Operating Lender definition

Operating Lender means Royal in its capacity as lender under the Operating Credit Agreement;
Operating Lender means a Lender or an Affiliate thereof which has extended Operating Indebtedness to the Borrower or one of its Subsidiaries pursuant to an Operating Indebtedness Agreement.
Operating Lender means ATB in its capacity as the provider of the Operating Facility and any successor pursuant to terms hereof;

Examples of Operating Lender in a sentence

  • The Agent (or, with respect to the Operating Facility, the Operating Lender) shall enter in the foregoing accounts or records details of all amounts from time to time owing, paid or repaid by the Borrower hereunder.

  • The Operating Lender shall make copies of such records available to the Borrower upon its request.

  • The Agent (and, with respect to the Operating Facility, the Operating Lender) shall open and maintain books of account or electronically stored records evidencing all Loans and all other amounts owing by the Borrower to the Lenders hereunder.

  • The Operating Lender will maintain records, in written or electronic form, evidencing all Advances it has made in respect of the Operating Facility.

  • A Letter of Credit issued hereunder shall be issued by the Operating Lender under the Operating Facility.


More Definitions of Operating Lender

Operating Lender means The Toronto-Dominion Bank or any other Lender which hereafter has an Operating Facility Commitment.
Operating Lender means either one of them as the context requires.
Operating Lender means Woodforest National Bank in its capacity as the provider of the Operating Facility;
Operating Lender means Royal Bank, acting in its capacity as the Lender providing an Operating Facility Commitment, and its successors and permitted assigns.
Operating Lender means TD or such other Lender as may be agreed to by the Borrower, the Agent and such other Lender from time to time.
Operating Lender means The Bank of Nova Scotia, its successors and assigns in its capacity as lender under the Operating Credit.
Operating Lender means [***] or any other Lender which hereafter has an Operating Facility Commitment.