Schedule II Lenders definition

Schedule II Lenders means, at any time, the Lenders that are listed in Schedule II to the Bank Act (Canada) at such time.
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Schedule II Lenders means the Lenders that are listed on Schedule II to the Bank Act (Canada).
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Schedule II Lenders means the Lenders that are not Schedule I Lenders.
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Examples of Schedule II Lenders in a sentence

  • To determine the amount of such BA Discount Proceeds, the hypothetical sale shall be deemed to take place at a BA Discount Rate equal to the rate paid by Schedule II Lenders and Schedule III Lenders set out in Section 5.6. Any BA Equivalent Drawing shall be made on the relevant Drawing Date, Rollover Date or Conversion Date as the case may be and shall remain outstanding for the term of the relevant Bankers’ Acceptance Drawing.

  • To determine the amount of such BA Discount Proceeds, the hypothetical sale shall be deemed to take place at a BA Discount Rate equal to the rate paid by Schedule II Lenders and Schedule III Lenders set out in Section 5.6. Any BA Equivalent Drawing shall be made on the relevant Drawing Date, Rollover Date or Conversion Date as the case may be and shall remain outstanding for the term of the relevant Bankers' Acceptance Drawing.


More Definitions of Schedule II Lenders

Schedule II Lenders means a Lender which is a Canadian chartered bank that is listed on Schedule II or Schedule III to the BANK ACT (Canada).
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Schedule II Lenders means the Canadian Tranche A Lenders that are not Schedule I Lenders;
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Related to Schedule II Lenders

  • Schedule I Lender means any Lender named on Schedule I to the Bank Act (Canada).

  • Schedule III bank means an authorized foreign bank named in Schedule III of the Bank Act (Canada);

  • Increasing Lenders is defined in Section 2.14.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Original Lenders shall have the meaning assigned to such term in the recitals.

  • Existing Lenders as defined in the recitals hereto.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • New Lender Supplement as defined in Section 2.1(c).

  • Term Lenders means those Lenders having Term Loan Commitments.

  • Increase Lender has the meaning given to that term in Clause 2.2 (Increase).

  • Extending Lenders has the meaning specified in Section 2.08.

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Existing Banks means each Person which was a Bank under, and as defined in, the Existing Credit Agreement.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Commitment Schedule means the Schedule attached hereto identified as such.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.