Sanctioned Lender definition

Sanctioned Lender means a Lender that is a Sanctioned Person.
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Sanctioned Lender means, at any time, a Lender that is either (a) a Sanctioned Person or (b) subject to Sanctions that would materially restrict its interests, rights or obligations under (or materially restrict or impair any Person in dealing with such Lender in relation to) the Loan Documents.
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Sanctioned Lender means any Lender which is (or becomes) a Restricted Party, where a Party has notified the Facility Agent that that Party or any Affiliate of a Party would be in breach of any applicable Sanctions as a result of that Lender being a Restricted Party (including as a result of payments to be made under the Finance Documents).
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Examples of Sanctioned Lender in a sentence

  • Without limiting the generality of the foregoing, the Administrative Agent shall not (x) be obligated to ascertain, monitor or inquire as to whether any Lender or prospective Lender is a Disqualified Lender or Sanctioned Lender or (y) have any liability with respect to or arising out of any assignment, or disclosure of confidential information, to any Disqualified Lender or Sanctioned Lender.

  • Promptly upon any Lender becoming a Sanctioned Lender and/or a Restricted Party, that Lender shall provide written notice to the Facility Agent and each Borrower.

  • Without limiting the generality of the foregoing, the Administrative Agent shall not (x) be required to ascertain, monitor or inquire as to whether any prospective Lender is a Disqualified Lender or Sanctioned Lender or (y) have any liability with respect to or arising out of any assignment, or disclosure of confidential information, to any Disqualified Lender or Sanctioned Lender.


More Definitions of Sanctioned Lender

Sanctioned Lender means any Person that is a Sanctions Target.
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Related to Sanctioned Lender

  • Sanctioned Person means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union or any European Union member state, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or controlled by any such Person or Persons described in the foregoing clauses (a) or (b).

  • Sanctioned Jurisdiction means, at any time, a country, territory or geographical region that is subject to, the target of, or purported to be subject to, Sanctions Laws.

  • Sanctioned Country means, at any time, a country, region or territory which is itself the subject or target of any Sanctions (at the time of this Agreement, Crimea, Cuba, Iran, North Korea, Sudan and Syria).

  • Sanctioned Countries shall have the meaning set forth in Section 4.30.

  • Approved Lender is defined in Section 12.1.

  • Specified Loan Party means any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.11).

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.