Lead Lenders definition

Lead Lenders means the financial institutions, banks, multilateral lending agencies, trusts, funds and agents or trustees of debenture holders, including their successors and assignees, who have agreed to guarantee or provide finance to Seller under any of the Financing Agreements for meeting all or any part of the total Project cost and who hold parri passu charge on the assets, rights, title and interests of Seller;

Lead Lenders means Barclays, Credit Suisse AG, Cayman Islands Branch, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Citibank, N.A. and JPMorgan Chase Bank, N.A.

Lead Lenders means the Lead Lenders party to the Commitment Letter (and their Affiliates, other than portfolio companies); provided that any Lead Lender shall cease to be a Lead Lender at such time as it no longer holds Loans and may not subsequently become a Lead Lender if, following such date, it holds Loans.

Examples of Lead Lenders in a sentence

• In the cases where IREDA is not a lead financing institution and Co-financing cases where IREDA share securities on pari-passu with other lenders, having less than 75 per cent by value of total outstanding to the company, IREDA shall follow the procedures of Lead Lenders.

• For the benefit of the Lenders, Lead Lenders shall hold in its possession at its principal office executed originals of all the Loan Documents for each Loan assigned and shall deliver conformed copies of each thereof to the Lenders.

• In the event that any reasonable legal expenses or other expenses for the preservation of the collateral for the Loan or for the enforcement of the Loan are incurred by Lead Lenders in connection with the Loan or on or after or in connection with the occurrence of an Event of Default or the enforcement of any of the Loan Documents (including fees of counsel and other expenses), Lead Lenders shall bear and advance all such costs.

• The Lenders shall have the right to an accounting for all monies received by Lead Lenders in connection with each Loan that has a Participation Interest by Lenders.

• The proceeds of any insurance recovery or condemnation award received by Lead Lenders and not immediately disbursed or applied to the repayment of the Loan or not otherwise distributed by Lead Lenders shall be deposited in an interest-bearing account, in trust for all lenders, and the income, if any, received by Lead Lenders from such account and not payable to others shall be shared with the Lenders in accordance with terms of this Agreement.

More Definitions of Lead Lenders

Lead Lenders means Bank of America, Wxxxx Fargo and Truist Bank.

Lead Lenders collectively, JPMCB, Xxxxx Fargo and Royal Bank of Canada.

Lead Lenders mean (i) on the Closing Date and at any time thereafter so long as the GSO Lenders hold in the aggregate 50% or more of the sum of (A) the aggregate Commitment Amounts of all Lenders as of such date and (B) the then aggregate outstanding principal balance of the Loans, the GSO Lenders, and (ii) on any date after the Closing Date on which the GSO Lenders hold in the aggregate less than 50% of the sum of (A) the aggregate Commitment Amounts of all Lenders as of such date and (B) the then aggregate outstanding principal balance of the Loans, the Required Lenders; provided that the Commitment Amount of, and the portion of the aggregate outstanding principal balance of the Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Lead Lenders.

Lead Lenders means the Lead Lenders party to the Commitment Letter (and their Affiliates, other than portfolio companies), dated as of December 13, 2012 (as amended, supplemented or otherwise modified from time to time), between such Lead Lenders and the Company;); provided that any Lead Lender shall cease to be a Lead Lender at such time as it no longer holds Loans and may not subsequently become a Lead Lender if, following such date, it holds Loans.

Lead Lenders means, collectively, JPMCB and Bank of America, N.A.

Lead Lenders means WFB, JPMorgan, GS and Bank of America.

Lead Lenders mean (i) on the Closing Date and at any time thereafter so long as the GSO Lenders hold 50% or more of the sum of (A) the outstanding Delayed Draw Commitment and (B) the then aggregate outstanding principal balance of the Loans, the GSO Lenders and (ii) on any date after the Closing Date on which the GSO Lenders hold less than 50% of the sum of (A) the outstanding Delayed Draw Commitment and (B) the then aggregate outstanding principal balance of the Loans, the Required Lenders; provided that the Delayed Draw Commitment Amount of, and the portion of the aggregate outstanding principal balance of the Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Lead Lenders.