Examples of Peso Lender in a sentence
Notwithstanding the foregoing, (x) the Swingline Shekel Lender may only make Swingline Shekel Loans and shall not make any other Swingline Loans, and any other Swingline Lender may not make Swingline Shekel Loans and (y) the Swingline Peso Lender may only make Swingline Peso Loans and shall not make any other Swingline Loans, and any other Swingline Lender may not make Swingline Peso Loans.
Within the foregoing limits and subject to the terms and conditions set forth herein (or as otherwise agreed to among the Revolving Borrower, the Administrative Agent, Swingline Shekel Lender and the Swingline Peso Lender), the Revolving Borrower may borrow, prepay and reborrow Swingline Loans.
The Administrative Agent shall be permitted to receive and rely upon any information in the Peso Register in respect of each Peso Lender and the Peso Commitments of, and principal amounts (and stated interest) owing to, each such Lender.
The Argentine Paying Agent, acting solely for this purpose as an agent of the Borrower, shall maintain a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Peso Lenders, and the Peso Commitments of, and principal amounts (and stated interest) of the Peso Loans owing to, each Peso Lender pursuant to the terms hereof from time to time (the “Peso Register”).
The Administrative Agent and Paying Agent will promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office; provided that the Administrative Agent shall provide the Paying Agent with such information necessary to make such payments to any Peso Lender.
In the event that, on the 10th day after the General Administrative Agent shall have delivered such notice, the Eligible US/UK Lenders shall have agreed pursuant to the preceding sentence to assume Peso Commitments in an aggregate amount greater than the total Peso Commitment requested by the Company, the Peso Commitment of each New Peso Lender shall be allocated ratably to the New Peso Lenders in accordance with the Peso Commitments accepted by them.
Each Initial Peso Lender severally and not jointly with the other Initial Peso Lenders agrees, on the terms and subject to the conditions set forth herein, and relying on the representations and warranties set forth herein, to make a single term loan in Mexican Pesos (each, a “Peso Loan”) in a single disbursement to the Company on the Closing Date in a principal amount not to exceed the Peso Commitment of such Initial Peso Lender.
For all purposes under this Agreement, a New Peso Lender shall be treated as a Peso Lender to the extent of its Peso Commitment.
Subject to Section 4.5, each payment received by (x) the Administrative Agent under this Agreement for account of any Dollar Lender or (x) the Argentine Paying Agent under this Agreement for account of any Peso Lender shall be paid by the applicable Agent promptly to such Lender, but in any event within one (1) Business Day, for account of such Lender’s applicable Lending Office.