Examples of Revolving Dollar Lender in a sentence
To the extent that any Revolving Dollar Lender fails to make its Dollar Portion available to the Administrative Agent for the accounts of the Foreign Currency Lenders, the Borrower agrees to pay such Dollar Portion on demand in immediately available funds in Dollars for the benefit of the Foreign Currency Lenders (as payment for the Foreign Currency Loans).
If all or part of such amount is not in fact made available by such Revolving Dollar Lender to the Administrative Agent on such date, the Foreign Currency Lenders shall be entitled to recover any such unpaid amount on demand from such Revolving Dollar Lender together with interest accrued from such date at the Alternate Base Rate.
Upon such payment by a Revolving Dollar Lender, such Revolving Dollar Lender shall, except as provided in clause (c) below, be deemed to have made a Revolving Dollar Loan to the Borrower in the principal amount of such payment and bearing interest at the Alternate Base Rate.
To the extent that any Revolving Dollar Lender fails to make its Dollar Portion available to the Administrative Agent for the accounts of the Peso Revolving Credit Lenders, the Company agrees to pay such Dollar Portion on demand in immediately available funds in Dollars for the benefit of the Peso Revolving Credit Lenders (as payment for the Peso Revolving Credit Loans).
The Company shall assume that information provided from the Client to the Company is accurate and complete and the Company shall have no responsibility to the Client if such information is incomplete or misleading or changes or becomes inaccurate, unless the Client has informed the Company of such changes.
Upon such payment by a Revolving Dollar Lender, such Revolving Dollar Lender shall, except as provided in clause (c) below, be deemed to have made a Dollar Revolving Credit Loan to the Company in the principal amount of such payment and bearing interest at the Base Rate.
Borrower agrees to pay a commitment fee (a “Commitment Fee”) to each Revolving Dollar Lender, and the Euro Borrower agrees to pay a Commitment Fee to each Revolving Euro Lender, in each case for which payment will be made in arrears through the Applicable Agent on the last day of March, June, September and December, and on the Commitment Fee Termination Date (as defined below).
Any payment made by a Revolving Dollar Lender pursuant to this paragraph to reimburse the Issuing Bank for any LC Disbursement (other than the funding of ABR Revolving Dollar Loans as contemplated above) shall not constitute a Revolving Dollar Loan and shall not relieve the U.S. Borrower of its obligation to reimburse such LC Disbursement.
If all or part of such amount is not in fact made available by such Revolving Dollar Lender to the Administrative Agent on such date, the Foreign Currency Lenders shall be entitled to recover any such unpaid amount on demand from such Revolving Dollar Lender together with interest accrued from such date at the Base Rate.
In consideration and in furtherance of the foregoing, each Revolving Dollar Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent, for the account of the Issuing Bank, such Revolving Dollar Lender's Commitment Percentage of each LC Disbursement made by the Issuing Bank and not reimbursed by the U.S. Borrower on the date due as provided in paragraph (f) of this Section, or of any reimbursement payment required to be refunded to the U.S. Borrower for any reason.