Nonconsenting Lenders definition

Nonconsenting Lenders as defined in subsection 2.17.
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Examples of Nonconsenting Lenders in a sentence

  • Upon the Agent's consent to such assignment (which consent or denial shall be given by the Agent to the Borrower and applicable Nonconsenting Lenders within 5 days after the Agent's receipt of the foregoing notice from the Borrower) such Nonconsenting Lenders and the Substitute Lender shall enter into an Assignment and Assumption Agreement substantially in the form of Exhibit A.

  • Each Consenting Lender and Supplemental Lender purchasing interests of any type under this Section shall be deemed to have purchased such interests from each Nonconsenting Lender and Consenting Lender selling interests of such type ratably in accordance with the amounts of such interests sold by such Nonconsenting Lenders and Consenting Lenders.

  • Such notice shall set forth (i) the name of the Nonconsenting Lenders whose rights and obligations are to be assigned to said Substitute Lender, (ii) the percentage interest of the Nonconsenting Lenders' Commitments to be assigned to said Substitute Lender, and (iii) the amount of the Revolving Credit Loans to be so assigned and their type (i.e. ABR Advances, Eurodollar Advances and/or Competitive Bid Advances).

  • To the extent that the Borrower does not purchase all of the rights and obligations of the Nonconsenting Lenders under the Loan Documents, then the Borrower will make the payment described in clause (iii) of Section 2.19(a)(iii) with respect to the Revolving Credit Loans and the interest, Commitment Fees and other amounts appurtenant thereto which are not the subject of such Assignment and Assumption Agreement.

  • In addition, the Borrower has been advised by certain Lender(s) (each a "NONCONSENTING LENDER") that such Nonconsenting Lender(s) do not desire to consent to the Requested Extension.

  • The Borrower shall at least 15 days prior to the Revolving Credit Termination Date on which the Commitments of such Nonconsenting Lenders shall terminate (a "Nonconsenting Lender Termination Date") notify the Agent and one or more of the Nonconsenting Lenders of a Substitute Lender's agreement to accept such assignment from such Nonconsenting Lenders.

  • Without prejudice to Clause 38.5 (Non-consenting Lenders), a Borrower in relation to which a Bank Guarantee has been issued may, if it or the Obligors’ Agent gives the Agent not less than five Business Days’ (or such shorter period as the Instructing Group may agree) prior notice, prepay the whole or any part of that Bank Guarantee (but, if in part, being an amount that reduces the Original Euro Amount of that Utilisation by a minimum amount of EUR 500,000 and an integral multiple of EUR 100,000).

Related to Nonconsenting Lenders

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

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Non-Consenting Lenders has the meaning specified in Section 3.07(d).

  • Existing Lenders as defined in the recitals hereto.

  • Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.

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

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

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

  • 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.

  • Continuing Lenders as defined in the recitals hereto.

  • Extending Lenders has the meaning specified in Section 2.08.

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

  • 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.

  • Defaulting Lender Fronting Exposure means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Bank, such Defaulting Lender’s Applicable Percentage of the outstanding Letter of Credit obligations other than Letter of Credit obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.

  • Increasing Lenders is defined in Section 2.14.

  • Exiting Lender see Section 2.17.7.

  • Defaulting Lender means any Lender with respect to which a Lender Default is in effect.

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

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Refinancing Commitments shall have the meaning provided in Section 2.15(b)(i).

  • Non-Consenting Bank means any Bank that does not approve any consent, waiver or amendment that (a) requires the approval of each Bank or each affected Banks in accordance with the terms of Section 10.05 and (b) has been approved by the Required Banks.

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

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

  • Assigning Lender means as specified in Section 13.8(b).

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.