Multiple Lender definition

Multiple Lender means any Lender which has both a US Commitment and a Canadian Commitment.
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Multiple Lender means any Lender which has both a U.S. Commitment and Foreign Commitment or a Canadian Commitment and a Norwegian Commitment.
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Multiple Lender means any Lender which has both a Primary Commitment and a Norwegian Commitment.
Sample 1

Examples of Multiple Lender in a sentence

  • Any Multiple Lender may agree with the Borrowers to reallocate its existing US Revolving Commitment or Canadian Commitment, so long as the sum of such US Revolving Commitment and Canadian Commitment remains unchanged; provided that, the aggregate amount of all Canadian Commitments, after giving effect to any reallocation, shall not exceed $50,000,000.

  • Any Multiple Lender may agree with the Borrowers to reallocate its existing US Commitment or Canadian Commitment, so long as the sum of such US Commitment and Canadian Commitment remains unchanged; provided that, the aggregate amount of all Canadian Commitments, after giving effect to any reallocation, shall not exceed $50,000,000.

  • The amount of each such Lender’s share of a claim under a Multiple Lender Letter of Credit will be its Pro Rata Share on the claim payment date.

  • Scheinkman, and Philip Yan, 2015, Days to Cover and Stock Returns, NBER Working Papers 21166, National Bureau of Economic Research, Inc.Kolasinski, Adam C, Adam V Reed, and Matthew C Ringgenberg, 2013, A Multiple Lender Approach to Understanding Supply and Search in the Introduction : Borrowing Costs and Short Sellers LXVIII, 559–596.Miller, Edward M, 1977, Risk, uncertainty, and divergence of opinion, Journal of Finance 32, 1151–68.Saffi, Pedro A.

  • Where a Lender is not able to participate in a Multiple Lender Letter of Credit or have issued on its behalf a Single Lender Letter of Credit by reason of it not being an NAIC Approved Bank and not having entered into a Confirming Bank Agreement, the Commitment of that Lender shall be ignored for the purposes of the definition of Total Commitments and the calculation of each other Lender’s Pro Rata Share in connection with that Letter of Credit or that LC Series.

  • Ringgenberg, A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market, 68 J.

  • See Multiple Lender Master Lease Alternative diagram in Appendix 13.3. Also, the master leases from different lenders may contain a provision that a default under one master lease may constitute a default under all master leases if HUD, in consultation with all lenders, determines that a cross default provision should be exercised.


More Definitions of Multiple Lender

Multiple Lender means the total of the following is 66.7% or more of the total of the following. (However, during the period after all lenders’ loan obligations have been extinguished and all obligations under the Loan Agreement with respect to the Loan have not been repaid, the ratio shall be the ratio of the total principal amount of outstanding individual loans for each lender to the total balance of outstanding loans as of the date of the Rally of Intent). However, in the case of a declaration of intent to determine whether or not to give a notice of forfeiture of the benefit of time pursuant to Article 22, Paragraph 2, it means a single or multiple lenders for whom the aggregate ratio of the principal amount outstanding of the individual loans for each lender to the total outstanding loans as of the base date for declaration of intent is 66.7% or more. The “cutoff time” is the time when the agent receives the notice stipulated in Article 27. 1.1 if the lender determines that an event requiring instructions by the majority lender has occurred, or the time when the agent issues the notice stipulated in Article 27.2 if the agent determines that the agent itself requires a decision by the majority lender.
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Related to Multiple Lender

  • Applicable Lender has the meaning assigned to such term in Section 2.06(d).

  • Applicable Lenders means the Required Lenders, all affected Lenders, or all Lenders, as the context may require.

  • Eligible Lender an entity that is a “Bank” (as defined in the 0000 Xxx) and is not otherwise prohibited by Section 17 of the 1940 Act from lending to the Borrower.

  • Applicable Lending Office means, with respect to each Lender, such Lender’s Domestic Lending Office in the case of a Base Rate Advance and such Lender’s Eurocurrency Lending Office in the case of a Eurocurrency Rate Advance.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Other Lender has the meaning ascribed to it in Section 8.5(d).

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Commitment Percentage means, as to any Lender at any time, the ratio of (a) the amount of the Commitment of such Lender to (b) the Aggregate Commitment of all of the Lenders.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Swing Line Bank has the meaning specified in the recital of parties to this Agreement.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • New Revolving Lender as defined in Section 2.24.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments (or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of the Revolving Loans then outstanding).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.