Initial Additional Facility Lender definition

Initial Additional Facility Lender means a person which becomes a Lender under an Additional Facility or an Increase pursuant to Section 2.14.
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Initial Additional Facility Lender means a person which becomes a Lender under an Additional Facility pursuant to Clause 2.2 (Additional Facilities).
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Initial Additional Facility Lender means a person which becomes a Lender under an Additional Facility or an Increase pursuant to Section 2.14. “Initial Borrowers” has the meaning specified in the preliminary statements to this Agreement.
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Examples of Initial Additional Facility Lender in a sentence

  • Each Party (other than each proposed Initial Additional Facility Lender, the Parent, the Company and each proposed Additional Borrower) irrevocably authorises and instructs the Facility Agent to execute on its behalf any Additional Facility Accession Agreement which has been duly completed and signed on behalf of each proposed Initial Additional Facility Lender, the Parent, the Company and each proposed Additional Borrower and each Obligor agrees to be bound by such accession.

  • The liquidators accepted however that one of the three exceptions in CPR r 31.22(1) would need to apply for any further use of the documents.

  • The Company may pay to any Initial Additional Facility Lender a fee in the amount and at the times agreed between the Company and that Initial Additional Facility Lender.


More Definitions of Initial Additional Facility Lender

Initial Additional Facility Lender means a person which becomes a lender under an Additional Facility pursuant to Clause 2.2 (Additional Facilities) of the New Facility Agreement;
Sample 1
Initial Additional Facility Lender means a person which becomes a Lender under an Additional Facility or anIncrease pursuant to Section 2.14.
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Related to Initial Additional Facility Lender

  • Additional Facility is defined in Section 7.01.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Required Facility Lenders means, with respect to any Facilities on any date of determination, Lenders having or holding more than 50% of the sum of (a) the aggregate principal amount of outstanding Loans under such Facilities and (b) the aggregate unused Commitments under such Facilities; provided that the portion of outstanding Loans and the unused Commitments of such Facilities, as applicable, held or deemed held by a Defaulting Lender shall be excluded for purposes of making a determination of Required Facility Lenders.