Foreign Lenders definition

Foreign Lenders has the meaning ascribed to it in Section 17.15;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Foreign Lenders means the Lenders having Foreign Commitments from time to time or at any time.

Foreign Lenders means the Lenders to which the Foreign Lender Debt is owed.

Examples of Foreign Lenders in a sentence

• Any Lender that is not a Foreign Lender shall deliver to Borrower and the Administrative Agent (at the times and in the manner provided with respect to Foreign Lenders under the preceding sentence) IRS Form W-9 (or its successor form).

• Each Lender organized under the laws of a jurisdiction outside the United States (a "Foreign Lender") shall provide to Borrower Representative and Agent a properly completed and executed IRS Form W-8BEN or Form W-8ECI or other applicable form, certificate or document prescribed by the IRS of the United States certifying as to such Foreign Lender's entitlement to such exemption with respect to payments to be made to such Foreign Lender under this Agreement and under the Notes (a "Certificate of Exemption").

• In the case of a Foreign Lender (and, as applicable, such Foreign Lender's beneficial owners) that delivers a Portfolio Interest Exemption Certificate, such Foreign Lender (and, as applicable, its beneficial owners) shall deliver such certificate and other forms as reasonably requested by the Borrower on a biannual basis.

• Agent and Foreign Lenders may give any notice or communication with a Foreign Domiciled Obligor hereunder to Foreign Borrower Agent on behalf of such Foreign Domiciled Obligor.

• In no event shall Foreign Lenders have any obligation to honor a request for a Foreign Loan if the Foreign Revolver Usage at such time plus the Dollar Equivalent of the requested Foreign Loan would exceed the Foreign Borrowing Base.

• Each of Agent, Foreign Issuing Bank and Foreign Lenders shall have the right, in its discretion, to deal exclusively with Foreign Borrower Agent for any or all purposes under the Loan Documents.

• Notwithstanding anything herein to the contrary, Guarantor shall not be required to pay any additional amounts in respect of Taxes to any Lender that is not a “United States person” within the meaning of Section 7701(a)(30) of the Code who does not comply with the provisions applicable to Foreign Lenders set forth in Section 5.01(e) of the Credit Agreement.

• If Foreign Borrowers do not make a payment to Foreign Issuing Bank when due hereunder, Agent shall promptly notify the Foreign Lenders and each Foreign Lender shall within one Business Day after such notice pay to Agent, for the benefit of Foreign Issuing Bank, the Foreign Lender’s Pro Rata share of such payment.

• Agent, Security Trustees, Foreign Issuing Bank, Foreign Lenders and Secured Bank Product Providers of Bank Products to Foreign Domiciled Obligors.

• In addition, each Foreign Lender (and, as applicable, such Foreign Lender's beneficial owners) shall deliver such forms promptly upon the obsolescence, expiration or invalidity of any form previously delivered by such Foreign Lender (and, as applicable, such Foreign Lender's beneficial owners).

More Definitions of Foreign Lenders

Foreign Lenders the collective reference to the Canadian Lenders, the English Lenders, and any Future Foreign Subsidiary Lenders.

Foreign Lenders means, collectively, the European Lender and each Approved Foreign Lender.

Foreign Lenders has the meaning given in the Parent Guaranty.

Foreign Lenders means each “Lender” under, and as defined in, the Foreign Credit Agreement. On or about October 17, 2014, the Consenting Lenders acquired all right, title and interest of Natixis, New York Branch, as lender under the Foreign Credit Facility.