Examples of Norwegian Lender in a sentence
The Norwegian Lender shall give Norwegian Borrower notice within a reasonable time of its intention to claim compensation under this Clause and it shall specify the form and amount of such compensation.
Xxxxxxxxxxxxx Vice President DNB NOR BANK ASA, as Norwegian Administrative Agent, Co-Documentation Agent and a Norwegian Lender By: /s/ Nxxx Xxxxx Nxxx Xxxxx Senior Vice President By: /s/ Sxxx Xxxxxxxxxxx Sxxx Xxxxxxxxxxx Vice President COMERICA BANK as Co-Syndication Agent and a Primary Lender By: /s/ Mxxx X.
From time to time on or after the Effective Date and during the Availability Period, each Norwegian Lender shall make loans under this Section 2.1(d) to Norwegian Borrower in an aggregate principal amount at any one time outstanding (including such Norwegian Lender's Commitment Percentage of all Letter of Credit Liabilities relating to Norwegian Letters of Credit at such time) up to but not exceeding such Norwegian Lender's Commitment Percentage of the Maximum Norwegian Available Amount.
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.
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.
After giving effect to any Norwegian Revolver Commitment Increase, the Norwegian Revolver Commitment of each Norwegian Lender (and the percentage of each Norwegian Revolver Loan that each Participant must purchase a Norwegian Revolver Loan participation in) shall be equal to such Norwegian Lender’s (or Participant’s) Pro Rata share of the amount of the increased Norwegian Revolver Commitments.
In such event Norwegian Borrower shall nevertheless compensate the Norwegian Lender for such requested indemnification for the period up to and including the date of prepayment.
Each Norwegian Lender hereby irrevocably appoints and authorizes Norwegian Administrative Agent to act as its Administrative Agent hereunder, under the Norwegian Letters of Credit and under the other Loan Documents with such powers as are specifically delegated to Norwegian Administrative Agent by the terms hereof and thereof, together with such other powers as are reasonably incidental thereto.
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.
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.