Failed Lender definition

Failed Lender has the meaning set forth in Section 2.03(e).
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Failed Lender has the meaning set forth in Section 2.03(e). “Failed Loan” has the meaning set forth in Section 2.03(e). “Failed Loan Amount” has the meaning set forth in Section 2.03(e). “Fair Market Value” means, with respect to any Railcar, the lesser of (i) the Depreciated Appraised Value of such Railcar and (ii) the Depreciated Purchase Price of such Railcar. “FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code and any intergovernmental agreements entered into in connection with the implementation of such Sections. “Federal Funds Rate” means for any day the rate per annum (rounded upward, if necessary, to the nearest 1/100th of 1%) equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (i) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (ii) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate quoted to Credit Suisse AG, New York Branch, on such day on such transactions as determined by the Agent. “Federal Reserve Bank of New York’s Website” means the website of the Federal Reserve Bank of New York at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source. “Finance Lease” has the meaning set forth in clause (ii)(B) of the definition of Eligible Lease. “Financing Notice” means a notice in substantially the form of Exhibit A-4 hereto, with appropriate insertions. “Floor” means 0.00%. “Follow-On Lease” has the meaning specified in Section 6.12. “FRA” means the Federal Railroad Administration Rules and Regulations, as such regulations are amended from time to time, or corresponding provisions of future regulations. “Full Service Lease” means a Lease substantially in the form of Exhibit J-1 or Exhibit J-2 hereto. 747656567 17557858 30 Fifth Amended and Restated Warehouse Loan Agreement
Sample 1
Failed Lender has the meaning set forth in Section 2.03(e). “Failed Loan” has the meaning set forth in Section 2.03(e). “Failed Loan Amount” has the meaning set forth in Section 2.03(e).
Sample 1

Examples of Failed Lender in a sentence

  • The Administrative Agent shall cooperate in effectuating the replacement of a Failed Lender under this Section 3.14(b), but at no time shall the Administrative Agent be obligated in any way whatsoever to initiate any such replacement.

Related to Failed Lender

  • Terminated Lender as defined in Section 2.19.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Approved Lender is defined in Section 12.1.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Designating Lender has the meaning specified in Section 8.07(h).

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Qualified Lender means a lender approved by the federal department of housing and urban development to enter into a loan insured by the federal government under 12 USC 1715z−20.

  • Restricted Lender means a Lender that fails to approve an amendment, waiver or consent requested by the Loan Parties pursuant to Section 10.01 that has received the written approval of not less than the Required Lenders but also requires the approval of such Lender.

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Benefitted Lender as defined in Section 10.7(a).

  • Replaced Lender shall have the meaning provided in Section 2.13.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Term A Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term A Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term A Loans at such time.

  • L/C Lender a Lender with an L/C Commitment.

  • Defaulted Lender means, so long as such failure shall remain in existence and uncured, any Lender which shall have failed to make any Loan or other credit accommodation, disbursement, settlement or reimbursement required pursuant to the terms of any Financing Document.