Tranche 1 Revolving Lender definition

Tranche 1 Revolving Lender means a Lender having a Tranche 1 Revolving Commitment, or if the Revolving Commitments have been terminated or reduced to zero, holding any Tranche 1 Revolving Loans or Letter of Credit Liabilities.
Tranche 1 Revolving Lender means a Lender with a Tranche 1 Revolving Commitment.
Tranche 1 Revolving Lender each Lender that holds a Tranche 1 Revolving Commitment or has a Tranche 1 Revolving Loan.

Examples of Tranche 1 Revolving Lender in a sentence

  • Each Tranche 1 Revolving Lender is hereby authorized to issue such BAs endorsed in blank in such face amounts as may be determined by such Tranche 1 Revolving Lender; provided that the aggregate amount thereof is equal to the aggregate amount of BAs required to be accepted and purchased by such Tranche 1 Revolving Lender.

  • Each Tranche 1 Revolving Lender may from time to time hold, sell, rediscount or otherwise dispose of any or all Bankers’ Acceptances accepted and purchased by it.

  • The Administrative Agent, promptly following receipt of a notice of borrowing, continuation or conversion by way of Bankers’ Acceptances, shall advise the applicable Tranche 1 Revolving Lenders of the notice and shall advise each such Tranche 1 Revolving Lender of the face amount of Bankers’ Acceptances to be accepted by it and the applicable Contract Period (which shall be identical for all Revolving Lenders).

  • Each Tranche 1 Revolving Lender shall maintain a record with respect to BAs held by it in blank hereunder, voided by it for any reason, accepted and purchased by it hereunder, and cancelled at their respective maturities.

  • Each Tranche 1 Revolving Lender agrees to purchase a Bankers’ Acceptance accepted by it.

  • No Tranche 1 Revolving Lender shall be liable for any damage, loss or other claim arising by reason of any loss or improper use of any such instrument except the gross negligence or willful misconduct of such Tranche 1 Revolving Lender or its officers, employees, agents or representatives.

  • Upon the request of any Tranche 1 Revolving Lender from time to time, each Issuing Bank shall deliver any other information reasonably requested by such Lender with respect to each Letter of Credit issued by such Issuing Bank and then outstanding.

  • The Administrative Agent shall deliver to each Tranche 1 Revolving Lender a copy of each Bid Rate Quote Request promptly upon receipt thereof by the Administrative Agent.

  • No Tranche 1 Revolving Lender shall be relieved of its obligation to fund a Bid Rate Loan, and no Designated Lender shall assume such obligation, prior to the time the applicable Bid Rate Loan is funded.

  • Thailand does not have updated data that could be used to respond to the issue of Intimate Partner Violence (IPV).


More Definitions of Tranche 1 Revolving Lender

Tranche 1 Revolving Lender means each Lender that has a Tranche 1 Revolving Commitment or that holds Tranche 1 RevolvingLoans.
Tranche 1 Revolving Lender means each Revolving Lender who is not a Tranche 2 Revolving Lender.
Tranche 1 Revolving Lender means, as the context may require, a Multicurrency Tranche 1 Revolving Lender or a US Tranche 1 Revolving Lender.
Tranche 1 Revolving Lender means each Revolving Lender who is not a Tranche 2 Revolving Lender. "Tranche 1 Revolving Loans" means the Revolving Loans held by the Tranche 1 Revolving Lenders. "Tranche 1 Revolving Maturity Date" means September 15, 2011.

Related to Tranche 1 Revolving Lender

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

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

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

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