Operating Lenders definition

Operating Lenders means, collectively, the Canadian Operating Lender and the U.S. Operating Lender, and “Operating Lender” means either one of them as the context requires.

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Operating Lenders has the meaning given to that term in Section 5.07(b).

Operating Lenders means, collectively, the financial institutions set forth on the signature pages hereof as Lenders with Lender’s Operating Commitments (and any Assignee thereof upon such Assignee executing and delivering an assignment and assumption agreement referred to in Section 11.08(5) to the Borrowers and the Agent), and in the singular any one of such Lenders.

Examples of Operating Lenders in a sentence

• The sole obligation of the Operating Lenders, the Fronting Lenders, and the Agent and the Lenders with respect to Letters of Credit is to cause to be paid a Draft drawn or purporting to be drawn in accordance with the terms of the applicable Letter of Credit and for such purpose the relevant Operating Lender, the relevant Fronting Lender, or Agent, as the case may be, is only obliged to determine that the Draft purports to comply with the terms and conditions of the relevant Letter of Credit.

• Notwithstanding any other provision of the Documents to the contrary, the Operating Lenders, the Fronting Lenders, the Agent and the Lenders shall not be liable to any of the Borrowers for any consequential, indirect, punitive or exemplary damages with respect to action taken or omitted to be taken by any of them under or in respect of any Letter of Credit.

More Definitions of Operating Lenders

Operating Lenders means the financial institutions listed as such in the signature pages of this Agreement and each Transferee of such Person relative to its rights and obligations under the Operating Facility and any immediate or subsequent Transferee of any such Transferee relative to such rights and obligations;

Operating Lenders means the Owner Trustee, the Collateral Trustee and the Participants.

Operating Lenders means the Cdn. Operating Lender and the U.S. Operating Lenders, and "OPERATING LENDER" shall mean any one of the Operating Lenders.

Operating Lenders means, collectively, the Revolving Lenders and the Overdraft Lender and “Operating Lender” shall mean any one of the Operating Lenders.

Operating Lenders has the meaning given to that term in Section 5.07(b). “Operating Projects” means the Projects listed on Schedule 1.01(f).