Prospective Lenders definition

Prospective Lenders as defined in Section 2.1(c).
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Prospective Lenders means financial institutions, banks or any other entities of such project financing track record as may be prescribed, who in principle or agreeable to provide guarantees or finance to the Bidder under any of the financing documents.
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Prospective Lenders means one or more of the financial institutions named in
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Examples of Prospective Lenders in a sentence

  • Increases in Commitments and new Commitments created pursuant to this Section shall become effective (A) in the case of Prospective Lenders already parties hereto, on the date specified in the notice delivered pursuant to this Section and (B) in the case of Prospective Lenders not already parties hereunder, on the effective date of the Accession Agreement.

  • Increases and new Commitments created pursuant to this Section shall become effective (A) in the case of Prospective Lenders already parties hereunder, on the date specified in the notice delivered pursuant to this Section and (B) in the case of Prospective Revolving Lenders not already parties hereunder, on the effective date of the Accession Agreement.

  • Increases and new Commitments created pursuant to this Section shall become effective (A) in the case of Prospective Lenders already parties hereunder, on the date specified in the notice delivered pursuant to this Section and (B) in the case of Prospective Lenders not already parties hereunder, on the effective date of the Accession Agreement.

  • If the Participating Lenders and the Prospective Lenders notify the Administrative Agent that they are willing to commit to fund a portion of the Incremental Term Loan so that the aggregate amount of such commitments shall equal or exceed the amount of the Incremental Term Loan, the Incremental Term Loan shall be allocated among the Participating Lenders and the Prospective Lenders willing to participate therein in such amounts as are agreed between the Borrower and the Administrative Agent.

  • Alcoa and each of the Prospective Lenders named below have caused this Notice of Prospective Lenders’ Commitments to be executed by their respective authorized officers as of the day and year first above written.

  • The Borrower agrees to pay on the date of this Agreement to the Agent for the account of each Bank the participation or amendment fee due such Bank pursuant to that certain Memorandum to Prospective Lenders dated November 11, 1998 from Citicorp Securities, Inc.

  • If one or more Lenders or Prospective Lenders agree to make Supplemental Term Loans, Borrower shall give written notice to Administrative Agent specifying the aggregate amount of the Supplemental Term Loans to be made, the amount of Supplemental Term Loans to be made by each Lender or Prospective Lender, the proposed Funding Date of such Supplemental Term Loans and the interest rates and fees payable with respect to such Supplemental Term Loans.

  • Increases and new Commitments created pursuant to this Section shall become effective (A) in the case of Prospective Lenders already parties hereunder, on the date 56 50 specified in the notice delivered pursuant to this Section and (B) in the case of Prospective Revolving Lenders not already parties hereunder, on the effective date of the Accession Agreement.

  • If Lenders fail to commit to the full requested increase, one or more financial institutions designated by Borrower Representative and approved by Agent (which approval shall not be unreasonably conditioned, withheld or delayed) that extends revolving credit facilities of this type in its ordinary course of business (such institution, collectively "Prospective Lenders") may issue such additional Revolving Loan Commitments and become a Lender hereunder.

  • If (I) a Facility Increase has not been consummated on or prior to October 31, 2012, (II) Buyer is in discussions with one or more Prospective Lenders and (III) Buyer’s chief executive officer certifies that he believes in good faith that continued discussions with one or more such Prospective Lenders will lead to Commitments meeting the thresholds set forth above on or prior to November 21, 2012, then the Facility Increase Termination Date will be extended to November 21, 2012.


More Definitions of Prospective Lenders

Prospective Lenders is defined in Section 10.6(g).
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Related to Prospective Lenders

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Existing Lenders means the lenders party to the Existing Credit Agreement.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.