Examples of Incumbent Lenders in a sentence
Similarly, if there is some indirect trade linkage across countries through a third market, the negative effect of the crisis would hit them because they are at a severe competitive disadvantage.
Similarly, if there is some indirect trade linkage across countries through a third market, the negative effect of the crisis would hit them because they are at a severe competitive disadvantage.
Continuing Lenders as defined in the recitals hereto.
Replacement Lender shall have the meaning provided in Section 2.13.
Consenting Lenders has the meaning specified in Section 2.13(b).
Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.
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.
Additional Commitment Lender shall have the meaning provided in Section 2.15(c).
Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.
Existing Lenders as defined in the recitals hereto.
Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.
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.
Non-Consenting Lenders has the meaning specified in Section 3.07(d).
Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.
Extending Lenders has the meaning specified in Section 2.08.
Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.
Consenting Lender has the meaning specified in Section 2.19(b).
Affiliated Lender Cap has the meaning set forth in Section 10.07(l)(iii).
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.
Qualifying Lenders has the meaning specified in Section 2.05(d)(iv).
Refinancing Lenders has the meaning specified in Section 2.15(c).
Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.
Designating Lender has the meaning specified in Section 8.07(h).
New Revolving Lender as defined in Section 2.24.
Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.
Purchasing Lenders shall have the meaning set forth in Section 9.6(c).
Defaulting Lender means any Lender with respect to which a Lender Default is in effect.
Disqualified Lenders means the Persons listed on Schedule 1.01B.