Global Tranche Lender definition

Global Tranche Lender means a Lender with a Global Tranche Commitment or a Global Tranche Revolving Credit Exposure.
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Global Tranche Lender means a Lender with a Global Tranche Revolving Commitment or a Global Tranche Revolving Credit Exposure. “Global Tranche Percentage” means, with respect to any Global Tranche Lender at any time, the percentage of the Aggregate Global Tranche Revolving Commitments represented by such Global Tranche Lender’s Global Tranche Revolving Commitment at such time; provided that, for purposes of Section 2.19 when a Defaulting Lender that is a Global Tranche Lender shall exist, the term “Global Tranche Percentage” shall mean, with respect to any Global Tranche Lender at any such time, the percentage of the Aggregate Global Tranche Revolving Commitments (disregarding such Defaulting Lender’s Global Tranche Revolving Commitment) represented by such Lender’s Global Tranche Revolving Commitment at such time. If the Global Tranche Revolving Commitments have terminated or expired, the Global Tranche Percentages shall be determined based upon the Global Tranche Revolving Commitments most recently in effect, giving effect to any assignments and to any Global Tranche Lender’s status as a Defaulting Lender at the time of determination. “Global Tranche Revolving Commitment” means, with respect to each Lender, the commitment, if any, of such Lender to make Global Tranche Revolving Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Global Tranche Revolving Credit Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to the terms hereof. The initial amount of each Lender’s Global Tranche Revolving Commitment is set forth on Schedule 2.01, in the Assignment and Assumption or in the Incremental Amendment pursuant to which such Lender shall have assumed or
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Global Tranche Lender means a Lender with a Global Tranche Commitment or holding Global Tranche RevolvingLoans.
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Examples of Global Tranche Lender in a sentence

  • The failure of any Global Tranche Lender to accept any B/A required to be accepted by it shall not relieve any other Global Tranche Lender of its obligations hereunder; provided that the Global Tranche Commitments are several and no Global Tranche Lender shall be responsible for any other Global Tranche Lender’s failure to accept B/As as required.


More Definitions of Global Tranche Lender

Global Tranche Lender means a Lender with a Global Tranche Commitment or with outstanding Global Tranche Credit Exposure. " Global Tranche Letter of Credit " means an Existing Letter of Credit or a Letter of Credit issued pursuant to Section 2.05(a)(i) for the
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Related to Global Tranche Lender

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

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

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

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.