RL Lender definition

Examples of RL Lender in a sentence

  • The Administrative Agent shall promptly notify each Bidder RL Lender of each such request for a Competitive Bid Borrowing received by it from a Borrower by transmitting (by way of facsimile) to each such Bidder RL Lender a copy of the related Notice of Competitive Bid Borrowing.

  • Promptly after it receives such notice, the Agent shall notify each RL Lender of the contents thereof.

  • Coincident with the delivery of such Incremental Revolving Loan Commitment Agreement for acceptance and registration of the provision of an Incremental Revolving Loan Commitment, or as soon thereafter as practicable, new Revolving Notes, as the case may be, shall be issued to the respective Incremental RL Lender at the request of such Incremental RL Lender.

  • In addition to the adjustments contemplated above, upon the occurrence of a Sharing Event, in accordance with the provisions of Section 1.14(d), the "L/C Participation Percentages" of the RL Lenders shall be adjusted, so that each RL Lender shall participate in each outstanding Letter of Credit (whether a Multicurrency Facility Letter of Credit or a Dollar Facility Letter of Credit) in accordance with its RL Percentage, in each case as more fully described in Section 1.14(d).

  • Coincident with the delivery of such Incremental Revolving Loan Commitment Agreement for acceptance and registration of the provision of an Incremental Revolving Loan Commitment, or as soon thereafter as practicable, new Revolving Notes shall be issued to the respective Incremental RL Lender at the request of such Incremental RL Lender.


More Definitions of RL Lender

RL Lender means each Canadian Borrower RL Lender and each U.S. Borrower RL Lender.
RL Lender means at any time each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans or any participation in one or more outstanding Letters of Credit.
RL Lender means, at any time, each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans at such time. “RL Percentage” of any Lender at any time shall mean a fraction (expressed as a percentage) the numerator of which is the Revolving Loan
RL Lender means each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans. The 2016 Revolving Lenders and the 2017 Revolving Lenders shall be RL Lenders for all purposes of this Agreement.
RL Lender means each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans (or participations in other Revolving Obligations).