TL Lenders definition

TL Lenders has the meaning set forth in Section 2.20(b).
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TL Lenders means Lenders with outstanding Term Loans.
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TL Lenders means, collectively, the TL$ Lenders and the TLE Lenders. "TL$ Borrower" means VF Asia.
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Examples of TL Lenders in a sentence

  • Incremental Term Loans may be made by any existing Lender (an “Existing TL Lender”) or by any Eligible Assignee (any such Eligible Assignee providing such Incremental Term Loans at such time being called an “Additional TL Lender” and, together with the Existing TL Lenders providing such Incremental Term Loans at such time, the “TL Lenders”).

  • The TL$ Borrower shall, by notice from an Authorized Representative thereof, have the right from time to time but not more frequently than once each calendar month, upon not less than three (3) Business Days' written notice to the Agent, effective upon receipt, to reduce the TL$ Commitments, which reduction shall be applied pro rata to the TL$ Commitments of the TL$ Lenders.

  • Notice of receipt of such Borrowing Notice or Interest Rate Selection Notice, as the case may be, together with a specification of the amount of each TL$ Lender's portion of the TL$ Loans requested thereunder, shall be provided by the Agent to each TL$ Lender by telefacsimile transmission with reasonable promptness, but (provided the Agent shall have received such notice by 1:00 P.M.) not later than 2:00 P.M. on the same day as the Agent's receipt of such notice.

  • The Re-allocation Agreement is an agreement solely amongst the TL Lenders (and their successors and assigns) and is not an agreement to which Exide U.S. or any of its Subsidiaries is party.

  • All Advances under this Section 2.01(a) shall be made by the 2025 TL Lenders ratably in proportion to their respective 2025 Facility Commitments and shall be denominated in Euros.

  • The principal amount of the TL$ Loans may be prepaid without penalty or premium in whole or in part on any Business Day, upon at least three (3) Business Days' irrevocable telephonic notice from an Authorized Representative of the TL$ Borrower (effective upon receipt) to the Agent prior to 1:00 P.M. The Agent shall give the TL$ Lenders prompt notice of all such notices of prepayment.


More Definitions of TL Lenders

TL Lenders means, collectively, the TL$ Lenders and the TLE Lenders.
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TL Lenders means the financial institutions set forth in Schedule A hereto with an Individual Commitment under the TL Facility.
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Related to TL Lenders

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Lenders shall include each Agent in its individual capacity.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • Original Lenders shall have the meaning assigned to such term in the recitals.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

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