Electing Lender definition

Electing Lender has the meaning specified in Section 2.16(f)(i).
Electing Lender has the meaning given to it in Section 2.16.1.
Electing Lender has the meaning attributed to it in Section 3.3(b).

Examples of Electing Lender in a sentence

  • For the purpose of voting or consenting to matters with respect to the Loan Documents such modifications shall also reflect the removal of voting rights of the Defaulting Lender and increase in voting rights of Electing Lenders to the extent an Electing Lender has funded the Defaulting Lender Amount.

  • In the event any Electing Lender has made a Further Election, the reduction of all Revolving Credit Commitments contemplated by the second preceding sentence will instead be made in an aggregate amount to reflect the New Revolving Amount of the New Revolving Commitment Lenders and the new commitments of all Electing Lenders making a Further Election.

  • Amounts payable to a Defaulting Lender shall be paid by Administrative Agent to reimburse Administrative Agent and any Electing Lender pro rata for all Defaulting Lender Payment Amounts.

  • Amounts payable to a Defaulting Lender shall be paid by Administrative Agent to reimburse Administrative Agent and any Electing Lender pro rata for all Defaulting Lender Amounts funded by such Persons.

  • For the purpose of voting or consenting to matters with respect to the Loan Documents such modifications shall also reflect the removal of voting rights of the Defaulting Lender and increase in voting rights of Electing Lenders to the extent an Electing Lender has funded the Defaulting Lender Amount and assumed the Defaulting Lender Obligation.


More Definitions of Electing Lender

Electing Lender has the meaning set forth in Section 2.08(d)(iii).
Electing Lender shall have the meaning set forth in Section 2.1.7(d).
Electing Lender. Election Notice"; "Election Period" -- Have the respective meanings specified in Section 7.16.
Electing Lender means a Non-Defaulting Lender who delivers an Election Notice.
Electing Lender. Election Notice" and "Election Period" have the respective meanings specified in Section 10.18.
Electing Lender has the meaning specified in Section 2.17(f)(i).”
Electing Lender has the meaning set forth in Section 1.15.1 of this Agreement.