Lender Percentage definition

Lender Percentage means, with respect to a Committed Lender or Conduit Lender, its Commitment as a percentage of the Aggregate Commitment.

Lender Percentage means for any Lender, the percentage equivalent of a fraction (expressed out to five decimal places), the numerator of which is the Total Exposure of such Lender and the denominator of which is the Aggregate Total Exposure.

Lender Percentage means, with respect to any Bank at any time, a percentage equal to a fraction, the numerator of which is such Bank’s Commitment, and the denominator of which is the aggregate Commitments of all Banks.

Examples of Lender Percentage in a sentence

• Subject to Applicable Law, nothing herein shall be deemed to obligate any Lender to obtain the funds for its Lender Percentage of the Loan in any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for its Lender Percentage of the Loan in any particular place or manner.

• If any Lender makes available to the Paying Agent its Lender Percentage of the Loan as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Paying Agent because the conditions to the Loan set forth in Article III are not satisfied or waived in accordance with the terms hereof, the Paying Agent shall return such funds (in like funds as received from such Lender) to such Lender, without interest.

• Each Lender agrees that in computing each Lender’s Lender Percentage, the Borrower may (with the consent of the Facility Agent) round each Lender’s percentage of such Loan out to 9 decimal places.

• Subject to the terms and conditions set forth herein, each Lender agrees, severally and not jointly, to make a loan (collectively, the “Loan”) to the Borrower on the Closing Date in an amount, for each Lender, equal to its Lender Percentage of the Loan requested by the Borrower pursuant to Section 2.4; provided, that the portion of the Loan made by any Lender shall not exceed its Lender Percentage of the lesser of (i) the Aggregate Commitment and (ii) the Borrowing Base as of the Closing Date.

• The failure of any Lender to make its Lender Percentage of the Loan shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Lender Percentage of the Loan, or to make its payment under Section 10.5(B).

More Definitions of Lender Percentage

Lender Percentage means, with respect to any Lender on any day, the percentage equivalent of a fraction the numerator of which is such Lender’s Commitment and the denominator of which is the sum of all Commitments outstanding.

Lender Percentage means, as to any Committed Lender, the ratio (expressed as a percentage) of such Committed Lender’s Commitment to the aggregate Commitments of all Committed Lenders in the same Group.

Lender Percentage means for any Lender, the percentage equivalent of a fraction (expressed out to five decimal places), the numerator of which is the Commitment of such Lender (or, if such Commitments are terminated, the aggregate outstanding principal amount of all Loans of such Lender) and the denominator of which is the Aggregate Commitment (or, if such Commitments are terminated, the Aggregate Loan Principal Balance).

Lender Percentage means, with respect to any Lender as of any date, the percentage equal to a fraction the numerator of which shall be the outstanding principal balance of such Lender's Notes and the denominator of which shall be the aggregate outstanding principal balance of all Notes.

Lender Percentage means, as to any Lender as of any date of determination, the percentage equivalent of a fraction (expressed out to five decimal places), the numerator of which is the outstanding amount of the Loan funded by such Lender or acquired by such Lender pursuant to an Assignment and Acceptance and, in the case of any assigning Lender, minus the principal amount of the Loan so assigned, and the denominator of which is the Outstanding Principal Balance.

Lender Percentage means the percentage which (a) the sum of the Aggregate Commitments (or, after termination of the Aggregate Commitments, the Total Outstandings) is of (b) the sum of (i) the amount set forth in the foregoing clause (a) plus (ii) the aggregate outstanding principal amount of the Senior Notes.

Lender Percentage means, with respect to any Bank at any time, a percentage equal to a fraction, the numerator of which is such Bank’s Revolving Commitment, and the denominator of which is the aggregate Revolving Commitments of all Banks.