Onshore Lender definition

Onshore Lender means a Lender that is a bank which is resident in Indonesia for the purposes of paying Indonesian corporation tax or that is deemed to be an Indonesian bank under applicable banking laws and regulations or that is a resident of a country which has a tax treaty with Indonesia which reduces the effective rate of Indonesian withholding tax on interest payments to that Lender in respect of the Facility to zero.
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Onshore Lender means a Lender which participates in the Facility through its Facility Office in Indonesia.
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Onshore Lender. An onshore loan (referred to as the “Onshore Loan”) will be advanced and administered through [***] loan by a reputable and recognized bank selected by SciClone and acceptable to the Borrower. Borrower: 上海泽生科技开发有限公司 (Zensun (Shanghai) Sci & Tech Co., Ltd.)
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Examples of Onshore Lender in a sentence

  • Subject to any general principles of law as at the date of this Agreement which are specifically referred to in any legal opinion delivered pursuant to Clause 4 (Conditions of Utilization), it is not required to make any deduction for or on account of Tax from any payment it may make to or for the account of an Onshore Lender under any Finance Document.

  • If any of the undertakings as stipulated in the Onshore Loan Agreement are not performed by the Onshore Borrower, it will constitute an event of default and the occurrence of which, if not being remedied by the Onshore Borrower within the period as allowed by the Onshore Lender, would render the Onshore Lender having the right to declare the Onshore Loan Facility to be immediately due and payable.

  • Without prejudice to any indemnification contemplated herein to be provided by Zensun, each party will bear its own fees and expenses for this transaction except that the Borrower shall bear all fees payable to the Onshore Lender in connection the Onshore Loan.

  • However, this paragraph (e) shall not apply if the assignment or transfer is to SEK or an Onshore Lender or if the assignment or transfer is made whilst a Default is continuing.

  • However, this paragraph (b) shall not apply if the assignment or transfer is to SEK or an Onshore Lender or if the assignment or transfer is made whilst a Default is continuing.

  • Based on the abovementioned views of the PRC Legal Advisers, the Manager is of the view that the SF REIT will have good, marketable, legal and beneficial title to the Changsha Property as a whole through the Target Group upon Completion, subject to the first priority mortgage over the Changsha Property in favour of the Onshore Lender to secure the Onshore Term Loan and the existing tenancies of the Changsha Property.

  • Permanent working bodies of the Government are the government commissions and special government commissions.


More Definitions of Onshore Lender

Onshore Lender means the Lenders under and as defined in the Onshore Facility Agreement.
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Related to Onshore Lender

  • DIP Lender means a lender under the DIP Facility.

  • PPP Lender means JPMorgan Chase Bank, N.A.

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

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • L/C Lender a Lender with an L/C Commitment.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Selling Lender has the meaning specified in Section 11.7 (

  • Subordinate Lender means the person or entity named as such in the first paragraph of this Agreement and any other person or entity who becomes the legal holder of the Subordinate Note after the date of this Agreement.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

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

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

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

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

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Exiting Lender see Section 2.17.7.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Borrower.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Assignee Lender is defined in Section 11.11.1.

  • New Revolving Lender as defined in Section 2.24.