Examples of Singapore Lenders in a sentence
I (We) authorize the disclosure of educational information between the Science and Technology Entry Program (STEP) and the student’s respective school district, in accordance with the Family Educational Rights and Privacy Act (FERPA).
If Singapore Borrowers fail to provide any Cash Collateral as required hereunder, Singapore Lenders may (and shall upon direction of Agent) advance, as Singapore Revolver Loans, the amount of the Cash Collateral required (whether or not the Singapore Revolver Commitments have terminated, any Singapore Overadvance exists or would result therefrom or the conditions in Section 6 are satisfied).
Singapore Borrowers shall pay to Agent, for the Pro Rata benefit of Singapore Lenders, an unused line fee at a rate per annum specified in the joinder documentation for the Singapore Lenders.
At the time of sending any such notice relating to a reallocation pursuant to clause (a)(ii) above, the Company (in consultation with the Administrative Agent and the Singapore Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Singapore Lenders).
Thereafter, the obligation of the Lenders to make or maintain Eurocurrency Rate Loans in the affected currency or currencies (and, in the case of a request by the Required Primary Lenders or the Required Singapore Lenders, under the affected Subfacility) shall be suspended until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice.
Neither Agent shall be liable for any action taken or not taken by it (i) with the consent or at the request of the Required Lenders, the Required Primary Lenders or the Required Singapore Lenders, as applicable (or such other number or percentage of the Lenders as shall be necessary, or as such Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 10.01 and 8.02) or (ii) in the absence of its own gross negligence or willful misconduct.
Current taxation of U.S. shareholders under an expansion of Subpart F, while second best to a conduit approach, would be a substantial improvement over current law and probably would enjoy broader support than pass through taxation.
Agent, Singapore Security Trustee, any Singapore Fronting Bank, Singapore Lenders, Secured Bank Product Providers of Bank Products to Singapore Domiciled Loan Parties and their Subsidiaries and the other Foreign Facility Secured Parties that are the beneficiaries of a Foreign Cross-Guarantee made by the Singapore Domiciled Loan Parties (but excluding, for the avoidance of doubt, the U.S. Facility Secured Parties in their capacities as such).
The aggregate of all Singapore Revolving Loans to be made by the Singapore Lenders in connection with a particular borrowing shall be equal to the lesser of (i) the unutilized portion of the Maximum Singapore Available Amount or (ii) $200,000 or any integral multiple of $100,000 in excess thereof.
Singapore Borrowers shall pay to the Agent, for the Pro Rata benefit of Singapore Lenders, a fee equal to the Applicable Unused Line Fee Rate times the average daily amount by which the Singapore Revolver Commitments exceed the Singapore Revolver Exposure during any month.