Examples of Offshore Lenders in a sentence
Parent represents and warrants that, except for claims against Cornamusa, none of the Offshore Lenders have any claims against the River Business or the Ocean Business.
At any time that Base Rate Hybrid Offshore Loans are outstanding, the Administrative Agent shall notify the Company and the Offshore Lenders of any change in Bank of America's prime rate used in determining the Base Rate promptly following the public announcement of such change.
Upon receipt of any such request Administrative Agent will promptly notify Sub-Agent, Fronting Offshore Lender and Offshore Lenders thereof, and Fronting Offshore Lender and each Offshore Lender will use its commercially reasonable efforts to respond to such request within two Business Days of receipt thereof.
Each Offshore Lender's Offshore Loan Commitment with respect to each Applicable Currency shall expire on the Revolving Loan Commitment Termination Date and all Offshore Loans and all other amounts owed hereunder with respect to the Offshore Loans and the Offshore Loan Commitments shall be paid in full no later than that date.
The Offshore Lenders and the Onshore Lenders are commercial banks in Hong Kong and the PRC, respectively, and provide a variety of financial products and services to corporate and personal banking customers.
The Offshore Sub-Administrative Agent will promptly notify each Offshore Lender of its receipt of each such notice, and of the amount of such Offshore Lender's Offshore Applicable Percentage of such prepayment.
Within the limits of each Offshore Lender's Offshore Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Article III, prepay and reborrow under this Article III.
To the best of the knowledge, information and belief of the directors of R&F and KWG, having made all reasonable enquiry, R&F together with R&F HK, KWG and their respective ultimate beneficial owners are independent of, and not connected with, each other, and the Offshore Lenders are third parties independent of and not connected with each of R&F, KWG or any of their respective connected persons.
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.
For the avoidance of doubt, this provision shall have no impact on the rights of the Majority Supporting Noteholders, IFC, OFID, Southern Cross, Sparrow and, in the case of a Parent-Included Plan, each of the Offshore Lenders, as set forth in the Restructuring Support Agreement and the Offshore Business RSA as the case may be, in respect of any such revocation or withdrawal.