Lender Group Limit definition

Lender Group Limit means, for any Lender Group, the amount set forth on Schedule II (or in the Joinder Agreement pursuant to which such Lender Group became party hereto) subject to assignment pursuant to Section 10.03, as such amount may be reduced in accordance with Section 2.03(a) or increased in accordance with Section 2.03(b), except that, for a Non-Extending Lender Group, the Lender Group Limit shall be reduced to zero on the Commitment Termination Date of such Lender Group.
Lender Group Limit means, for each Lender Group, the sum of the Commitments of the Committed Lenders in such Lender Group.
Lender Group Limit means, for any Lender Group at any time, the amount set forth on Schedule I (or in the Joinder Agreement pursuant to which such Lender Group became party hereto) for the applicable Period in effect at such time subject to assignment pursuant to Section 10.03, as such amount may be reduced in accordance with Section 2.01(c). The Lender Group Limit for any Lending Group shall be equal to the aggregate Commitments of all Committed Lenders in such Lender Group.

Examples of Lender Group Limit in a sentence

  • Any such reduction shall be in a minimum amount of $5,000,000 and in integral multiples of $1,000,000 in excess thereof; and provided further that any such reduction shall effect a ratable reduction of the Commitments of each Committed Lender and of each Lender Group’s Lender Group Limit.


More Definitions of Lender Group Limit

Lender Group Limit means, for any Lender Group, the amount set forth on Schedule I (or in the Assignment and Acceptance or the Joinder Agreement pursuant to which such Lender Group became party hereto) subject to assignment pursuant to Section 10.03, as such amount may be reduced in accordance with Section 2.01(b).
Lender Group Limit. For any Lender Group, the aggregate commitment of the Liquidity Banks that are members of such Lender Group, as shown on Schedule A hereto or in the related Assignment Agreement, as such commitments may increase or decrease from time to time in accordance with the terms of this Agreement.
Lender Group Limit means, for any Lender Group, the amount set forth on Schedule I (or in an Assignment and Assumption or a Joinder Agreement pursuant to which such Lender Group became party hereto), as such amount may be modified in accordance with Section 2.03, subject to an assignment pursuant to Section 10.03.
Lender Group Limit means, with respect to any Lender Group, the aggregate Conduit Lending Limit(s) of the Conduit Lender(s) in such Lender Group.
Lender Group Limit with respect to the New Lender Group is $[ ]. Table of Contents EXHIBIT L to Revolving Credit Agreement by and among TCW DIRECT LENDING LLC, as Borrower, and NATIXIS, NEW YORK BRANCH, as Administrative Agent JOINDER AGREEMENT [ ], 20 Reference is made to that certain Revolving Credit Agreement dated as of November 12, 2014 (as amended, modified or restated from time to time, the “Credit Agreement”) by and among TCW Direct Lending LLC, as borrower (the “Borrower”), Natixis, New York Branch, as administrative agent (“Administrative Agent”), and the other agents and lenders from time to time party thereto. Capitalized terms used and not otherwise defined herein are used with the meanings set forth or incorporated by reference in the Credit Agreement. (the “Joining Party”), the Administrative Agent and the Borrower Parties agree as follows:
Lender Group Limit means, with respect to a Lender Group on any date of determination, the sum of the Commitments of the Committed Lenders in such Lender Group on such date. 28 “Lender Group Percentage” means, with respect to a Lender Group on any date of determination, a fraction (expressed as a percentage) the numerator of which is the Lender Group Limit of such Lender Group on such date and the denominator of which is the Aggregate Commitment on such date. "Lender Percentage" means a Lender's Commitment as a percentage of the Aggregate Commitment. "Lender Register" has the meaning given to such term in Section 11.01(c). "Lenders" means, collectively, the Conduit Lenders and the Committed Lenders. "Lender Supplement" means (i) with respect to the JPMorgan Lender Group, the information set forth in Schedule A-1 to this Agreement and (ii) with respect to any other Lender Group, the information set forth in the related Lender Supplement, in each case as the same may be amended or otherwise modified from time to time, with, in the case of changes to the Facility Amount, any Commitment and any definition of CP Rate, the consent of the Borrower. With respect to the Lender Supplement for any Lender Group other than the JPMorgan Lender Group, such Lender Supplement shall contain substantially similar information to that set forth in Schedule A-1 with respect to the JPMorgan Lender Group. "Liability" means any duty, responsibility, obligation or liability. "Lien" means any mortgage, lien, pledge, charge, claim, security interest or encumbrance of any kind. "Liquidity Facility" means, with respect to each Conduit Lender, any of the committed loan facilities, lines of credit and other financial accommodations available to such Conduit Lender to support the liquidity of such Conduit Xxxxxx's Commercial Paper Notes. "Lithia" means Lithia Motors, Inc., an Oregon corporation. “Lithia Loan Agreement” means that certain Fourth Amended and Restated Loan Agreement, dated as of April 29, 2021, by and among Lithia, Lithia's subsidiaries party thereto, the lenders party thereto, and U.S. Bank National Association, as agent for the lenders party thereto. "Loan" has the meaning given to such term in Section 2.01(a). "Loan-to-Value Ratio" means, with respect to any Receivable, the percentage equivalent of a fraction, (i) the numerator of which is the original Principal Balance of such Receivable and (ii) the denominator of which is the book value of the related Financed Vehicle at the date of unde...
Lender Group Limit means, for any Lender Group, as of any date of determination, on amount equal to the sum of the Commitments of the Committed Lenders in such Lender Group as of such date of determination.