Fronting Lenders definition

Fronting Lenders means, collectively, the Lenders listed on Schedule 2.2, and each successor or additional Fronting Lender hereunder, and “Fronting Lender” means any one of the Fronting Lenders.
Fronting Lenders means, initially, RBC and The Toronto-Dominion Bank, each in such capacity or such other Working Capital Facility Lenders as may be selected by the Agent and the Principal Borrower and which agrees with the Principal Borrower in writing to issue Letters of Credit hereunder, and provided further that, with respect to particular usage herein and if the context requires, “Fronting Lender” shall mean the Working Capital Facility Lender which has issued the Letter of Credit in question.
Fronting Lenders means, collectively, the Canadian Fronting Lender(s) and the U.S. Fronting Lender(s); and “Fronting Lender” means any one of them as the context requires.

Examples of Fronting Lenders in a sentence

  • To have 100% of the outstanding principal amount of Existing Term Loans held by such Lender prepaid on the Amendment No. 2 Effective Date and to agree to purchase from the Fronting Lenders pursuant to one or more Assignment and Assumptions New Term Loans in the principal amount of such Existing Term Loans (or such lesser amount allocated to such Lender by the Administrative Agent) on or immediately after the Amendment No. 2 Effective Date.

  • The Administrative Agent shall notify the relevant Local Fronting Lenders promptly that such automatic conversion shall occur.

  • The obligations of the Lenders, the Funding Agents, the L/C Issuers and the Fronting Lenders under this Section 5.4 shall survive the payment in full of the Obligations and the termination of this Agreement.

  • Each Yen Loan shall be made as part of a Borrowing consisting of Yen Loans made by the Yen Fronting Lenders ratably in accordance with their respective Yen Commitments.

  • Each Fronted Advance hereunder shall consist of borrowings made from the several Fronting Lenders ratably in proportion to the ratio that their respective Fronting Commitments bear to the Aggregate Fronting Sublimit.


More Definitions of Fronting Lenders

Fronting Lenders means, each to a maximum of its respective Individual Fronting Limit, initially, The Bank of Nova Scotia and The Toronto-Dominion Bank, each in such capacity or such other Lenders agreed to by the Canadian Borrower and which are acceptable to the Agent, acting reasonably, and that assume in writing with the Canadian Borrower, the Agent and the Lenders, the obligations of a Fronting Lender hereunder, and provided further that, with respect to particular usage herein and if the context requires, "Fronting Lender" shall mean the Lender which has issued the Fronted LCs in question.
Fronting Lenders means: (a) as at the date hereof, Royal Bank of Canada, The Toronto-Dominion Bank, Fédération des caisses Xxxxxxxxxx du Québec and ATB Financial, and (b) such other Syndicated Lenders as may be selected by the Agent and the Borrower, with the concurrence of such other Syndicated Lenders, which assume in writing with the Borrower and the Agent the obligations of issuing Letters of Credit on behalf of the Syndicated Lenders under the Syndicated Facility to the extent of such Xxxxxx's Fronted LC Commitment, and "Fronting Lender" means any one of them as the context requires;
Fronting Lenders means RBC, CS, Xxxxx Fargo Bank, N.A. and The Bank of Nova Scotia or such other Lenders as may be selected by the Agent and the Borrower, with the concurrence of such other Lenders, which assume in writing with the Borrower and the Agent the obligations of issuing Letters of Credit on behalf of the Lenders under the Credit Facility to the extent of such Lender's Fronted LC Commitment, and "Fronting Lender" means any one of them as the context requires;
Fronting Lenders means: (a) as at the date hereof, Royal Bank of Canada, The Toronto-Dominion Bank, The Bank of Nova Scotia and National Bank of Canada, and (b) such other Lenders as may be selected by the Agent and the Borrower, with the concurrence of such other Lenders, which assume in writing with the Borrower and the Agent the obligations of issuing Letters of Credit on behalf of the Lenders under the Credit Facility to the extent of such Lender's Fronted LC Commitment, and "Fronting Lender" means any one of them as the context requires;
Fronting Lenders means: (a) as at the date hereof, Royal Bank of Canada, The Toronto-Dominion Bank, Fédération des caisses Desjardins du Québec and ATB Financial, and (b) such other Syndicated Lenders as may be selected by the Agent and the Borrower, with the concurrence of such other Syndicated Lenders, which assume in writing with the Borrower and the Agent the obligations of issuing Letters of Credit on behalf of the Syndicated Lenders under the Syndicated Facility to the extent of such Lender's Fronted LC Commitment, and "Fronting Lender" means any one of them as the context requires;
Fronting Lenders. JPMorgan Chase Bank, N.A. and such other Lenders as may be designated in writing by the Borrower which agree in writing to act as such in accordance with the terms hereof and are reasonably acceptable to the Administrative Agent, in their capacities as the lenders of Foreign Currency Loans pursuant to Section 2.4(b).
Fronting Lenders means, collectively, the Lenders listed on Schedule 2.2, and each successor or additional Fronting Lender hereunder, and “Fronting Lender” means any one of the Fronting Lenders”; provided that, notwithstanding the above, SMBC shall in no event be a Fronting Lender until the earlier of (i) the date on which it provides written notice to Prologis and Global Administrative Agent that it has received all approvals necessary to be a Fronting Lender and (ii) June 18, 2011.