Nonconsenting Lender definition

Nonconsenting Lender has the meaning set forth in Section 2.19(b).

Nonconsenting Lender has the meaning specified in Section 11.13.

Nonconsenting Lender means any Lender that does not approve a consent, waiver or amendment to any Credit Document requested by the Borrower or the Administrative Agent and that requires the approval of all Lenders (or all Lenders directly affected thereby) under Section 10.5 when the Required Lenders have agreed to such consent, waiver or amendment.

Examples of Nonconsenting Lender in a sentence

• Each Lender agrees that if the Borrower exercises its option hereunder to cause an assignment by such Lender as a Nonconsenting Lender or otherwise pursuant to this Section 10.13, such Lender shall, promptly after receipt of written notice of such election, execute and deliver all documentation necessary to effectuate such assignment in accordance with Section 10.06.

• If any Lender shall not so notify the Administrative Agent by the Lender Extension Notice Date, such Lender shall be deemed to be a Nonconsenting Lender.

• In the event that any Lender does not consent to any revision or amendment for which the consent of all Lenders is required pursuant to this Section 8.1 ("Nonconsenting Lender"), the Company shall have the option to request the Agent to replace such Nonconsenting Lender.

• The Agent may thereafter cause the outstanding Advances and Commitment of the Nonconsenting Lender to be purchased and replaced by a new lender, including without limitation, any of the Lenders and such Nonconsenting Lender must execute all assignments and other transfer documents reasonably requested by the Agent to accomplish such replacement.

• On the date of any termination of a Nonconsenting Lender’s Commitment pursuant to this Section 2.18, the Borrower shall pay or prepay to such Nonconsenting Lender the aggregate outstanding principal amount of all Advances of such Lender with respect to such termination of its Commitment, together with accrued interest to the date of such prepayment on the principal amount prepaid and all other fees and other amounts due and payable to such Lender hereunder.

More Definitions of Nonconsenting Lender

Nonconsenting Lender shall have the meaning set forth in Section 2.23(b).

Nonconsenting Lender as defined in Section 4.9.

Nonconsenting Lender as defined in Section 2.20.

Nonconsenting Lender. Defined in Section 15.11.

Nonconsenting Lender. Defined in Section 16.9(a).

Nonconsenting Lender means a Lender that does not execute a Conditional Consent.

Nonconsenting Lender means any Lender who does not agree to a consent, waiver or amendment to the Loan Documents as requested by the Borrower or the Agent (which consent, waiver or amendment has been approved by the Required Lenders) and the consent, waiver or amendment of such Lender is required in accordance with the terms of Section 11.1 [Modifications, Amendments or Waivers]. Notes shall mean the Revolving Credit Notes. Notices shall have the meaning assigned to that term in Section 11.6. Obligation shall mean any obligation or liability of any of the Loan Parties to the Agent or any of the Lenders, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing, or due or to become due, under or in connection with this Agreement, the Notes, the Letters of Credit, the Agent’s Letter or any other Loan Document or under any Lender-Provided Interest Rate Hedge or Lender-Provided Commodity Hedge. Obligations shall include the liabilities to any Lender or any affiliate thereof under any Lender-Provided Interest Rate Hedge and Lender-Provided Commodity Hedge but shall not include the liabilities to other Persons under any other Interest Rate Hedge or Commodity Hedge. Official Body shall mean any national, federal, state, local or other government or political subdivision or any agency, authority, board, bureau, central bank, commission, department or instrumentality of either, or any court, tribunal, grand jury or arbitrator, in each case whether foreign or domestic. Order shall have the meaning assigned to that term in Section 2.9.9.