Examples of Offshore Lender in a sentence
If an Offshore Lender Cornamusa Claim is disputed as of the Effective Date and is subsequently disallowed in whole or in part, then New Holdco shall promptly reimburse Parent the difference between the amount reserved on account of such Offshore Lender Cornamusa Claim and the amount distributed on account of such Allowed Offshore Lender Cornamusa Claim.
If such request is accepted by Fronting Offshore Lender, the provisions of this Agreement relating to Offshore Currency Loans shall apply to Loans made in the Other Currency, as if Such Other Currency were an Offshore Currency.
A certificate as to additional amounts owed the Affected Lender, showing in reasonable detail the basis for the calculation thereof, submitted in good faith to the relevant Borrower and Administrative Agent (and to the relevant Offshore Administrative Agent, in the case of any Affected Lender which is an Offshore Lender) by the Affected Lender shall, absent manifest or demonstrable error, be final and conclusive and binding upon all of the parties hereto.
In the event that Fronting Offshore Lender has given notice pursuant to this subsection 2.7C, then Sub- Agent will give notice to Administrative Agent and the requesting Borrower not later than 5:00 p.m. (London time) on the fourth Business Day prior to the requested date of such continuation that the continuation of such Offshore Currency Loans in the relevant Offshore Currency is not then available, and notice thereof also will be given promptly to Revolving Lenders.
Holders of Class 11 Offshore Lender Parent Claims are entitled to vote to accept or reject the Plan.
In the event that an Offshore Lender has failed to so notify the relevant Offshore Administrative Agent, such Offshore Lender shall be deemed not to have offered to increase its Offshore Loan Commitment.
The Plan Supplement shall include certain documents relating to the Plan and its consummation and implementation, including without limitation the Ocean Administrative Services Agreement (solely in the case of an Ocean Business Hand Over), the Offshore Administrative Services Agreement and, in the case of the Parent-Included Plan, the Offshore Lender Agreement.
Each Offshore Lender shall make the amount of its UK Offshore Loan available to the Offshore Sub-Administrative Agent in Same Day Funds at the Offshore Sub-Administrative Agent's Office for the applicable currency.
Nothing herein contained shall prevent Fronting Offshore Lender from consenting to any amendment, modification, termination or waiver of any provision of this Agreement or the other Loan Documents, and to any departure by Borrowers therefrom to the extent unrelated to the Offshore Participations and to the extent that Fronting Offshore Lender's interest or Pro Rata Share is not related to the Offshore Participations.
Such Subsidiary Borrower shall notify such Offshore Administrative Agent of the amount so accepted with respect to each Accepting Lender and Prospective Offshore Lender.