Lender Action definition

Lender Action. The Berkshire Bank and Government Development Bank for Puerto Rico v. Bank of America, et al., No. 12-cv-5723 (NRB), currently pending in the USD LIBOR MDL.
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Lender Action has the meaning given to such term in Section 8.9.
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Lender Action means any agreement of or consent, approval or instructions by the Lenders under this Agreement or the Loan Documents.
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Examples of Lender Action in a sentence

  • Released Parties does not include: (i) any of the other Defendants in the Lender Action or (ii) any other person or entity formerly named as a party in the Lender Action.

  • The order of the Court finally approving the settlement set forth in this Agreement, dismissing the Lender Action against HSBC and HSBC Holdings plc with prejudice, and meeting the criteria set forth in Paragraph 5(g).

  • Barclays’ obligations to cooperate under the Agreement are continuing until and shall terminate upon the earlier of: (1) the date when final judgment has been rendered, with no remaining rights of appeal, in the Lender Action against all Defendants; or (2) seven (7) years after the Court enters the Preliminary Approval Order.

  • Accordingly, Lender Plaintiffs and Barclays agree not to assert in any judicial proceeding that the Lender Action was brought by Lender Plaintiffs or defended by Barclays in bad faith or without a reasonable basis.

  • This settlement agreement (the “Settlement Agreement” or “Agreement”) is made and entered into on May 3, 2018 (the “Execution Date”), between Plaintiffs The Berkshire Bank and The Government Development Bank for Puerto Rico (collectively, the “Lender Plaintiffs”), individually and on behalf of the Settlement Class in the Lender Action, and defendant Barclays Bank PLC (“Barclays”), by and through the Lender Plaintiffs’ Counsel and Barclays’ Counsel.

  • The order of the Court finally approving the settlement set forth in this Agreement, dismissing the Lender Action against the Settling Defendants with prejudice, and except as provided for in this Agreement, without costs, and meeting the criteria set forth in Paragraph 5(g).

  • Accordingly, Lender Plaintiffs and HSBC agree not to assert in any judicial proceeding that the Lender Action was brought by Lender Plaintiffs or defended by HSBC in bad faith or without a reasonable basis.

  • Cumulative Remedies; Enforcement; Lender Action ..................................

  • HSBC’s Counsel will respond to reasonable follow up inquiries of Lender Plaintiffs’ Counsel throughout the duration of the Lender Action or any action related to any Released Claims, including to produce further material, information, and documents relating to U.S. Dollar LIBOR, consistent with this Agreement.

  • This Settlement Agreement (“Agreement”) is made and entered into on January 16, 2018 (the “Execution Date”), between Plaintiffs The Berkshire Bank and The Government Development Bank for Puerto Rico (collectively, the “Lender Plaintiffs”), individually and on behalf of the Settlement Class in the Lender Action, and defendant HSBC Bank plc (“HSBC”), by and through the Lender Plaintiffs’ Counsel and HSBC’s Counsel.

Related to Lender Action

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Administrative Agent-Related Persons means Administrative Agent, its Affiliates, and the officers, directors, employees, agents and attorneys-in-fact of the Administrative Agent and its Affiliates.

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.

  • DIP Lender means a lender under the DIP Facility.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Enforcement Action means any action of any kind to:

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Second Lien Collateral Agent means the “Collateral Agent” under and as defined in the Second Lien Credit Agreement.

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Credit Agent means JPMorgan Chase Bank, N.A., in its capacity as administrative agent for the lenders party to the Credit Agreement, or any successor or successors party thereto.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • First Lien Collateral Agent means the First Lien Credit Agreement Collateral Agent and any Additional First Lien Obligations Agent.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Second Lien Bank Loan means a Bank Loan (other than a First Lien Bank Loan and a Last Out Loan) that is entitled to the benefit of a first and/or second lien and first and/or second priority perfected security interest on all or substantially all of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Collection Action means any of the following:

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Regulatory Proceeding means a request for information, civil investigative demand, or civil proceeding commenced by service of a complaint or similar proceeding brought by or on behalf of the Federal Trade Commission, Federal Communications Commission, or any federal, state, local or foreign governmental entity in such entity’s regulatory or official capacity in connection with such proceeding.

  • Term Loan Collateral means all assets, whether now owned or hereafter acquired by any Loan Party, in which a Lien is granted or purported to be granted to any Term Loan Secured Party as security for any Term Loan Obligation.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.