Sterling Lender definition

Sterling Lender means each Lender holding a Sterling Commitment.
Sterling Lender means each Lender listed on Schedule 2.1(d) and any Person that becomes a Sterling Lender pursuant to Section 6.13, in each case including such Person’s successors and permitted assigns.
Sterling Lender means each Lender that has a Sterling Commitment or that holds Sterling Loans; collectively, the “Sterling Lenders”. Each Sterling Lender on the date hereof represents that it is an Eligible U.K. Bank.

Examples of Sterling Lender in a sentence

  • Without limiting the foregoing, each Converting Pounds Sterling Lender agrees to reimburse the Administrative Agent promptly upon demand for such Converting Pounds Sterling Lender’s ratable share of any costs or expenses payable by the Borrowers to the Administrative Agent in respect of the Pounds Sterling Denominated Revolving Loans to the extent that the Administrative Agent is not promptly reimbursed for such costs and expenses by the Borrowers.

  • Administrative Agent will promptly notify each Sterling Lender and each Sterling Fronting Lender, as applicable, of its receipt of each such notice, and of the amount of such Sterling Lender’s Applicable Tranche Percentage of such prepayment.

  • Credit quality of current account with the Bank of Mongolia based on credit risk is “satis- factory” as at 31 December 2023 and 31 December 2022.

  • Minute quantities of asbestos in bulk samples may be reported as “trace” (tr), or less than one percent.

  • Nothing contained in this subsection 2.15(d) shall relieve any Sterling Lender which has failed to make available its ratable portion of any borrowing hereunder from its obligation to do so in accordance with the terms hereof.

  • All terms of the Credit Agreement shall apply to any such Lending Installation and the Sterling Loans made hereunder shall be deemed held by each Sterling Lender for the benefit of such Lending Installation.

  • Whenever any Non-Excluded Taxes are payable by any Sterling Subsidiary Borrower, as promptly as possible thereafter but in any event within 45 days after the date of payment such Sterling Subsidiary Borrower shall send to the Sterling Administrative Agent for its own account or for the account of such Sterling Lender, as the case may be, a certified copy of an original official receipt received by such Sterling Subsidiary Borrower showing payment thereof.

  • A certificate of the Sterling Administrative Agent submitted to any Sterling Lender with respect to any amounts owing under this subsection shall be conclusive in the absence of manifest error.

  • Upon request, each Sterling Lender and the Fronting Lender shall promptly transfer to the Swing Line Lender, in immediately available funds in Sterling, the amount of each such participation interest.

  • If such Sterling Lender becomes entitled to claim any additional amounts pursuant to this subsection, it shall promptly notify the relevant Sterling Subsidiary Borrower of the event by reason of which it has become so entitled.


More Definitions of Sterling Lender

Sterling Lender means each Lender (i) designated in Annex J to the Agreement or in the most recent Assignment Agreement executed by such Lender as a “Sterling Lender” or (ii) that shall have become a Sterling Lender pursuant to Section 9.1(i).
Sterling Lender means any Person that is a Lender hereunder in respect of the Sterling Loan in its capacity as a Lender in respect of the Sterling Loan.
Sterling Lender means (a) on the date hereof, the Revolving Credit Lenders having a Sterling Sub-Limit on Schedule I hereto and (b) thereafter, the Revolving Credit CREDIT AGREEMENT Lenders from time to time holding Sterling Loans and having Sterling Sub-Limits after giving effect to any assignments thereof permitted by Section 12.06(b) hereof
Sterling Lender means any Person that is a 5-Year Term Lender hereunder in respect of the Sterling Loan in its capacity as a 5-Year Term Lender in respect of the Sterling Loan.

Related to Sterling Lender

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

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

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

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

  • New Revolving Lender as defined in Section 2.24.

  • 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.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

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

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • Exiting Lender see Section 2.17.7.

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

  • Dollar Lender means the Persons listed on Schedule 1.01(b) as having Dollar Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Dollar Commitment or to acquire Revolving Dollar Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

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

  • Extending Lenders has the meaning specified in Section 2.08.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Existing Lenders as defined in the recitals hereto.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.