Examples of Foreign Currency Lender in a sentence

Upon receipt of any such notice the Administrative Agent shall promptly notify each Foreign Currency Lender thereof.
Each Foreign Currency Lender will make the amount equal to its Foreign Currency Commitment Percentage of the principal amount of each borrowing of Foreign Currency Loans available to the Administrative Agent for the account of the Borrower at the Applicable Foreign Currency Funding Office for the relevant Foreign Currency prior to 12:00 Noon Local Time on the Borrowing Date requested by the Borrower in the relevant Foreign Currency in immediately available funds.
On the Borrowing Date, each Foreign Currency Lender will make the amount of its pro rata share (as determined in accordance with Section 2.17(d)) of each borrowing available to the Foreign Currency Agent at the applicable office specified on the Administrative Schedule, prior to the time specified on the Administrative Schedule for the relevant Foreign Currency, in the relevant Foreign Currency in funds immediately available.
Upon receipt of any such notice from the Borrower or the Co-Borrower, as applicable, the Foreign Currency Agent shall promptly notify each Foreign Currency Lender thereof.
It is evident from the aforesaid that the sole Foreign Currency Lender and/or Beneficiary of the SBLC Agreement was IDBI Bank Limited.

More Definitions of Foreign Currency Lender

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.

Foreign Currency Lender means the 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 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).

Foreign Currency Lender means a Lender with a Foreign Currency Commitment.

Foreign Currency Lender with respect to a particular Foreign Currency, each Three-Year Revolving Lender (or an Affiliate thereof) which is designated as a "Foreign Currency Lender" on Schedule 1.1A.

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.