Increased Lender definition

Increased Lender means any Existing Lender whose Revolving Credit Commitment hereunder as of the Closing Date is greater than the Existing Revolving Credit Commitment of such Existing Lender.
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Increased Lender has the meaning set forth in Section 2.06(d).
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Increased Lender shall have the meaning provided in Section 2.15(f). “Investment Grade Account Debtor” means an account debtor that, at the time of determination, as a corporate credit rating and/or family rating, as applicable, of BBB- or higher by S&P or Baa3 or higher by Xxxxx’x. “Loan Cap” means, at any time of determination, the lesser of (a) the Aggregate Commitments and (b) the Borrowing Base. “Receivables Reserves” means such Reserves as may be established from time to time by the Administrative Agent in its reasonable discretion with respect to the determination of the collectability in the ordinary course of Eligible Trade Receivables and Eligible Franchise Receivables, including, without limitation, on account of dilution. “Seasonal Increase Period” means a period of ninety (90) consecutive days elected by the Lead Borrower each year upon thirty (30) days’ prior notice to the Administrative Agent. “Specified Account Debtors” means the account debtors set forth on Schedule I to the Twelfth Amendment. “Twelfth Amendment” means the Twelfth Amendment to Credit Agreement dated as of September 15, 2015 by and among the Borrowers, the Guarantors, the Lenders and Xxxxx Fargo Bank, National Association, as Administrative Agent, Collateral Agent, and Swing Line Lender. “Twelfth Amendment Effective Date” means September 15, 2015. “Twelfth Amendment Fee Letter” means the Fee Letter, dated as of the Twelfth Amendment Effective Date, between the Agents and the Borrowers.
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Examples of Increased Lender in a sentence

  • Estimating Leverage of State Funds to Federal Funds, Kansas 43Table B1.

  • The Commitment Ratio A of the Lenders A other than the Costs Increased Lender A shall be modified to the ratio of the loan amount of each Lender A to the Total Commitment Amount A after the modification under the immediately preceding Item (i).

  • In this case, the Borrower shall pay to the Costs Increased Lender A on the Desired Termination Date, in accordance with the provisions of Clause 18, all obligations it owes to the Costs Increased Lender A pursuant to this Agreement.

  • If the Borrower elects to bear the Increased Costs in response to the Costs Increased Lender A’s request under Clause 13.1, the Borrower shall pay, in accordance with the provisions of Clause 18, the Costs Increased Lender A the money equivalent to such Increased Costs.

  • In the event that notice under Clause 13.3 is given, the Costs Increased Lender A’s Lending Obligation A shall be extinguished, and thereupon this Agreement shall terminate only with respect to the Costs Increased Lender A.

  • A Costs Increased Lender A may, by notifying the Borrower in writing via the Agent, request the Borrower to elect either to bear the Increased Costs or to terminate this Agreement with respect to the Costs Increased Lender A.

  • Until the Borrower completes the performance of all obligations it owes to the Costs Increased Lender A under this Agreement, the relevant provisions of this Agreement regarding the performance of such obligations shall remain in full force and effect with respect to the Costs Increased Lender A.

  • The Borrower shall respond to such request by giving written notice to the Costs Increased Lender A via the Agent.

  • The Total Commitment Amount A will be modified to an amount calculated as the Total Commitment Amount A before modification less the Commitment Amount A of such Costs Increased Lender A.

  • In this case, until the Borrower completes payment of all obligations the Borrower owes to the Costs Increased Lender under this Agreement, the relevant provisions of this Agreement regarding the performance of such obligations shall remain in full force and effect with respect to the Costs Increased Lender.


More Definitions of Increased Lender

Increased Lender shall have the meaning provided in Section 2.15(f).
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Related to Increased Lender

  • Increased-Cost Lenders as defined in Section 2.23.

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

  • 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.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

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

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

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

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

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

  • Approved Lender is defined in Section 12.1.

  • Continuing Lender as defined in Section 2.17(a).

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

  • Replaced Lender shall have the meaning provided in Section 2.13.

  • Terminated Lender as defined in Section 2.23.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

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

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