Examples of New Extending Lender in a sentence
For the avoidance of doubt, no Lender shall be under any obligation to participate in any New Extension Offer or become a New Extending Lender.
Each New Extending Lender under the Term Facility shall be subject to the prior written approval of the Administrative Agent.
Each replacement of a New Extending Lender for a Declining Lender shall be effected in accordance with Section 2.24.
Each replacement of a New Extending Lender for a Declining Lender shall be effected in accordance with Section 2.20.
Effective as of the effective date of the applicable Extension Amendment (the “Extension Effective Date”), the Maturity Date of each the Lenders that have agreed so to extend their Maturity Date (each, an “Extending Lender”) and of each New Extending Lender shall be extended to the Extended Maturity Date and each New Extending Lender shall thereupon become a “Lender” for all purposes of this Agreement.