Refusing Lender definition

Refusing Lender has the meaning set forth in Section 2.5(a).
Refusing Lender has the meaning set forth in Section 2.20(a).
Refusing Lender as defined in Section 10.15(a).

Examples of Refusing Lender in a sentence

  • If any Lender does not consent in writing or respond to the Borrower's request then such Lender (a "Refusing Lender") shall be deemed to have rejected such request.

  • IBPSA Nordic / NORVAC 2018 workshop at VVS- dagene 2018, 17-19 October, Lillestrøm, Norway.

  • Any Lender (a "Refusing Lender") that does not confirm to the Agent and the Borrower within 7 days after receipt of such notice from the Borrower that it will make such Advance requested by the Borrower, may, in its sole discretion, refuse to provide such Advance.

  • The Company shall indemnify each Lender (whether an Extending Lender or Refusing Lender) for any loss or expense payable to such Lender pursuant to Section 2.8 as a result of any extension of the Maturity Date pursuant to this Section 2.17 and any assignment of such Lender’s Commitments and Advances or any reallocation of such Lender’s Pro Rata Share in connection with such extension.

  • This is normally paid to partners at a rate of interest on capital.

  • On the Initial Termination Date (or the First Extended Facility A Termination Date (as the case may be)), the Company shall repay each Refusing Lender such Refusing Lender's share of each outstanding Utilisation under the relevant Facility which is the subject of the relevant Extension Request and all other sums in relation thereto then due to that Lender in respect of that Facility pursuant to the Finance Documents but unpaid together with accrued interest thereon.

  • If any Lender does not consent or respond to the Borrower's request then such Lender (a "Refusing Lender") shall be deemed to have rejected such request.

  • Subject to clause 2.5(e), the Proposed Participation of each Refusing Lender in the relevant Facility held by that Refusing Lender as at the Initial Termination Date (or the First Extended Facility A Termination Date (as the case may be)) shall automatically be cancelled and reduced to zero (0) on the Initial Termination Date (or the First Extended Facility A Termination Date (as the case may be).

  • Given the uncommitted character of the Uncommitted Facility, a Refusing Lender may refuse to fund any requested Utilisation even if the conditions set out in paragraph (b) below are complied with by the proposed Borrower(s).

  • For the avoidance of doubt, the other Lenders under the Uncommitted Facility shall have no obligation whatsoever to make available (part of) the requested Utilisation that would otherwise have been funded by the Refusing Lender.


More Definitions of Refusing Lender

Refusing Lender has the meaning given to that term in Clause 5.4(b) (Availability).
Refusing Lender has the meaning specified in Section 2.04(b)(iv).
Refusing Lender means a Lender or Lenders that refuses to grant a waiver or give its consent or that does not respond to a waiver or consent request within a reasonable time set out in the relevant request and such vote prevents a waiver or consent to be given under the Agreement regardless of whether the decision requires the approval of all the Lenders or the Majority Lenders.
Refusing Lender has the meaning assigned to that term in subsection 2.1F.

Related to Refusing Lender

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

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

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

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

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

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

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

  • New Revolving Lender as defined in Section 2.24.

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

  • Notifying Lender has the meaning given in Clause 23.1 or Clause 24.1 as the context requires;

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • New Lender as defined in Section 2.1(c).

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

  • Exiting Lender see Section 2.17.7.

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

  • Requisite Revolving Lenders means Lenders having (a) more than 66 2/3% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Revolving Loan.

  • Non-Accepting Lender has the meaning assigned to such term in Section 2.24(c).

  • Existing Lenders has the meaning specified in the recitals hereto.

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

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Selling Lender has the meaning specified in Section 11.7 (

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Augmenting Lender has the meaning assigned to such term in Section 2.20.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

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