.
For the purpose of the Dutch Financial Supervision Act (Wet op het financieel toezicht) each Lender party hereto on the Closing Date with a Tranche B-2 Term Loan Commitment represents on and as of the Closing Date that, if the amount of the Loans to be made by such Lender on the Closing Date to the Overseas Borrower is less than the Sterling equivalent of Euro 50,000, such Lender is a Dutch Qualifying Lender.