Settling Lender definition

Settling Lender is defined in Section 2.01(c)(ii).
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Settling Lender has the meaning assigned to that term in subsection 2.1G.
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Settling Lender has the meaning specified in Section 2.1(e).
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Examples of Settling Lender in a sentence

  • Each Settling Lender shall, not later than 3:00 p.m. (Boston time) on such Settlement Date, effect a wire transfer of immediately available funds to the Administrative Agent in the amount of the Settlement Amount for such Settling Lender.

  • A statement of the Administrative Agent submitted to such Settling Lender with respect to any amounts owing under this §2.9.2 shall be prima facie evidence of the amount due and owing to the Administrative Agent by such Settling Lender.

  • The Administrative Agent may, unless notified to the contrary by any Settling Lender prior to a Settlement Date, assume that such Settling Lender has made or will make available to the Administrative Agent on such Settlement Date the amount of such Settling Lender’s Settlement Amount, and the Administrative Agent may (but it shall not be required to), in reliance upon such assumption, make available to the Borrower a corresponding amount.

  • All funds advanced by any Lender as a Settling Lender pursuant to this Section 2.9 shall for all purposes be treated as a Revolving Credit Loan made by such Settling Lender to the Borrower and all funds received by any Lender pursuant to this Section 2.9 shall for all purposes be treated as repayment of amounts owed with respect to Revolving Credit Loans made by such Lender.

  • If such Settling Lender's Settlement Amount is not made available to the Administrative Agent by such Settling Lender within three (3) Business Days following such Settlement Date, the Administrative Agent shall be entitled to recover such amount from the Borrower on demand, with interest thereon at the rate per annum applicable to the Revolving Credit Loans as of such Settlement Date.

  • The Administrative Agent may, unless notified to the contrary by any Settling Lender prior to a Settlement Date, assume that such Settling Lender has made or will make available to the Administrative Agent on such Settlement Date the amount of such Settling Lender's Settlement Amount, and the Administrative Agent may, in reliance upon such assumption, make available to the Borrower a corresponding amount.

  • A statement of the Administrative Agent submitted to such Settling Lender with respect to any amounts owing under this Section 2.9.2 shall be prima facie evidence (absent manifest error) of the amount due and owing to the Administrative Agent by such Settling Lender.

  • If such Settling Lender’s Settlement Amount is not made available to the Administrative Agent by such Settling Lender within three (3) Business Days following such Settlement Date, the Administrative Agent shall be entitled to recover such amount from the Borrower on demand, with interest thereon at the rate per annum applicable to the Revolving Credit Loans as of such Settlement Date.

  • All funds advanced by any Revolving Credit Lender as a Settling Lender pursuant to this §2.9 shall for all purposes be treated as a Revolving Credit Loan made by such Settling Lender to the Borrower and all funds received by any Revolving Credit Lender pursuant to this §2.9 shall for all purposes be treated as repayment of amounts owed with respect to Revolving Credit Loans made by such Revolving Credit Lender.

  • Each Settling Lender shall, not later than 1:00 p.m. (Dallas, Texas time) on such Settlement Date, effect a wire transfer of immediately available funds to the Administrative Agent in the amount of the Settlement Amount for such Settling Lender.


More Definitions of Settling Lender

Settling Lender has the meaning assigned to such term in subsection 2.4(e).
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Related to Settling Lender

  • Settling Bank means the entity appointed by the Trust or you, as applicable, to perform such settlement services on behalf of the Trust and you, as applicable, which entity agrees to abide by NSCC's then current rules and procedures insofar as they relate to same day funds settlement. In all cases, processing and settlement of share transactions shall be done in a manner consistent with applicable law.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

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

  • Selling Lender has the meaning specified in Section 11.7 (

  • Exiting Lender see Section 2.17.7.

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

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

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

  • Extending Lenders has the meaning specified in Section 2.08.

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

  • Declining Lender has the meaning specified in Section 2.05(c).

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

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Assigning Lender means as specified in Section 13.8(b).

  • New Revolving Lender as defined in Section 2.24.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

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

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

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

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • Existing Lenders as defined in the recitals hereto.

  • Designating Lender has the meaning specified in Section 8.07(h).

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).