German Lenders definition

German Lenders each of (i) the German Issuing Lenders, (ii) the German Revolving Credit Lenders, and (iii) the German Swing Line Lender.
Sample 1Sample 2Sample 3
German Lenders means, in respect of an Aircraft, the persons nominated or to be nominated as the German Lenders in the relevant Loan Agreement.
Sample 1
German Lenders means Commerzbank Aktiengesellschaft, Filiale Luxemburg and Bayerische Landesbank.
Sample 1

Examples of German Lenders in a sentence

  • If, due to an Insolvency Proceeding with respect to a Borrower or otherwise, any German Swingline Loan may not be settled among the German Lenders hereunder, then each German Lender shall be deemed to have purchased from Agent a Pro Rata participation in such Loan and shall transfer the amount of such participation to Agent, in immediately available funds, within one Business Day after Agent’s request therefore.

  • Agent may, but shall not be obligated to, advance German Swingline Loans to the German Borrower, up to an aggregate outstanding amount equal to 10% of the aggregate German Revolver Commitments, unless the funding is specifically required to be made by all German Lenders hereunder.

  • Each German Revolving Loan shall be made as part of a Borrowing consisting of German Revolving Loans of the same Type made by the German Lenders ratably in accordance with their respective Applicable Percentage.

  • German Facility Secured Parties: the Agent, the German Issuing Bank, the German Lenders and the Secured Bank Product Providers who provide Bank Products to the German Facility Obligors and their Subsidiaries.

  • German Swingline Loan: any Borrowing of German Base Rate Loans funded with Agent’s funds, until such Borrowing is settled among the German Lenders or repaid by the German Borrower.

  • Each Borrowing of German Revolver Loans shall be funded by the German Lenders on a Pro Rata basis.

  • Absent further agreement in writing between Sunrise and any German Lenders with respect to such German Lender’s portion of the German Collateral or implementation of the Unwind Procedures, Obligors shall have no financial obligation hereunder to operate, preserve, maintain or market for sale such German Collateral after December 31, 2010.

  • Each Sanctions Provision shall only be applicable for the benefit of German Lenders to the extent that such Sanctions Provision would not result in: (a) any violation of, conflict with or liability under EU Regulation (EC) 2271/96; (b) a violation or conflict with section 7 foreign trade rules (AWV) (Außenwirtschaftsverordnung) (in connection with section 4 paragraph 1 no 3 foreign trade law (AWG) (Außenwirtschaftsgesetz)); or (c) a similar anti-boycott statute.

  • In the event that any German Collateral Sale fails to close on or before December 31, 2009, the German Lenders that are Electing Lenders which hold such unsold German Collateral shall have the amount of their Designated Claims increased in the amount of all expenses, scheduled amortization payments, interest, default interest and penalties that accrue under the respective German Loans calculated through and including December 31, 2010 (the “Adjusted Designated Claim”).

  • The German Borrower shall pay to Agent, for the Pro Rata benefit of German Lenders, a fee equal to the German Unused Line Fee Rate times the amount by which the average daily German Revolver Commitments exceed the average daily balance of German Revolver Loans and stated amount of German Letters of Credit, in each case, during any month.


More Definitions of German Lenders

German Lenders means the banks named in schedule 1, part C of each Loan Supplement and their successors, Transferees and assigns.
Sample 1
German Lenders means together the Banks and Financial Institutions listed in Part III of Schedule 1 to the Facility Agreement.
Sample 1
German Lenders means the Lenders having German Commitments from time to time or at any time. Any Person may be a German Lender only if it is a Domestic Lender or an Affiliate of a Domestic Lender.
Sample 1

Related to German Lenders

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • U.S. Lenders means the financial institutions listed on the signature pages of the U.S. Credit Agreement and their respective successors and assigns.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • Revolving Credit Lenders means, collectively, all of the Lenders with a Revolving Credit Commitment.

  • Qualifying Lenders has the meaning specified in Section 2.05(d)(iv).

  • Extending Lenders has the meaning specified in Section 2.08.

  • Issuing Lenders means all such Persons, collectively.

  • Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Majority Revolving Lenders at any time, (a) if only one Revolving Lender holds the Total Revolving Commitments at such time, such Revolving Lender, both before and after the termination of such Revolving Commitment; and (b) if more than one Revolving Lender holds the Total Revolving Commitment, at least two Revolving Lenders who hold more than 50% of the Total Revolving Commitments (including, without duplication, the L/C Commitments) or, at any time after the termination of the Revolving Commitments when such Revolving Commitments were held by more than one Revolving Lender, at least two Revolving Lenders who hold more than 50% of the Total Revolving Extensions of Credit then outstanding (including, without duplication, any L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time)); provided that the Revolving Commitments of, and the portion of the Revolving Loans and participations in L/C Exposure and Swingline Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Existing Lenders as defined in the recitals hereto.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.