Examples of Hedge Lenders in a sentence
Notwithstanding the rights of the Hedge Lenders and the Service Lenders to benefit from the Security, all decisions concerning the Security and the enforcement thereof shall be made by the Lenders or the Majority Lenders in accordance with this Agreement and the other Loan Documents.
Exhibit 1 - Canadian Upstream Guarantee Exhibit 2 - Canadian Downstream Guarantee TO: CANADIAN IMPERIAL BANK OF COMMERCE, as Administrative Agent for and on behalf of (a) the Lenders, as defined below; and (b) the Hedge Lenders, as defined in the Credit Agreement described below.
The deposit of the Escrow Funds by the Borrower with the Agent as herein provided will not operate as a repayment of the Aggregate Principal Amount, the Hedge Indebtedness or the Cash Management Obligations, as applicable, until such time as the Escrow Funds are actually paid to the Lenders, the Issuing Lender, the Hedge Lenders, the Cash Managers or any Non-Extending Lender, as applicable.
Exhibit 1 - Canadian Upstream Guarantee Exhibit 2 - Canadian Downstream Guarantee Canadian Upstream Guarantee3 TO: CANADIAN IMPERIAL BANK OF COMMERCE, as Administrative Agent for and on behalf of (a) the Lenders, as defined below, and (b) the Hedge Lenders, as defined in the Credit Agreement described below.
CANADIAN IMPERIAL BANK OF COMMERCE, in its capacity as administrative agent (the “Agent”) on behalf of (i) itself as Agent, (ii) the financial institutions named in Schedule A to the Eighth Amended and Restated Credit Agreement and (iii) the Hedge Lenders ((i), (ii) and (iii) are collectively, the “Lenders”), as the same may be amended, supplemented, restated, extended, renewed or superseded from time to time (the “Credit Agreement”), dated as of May 29, 2015 between the Agent, the Lenders, Celestica Inc.
Exhibit 1 - Canadian Upstream Guarantee Exhibit 2 - Canadian Downstream Guarantee Exhibit 1 Canadian Upstream Guarantee3 TO: CANADIAN IMPERIAL BANK OF COMMERCE, as Administrative Agent for and on behalf of (a) the Lenders, as defined below, and (b) the Hedge Lenders, as defined in the Credit Agreement described below.
The Agent may (i) resign at any time by giving written notice to the Lender Parties and the Borrowers, or (ii) be removed at any time with or without cause by the Majority Lenders or, after all of the Accommodations Outstanding have been repaid in full and final satisfaction and all Commitments hereunder have been cancelled, the Hedge Lenders, such resignation or removal to be effective upon the appointment of a successor Agent.
The security interests in the Collateral granted to Secured Party for the ratable benefit of the Lenders and Hedge Lenders hereunder constitute valid security interests in the Collateral, securing the payment of Secured Obligations as provided in Section 2 hereof.
If no successor Agent is appointed or has accepted the appointment within thirty days after the retiring Agent’s notice of resignation or removal, as the case may be, then the retiring Agent may, on behalf of the Lender Parties or the Hedge Lenders, as applicable, appoint a successor Agent, which is a Lender or, after the Accommodations Outstanding have been repaid in full and final satisfaction and all Commitments have been cancelled, a Hedge Lender.
In addition (a) all references to Lenders shall be deemed to include any Hedge Lenders and Cash Managers; (b) all references to the Documents and provided an Event of Default has occurred and is continuing, shall be deemed to include the intercreditor agreement, if applicable; and (c) all references to Obligations shall be deemed to include any Hedge Indebtedness and Cash Management Obligations.