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.
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German Lenders means, in respect of an Aircraft, the persons nominated or to be nominated as the German Lenders in the relevant Loan Agreement. Government Entity means:
Sample 1
German Lenders means Commerzbank Aktiengesellschaft, Filiale Luxemburg and Bayerische Landesbank.
Sample 1

Examples of German Lenders in a sentence

  • 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.

  • Any reduction in the Facility Amount pursuant to Clauses 2.5.2 or 2.5.3 shall reduce the Commitments of the British Lenders, the French Lenders and the German Lenders in relation to each relevant Eligible Aircraft.

  • If no successor agent has accepted appointment as German Agent by the date that is 10 days following a retiring German Agent’s notice of resignation, the retiring German Agent’s resignation shall nevertheless thereupon become effective, and the German Lenders shall assume and perform all of the duties of the German Agent hereunder until such time, if any, as the such Lenders appoint a successor agent as provided for above.

  • 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.

  • 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.

  • 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.

  • Not less than four (4) Business Days (or such shorter period as the Agent may agree) before the proposed Utilisation Date the Agent and the Lead Managers shall (i) confirm to the Borrower and the Relevant Lenders the proportions of the relevant Advance to be provided by the British Lenders, the French Lenders and the German Lenders respectively as set out for the relevant Aircraft in Schedule 5 Part A and (ii) confirm the applicable interest rate to be provided for in the relevant Loan Supplement.

  • All payments by the Relevant Lenders in respect of a Loan shall be effected on the Delivery Date and as between the British Lenders, the French Lenders and the German Lenders, in the proportions described in clause 2.3.3 (Number and Composition of Advances) and provided for in the relevant Loan Supplement.

  • 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.


More Definitions of German Lenders

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
German Lenders means the banks named in schedule 1, part C of each Loan Supplement and their successors, Transferees and assigns.
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 lenders from time to time 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 financial institutions from time to time parties hereto as lenders of the Term Loan.

  • 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 the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • 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 Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • 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 66 2/3% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 66 2/3% 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 has the meaning specified 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.