Term Declining Lender is defined in Section 2.17.
Term Declining Lender means a Term Lender that is a Declining Lender.
Examples of Term Declining Lender in a sentence
Such Term Declining Lender or Non-Consenting Lender, as applicable, shall continue to be entitled to the benefits of Sections 3.1, 3.2, 3.4, 3.5 and 10.6(b) to the extent such Term Declining Lender’s or Non-Consenting Lender’s, as applicable, entitlement to such benefit arose out of its position as a Lender under the Term Loan Facility prior to the prepayment of its Term Loans.
All outstanding Term Loans held by, and all other unpaid Term Obligations payable to, a Term Declining Lender shall be paid in full by the Borrower on its Term Declining Lender’s Termination Date.