Invited Lender definition
Examples of Invited Lender in a sentence
Each Invited Lender that is willing to participate in such requested Incremental Facility (each an "Increasing Lender") shall, in its sole discretion, give written notice to the Agent on or prior to the Commitment Date of the amount by which it is willing to increase its applicable Commitment or participate in such Incremental Term Facility.
Each Invited Lender that is willing to participate in the requested Incremental Facility (each an "INCREASING LENDER") shall, in its sole discretion, give written notice to the Administrative Agent on or prior to the Commitment Date of the amount by which it is willing to increase its applicable Commitment.
Any Invited Lender not responding within such time period shall be deemed to have declined to increase its USD Revolving Commitment, increase its Multi-Currency Revolving Commitment, increase its Specified Currency Revolving Commitment, provide a commitment to a Designated Revolver, increase its Term Loan Commitment or participate in any Incremental Term Loan, as applicable.
Any Invited Lender not responding within such time period shall be deemed to have declined to increase its USD Revolving Commitment, increase its Multi-Currency Revolving Commitment, increase its Specified Currency Revolving Commitment, provide a commitment to a Designated Revolver, increase its Domestic Term Loan Commitment or participate in any Incremental Term Loan, as applicable.