Non-Funding Lenders definition

Non-Funding Lenders any Lender that has failed to fund any portion of the Loans, participation interests in Letters of Credit or participation interests in Swing Line Loans required to be funded by it hereunder within one Business Day of the date required to be funded by it hereunder.
Sample 1Sample 2
Non-Funding Lenders means the Lenders listed on Schedule 7 hereto.
Sample 1Sample 2
Non-Funding Lenders has the meaning set forth in the Credit Agreement.
Sample 1

Examples of Non-Funding Lenders in a sentence

  • Agent shall be conclusively entitled to assume, for purposes of the preceding sentence, that each Revolving Lender, other than any Non-Funding Lenders, will fund its Pro Rata Share of all Revolving Loans requested by Borrowers.

  • To the extent that any Lender (a "Non-Funding Lender") has failed to fund all such payments and Advances or failed to fund the purchase of all such participations, Agent shall be entitled to set off the funding short-fall against that Non-Funding Lender's Pro Rata Share of all payments received from Borrower.

  • Moreover, for the purposes of determining Required Lenders and Required Revolving Lenders, the Loans, Letter of Credit Obligations, and Commitments held by Non-Funding Lenders shall be excluded from the total Loans and Commitments outstanding.

  • To the extent that any Lender (a "Non-Funding Lender") has failed to fund all such payments and Advances or failed to fund the purchase of all such participations, Agent shall be entitled to set off the funding short-fall against that Non-Funding Lender's Pro Rata Share of all payments received from Borrowers.

  • Moreover, for the purposes of determining Required Lenders, the Loans and Commitments held by Non-Funding Lenders shall be excluded from the total Loans and Commitments outstanding.

  • For the purposes of determining Required Lenders, the Loans and Commitments held by Non-Funding Lenders shall be excluded from the total Loans and Commitments outstanding.

  • The Agent shall then forthwith give notice to the other Lenders that any Lender may make available to the Agent all or any portion of the Non-Funding Lender's Applicable Percentage of that Advance (but in no way shall any other Lender or the Agent be obliged to do so) in the place of the Non-Funding Lender.

  • To the extent that any Lender (a "Non-Funding Lender") has failed to fund all such payments and Advances or failed to fund the purchase of all such participations, Agent shall be entitled to set off the funding shortfall against that Non-Funding Lender's Pro Rata Share of all payments received from Borrowers.

  • Moreover, for the purposes of determining Required Lenders, the Loans, Letter of Credit Obligations, and Commitments held by Non-Funding Lenders shall be excluded from the total Loans and Commitments outstanding.

  • Moreover, for the purposes of determining Required Lenders and Required Revolving Lenders, the Loans and Commitments held by Non-Funding Lenders shall be excluded from the total Loans and Commitments outstanding.


More Definitions of Non-Funding Lenders

Non-Funding Lenders in Section 1.1 of the Credit Agreement is hereby amended by deleting such definition and replacing it with the following:
Sample 1

Related to Non-Funding Lenders

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

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

  • Extending Lenders has the meaning specified in Section 2.08.

  • Exiting Lender see Section 2.17.7.

  • Existing Lenders as defined in the recitals hereto.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • 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.

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

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Original Lenders shall have the meaning assigned to such term in the recitals.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

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

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

  • Non-Accepting Lender has the meaning assigned to such term in Section 2.24(c).

  • Term Lenders means those Lenders having Term Loan Commitments.

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