Lending Obligation definition

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

Lending Obligation means the obligation of the Lenders to make Individual Loans to the Borrower on the Drawdown Date upon satisfaction of the Conditions Precedent.

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

• 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.

• 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).

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. (kashitsuke-gimu) means Term Loan A Lending Obligation and Term Loan B Lending Obligation, individually or collectively.

Lending Obligation. (kashitsuke-gimu) means a Xxxxxx’s obligation to make Individual Loans to the Borrower during the Term in accordance with the Borrower’s application for a drawdown as provided for in Clause 52.1, upon the condition that the requirements set forth under each item of Clause 6 are satisfied.

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.