Italian Lender definition

Italian Lender means a Lender whose Commitment under the Italian Tranche is greater than zero;
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Italian Lender and "Italian Lenders" means a Lender or Lenders that have Italian Loan Commitments or that have Italian Loans outstanding, together with their successors and permitted assigns pursuant to subsection 9.2, and the term "Italian Lender" shall include Italian Overdraft Account Provider unless the context otherwise requires.
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Italian Lender means a Lender which is resident in Italy or acting through a Facility Office in Italy and in either case is entitled to receive interest without withholding of tax from the relevant Obligor under the domestic law of Italy.
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Examples of Italian Lender in a sentence

  • The Administrative Agent will promptly notify the Documentation Agent and each Foreign Facility Bank (and the Italian Lender, if applicable) thereof and of such Bank's Foreign Facility Commitment Percentage of such prepayment.

  • Upon receipt of a Notice of Borrowing pursuant to this subsection 3.3 from a Borrower which is an Italian Subsidiary, the Administrative Agent shall promptly notify the Italian Lender thereof.

  • Promptly after its receipt of a Notice of Borrowing pursuant to subsection 2.1F (or telephonic notice in lieu thereof), (a) UK Administrative Agent shall notify each UK Lender of the proposed borrowing, (b) Australian Administrative Agent shall notify each Australian Lender of the proposed borrowing, or (c) Italian Administrative Agent shall notify each Italian Lender of the proposed borrowing, as the case may be.

  • The Administrative Agent will promptly distribute to each Bank (or the Italian Lender, as the case may be) its share of such principal, interest, fees or other amounts, in like funds as received.

  • Upon the appointment of a substitute Italian Lender, the Company shall pay to the predecessor Italian Lender all accrued and unpaid fees owing to it under the terms of this Agreement or any other Loan Document.

  • The Italian Participation ------------------------------- Agreement executed by the Italian Lender, the Administrative Agent, the Documentation Agent and the Foreign Facility Banks.

  • The loan accounts maintained by the Administrative Agent shall, in the event of a discrepancy between the entries in the Administrative Agent's books and any Bank's or the Italian Lender's books relating to such loan accounts, be controlling and, absent manifest error, shall be conclusive as to the amount of the Loans made by the Banks and the Italian Lender to the Borrowers and the interest and payments thereon.

  • The Foreign Facility Banks and the Italian Lender agree to make such Foreign Facility Loans from time to time on any Business Day during the period from the Closing Date to the Termination Date.

  • A certificate of the Administrative Agent submitted to any Bank or the Italian Lender, as the case may be, with respect to amounts owing under this subsection 4.11 shall be conclusive, absent manifest error.

  • If such amount is so made available, such payment to the Administrative Agent shall constitute such Bank's Loan (or, in the case of an Italian Subsidiary Loan, its advance to the Italian Lender pursuant to the Italian Participation Agreement) on the date of Borrowing for all purposes of this Agreement.


More Definitions of Italian Lender

Italian Lender means Istituto Bancario San Paolo di Torino S.P.A., -------------- New York Limited Branch, in its capacity as the lender of the Italian Subsidiary Loans hereunder, or such other party as may be designated as the Italian Lender by the Company (with the approval of all of the Foreign Facility Banks) or in accordance with subsection 7.11.
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Italian Lender means any Lender that has an Italian Commitment.
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