Lending Obligation definition

Lending Obligation means the Lender’s obligation provided for in Clause 2.1.

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Lending Obligation means the obligation of a Lender to make an Individual Loan to the Borrower on the Drawdown Date subject to the conditions precedent for the drawdown set forth herein have been fulfilled.

Lending Obligation means the obligation of the Lender to lend money to the Borrower as set forth in Article 2.1.

Examples of Lending Obligation in a sentence

• Provided, however, that in the event that (i) the Lending Obligation is cancelled with respect to all of the Lenders prior to the Commitment Termination Date or (ii) a Commitment Period Termination Event occurs, then the Commitment Period shall end on such earlier date of termination (inclusive).

• Each Lender agrees to bear the Lending Obligation to the Borrower under this Agreement, in accordance with the terms set out below.

• If the Lender that owes the Lending Obligation with respect to the Facility B Loan does not give notice pursuant to Clause 6.1, and all the Conditions Precedent are satisfied (or all or part of the Conditions Precedent that have not been satisfied are waived) in accordance with the preceding clause, that Lender shall remit the Individual Loan Amount with respect to the Facility B Loan to the Syndicate Account by no later than noon on the Drawdown Date.

• Tranche C Lenders owe the Lending Obligation for the Tranche C Loan.

• If Non-Disbursing Lender does not disburse an Individual Loan, Borrower shall pay the Break Funding Cost (if any) to such Lender to the extent that such payment does not violate any Laws and Regulations, except where such failure to disburse the Individual Loan constitutes a breach of the Lending Obligation of Non-Disbursing Lender.

More Definitions of Lending Obligation

Lending Obligation means, collectively, the Lending Obligation A and Lending Obligation B.

Lending Obligation means a Lender’s obligation to make Individual Loans to the Borrower upon the condition that the requirements set forth under each item of Clause 5 are satisfied.

Lending Obligation means the Lender’s obligation to make a loan of money to the Borrower as set forth in Articles 2.2.

Lending Obligation. Means the obligation of each Lender to make an Individual Loan in response to a request of borrowing delivered by the Borrower in accordance with the terms and subject to the conditions set out in this Agreement.

Lending Obligation means the obligation provided for in Article 2, Paragraph 2.

Lending Obligation. (kashitsuke-gimu) means a ▇▇▇▇▇▇’s obligation provided for in Clause 2.1.

Lending Obligation means the obligation of a Lender during the Commitment Period to disburse an Individual Loan to Borrower in response to an application for a loan from Borrower as specified in Article 4 subject to satisfaction of the conditions set forth in the items of Paragraph 1 and Paragraph 2 of Article 5 with respect to the relevant Individual Loan.