Foreign Currency Lender definition

Foreign Currency Lender at any time, each Lender with a Foreign Currency Commitment of greater than zero.

Foreign Currency Lender means Lenders that have Foreign Currency Loan Commitments or that have made Foreign Currency Loans, including Fronting Lender (on behalf of Lenders who are Foreign Currency Participants), together with their successors and permitted assigns pursuant to subsection 10.1.”

Foreign Currency Lender means a Lender with a Foreign Currency Commitment or, if the Foreign Currency Commitments have terminated or expired, a Lender holding direct interests in Foreign Currency Loans. A Foreign Currency Lender may, in its discretion, arrange for one or more Foreign Currency Loans to be made by one or more of its domestic or foreign branches or Affiliates, in which case the term “Foreign Currency Lender” shall include any such branch or Affiliate with respect to Loans made by such Person.

Examples of Foreign Currency Lender in a sentence

• Each Swingline Foreign Currency Lender shall make each Swingline Foreign Currency Loan to be made by it hereunder in accordance with Section 2.02(a) on the proposed date thereof by wire transfer of immediately available funds by 3:00 p.m., Local Time, to the account of the Applicable Agent most recently designated by it for such purpose by notice to the Swingline Foreign Currency Lenders.

• The Applicable Agent shall promptly advise each Swingline Dollar Lender (in the case of a notice relating to a Swingline Dollar Borrowing) or each Swingline Foreign Currency Lender (in the case of a notice relating to a Swingline Foreign Currency Borrowing) of any such notice received from a Borrower and the amount of such Swingline Lender's Swingline Loan to be made as part of the requested Swingline Dollar Borrowing or Swingline Foreign Currency Borrowing, as applicable.

• Each Global Revolving Facility Lender hereby absolutely and unconditionally agrees, upon receipt of notice as provided above, to pay to the Applicable Agent, for the account of the applicable Swingline Foreign Currency Lender, such Global Revolving Facility Lender's ratable share (based on Available Unused Commitments) of such Swingline Foreign Currency Loan or Loans.

• Such purchase and sale of a Specified Foreign Currency Participation shall be deemed to occur automatically upon the making of a Specified Foreign Currency Loan by the Fronting Lender, without any further notice to any Participating Specified Foreign Currency Lender.

• This Section 15 shall not affect the obligations of any Lender that does not have Specified Foreign Currency Funding Capacity and that is not a Participating Specified Foreign Currency Lender to make Specified Foreign Currency Loans in accordance with the terms and conditions set forth in the other Sections of this Agreement.

More Definitions of Foreign Currency Lender

Foreign Currency Lender means each Lender (a) designated in Annex J to the Agreement or in the most recent Assignment Agreement executed by such Lender as a “Foreign Currency Lender” or (b) that shall have become a Foreign Currency Lender pursuant to Section 9.1(i).

Foreign Currency Lender means each Revolving Credit Lender (or Affiliate of a Revolving Credit Lender) identified on Schedule 1.01B on the date hereof as a “Foreign Currency Lender” with the Foreign Currency Sublimit set forth thereon and any other Revolving Credit Lender that (a) agrees, with the approval of the Administrative Agent and the Borrower, which approval shall not be unreasonably withheld (provided, however, that after the occurrence and during the continuance of any Event of Default in respect of Section 8.01(a), Section 8.01(f) or Section 8.01(g)(i), such approval by the Borrower shall not be required), to act, or cause one of its Affiliates to act, as a Foreign Currency Lender with a Foreign Currency Sublimit agreed to by the Administrative Agent and the Borrower (provided, however, that no Revolving Credit Lender or Affiliate thereof shall become a Foreign Currency Lender to the extent, after giving effect to such Revolving Credit Lender or Affiliate thereof becoming a Foreign Currency Lender with the proposed Foreign Currency Sublimit, the aggregate Foreign Currency Sublimit amount would exceed the Maximum Foreign Currency Sublimit) and (b) whether directly or through an Affiliate thereof, at the time of such agreement by such Foreign Currency Lender, can, on its own, make Foreign Currency Loans to the Borrower the interest payments with respect to which can be made free of withholding taxes.

Foreign Currency Lender means, in respect of each Foreign Currency Loan, the Lender making that Foreign Currency Loan.

Foreign Currency Lender means each Lender set forth on Schedule 2.6 for the country and Foreign Currency indicated and any other Lender (a) that is willing and able to make a Foreign Currency Loan, in accordance with the terms of Section 2.6, (b) that would not by virtue of making the applicable Foreign Currency Loan subject a Foreign Subsidiary Borrower to withholding tax, (c) that has the requisite power and authority under all applicable laws and regulations to make the applicable Foreign Currency Loan, (d) that can lawfully make the applicable Foreign Currency Loan and enforce payment of principal and interest with respect thereto, and (e) that is approved by the Administrative Agent to make such Foreign Currency Loan.

Foreign Currency Lender means NBD Bank or one of its affiliates acting for NBD Bank or such Lender or an affiliate of such Lender designated by the Borrower (with the approval of the Administrative Agent) to be the successor to the Foreign Currency Lender.

Foreign Currency Lender. The Toronto - Dominion Bank

Foreign Currency Lender means Bank of America and any other Lender that may from time to time accept a designation by Anixter as a Foreign Currency Lender hereunder with the approval of the Administrative Agent (such approval not to be unreasonably withheld).