Examples of EPL Lenders in a sentence
To the extent funds are received from the Revolving Lenders or EPL Lenders, as applicable, the Administrative Agent shall make such funds available to the Borrower or EPL, as applicable, by wire transfer to the accounts the Borrower or EPL, as applicable, shall have specified in its Borrowing Request.
Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Revolving Lenders or EPL Lenders, as applicable.
Anything herein contained to the contrary notwithstanding, any determination or redetermination of the EPL Borrowing Base resulting in any increase of the EPL Borrowing Base in effect immediately prior to such determination or redetermination shall require the approval of all the EPL Lenders in their sole discretion in accordance with their respective customary practices and standards for oil and gas lending as they exist at the particular time.
Subject to the Creditor Restructuring Agreement and provided the Standstill Period has not expired or terminated, the Parent and each of the EPL Lenders hereby requests RBS and RBS agrees to extend the RBS Letter of Credit until five Business Days after the Restructuring Long Stop Date.
During the Standstill Period, no Creditor may assign, transfer or enter into any novation or sub-participation of its rights or obligations under this Agreement or under any of its Existing Agreements without the prior written consent of the Parent save that EPL Lenders may continue to transfer rights and obligations in accordance with the EPL Facility Agreement Provided each transferee accedes to this Agreement as an EPL Lender.
Provided the Standstill Period has not expired or terminated, the Parent and each of the EPL Lenders hereby requests RBS and RBS agrees to extend the RBS Letter of Credit for repeated periods of six months.
Pending the outcome of the vote of the EPL Lenders, the EPL Steering Committee agree not to take (unless it would be permitted under the terms of this Agreement) any action to require the EPL Facility Agent to declare an Event of Default under (and as defined in) the EPL Facility Agreement, or enforce any payment under the EPL Facility Agreement or the making of advances under the EPL SLA (including enforcement of security) subject to and as though bound by this Agreement.