Nonextending Lender definition

Nonextending Lender shall have the meaning set forth in Section 2.14 hereof.
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Nonextending Lender shall have the meaning set forth in Section 4.01(b) hereof.
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Nonextending Lender shall have the meaning set forth in Section 2.18 hereof.
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Examples of Nonextending Lender in a sentence

  • Each Lender that advises the Administrative Agent that it will not extend the Existing Maturity Date is referred to herein as a “Non-extending Lender”; provided, that any Lender that does not advise the Administrative Agent of its consent to such requested extension by the Response Date and any Lender that is a Defaulting Lender on the Response Date shall be deemed to be a Non-extending Lender.

  • In the event of such extension, the Commitment of each Non-extending Lender shall terminate on the Maturity Date in effect prior to such extension, all Loans and other amounts payable hereunder to such Non-extending Lenders shall become due and payable on such Maturity Date and the total Commitment of the Lenders hereunder shall be reduced by the Commitments of Non-extending Lenders so terminated on such Maturity Date.

  • Each Lender, acting in its sole discretion, shall, by notice to CBNA given not more than 20 days after the date of the Extension Letter, advise CBNA in writing whether or not such Lender agrees to such extension (each Lender that so advises CBNA that it will not extend the Maturity Date, being referred to herein as a “Non-extending Lender”); provided that any Lender that does not advise CBNA by the 20th day after the date of the Extension Letter shall be deemed to be a Non-extending Lender.

  • In the event of such extension, the Revolving Credit Commitment of each Non-extending Lender shall terminate on the Termination Date in effect prior to such extension, all Loans and other amounts payable hereunder to such Non-extending Lenders shall become due and payable on such Termination Date and the total Revolving Credit Commitments of the Lenders hereunder shall be reduced by the Revolving Credit Commitments of the Non-extending Lenders so terminated on such Termination Date.

  • Notwithstanding anything herein to the contrary, in no event shall any such extension of the Revolving Credit Maturity Date be effective as to any Nonextending Lender.

  • In the event of such extension, the Commitment of each Non-extending Lender shall terminate on the Maturity Date in effect prior to such extension, all Loans and other amounts payable hereunder to such Non-extending Lenders shall become due and payable on such Maturity Date and the total Commitment of the Lenders hereunder shall be reduced by the Commitments of the Non-extending Lenders so terminated on such Maturity Date.

  • To the extent the Other Credit Agreement is in effect, the "REVOLVING CREDIT COMMITMENT AMOUNT" of a Nonextending Lender under the Other Credit Agreement shall be replaced or assumed at the same percentage by such Replacement Lender and/or such existing Lenders.

  • Each Lender, acting in its sole discretion, shall, by notice to CNAI given not more than 20 days after the date of the Extension Letter, advise CNAI in writing whether or not such Lender agrees to such extension (each Lender that so advises CNAI that it will not extend the Maturity Date, being referred to herein as a “Non-extending Lender”); provided that any Lender that does not advise CNAI by the 20th day after the date of the Extension Letter shall be deemed to be a Non-extending Lender.

  • The election of any Lender that does not advise the Company on or before the Consent Date shall be deemed to be a Non-extending Lender.

  • Such Replacement Lender shall have a Revolving Credit Commitment and shall have a Revolving Credit Commitment Amount equal to the then most recently effective Revolving Credit Commitment Amount of the related Nonextending Lender (less the amount assumed, if any, by such existing Lenders).


More Definitions of Nonextending Lender

Nonextending Lender means, after its respective Commitment Expiration Date, each Committed Lender which has declined to extend such Commitment Expiration Date in accordance with Section 2.09(b).
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Nonextending Lender has the meaning specified in Section 2.17(b).
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Nonextending Lender is defined in Section 2.5(d).
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Nonextending Lender is defined in Section 2.10.
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Nonextending Lender shall have the meaning given to that term in Section 2.12.
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Related to Nonextending Lender

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

  • Extending Lenders has the meaning specified in Section 2.08.

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

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

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

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

  • New Revolving Lender as defined in Section 2.24.

  • Exiting Lender see Section 2.17.7.

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

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

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

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Non-Extending Bank has the meaning set forth in Section 2.09(a) hereof.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Designating Lender has the meaning specified in Section 8.07(h).

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

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

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

  • Existing Lenders as defined in the recitals hereto.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • 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.

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

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

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.