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

• In addition, each Rejecting Lender (as defined in the definition of the term Maturity Date) shall be a Non-consenting Lender hereunder.

• Each Lender agrees that if the Company exercises its option hereunder to cause an assignment by such Lender as a Nonconsenting Lender or otherwise pursuant to this Section 11.13, 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 11.06.

• If any Revolving 364 Day Lender declines to consent or fails to timely indicate its consent to the exercise by Borrower of the Extension Option and the Extending Lenders hold more than 50% of the Revolving 364 Day Commitments, such Lender shall be deemed a Nonconsenting Lender and be subject to replacement in accordance with the terms of subsection 2.17 hereof.

• In the event that (x) the Borrower or the Administrative Agent has requested the Lenders to consent to a departure or waiver of any provisions of the Loan Documents or to agree to any amendment thereto, (y) the consent, waiver or amendment in question requires the consent of all Lenders and (z) the Required Lenders have agreed to such consent, waiver or amendment, then any such Lender who does not agree to such consent, waiver or amendment shall be deemed a "Nonconsenting Lender".

• Each Lender may, in its sole discretion, agree to such extension by giving written notice of such agreement to the Agent and the Borrower within 30 days following the Borrower's request for such extension (each Lender which so consents to a requested extension is herein called a "Consenting Lender" and each Lender which does not so consent to a requested extension is herein called a "Non-consenting Lender").

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.