Incoming Lender definition

Incoming Lender means, any Lender as of the Closing Date that is not an Existing Lender.
Sample 1Sample 2Sample 3

Examples of Incoming Lender in a sentence

  • On the Closing Date and after giving effect to such reallocation and assignment, the Commitment of the Departing Lender shall terminate, the Departing Lender shall cease to be a party to the Existing Credit Agreement and the Commitment of each Continuing Lender and Incoming Lender shall be as set forth on Schedule 2.01 attached to this Agreement.

  • Incoming Lender agrees to the terms and conditions set forth on Addendum 1 and Addendum 3 of the Loan Agreement.

  • Each Continuing Lender and Incoming Lender hereby consents to the Commitments set forth on Schedule 2.01 attached to this Amendment.

  • In connection with any increase in the aggregate principal amount of Revolving Commitments pursuant to this Section 2.16., each Additional Incoming Lender becoming a party hereto shall execute such documents and agreements as the Administrative Agent may reasonably request.

Related to Incoming Lender

  • Assuming Lender has the meaning specified in Section 2.18(d).

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Exiting Lender see Section 2.17.7.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • New Revolving Lender as defined in Section 2.24.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 9.07(a).

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • L/C Lender a Lender with an L/C Commitment.

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Increase Lender has the meaning given to that term in Clause 2.2 (Increase).

  • Existing Lenders has the meaning specified in the recitals hereto.

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

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Augmenting Lender has the meaning assigned to such term in Section 2.20.