Replacement Lenders definition

Replacement Lenders has the meaning specified in Section 2.21(c).
Replacement Lenders is defined in Section 2.6(c)(ii).
Replacement Lenders shall have the meaning assigned to such term in Section 2.20.

Examples of Replacement Lenders in a sentence

  • Until such time as the Replacement Lenders shall have acquired all of the Obligations, the Commitments, and the other rights and obligations of the Holdout Lender hereunder and under the other Loan Documents, the Holdout Lender shall remain obligated to make the Holdout Lender's Pro Rata Share of Advances and to purchase a participation in each Letter of Credit, in an amount equal to its Pro Rata Share of the Risk Participation Liability of such Letter of Credit.

  • Until such time as the Replacement Lenders shall have acquired all of the Obligations, the Commitments, and the other rights and obligations of the Holdout Lender hereunder and under the other Loan Documents, the Holdout Lender shall remain obligated to make its Pro Rata Share of Loans.

  • The Borrower will be responsible for the payment of any breakage costs associated with termination and Replacement Lenders, as set forth in Section 5.05.

  • Notwithstanding anything to the contrary in this Section 2.21, the Facility Termination Date shall not be extended unless the aggregate Commitments of the Consenting Lenders and any Eligible Replacement Lenders joining this Agreement pursuant to this Section 2.21(b) are greater than or equal to the Aggregate Outstanding Credit Exposure as of each Prior Termination Date.

  • The Client has the right to lodge a complaint if he/she believes that his/her interests have been harmed.


More Definitions of Replacement Lenders

Replacement Lenders shall have the meaning assigned to such term in Section 5.06(b).
Replacement Lenders has the meaning specified in Section 2.22(c). Five-Year Credit Agreement 11
Replacement Lenders is defined in Section 5.07(b).
Replacement Lenders shall have the meaning specified in Section 8.3(d) of the Participation Agreement.
Replacement Lenders shall have the meaning ascribed thereto in Section 12.3;
Replacement Lenders has the meaning specified in Section 2.01(b)(iii).
Replacement Lenders to replace such Lender (the “Replaced Lender”); provided, that (i) the notice from such Loan Party to the Replaced Lender and the Administrative Agent provided for herein above shall specify an effective date for such replacement (the “Replacement Effective Date”), which shall be at least five (5) Business Days after such notice is given and (ii) as of the relevant Replacement Effective Date, each Replacement Lender shall enter into an Assignment and Acceptance with the Replaced Lender pursuant to Section 9.07(a) (but shall not be required to pay the processing fee otherwise payable to the Administrative Agent pursuant to Section 9.07(a)), pursuant to which such Replacement Lenders collectively shall acquire, in such proportion among them as they may agree with such Loan Party and the Administrative Agent, all (but not less than all) of the Commitments and outstanding Advances of the Replaced Lender, and, in connection therewith, shall pay to the Replaced Lender, as the purchase price in respect thereof, an amount equal to the sum as of the Replacement Effective Date, without duplication, of (x) the unpaid principal amount of, and all accrued but unpaid interest on, all outstanding Advances of the Replaced Lender and (y) the Replaced Lender’s ratable share of all accrued but unpaid fees owing to the Replaced Lender hereunder.