Examples of Extended Lender in a sentence
No Lender shall have any obligation to convert any Non-Extended Lender Obligations held by it into Extended Lender Obligations pursuant to the Extension Request.
Notwithstanding anything to the contrary set forth in Section 10.01, no Extension Amendment shall require the consent of any Lender other than the Extending Lenders with respect to the Extended Lender Obligations established thereby.
In the event that the aggregate amount of Revolving Credit Commitments and/or L/C Commitments subject to Extension Elections exceeds the amount of Extended Lender Obligations requested pursuant to the Extension Request and/or Revolving Credit Commitments and/or L/C Commitments shall be converted to Extended Lender Obligations on a pro rata basis.
The Administrative Agent and the Lead Borrower shall determine the effective date of such requested increase and any such requested increase shall be first made available to all existing Extended Lenders on a pro rata basis, with any such Extended Lender accepting such increase in a timely fashion relative to the Commitment Increase Date.
Upon the effectiveness of a Conversion, the Non-Extended Revolving Credit Loans of the Converting Lender shall be converted into Extended Revolving Credit Loans and the Converting Lender shall become an Extended Lender.
Employees shall actively participate in the company’s endeavor for fair trade compliance and shall conduct business in compliance with fair trade laws and systems to ensure fair competition.
The Administrative Agent shall have received duly executed counterparts of this Amendment and Restatement Agreement that, when taken together, bear the signatures of each of Holdings, Spansion Techonology, the Borrower, the Administrative Agent, the Collateral Agent, each Extended Lender (such Extended Lenders constituting at least the Required Lenders under the Existing Term Loan Agreement) and any other Lenders that thereby become party to the Restated Term Loan Agreement.
Any Lender or L/C Issuer (an “Extending Lender”) wishing to have all or a portion of its Term Loans and/or Revolving Credit Commitments and/or L/C Commitments converted into Extended Lender Obligations pursuant thereto shall notify the Administrative Agent (an “Extension Election”) on or prior to the date specified in such Extension Request of the amount of its applicable Term Loans and/or Revolving Credit Commitments and/or L/C Commitments that it has elected to convert into Extended Lender Obligations.
Any Lender or Issuing Lender (an “ Extending Lender”) wishing to have all or a portion of its Revolving Credit Commitments and/or L/C Commitments converted into Extended Lender Obligations pursuant thereto shall notify the Administrative Agent (an “Extension Election”) on or prior to the date specified in such Extension Request of the amount of its applicable Revolving Credit Commitments and/or L/C Commitments that it has elected to convert into Extended Lender Obligations.
For the purposes of annual leave, the Early May bank holiday will be classed as a school closure which counts against the statutory annual leave entitlement of 28 days • Under the Working Time Regulations, it is not possible for a payment in lieu of annual leave that has not been taken except on termination of employment, e.g. if the teacher decides not to return to work following the maternity leave period • Please see Appendix K for examples of scenarios in respect of accrued annual leave.