Reduced Lender definition

Reduced Lender shall have the meaning assigned to such term in the recitals hereto.
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Reduced Lender has the meaning specified in Section 2.4(b).
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Reduced Lender has the meaning set forth in Section 2.06(d).
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Examples of Reduced Lender in a sentence

  • By its signature below, each Lender not exchanging its Term B Loan for a Term Loan and each Reduced Lender consents to such prepayment.

  • The Borrower shall prepay each Reduced Lender that portion of its Term B Loans which exceeds the amount of its Term Loan Commitment.

  • Any such reallocation shall be subject to execution of documentation with respect thereto by the Borrowers, the Administrative Agents, the Lender whose Commitment is reduced pursuant to such reallocation (the "Reduced Lender") and the Lender that will assume the increased Commitment resulting from such reallocation, which may be the Reduced Lender or an affiliate thereof (the "Increased Lender").

  • Any such reallocation shall not require any consent or approval of any Lender other than the Reduced Lender and the Increased Lender, but the amounts of the respective Commitments of such other Lenders shall not be changed by any such reallocation.

  • Reduced Lender voting majorities are often agreed in relation to a number of matters not reflected in the Leveraged Facilities Agreement: see Clause 41 (Amendments and Waivers) below.

  • The Borrower shall prepay all Term B Loans of Lenders that do not execute and deliver a counterpart of this Amendment and Restatement on the Effective Date and the Reduced Lenders with a portion of the gross proceeds of such Term C Loans and, by its signature below, each Lender exchanging its Term B Loan for a Term C Loan and each Reduced Lender consents to such prepayment.


More Definitions of Reduced Lender

Reduced Lender has the meaning set forth in Section 2.08(d).
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Related to Reduced Lender

  • Terminated Lender as defined in Section 2.19.

  • Replaced Lender shall have the meaning provided in Section 2.13.

  • Declining Lender has the meaning specified in Section 2.05(c).

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

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

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

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Defaulting Lender means any Lender with respect to which a Lender Default is in effect.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Approved Lender is defined in Section 12.1.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • 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.

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

  • 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.

  • Designating Lender has the meaning specified in Section 8.07(h).

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

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Potential Defaulting Lender means, at any time, (i) any Lender with respect to which an event of the kind referred to in the definition of “Lender Insolvency Event” has occurred and is continuing in respect of any Subsidiary of such Lender, or (ii) any Lender that has notified, or whose Lender Parent or a Subsidiary thereof has notified, the Administrative Agent, the Borrower or any LC Issuing Bank in writing, or has stated publicly, that it does not intend to comply with its funding obligations generally under other loan agreements, credit agreements and other similar agreements, unless such writing or statement states that such position is based on such Lender’s determination that one or more conditions precedent to funding cannot be satisfied (which conditions precedent, together with the applicable default, if any, will be specifically identified in such writing or public statement). Any determination by the Administrative Agent that a Lender is a Potential Defaulting Lender under any of clauses (i) and (ii) above will be conclusive and binding absent manifest error, and such Lender will be deemed a Potential Defaulting Lender (subject to Section 2.19(f) hereof) upon notification of such determination by the Administrative Agent to the Borrower, the LC Issuing Banks and the Lenders.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Assigning Lender means as specified in Section 13.8(b).

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

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

  • Increased-Cost Lenders as defined in Section 2.23.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.