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.

• Upon the satisfaction of all of Borrower's obligations to Lender's Agent, on behalf of the Relevant Lender hereunder, any remaining Collateral held by Lender's Agent on behalf of the Relevant Lender shall be returned to Borrower.

• 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.

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 given to that term in Clause 5.4 (Lenders’ participation).

Relevant Lender means with respect to any Loan in MEX$ or USD, a Mexican Lender and with respect to any Loan in Euros, a Lender who is not a Mexican Lender.

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

Relevant Lender means the Public Works Loan Board, the Bank of England, the European Investment Bank, a body mentioned in any of paragraphs 1 to 17, or in paragraph 28 or 29, of Part II of the Schedule to the Local Authorities (Capital Finance) (Approved Investments) Regulations 1990(3), an authorised institution within the meaning of the Banking Act 1987(4) or a building society within the meaning of the Building Societies Act 1986(5).”.