Relevant Lender definition

Relevant Lender has the meaning ascribed to such term in clause 8.10 (Cash collateralisation).

Relevant Lender means, with respect to each Loan, the Lender to whom such Loan is allocated as shown on the books of Lender's Agent maintained pursuant to Section 1.4 hereof.

Relevant Lender means: a. those institutions and entities listed in Part 1 of Schedule 3 of the Original SEAG Support Letter which have signed an Amendment Letter; or b. those institutions and entities which have acceded to the Original SEAG Support Letter as Acceding Creditors and have signed an Accession Confirmation.

Examples of Relevant Lender in a sentence

• Without prejudice to the survival of any other agreement of the Company hereunder, the agreements of the Company contained in Sections 5.01, 5.06 and 11.03 hereof (without duplication of any payments made to such Relevant Lender by the Company or the Proposed Lender) shall survive for the benefit of such Relevant Lender under this Section 5.07 with respect to the time prior to such replacement.

• Borrower shall be liable to Lender's Agent, on behalf of the Relevant Lender, for the cost of funds which Lender's Agent, on behalf of the Relevant Lender, must advance to purchase such securities during any stay on the application of the Collateral (whether such stay is automatic or imposed by a court or any other governmental agency).

• Lender's Agent may apply the relevant Collateral to the payment of such purchase, after deducting therefrom all amounts, if any, due the Relevant Lender, or Lender's Agent on its behalf, from Borrower under this Agreement.

• In addition to the rights and remedies given to Lender's Agent hereunder, Lender's Agent, on behalf of the Relevant Lender, shall have all the rights and remedies of a secured party under the Uniform Commercial Code of Massachusetts.

• Such use or investment shall be at the risk of the Relevant Lender and, subject to the payment of an agreed rebate fee pursuant to Section 5.2, and any other fees payable hereunder, the Relevant Lender shall be entitled to retain all income and profits therefrom and shall bear all losses therefrom.

More Definitions of Relevant Lender

Relevant Lender means, in connection with any termination or expiration of Commitments, (x) if such expiration or termination occurs pursuant to Section 2.1.1 and after giving effect thereto the Aggregate Outstanding Credit Exposure does not exceed the Aggregate Commitment, each Lender holding a Commitment after giving effect to such expiration or termination and (y) otherwise, each Lender holding a Commitment immediately before giving effect to such expiration or termination and (ii) the Pro Rata Shares of the Relevant Lenders shall be calculated as if the Aggregate Commitment were equal to the sum of the Commitments of the Relevant Lenders as in effect immediately prior to such termination or expiration.

Relevant Lender has the meaning assigned to such term in Section 9.05(i)(vii).

Relevant Lender means a Lender which has, at any time during the Security Period, become a signatory to the Poseidon Principles.

Relevant Lender has the meaning ascribed to such term in Clause 24.13 (Right of Replacement).

Relevant Lender means (i) in the case of a Canadian Loan, the Canadian Lender; (ii) in the case of a UK Loan, the UK Lender; and (iii) in the case of an EMU Loan, the applicable EMU Lender. EuroPentair - see the Preamble.

Relevant Lender has the meaning ascribed to such term in Clause 16.10 (Cash Collateralisation).

Relevant Lender shall have the meaning given to that term in Section 4.22.