French Lender definition

French Lender means BNP Paribas S.A. in its capacity as lender under the French Facility Agreement.

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French Lender means any Lender that is a French licensed credit institution (établissement de crédit) organized or domiciled in France (excluding, for the avoidance of doubt, any subsidiary, branch or affiliate of any such institution that is neither domiciled nor organized in France).

Examples of French Lender in a sentence

It is not required to make any deduction for or on account of Tax from any payment it may make under any Finance Document to a Qualifying UK Lender (in the case of a payment by an Obligor incorporated in the United Kingdom, other than Eurotunnel Group UK PLC) or a Qualifying French Lender (in the case of a payment by an Obligor incorporated in France or Eurotunnel Group UK PLC) provided that in each case any procedural formalities are completed, in relation to any Treaty Lender.
Each Lender that provides any Term Loan or any Incremental Term Loan and is a French Lender severally agrees that it will utilize accounts located outside France for the making or receipt of any advance, Loan or payment under this Agreement to, from or for the benefit of any Borrower under any Term Loan Facility or Incremental Term Loan Facility.
Each Revolving Lender that is a French Lender severally agrees that it will utilize accounts located outside France for the making or receipt of any advance, Loan or payment under this Agreement to, from or for the benefit of any Borrower under any Revolving Credit Facility.
The rights and remedies of any Agent, the Issuing Bank, the French Lender and the Lenders hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have.
Nothing in this Agreement or any other Loan Document shall affect any right that any Agent, the Issuing Bank, the French Lender or any Lender may otherwise have to bring any action or proceeding relating to this Agreement or any other Loan Document against either Holdings or the Borrower or its properties in the courts of any jurisdiction.

More Definitions of French Lender

French Lender means the Persons listed as having a “French Revolving Commitment” on the Commitment Schedule and any other Person that shall have become a French Lender hereunder pursuant to Section 2.12, an Assignment Agreement or a Transfer Certificate, other than any such Person that ceases to be a French Lender hereunder pursuant to an Assignment Agreement or a Transfer Certificate, provided that any French Lender shall qualify as a French Qualifying Lender.

French Lender and "FRENCH LENDERS" means the Lenders that have French Tranche B Revolving Loan Commitments or that have French Revolving Loans outstanding, together with their successors and permitted assigns pursuant to subsection 10.1.

French Lender means a Lender which, at the date it becomes a Party, is able to fulfil the conditions imposed by French law for any sum payable by an Obligor which is resident in France to the Facility Agent for the account of the Facility Office of that Lender not to be subject to any withholding or deduction for any Tax. "French Qualifying Lender" means a Lender which is: (a) a French Lender; or (b) a French Treaty Lender and, prior to the date on which that Lender became a Party, the Company consented to that Lender becoming a Party. The Company may withhold its consent to a French Treaty Lender becoming a Party for any reason. "French Treaty Lender" means a Lender which is, on the date a payment of interest becomes due under this Agreement: (a) resident (as defined in the appropriate double taxation agreement) in a country with which France has a double taxation agreement giving residents of that country exemption from French taxation on interest; and (b) does not carry on business in France through a permanent establishment. "Qualifying Lender" means a Lender which is both a French Qualifying Lender and a U.K.

French Lender means Chase Manhattan Bank, Paris Branch, in its capacity as Local Agent and Initial Lender under the Cremascoli Credit Agreement. Following the assignment (if any) of Cremascoli Loans by the French Lender, the term "French Lender" shall mean, as the context requires, either the "Required Lenders" or the "Local Agent" as such terms are defined in the Cremascoli Credit Agreement.

French Lender means BNP Paribas S.A. in its capacity as lender under the French Facility Agreement. 97 CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS INDICATED BY [*REDACTED*]. “French Liquidation Co-ordination Agreement” means the liquidation co-ordination agreement entered into between (among others) French FleetCo, the French Liquidation Co-ordinator and the French Security Trustee dated on or about the Signing Date. “French Liquidation Co-ordinator” means KPMG LLP. “French Management Services Agreement” means the management services agreement dated on or about the Signing Date between French FleetCo, French OpCo and the French FleetCo Corporate Services Providers. “French Manufacturer Receivables” means the Manufacturer Receivables owing to French FleetCo. “French Master Lease” means the French Master Lease and Servicing Agreement, dated on or about the Signing Date between, among others, French FleetCo, as lessor thereunder and French OpCo, as lessee and servicer. “French Master Lease Extension Agreement” means, in relation to the French Master Lease, an agreement executed by the Lessor and the Lessee(s) thereunder which provides that the Master Lease Scheduled Expiry Date in respect of the relevant lease entered into pursuant to the French Master Lease will be extended for a further period of five (5) calendar months from the date of such agreement. “French Master Lease Payment Default” means the occurrence of any event described in Sub-Clause 9.1.1 of the French Master Lease. “French Master Lease Scheduled Expiration Date” means, in relation to any Lease Vehicles leased pursuant to the French Master Lease, the date falling five (5) calendar months after:

French Lender means, as the context requires, either the "Required Lenders" or the "Local Agent" as such terms are defined in the Cremascoli Credit Agreement.

French Lender means any Lender that is a French licensed credit institution ( établissement de crédit ) organized or domiciled in France (excluding, for the avoidance of doubt, any subsidiary, branch or affiliate of any such institution that is neither domiciled nor organized in France).