New GIEK Lender definition

New GIEK Lender has the meaning set out in Clause 21 (Changes to the Parties).
New GIEK Lender means one or several institutions replacing a GIEK Lender under the GIEK Facility either pursuant to Clause 9.5 (Fixing the margin for the GIEK Lender Facility) or an entity that has been consented to by the Borrower (such consent not to be required if an Event of Default has occurred and is continuing and otherwise not to be unreasonably withheld or delayed and which shall be deemed to have been given fifteen (15) Business Days after being sought unless expressly refused within that period), the relevant GIEK Lender and GIEK.
New GIEK Lender means one or several institutions replacing a GIEK Lender under the GIEK Facility either pursuant to Clause 9.5 (Fixing the margin for the GIEK Lender Facility) or an entity that has been consented to by the Borrower (such consent not to be required if (i) the relevant entity is GIEK or Eksportkreditt Norge AS or (ii) an Event of Default has occurred and is continuing, and otherwise not to be unreasonably withheld or delayed and which shall be deemed to have been given fifteen (15) Business Days after being sought unless expressly refused within that period), the relevant GIEK Lender and GIEK.

Examples of New GIEK Lender in a sentence

  • Appendix 1: Collated Survey Results presents a detailed breakdown of survey responses.

  • The New GIEK Lender shall, on the date upon which an assignment or transfer takes place pay to the GIEK Facility Agent (for its own account) a fee of USD 3,000.

  • Re-transfer to an Existing Lender Nothing in any Finance Document obliges an Existing Lender to: accept a re-transfer from a New Lender or a New GIEK Lender of any of the rights and obligations assigned or transferred under this Clause 27; or support any losses directly or indirectly incurred by the New Lender or New GIEK Lender by reason of the non-performance by any Borrower of its obligations under the Finance Documents or otherwise.

  • Each of the Obligors waives any right to dispute or delay a subrogation of the rights under the Finance Documents to the New GIEK Lender effectuated pursuant to the terms of this Agreement, and each of the Obligors undertakes to sign and execute any document required by the New GIEK Lender in connection with a subrogation as aforesaid, and/or enforcement of the Finance Documents.

  • Unless the Agent otherwise agrees and excluding an assignment or transfer to an Affiliate of a Lender, the New Lender (or New GIEK Lender, as applicable) shall, on the date upon which an assignment or transfer takes place pay to the Agent (for its own account) a fee of USD three thousand (3,000).

  • Any communication or document to be made under or in connection with the Finance Documents shall be made or delivered to the address and telefax number of each Party and marked for the attention of the department or persons set out below and, in case of any New Lender or New GIEK Lender, to the address notified to the Agent: If to the Agent: ING Bank N.V. Agency Department Att Xxxxxx Xxxxxx / Xxxxxx Xxxxxx Location code AMP H.02.007 X.X. Xxx 0000 0000 XX Xxxxxxxxx Xxx Xxxxxxxxxxx Tel no.

  • The New GIEK Lender expressly acknowledges and agrees to the limitations on the Existing GIEK Lender’s responsibility set out in Clause 21.5 (Limitations of responsibility of Existing GIEK Lenders) of the Agreement.

  • Assignment or transfer fee Unless the Agent otherwise agrees and excluding an assignment or transfer to an Affiliate of a Lender, the New Lender (or New GIEK Lender, as applicable) shall, on the date upon which an assignment or transfer takes place pay to the Agent (for its own account) a fee of USD three thousand (3,000).

  • If the Borrower does not request the GIEK Lender to give a New Fixed Margin Offer or do not accept the New Fixed Margin Offer in accordance with the conditions of this Clause 9.5, the GIEK Lender Commitment shall be cancelled and any amount outstanding under the GIEK Lender Facility shall be due and payable by the Borrower on the last day of the relevant GIEK Lender Fixed Margin Period either by cash or through loans from the New GIEK Lender.

  • Any communication or document to be made under or in connection with the Finance Documents shall be made or delivered to the address and telefax number of each Party and marked for the attention of the department or persons set out below and, in case of any New Lender or New GIEK Lender, to the address notified to the Agent: If to the Agent: ING Bank N.V. Agency Department Att Xxxxxx Xxxxxx / Xxxx Xxxxx Location code AMP N04.046 P.O. Box 1800 1000 BV Amsterdam The Netherlands Tel no.

Related to New GIEK Lender

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • DIP Lender means a lender under the DIP Facility.

  • New Revolving Lender as defined in Section 2.24.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Lender means a Lender with a Term Commitment or an outstanding Term Loan.

  • L/C Lender a Lender with an L/C Commitment.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Term A Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term A Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term A Loans at such time.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Term Loan Administrative Agent means the administrative agent under the Term Loan Agreement

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

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

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

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Borrower.

  • New Lender as defined in Section 2.24(b).

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Term Administrative Agent shall have the meaning set forth in the recitals hereto.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).