Notifying Lender definition

Notifying Lender has the meaning given in Clause 23.1 or Clause 24.1 as the context requires;
Notifying Lender means any Lender that notifies Administrative Agent and the Borrower in writing or made a public statement that its failure to fund all or any portion of its Loans is the result of such Lender’s determination that one or more conditions precedent to funding has not been satisfied in accordance with clauses (a) or (b) of the definition ofDefaulting Lendercontained in Section 1.01.
Notifying Lender has the meaning given in Clause 23.1 (Illegality) or Clause 24.1 (Increased costs) as the context requires.

Examples of Notifying Lender in a sentence

  • The Agent shall promptly notify the Borrower, the Security Parties, the Security Trustee and the other Lenders of the notice under Clause 23.1 which the Agent receives from the Notifying Lender.

  • The Agent shall promptly notify the Borrower and the Security Parties of the notice which the Agent received from the Notifying Lender under Clause 24.1.

  • The Agent shall promptly notify the Borrowers, the Security Parties, the Security Trustee and the other Lenders of the notice under Clause 23.1 which the Agent receives from the Notifying Lender.

  • The Agent shall promptly notify the Borrowers and the Security Parties of the notice which the Agent received from the Notifying Lender under Clause 24.1.

  • The Borrower shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.


More Definitions of Notifying Lender

Notifying Lender has the meaning provided in Section 2.13.
Notifying Lender has the meaning set forth in Section 9.1(c).
Notifying Lender has the meaning provided in Section 2.12.
Notifying Lender has the meaning provided in Section 8.1.1.
Notifying Lender has the meaning given in Clause 23.1 or Clause 24.1 as the context requires; “Owner” means:
Notifying Lender has the meaning given in Clause 0 or Clause 0 as the context requires;
Notifying Lender has the meaning given in Clause 21.2 (Break Costs), Clause 23.1 (Illegality) or Clause 24.1 ( Increased costs ) as the context requires.