Performing Lender definition

Performing Lender any Lender that is a Defaulting Lender solely as a result of the occurrence of an event described in clause (d) of the definition of Defaulting Lender that following such event continues to perform all of its obligations under this Agreement and any other Loan Document, and has not been replaced or repaid in accordance with Section 2.17(b).

Performing Lender is defined in Section 10.4.4.

Performing Lender is defined in Section 12.4.4.

Examples of Performing Lender in a sentence

• The Administrative Agent may resign, or shall resign upon the request of the Required Lenders in the event the Administrative Agent becomes a Defaulting Lender and is not a Performing Lender, as Administrative Agent upon ten (10) days’ notice to the Lenders and the Borrower.

• During any other period in which any Lender is not performing its obligations to extend credit under Section 2 (a "Nonperforming Lender"), the Nonperforming Lender shall be deemed to have assigned to each Lender that is not a Nonperforming Lender (a "Performing Lender") all principal and other payments made by the Company under Section 4 that would have thereafter otherwise been payable under the Credit Documents to the Nonperforming Lender.

• During any period in which any Nonperforming Lender is not performing its obligations to extend credit under Section 2, the Nonperforming Lender shall be deemed to have assigned to each Lender that is not a Nonperforming Lender (a "Performing Lender") all principal and other payments made by the Borrower under Section 4 that would have thereafter otherwise been payable under the Credit Documents to the Nonperforming Lender.

• The Administrative Agent may resign, or shall resign upon the request of the Required Xxxxxxx in the event the Administrative Agent becomes a Defaulting Xxxxxx and is not a Performing Lender, as Administrative Agent upon ten (10) days’ notice to the Lenders and the Borrower.

• During any other period in which any Lender is not performing its obligations to extend credit under Section 2 (a "Nonperforming Lender"), the Nonperforming Lender shall be deemed to have assigned to each Lender that is not a Nonperforming Lender (a "Performing Lender") all principal and other payments made by the Borrower under Section 4 that would have thereafter otherwise been payable under the Credit Documents to the Nonperforming Lender.

More Definitions of Performing Lender

Performing Lender means any Lender that (i) is a Defaulting Lender solely as a result of the occurrence of an event described in clause (d) of the definition of Defaulting Lender, (ii) following the event referred to in clause (i) above, continues to perform all of its obligations under this Agreement as and when due, and (iii) has not been replaced in accordance with Section 2.22(c).

Performing Lender is defined in Section 12.4.4. -----------------

Performing Lender is defined in Section 14.4.4.

Performing Lender has the meaning set forth in Section 2.4(e).

Performing Lender has the meaning provided in Section 11.4.3.

Performing Lender has the meaning provided in Section 10.4.

Performing Lender means any Lender that is not a Delinquent Lender or a Non-Performing Deteriorating Lender.