Existing Lender definition

Existing Lender were references to all the Lenders immediately prior to the relevant increase;
Existing Lender shall have the meaning provided in Section 13.01.
Existing Lender has the meaning given to it in Clause 23.1 (Assignments and transfers by the Lenders).

Examples of Existing Lender in a sentence

  • The Facility Agent must promptly notify the Existing Lender and the New Lender if there are any such requirements.

  • On the transfer becoming effective in this manner the Existing Lender will be released from its obligations under this Agreement to the extent that they are transferred to the New Lender.

  • The Borrower will be deemed to have given its consent five Business Days after the Existing Lender has requested it unless consent is expressly refused by the Borrower within that time.

  • The Company will be deemed to have given its consent five Business Days after the Existing Lender has requested it unless consent is expressly refused by the Company within that time.

  • A New Lender shall be bound by any consent, waiver, election or decision given or made by the relevant Existing Lender under or pursuant to any Finance Document prior to the coming into effect of the relevant assignment or transfer to such New Lender.


More Definitions of Existing Lender

Existing Lender means the lender identified on Exhibit H.
Existing Lender means an existing Lender with a “Revolving Commitment” under the Original Credit Agreement immediately prior to the Restatement Effective Date.
Existing Lender means a “Lender” under and as defined in the Existing Credit Agreement immediately prior to the Closing Date.
Existing Lender has the meaning given to it in clause 30.1 (Assignments and transfers and changes in Facility Office by the Lenders).
Existing Lender has the meaning assigned to such term in the recitals to this Agreement.
Existing Lender has the meaning assigned to such term in Section 2.20.
Existing Lender has the meaning given to it in Clause 26.2 (Transfers by Lenders).