Supplemental Credit Lender definition

Supplemental Credit Lender and "Supplemental Credit Lenders" shall include the Agent in its individual capacity.

Supplemental Credit Lender means any of the Persons identified as a -------------------------- "Supplemental Credit Lender" on the signature pages to the Supplemental Credit Agreement, and any Person which may become a Supplemental Credit Lender by way of assignment in accordance with the terms of the Supplemental Credit Agreement, together with their successors and permitted assigns.

Examples of Supplemental Credit Lender in a sentence

• The rights and remedies provided herein are cumulative and not exclusive of any rights or remedies which the Agent or any Supplemental Credit Lender would otherwise have.

• Each determination by any such Supplemental Credit Lender of amounts owing under this Section shall, absent manifest error, be conclusive and binding on the parties hereto.

• Each Supplemental Credit Lender expressly acknowledges that neither the Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates has made any representations or warranties to it and that no act by the Agent or any affiliate thereof hereinafter taken, including any review of the affairs of any Credit Party, shall be deemed to constitute any representation or warranty by the Agent to any Supplemental Credit Lender.

• Each Guarantor waives any and all notice of the creation, renewal, extension or accrual of any of the Credit Party Obligations and notice of or proof of reliance by the Agent or any Supplemental Credit Lender upon this Guarantee or acceptance of this Guarantee.

• The Register shall be available for inspection by the Borrower or any Supplemental Credit Lender at any reasonable time and from time to time upon reasonable prior notice.

• The Guarantors additionally, jointly and severally, unconditionally guarantee to each Supplemental Credit Lender the timely performance of all other obligations under the Supplemental Credit Documents and Hedging Agreements.

• Subject to Section 4.7 below, each of the Guarantors hereby, jointly and severally, unconditionally guarantees to each Supplemental Credit Lender, each Affiliate of Supplemental Credit Lender that enters into a Hedging Agreement and the Agent the prompt payment of the Credit Party Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration or otherwise).

• Each Supplemental Credit Lender understands and agrees that if such Supplemental Credit Lender is a Defaulting Lender then it shall not be entitled to vote on any matter requiring the consent of the Required Lenders or to object to any matter requiring the consent of all the Lenders; provided, however, that all other benefits and obligations under the Supplemental Credit Documents shall apply to such Defaulting Lender.

• All liability policies shall have each Supplemental Credit Lender as an additional insured and all casualty policies shall have the Agent, on behalf of the Supplemental Credit Lenders, as loss payee.

• If no successor Agent shall have been so appointed by the Required Lenders, and shall have accepted such appointment, within 45 days after the notice of resignation, then the retiring Agent shall select a successor Agent provided such successor is a Supplemental Credit Lender hereunder or a commercial bank organized under the laws of the United States of America or of any State thereof and has a combined capital and surplus of at least $400,000,000.