Examples of Sponsor Affiliated Lender in a sentence
An annual rate increase of 11.5% in the per capita cost of health care benefits was assumed, gradually declining to 5.5% in the year 2006 and continuing thereafter at that rate over the projected payout period of the benefits.
Each Sponsor Affiliated Lender waives any rights to bring any action in connection with such purchased Loans or Commitments against the Administrative Agent in its capacity as such.
Any Sponsor Affiliated Lender will not receive information provided solely to Lenders and will not be permitted to attend or participate in (or receive any notice of) Lender meetings or conference calls and will not be entitled to challenge the Administrative Agent’s and the Lenders’ attorney-client privilege as a result of their status as Sponsor Affiliated Lenders.
Section 2.7(b) of the Credit Agreement is hereby amended by adding the following provision to the end thereof: Information contained in the Register with respect to any entry relating to U.S. Term Loans, European Term Loans and/or New Term Loans held by any Sponsor Affiliated Lender shall be available for inspection by any Lender at any reasonable time and from time to time upon reasonable prior notice to the Administrative Agent.
Any purchases by Sponsor Affiliated Lenders shall require that such Sponsor Affiliated Lender clearly identify itself as a Sponsor Affiliated Lender in any Assignment and Assumption executed in connection with such purchases or sales and each such Assignment and Assumption shall contain customary “big boy” representations but no requirement to make representations as to the absence of any material nonpublic information.