Eligible Lenders definition
Examples of Eligible Lenders in a sentence
For purposes of this Section 2.16, the term "Eligible Lenders" means, with respect to any Extension Request, (i) all Lenders if no Lender's Commitment Termination Date had been extended pursuant to this Section 2.16 prior to the delivery to the Agent of such Extension Request, and (ii) in all other cases, those Lenders which had extended their Commitment Termination Date in the most recent extension of any Commitment Termination Date effected pursuant to this Section 2.16.
The finalised draft Amended Debt Restructuring Agreement (“Amended DRA”) in relation to the extension of the DRA has already been circulated to the Eligible Lenders.
The proceeds of the FRBB Loans shall be used solely for the purpose of financing the purchase of Participations from Eligible Lenders.
The parties to this Amendment agree that SunTrust and Key Bank are Eligible Lenders.
For purposes of this Section 2.16, the term "Eligible Lenders" means, with respect to any Extension Request, (i) all Lenders if no Lender's Commitment Termination Date had been extended pursuant to this Section 2.16 prior to the delivery to the Agents of such Extension Request, and (ii) in all other cases, those Lenders which had extended their Commitment Termination Date in the most recent extension of any Commitment Termination Date effected pursuant to this Section 2.16.