Norwegian Lender definition

Norwegian Lender means each lender signatory hereto with (i) prior to the Termination Date, a Norwegian Commitment and (ii) on and after the Termination Date, any outstanding Norwegian Obligations.
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Norwegian Lender means a Lender that has a Norwegian Commitment or holds any part of the Norwegian Outstandings.
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Examples of Norwegian Lender in a sentence

  • The Norwegian Loans made by each Norwegian Lender which are denominated in Dollars shall be evidenced by a single Norwegian Krone Note of Norwegian Borrower in substantially the form of Exhibit E hereto payable to the order of such Norwegian Lender in a principal amount equal to the Norwegian Commitment of such Norwegian Lender, and otherwise duly completed.

  • The Norwegian Loans made by each Norwegian Lender shall be evidenced by a single Norwegian Krone Note of Norwegian Borrower in substantially the form of Exhibit L hereto payable to the order of such Norwegian Lender in a principal amount equal to US$20,000,000, and otherwise duly completed.

  • In the event that it shall be unlawful for the Norwegian Lender to make available or maintain a NIBOR Borrowing then the Norwegian Lender's obligations to lend in Krone shall terminate and all amounts owing by Norwegian Borrower to the Norwegian Lender in Krone shall become due and payable on demand, in each case to the extent necessary to not violate any law.

  • Such Norwegian Lender shall give the Borrower notice within a reasonable time of its intention to claim compensation under this Section and it shall specify the form and amount of such compensation.

  • Norwegian Borrowers shall, within one Business Day of demand by the Norwegian Fronting Bank’s or Agent from time to time, Cash Collateralize the LC Obligations of any Defaulting Lender that is a Norwegian Lender.

  • Each Primary Lender or Norwegian Lender, as applicable, shall before 3:00 p.m. (Houston, Texas time or Oslo, Norway time, as applicable) on the date of the proposed Borrowing, make available for the account of its Applicable Lending Office to the applicable Administrative Agent at its address referred to in Section 9.2, or such other location as the applicable Administrative Agent may specify by notice to the applicable Lenders, in same day funds, such Lender’s Applicable Pro Rata Share of such Borrowing.

  • This Note is issued pursuant to and evidences Norwegian Revolver Loans and Norwegian LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of Norwegian Lender and the duties and obligations of Norwegian Borrowers.

  • Promptly after receiving any such notice, Agent shall notify each Norwegian Lender thereof.

  • If the applicable Norwegian Fronting Bank makes any payment under a Norwegian Letter of Credit and Norwegian Borrowers do not reimburse such payment on the Norwegian Reimbursement Date, Agent shall promptly notify Norwegian Lenders and each Norwegian Lender shall promptly (within one Business Day) and unconditionally pay to Agent in the currency of the payment made under such Norwegian Letter of Credit, for the benefit of the Norwegian Fronting Bank, the Norwegian Lender’s Pro Rata share of such payment.

  • Upon request by a Norwegian Lender, the applicable Norwegian Fronting Bank shall furnish copies of any Norwegian Letters of Credit and Norwegian LC Documents in its possession at such time.

Related to Norwegian Lender

  • Canadian Lender means any Lender that (a) is a Canadian chartered bank lending and receiving payment through Canadian offices and (b) has a Canadian Commitment.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of Swingline Loans hereunder.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

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

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Dollar Lender means the Persons listed on Schedule 1.01(b) as having Dollar Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Dollar Commitment or to acquire Revolving Dollar Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Non-BA Lender means any Lender which is not a BA Lender.

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

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

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

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

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Multicurrency Letters of Credit means Letters of Credit that utilize the Multicurrency Commitments.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • U.S. Lenders means the financial institutions listed on the signature pages of the U.S. Credit Agreement and their respective successors and assigns.

  • Dutch Borrower means any Borrower that is organized under the Laws of The Netherlands.

  • German Borrower means (a) any Borrower that is a resident for tax purposes in Germany and (b) any Borrower in respect of which written notice is given to the Administrative Agent (by the Company) prior to that Borrower becoming a Borrower hereunder that such Borrower is resident in Germany for German tax purposes.