Remaining Banks definition

Remaining Banks has the meaning assigned to such term in Section 2.06(j)(ii).
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Remaining Banks shall have the meaning set forth in Section 5.04(b).
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Remaining Banks shall have the meaning given to such term in Section 2.14(c).
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Examples of Remaining Banks in a sentence

  • The Remaining Banks shall not unreasonably withhold such consent if NovaCare is requesting a termination pursuant to clause (i) of the first paragraph of Section 5.04(b).

  • Such notice must be delivered at least three Business Days prior to the Termination Date and no more than thirty (30) days following NovaCare's receipt of approval from the Remaining Banks to terminate the Bank to be Terminated.

  • The Borrowers also shall repay the Loans of the Remaining Banks outstanding on the Termination Date if such reduction is necessary to cause the sum of Loans and Letters of Credit outstanding on such date not to exceed the Commitments (as reduced).

  • If the Remaining Banks agree to such termination, NovaCare shall notify all of the Banks of the date on which such termination shall be effective (the "Termination Date").

  • It is acknowledged that the effect of the termination of the Commitment of the Bank to be Terminated pursuant to clause (1) above and the reduction of the Commitments pursuant to clause (2) above includes, without limitation, that the Ratable Shares of each of the Remaining Banks shall increase ratably and the aggregate of such increases will equal the Ratable Share of the Bank to be Terminated immediately prior to the Termination Date.

  • If NovaCare requests that the Commitment of a Bank be terminated (the "Bank to be Terminated") pursuant to this Section 5.04(b), such Commitment shall be terminated pursuant to the procedures set forth below if each of the Banks other than the Bank to be Terminated (the "Remaining Banks") agrees to such request.

  • Any Fixed Rate Loans constituting a part of the Old Loans purchased by the Remaining Banks under Section 4.04 shall be allocated among the Remaining Banks to the extent possible so that Fixed Rate Loans having the same Interest Period shall be shared pro rata among the Remaining Banks based upon their Commitments as of the Effective Date.

  • Upon the making of a New Loan by a Remaining Bank on the Effective Date, such Remaining Bank's Effective Date Commitment shall be terminated.

  • Based upon such calculation, each New Bank and any applicable Remaining Bank shall purchase from the Original Banks such shares in the outstanding Revolving Loans as Agent determines is necessary to cause each Remaining Bank and each New Bank to hold Revolving Loans in each outstanding Revolving Loan Borrowing in a principal amount equal to such Remaining Bank's and such New Bank's Pro Rata Share of such Revolving Loan Borrowings.

  • Upon receipt of such a request, the Agent shall promptly deliver to the Remaining Banks a written notice stating the proposed reduced Total Commitment with each Remaining Bank's proposed recalculated Commitment Percentage.


More Definitions of Remaining Banks

Remaining Banks means the Banks remaining after substitution of a Bank in accordance with Section 12.15 hereof.
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Remaining Banks means the Banks other than the Departing Banks and includes any Bank signatory hereto which was not a party to the Original Credit Agreement.
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Related to Remaining Banks

  • Purchasing Banks as defined in subsection 10.5(d).

  • Participating Banks means the list of Banks as set out in Table 2 below.

  • Tranche A Lenders means the Lenders who hold Tranche A Loans or who have Tranche A Commitments.

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

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

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

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

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Exiting Lender see Section 2.17.7.

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

  • Existing Lenders means the lenders party to the Existing Credit Agreement.

  • Issuing Banks means, individually and collectively as the context may require, (a) Citi, in its capacity as an issuer of Letters of Credit hereunder, and any successors in such capacity, and (b) and any other Lender from time to time designated by the Borrower as an Issuing Bank, with the consent of such Lender and the Administrative Agent and such Lender’s successors in such capacity. Any Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of such Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate. At any time there is more than one Issuing Bank, all singular references to the Issuing Bank shall mean any Issuing Bank, either Issuing Bank, each Issuing Bank, the Issuing Bank that has issued the applicable Letter of Credit, or both (or all) Issuing Banks, as the context may require.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

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

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

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

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

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

  • New Lenders has the meaning set forth in Section 2.16(c).

  • 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.

  • Total Commitments means the aggregate of the Commitments of all the Lenders.

  • Continuing Lenders as defined in the recitals hereto.

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

  • Initial Issuing Banks has the meaning specified in the recital of parties to this Agreement.