Lender Committee definition

Lender Committee means a committee comprised of designees appointed by the Senior Lenders and the Subordinate Lender; provided that (i) from and after the date on which all obligations owed by Borrower to GSSIF Senior Lender have been paid in full, the GSSIF Senior Lender shall no longer be entitled to appoint a designee to the Lender Committee, and (ii) from and after the date on which all obligations owed by Borrower to the NT Senior Lender have been paid in full, the NT Senior Lender shall no longer be entitled to appoint a designee to the Lender Committee.

Lender Committee means a committee of Lenders that may be installed by the Lenders in accordance with Clause 20 (Lender Committee);

Lender Committee has the meaning assigned to such term in Section 5.30(b).

Examples of Lender Committee in a sentence

• If at any time the Evaluator has been terminated, or for any reason is no longer serving, and a replacement evaluator appointed in accordance with the Evaluation Agreement has not been appointed within 90 days with the written approval from the Lender Committee.

• Upon receipt of the valuation report, the Borrower shall request Lender Committee to appoint an Independent Valuation Service Provider to prepare a fairness opinion in respect of the valuation report for the benefit of the Lenders.

• For this purpose, the valuation report prepared by the Selected Independent Valuation Service Provider shall be shared with the Independent Valuation Service Provider appointed by the Lender Committee and the valuation report will be available for inspection by the Lender Committee at the registered office of the Borrower.

• The Senior Lenders and the Subordinate Lender agree that the Approval of the Lender Committee of any such request shall not be unreasonably withheld.

• The Senior Lenders and the Subordinate Lender acknowledge that with respect to the covenants set forth in clauses (ii) and (iii) of Article VII, Section 2 of the Intergovernmental Agreement, CPS may seek a waiver of such covenants with the Approval of the Lender Committee in the event that any non-payment of Board Pay-For- Success Payments is deemed immaterial in the opinion of the CPS.

• Any such replacement is subject to the consent of Roca, the Lender Committee and the Commonwealth, such consent not to be unreasonably withheld.

• Docket No. 1] (the “Complaint”) against the Lender Committee Parties and the Prepetition Agent, thereby commencing the Adversary Proceeding.

• Neither YSI nor Roca shall assign their rights, duties and obligations under this Contract without the consent of the other Parties and the Lender Committee.

• The Lender Committee Parties and the Prepetition Agent have denied, and continue to deny, any breach, fault, liability or wrongdoing on their part, including as alleged by the Standard General Parties in the Complaint.

• Docket No. 7] (together, with the Lender Committee Parties’ Motion to Dismiss, the “Motions to Dismiss”), likewise seeking entry of an order dismissing the Complaint in its entirety.

More Definitions of Lender Committee

Lender Committee means “Lender Committee” referred to in the consent and direction letter, dated as of August 1, 2011 and attached hereto as Schedule A, and any successor committee representing the Lenders (it being understood that there shall be no more than one Lender Committee entitled to indemnification pursuant to Section 11.09 (Indemnification by the Borrowers) at any time).

Lender Committee means a committee comprising five Lenders, which as of the Closing Date shall be CNAI, JPMorgan Chase Bank, N.A., Deutsche Bank AG Caymans Islands Branch, The Royal Bank of Scotland and Wachovia Bank, N.A. After the Closing Date, members of the Lender Committee may resign in their sole discretion. Any Lender that shall cease to be a member of the Lender Committee shall be replaced with another Lender not then a member of the Lender Committee selected by the remaining members of the Lender Committee pursuant to a vote of a majority in number of such remaining members of the Lender Committee (provided that, if the remaining members of the Lender Committee are not able to so appoint a replacement for such Lender prior to a decision of such Lender Committee being required hereunder, a replacement shall be appointed by the Required Lenders). Except as otherwise expressly set forth in this definition of “Lender Committee”, decisions by the Lender Committee shall be made by a vote of a majority in number of all members of the Lender Committee.

Lender Committee means (i) HSH Nordbank AG, New York Branch; (ii) KeyBank National Association; and (iii) one additional Lender to be selected by the Administrative Agent and the Borrower after the Closing Date.

Lender Committee means Bank One, NA, The Bank of Nova Scotia and Highland Capital Management, L.P.

Lender Committee has the meaning set forth in Appendix H. “Lenders” means each lender under the Loan Documents.