Facility B Lenders definition

Facility B Lenders means the Persons listed on the Commitment Schedule as having a Facility B Commitment, any other Person that shall acquire a Facility B Commitment pursuant to an Assignment and Assumption and any other Person that shall provide an additional Facility B Commitment in accordance with Section 2.22, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

Facility B Lenders means the Persons listed on the Commitment Schedule as having a Facility B Commitment and any other Person that shall acquire a Facility B Commitment pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

Facility B Lenders means those Lenders which have issued Commitments under Facility B.

Examples of Facility B Lenders in a sentence

• Each Facility B US Swingline Loan shall be subject to all the terms and conditions applicable to other ABR Loans funded by the Facility B Lenders, except that all payments thereon shall be payable to the US Swingline Lender solely for its own account.

• On each Borrowing date on which Bankers’ Acceptances are to be accepted, the Canadian Administrative Agent shall advise the Canadian Borrower as to the Canadian Administrative Agent’s determination of the applicable Discount Rate for the Bankers’ Acceptances which any of the Facility B Lenders have agreed to purchase.

• Such proceeds will then be made available to the Canadian Borrower by the Canadian Administrative Agent crediting an account as directed by the Canadian Borrower with the aggregate of the amounts made available to the Canadian Administrative Agent by such Facility B Lenders and in like funds as received by the Canadian Administrative Agent.

• The Canadian Administrative Agent, promptly following receipt of a notice of borrowing, continuation or conversion by way of Bankers’ Acceptances, shall advise the applicable Facility B Lenders of the notice and shall advise each such Facility B Lender of the face amount of Bankers’ Acceptances to be accepted by it and the applicable Contract Period (which shall be identical for all Facility B Lenders).

• Once reduced or cancelled, the Total Facility A Commitment or the Total Facility B Commitment may not be increased or reinstated without the prior written consent of all Facility A Lenders or Facility B Lenders, as applicable.

More Definitions of Facility B Lenders

Facility B Lenders the "Lenders" as defined in the Facility B Credit Agreement.

Facility B Lenders means the Lenders having Facility B Commitments and/or holding Facility B Loans from time to time.

Facility B Lenders means, collectively, Lenders having Facility B Commitments.

Facility B Lenders means those Lenders which have issued Commitments under Facility B. "Facility C" is defined in Section 3.02.

Facility B Lenders means the banks and financial institutions who have a Facility B Commitment in part E of schedule 1 and includes their successors in title and New Lenders;

Facility B Lenders means (a) on the Facility B Activation Date, the Lenders signatory to the Facility B Activation Notice and (b) thereafter, the Lenders from time to time holding Facility B Commitments or Facility B Loans after giving effect to any assignments thereof permitted by Section 10.04.

Facility B Lenders means, on any date of determination, the financial institutions named on SCHEDULE 2.1 (as the same may be amended from time to time by Administrative Agent to reflect the assignments made in accordance with SECTION 11.13(c) of the Facility B Agreement) to the Facility B Agreement, and subject to the terms and conditions of the Facility B Agreement, their respective successors and assigns, but not any Participant who is not otherwise a party to the Facility B Agreement.