RC Lender definition

RC Lender means (i) any Lender with an "RC Commitment" designated on Schedule 1.1 hereto and (ii) any Person that is assigned any or all of the rights or obligations of an RC Lender with respect to its RC Commitment or RC Loans, from time to time, pursuant to Section 12.9.
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RC Lender means each Lender that has an RC Commitment or that is the holder of RC Loans.
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RC Lender each Lender designated as an "RC Lender" on Schedule 1.1 hereto and each successor and assign thereof.
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Examples of RC Lender in a sentence

  • Notwithstanding anything herein to the contrary, the funding obligation of each Pre-Funded RC Lender in respect of its participation in Pre-Funded RC Borrowings shall be satisfied in full upon the funding of its Pre-Funded RC Deposit.

  • Upon receipt of any such notice, the Administrative Agent shall promptly notify each RC Lender of the contents thereof and the amount (based on a pro rata reduction to each RC Lender's Commitment) to which such RC Lender's RC Commitment is to be reduced.

  • The Issuer shall refund through the Administrative Agent any costs and expenses reimbursed by such RC Lender that are subsequently recovered from the Borrowers in an amount equal to such RC Lender's ratable share thereof.

  • Each Joining Subsidiary and each existing Borrower shall execute and deliver to the Administrative Agent a replacement Note or Allonge for each Tranche A Lender and each RC Lender, as necessary.

  • A Working Capital RC Lender may become an additional L/C Issuer hereunder pursuant to a written agreement among the Borrower, the Administrative Agent and such Working Capital RC Lender.

  • In the event that the Administrative Agent receives such funds from an RC Lender at or before 2:00 p.m. (Philadelphia, Pennsylvania time) on any day, the Administrative Agent shall make available the amount thereof to the Issuer, in immediately available funds no later than 4:00 p.m. (Philadelphia, Pennsylvania time) on that same day.

  • Until each Working Capital RC Lender funds its Base Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Pro Rata Share of any Swing Line Loan, interest in respect of such Pro Rata Share shall be solely for the account of the Swing Line Lender.

  • Each RC Lender (other than the Issuer) shall, in the event it receives such notice from the Issuer at or before 12:00 noon (Philadelphia, Pennsylvania time) on any Business Day, fund its participation in any unreimbursed Drawing by remitting to the Administrative Agent, no later than 2:00 p.m. (Philadelphia, Pennsylvania time) on such day, in immediately available funds its share of the reimbursement obligations in respect of each Drawing.

  • Immediately upon the making of a Swing Line Loan, each Working Capital RC Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of such Lender’s Pro Rata Share times the amount of such Swing Line Loan.

  • Moreover, any RC Lender that shall fail to make available the required amount shall not be entitled to vote on or consent to or approve any matter under this Agreement and the other Loan Documents until such amount with interest is paid in full to the Swing Loan Lender by such RC Lender.


More Definitions of RC Lender

RC Lender means, at any time, each Lender with a Revolving Loan Commitment (or after the termination of the Total Revolving Loan Commitment, each Lender which had a Revolving Loan Commitment immediately prior to such termination).
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RC Lender means any Canadian RC Lender or any U.S. RC Lender.
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RC Lender each Lender that is a party to Amendment No. 5 in respect of a New RC Commitment and each successor and assign thereof. Each Additional RC Lender shall be an RC Lender to the extent any such Person has executed Amendment No. 5 and to the extent the RC Repricing Amendments (as defined therein) have become effective in accordance with the terms hereof and thereof, and each Continuing RC Lender shall continue to be an RC Lender. The RC Lenders as of the RC Repricing Effective Date shall be as set forth in the Register at the time the Register is updated and/or modified to reflect and give effect to the RC Repricing Amendments and the transactions contemplated by Amendment No. 5. RC Maturity Date: October 27, 2022, as the same may be extended pursuant to the terms of this Agreement, or, as applicable, such earlier date as the RC Commitment shall have been terminated in full.
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RC Lender means such financial institution as is appointed by the Borrowers prior to the Commencement Date with the consent of the Administrative Agent and the agreement of such institution to make Revolving Loans hereunder.
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Related to RC Lender

  • L/C Lender a Lender with an L/C Commitment.

  • Tranche C Lender means each Lender that has a Tranche C Commitment on Schedule 2.1 or any Lender to which a portion of the Tranche C Commitment hereunder has been assigned pursuant to an Assignment and Assumption.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Company.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Increase Lender has the meaning given to that term in Clause 2.2 (Increase).

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of Swingline Loans hereunder.

  • Exiting Lender see Section 2.17.7.

  • New Revolving Lender as defined in Section 2.24.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.