Replaceable Lender definition

Replaceable Lender has the meaning specified in Section 3.08(a).
Replaceable Lender shall have the meaning set forth in Section 10.02(j).
Replaceable Lender means a Conflicted Lender, a Defaulting Lender, an Increased Costs Lender, an Illegal Lender, a Non-Consenting Lender, a Non-Market Lender or a Lender to whom an Obligor becomes obliged to repay or prepay any amount in accordance with paragraph (iii) of Clause 9.3 (High Yield Notes and Bondco Loans) but, in each case, shall not include any Lender that is a Sponsor Affiliate.

Examples of Replaceable Lender in a sentence

  • In connection with any such replacement, if any such Replaceable Lender does not execute and deliver to the Administrative Agent a duly executed Assignment and Assumption reflecting such replacement within two Business Days of the date on which the assignee Lender executes and delivers such Assignment and Assumption to such Replaceable Lender, then such Replaceable Lender shall be deemed to have executed and delivered such Assignment and Assumption without any action on the part of the Replaceable Lender.

  • In connection with any such replacement, if any such Replaceable Lender does not execute and deliver to the Administrative Agent a duly executed Assignment and Assumption reflecting such replacement within five Business Days of the date on which the assignee Lender executes and delivers such Assignment and Assumption to such Replaceable Lender, then such Replaceable Lender shall be deemed to have executed and delivered such Assignment and Assumption without any action on the part of the Replaceable Lender.


More Definitions of Replaceable Lender

Replaceable Lender means a Conflicted Lender, a Defaulting Lender, an Increased Costs Lender, an Illegal Lender, a Non-Consenting Lender, a Non-Responding Lender or a Non-Market Lender.
Replaceable Lender has the meaning specified in Section 3.08(a). “Replacement Assets” means (1) substantially all the assets of a Person primarily engaged in a Similar Business or (2) a majority of the Voting Stock of any Person primarily engaged in a Similar Business that will become, on the date of acquisition thereof, a Restricted Subsidiary. “Reply Amount” has the meaning specified in the definition ofDutch Auction.” “Reply Discount” has the meaning specified in the definition of “Dutch Auction.” “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA or the regulations issued thereunder, other than events for which the 30-day notice period has been waived. “Repricing Event” means (i) any prepayment or repayment of the InitialTranche B Term Loans, in whole or in part, with the proceeds of, or conversion of any portion of the InitialTranche B Term Loans into, any new or replacement tranche of syndicated term loans under credit facilities incurred for the primary purpose of repaying, refinancing, or replacing InitialTranche B Term Loans with loans bearing interest with an All-in Yield less than the All-in Yield applicable to such portion of the InitialTranche B Term Loans (as such comparative yields are determined in the reasonable judgment of the Administrative Agent consistent with generally accepted financial practices) and (ii) any amendment to the Tranche B Term FacilityLoans which reduces the All-in Yield applicable to the InitialTranche B Term Loans; provided that a Repricing Event shall not include any event described above that is not
Replaceable Lender means a Conflicted Lender, a Defaulting Lender, an Increased Costs Lender, a Non-Consenting Lender, a Non-Market Lender or a Lender whom an Obligor becomes obliged to repay or prepay in accordance with the illegality provisions of this Term Sheet.
Replaceable Lender has the meaning specified in Section 3.08(a). “Replaced Revolving Facility” has the meaning specified in Section 10.02(d). “Replaced Term Loans” has the meaning specified in Section 10.02(d).
Replaceable Lender shall have the meaning set forth in Section 3.07.
Replaceable Lender has the meaning specified in Section 3.08(a). IF "1" = "1" "#4875-2924-7575v15" "" #4875-2924-7575v15 AMERICAS 120585256
Replaceable Lender means a Competing Lender, a defaulting Lender, an Increased Costs Lender, an Illegal Lender, a Non-Compliant New Lender, a Non-Consenting Lender or a Non-Market Lender.