Lender Objection definition

Lender Objection has the meaning specified in Section 10.20(b).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Lender Objection means the certificate described in Section 10.22, substantially in the form attached hereto as Exhibit J.

Lender Objection means the Company’s senior lender’s (i) objection to the Company’s repurchase of Put Shares or Remaining Put Shares, as the case may be, (ii) payment of the Shortfall pursuant to Section 5.9(d)(i), and/or (iii) the Company issuing a Promissory Note in accordance with the terms and conditions of this Agreement.

Examples of Lender Objection in a sentence

• In the event that the Project Lender objects to a Draw Request submitted to Lender by Owner pursuant to clause (i) of this subparagraph (a “Project Lender Objection”), then South Bay shall submit a revised Draw Request to Owner within ten (10) days of receipt of notice of such Project Lender Objection and in such event the review procedure described above in clauses (i) and (ii) of this subparagraph shall apply with respect to such Draw Request.

• In the event that the Company and the Administrative Agent receive a Lender Objection Notice with respect to such Foreign Subsidiary that has not been withdrawn by the applicable Objecting Lender, the Borrower may not deliver a Subsidiary Borrower Designation with respect to such Foreign Subsidiary Borrower under paragraph (b) of this Section.

• In the event that the Company and the Administrative Agent receive a Lender Objection Notice with respect to such Non-U.S. Subsidiary that has not been withdrawn by the applicable Objecting Lender, the Company may not deliver a Subsidiary Borrower Designation with respect to such Non-U.S. Subsidiary Borrower under paragraph (b) of this Section.

More Definitions of Lender Objection

Lender Objection shall have the meaning set forth in Section 4.02(c).

Lender Objection means the certificate described in Section 10.22, substantially in the form attached hereto as