Swap Lender definition

Swap Lender means a person which, at the time that it entered into a Swap Agreement, was a Lender or the Operating Lender or an Affiliate of a Lender or the Operating Lender;

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Swap Lender means any Lender or its Affiliate that enters into a Lender Hedge Agreement (regardless of whether such Lender ceases to be a Lender after such Lender Hedge Agreement is entered into), but excluding, for certainty, any Lender Hedge Agreement entered into by an Obligor with any Lender after such Lender’s Commitment has been fully cancelled in accordance with the terms hereof or after such Lender has assigned all of its rights to the Credit Facilities in accordance with Section 16.2.

Swap Lender means any Person who is a party to an arrangement with Borrower evidencing Swap Obligations and holds a participating interest in the Revolving Credit Loans and the Term Loan.

Examples of Swap Lender in a sentence

• Except as otherwise provided in Section 12.02(b)(v), no Swap Lender or Treasury Management Party shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements or Treasury Management Agreements.

• Notwithstanding the foregoing, Obligations owing to any Swap Lender and Obligations arising under Secured Treasury Management Agreements shall be excluded from the application described above if the Administrative Agent has not received written notice thereof, together with such supporting documentation as the Administrative Agent may request, from the applicable Swap Lender or Treasury Management Party, as the case may be.

• Notwithstanding any other provision of this Article X to the contrary, the Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Lender Swap Contracts unless the Agent has received written notice of such Obligations, together with such supporting documentation as the Agent may request, from the applicable Cash Management Party or Swap Lender, as the case may be.

• Notwithstanding the foregoing, a Lender shall not be required to make any such assignment and delegation if such Lender (or its Affiliate) is a Swap Lender with any outstanding Lender Swap Contract, unless on the date thereof or prior thereto, all such Lender Swap Contracts have been terminated or novated to another Person and such Lender (or its Affiliate) shall have received payment of all amounts, if any, payable to it in connection with such termination or novation.

• Notwithstanding the foregoing, Obligations arising under Secured Cash Management Agreements and Lender Swap Contracts shall be excluded from the application described above if Agent has not received written notice thereof, together with such supporting documentation as Agent may request, from the applicable Cash Management Party or Swap Lender, as the case may be.

More Definitions of Swap Lender

Swap Lender means a Person which, at the time that it entered into any Swap with any Loan Party, was a Lender or an Affiliate of a Lender;

Swap Lender means any Person that is a counterparty to a Swap Agreement with the Borrower or any Subsidiary, which Swap Agreement was entered into prior to the time, or during the time, that such Person was a Lender or an Affiliate of a Lender (including any such Swap Agreement in existence prior to the date hereof), even if such Person subsequently ceases to be a Lender or an Affiliate of a Lender; provided that, so long as any Lender is a Defaulting Lender, such Lender will not be a Swap Lender with respect to any Swap Agreement entered into while such Lender was a Defaulting Lender.

Swap Lender means with respect to any Calculation Date or any Determination Date, each Lender that is a party to a Swap Contract with the Company or an Affiliate of the Company on such date.

Swap Lender means any Person that entered into a Swap Contract with Borrower or any Subsidiary before or while such Person was a Lender or an Affiliate of a Lender, in its capacity as a party to such Swap Contract.

Swap Lender means a Lender or a Subsidiary or an Affiliate of a Lender which is a counterparty to a Risk Management Transaction with the Borrower, and which agrees in writing to be bound by and entitled to the benefit of the provisions of this Agreement, which agreement shall be in form and substance acceptable to the Agent and the Lenders, provided that a Lender with an Individual Commitment Amount hereunder shall be deemed to have provided such a written agreement to the Agent.

Swap Lender means any party to a Lender Hedge Agreement (other than any Loan Party or their Affiliates).

Swap Lender has the meaning ascribed thereto in the Credit Agreement;