Settlement Lender definition

Settlement Lender means, for the purposes of Section 4.7, the Agent in its capacity as a Lender.
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Settlement Lender has the meaning set forth in Section 2.13.
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Examples of Settlement Lender in a sentence

  • Upon demand by another Lender, with notice thereof to the Agent, the Settlement Lender shall pay to the Agent, for the account of such other Lender, as a repurchase of such participation, an amount equal to such other Lender's Commitment Percentage of any such amounts (after application thereof to the repurchase of any participations of the Settlement Lender in such other Lender's Commitment Percentage of any Non-Ratable Loans) paid only to the Settlement Lender by the Agent.

  • All payments of principal, interest and any other amount with respect to such Non-Ratable Loan shall be payable to and received by the Agent for the account of the Settlement Lender.

  • The making of each Non-Ratable Loan by the Settlement Lender shall be deemed to be a purchase by the Settlement Lender of a one hundred percent (100%) participation in each other Lender's Commitment Percentage of the amount of such Non-Ratable Loan.

  • Upon demand by the Settlement Lender, with notice thereof to the Agent, each other Lender shall pay to the Settlement Lender, as the repurchase of such participation, an amount equal to one hundred percent (100%) of such Lender's Commitment Percentage of the principal amount of such Non-Ratable Loan.

  • If a Settlement Report indicates that no Revolving Credit Loans have been made during the period since the next preceding Settlement Date, then such Lender's Commitment Percentage of any amounts received by the Agent in respect of Revolving Credit Loans but paid only to the Settlement Lender shall be paid by the Settlement Lender to the Agent, for the account of such Lender.

  • If a Settlement Report indicates that no Revolving Credit Loans have been made during the period since the next preceding Settlement Date, then such Lender's Commitment Percentage of any amounts received by the Agent but paid only to the Settlement Lender shall be paid by the Settlement Lender to the Agent, for the account of such Lender.

  • Upon demand by the Settlement Lender, with notice thereof to the Agent, each other Lender shall pay to the Settlement Lender, as the repurchase of such participation, an amount equal to 100% of such Lender's Commitment Percentage of the principal amount of such Non-Ratable Loan.

  • The making of each Non-Ratable Loan by the Settlement Lender shall be deemed to be a purchase by the Settlement Lender of a 100% participation in each other Lender's Commitment Percentage of the amount of such Non-Ratable Loan.

  • Between Settlement Dates, the Agent shall request and the Settlement Lender may (but shall not be obligated to) advance to the Borrowers out of the Settlement Lender's own funds, the entire principal amount of any Revolving Credit Loan requested or deemed requested pursuant to Section 2.2(a) (any such Revolving Credit Loan being referred to as a "Non-Ratable Loan").

  • Between Settlement Dates, the Agent shall request and the Settlement Lender may (but shall not be obligated to) advance to the Borrowers out of the Settlement Lender's own funds, the entire principal amount of any Advance requested or deemed requested pursuant to Section 2.2(a)(any such Advance being referred to as a "Non-Ratable Loan").

Related to Settlement Lender

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Delinquent Lender has the meaning provided in SECTION 8.15.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • New Revolving Lender as defined in Section 2.24.

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Lender-Related Hedge Provider means any Person that, at the time it enters into a Hedging Transaction with any Loan Party, (i) is a Lender or an Affiliate of a Lender and (ii) except when the Lender-Related Hedge Provider is SunTrust Bank or any of its Affiliates, has provided prior written notice to the Administrative Agent which has been acknowledged by the Borrower of (x) the existence of such Hedging Transaction and (y) the methodology to be used by such parties in determining the obligations under such Hedging Transaction from time to time. In no event shall any Lender-Related Hedge Provider acting in such capacity be deemed a Lender for purposes hereof to the extent of and as to Hedging Obligations except that each reference to the term “Lender” in Article IX and Section 10.3(b) shall be deemed to include such Lender-Related Hedge Provider. In no event shall the approval of any such Person in its capacity as Lender-Related Hedge Provider be required in connection with the release or termination of any security interest or Lien of the Administrative Agent.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Augmenting Lender has the meaning assigned to such term in Section 2.20.

  • Terminated Lender as defined in Section 2.19.

  • New Lender as defined in Section 2.24(b).

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

  • Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.