Tranche 2 Lender definition

Tranche 2 Lender means each Lender that has a Tranche 2 Commitment or that holds a Tranche 2 Loan.
Tranche 2 Lender means any Lender having a Tranche 2 Commitment (or, after the Tranche 2 Commitments have terminated, any Lender holding outstanding Tranche 2 Letter of Credit Exposure).
Tranche 2 Lender means a Lender with a Tranche 2 Commitment or holding Tranche 2 Loans.

Examples of Tranche 2 Lender in a sentence

  • Borrower and each Tranche 2 Lender agree that, in paying any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document (other than any sight or time draft, certificates and documents expressly required by the Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document.

  • Each Tranche 2 Lender represents and warrants that each Tranche 2 Letter of Credit constitutes a legal, valid and binding obligation of such Tranche 2 Lender enforceable in accordance with its terms.

  • If Borrower fails to so reimburse the L/C Issuer by such time, the Administrative Agent shall promptly notify each Tranche 2 Lender of the Honor Date, the amount of the unreimbursed drawing (expressed in Dollars in the amount of the Dollar Equivalent thereof, in the case of a Letter of Credit denominated in an Alternative Currency) (the “Unreimbursed Amount”), and the amount of such Tranche 2 Lender’s Applicable Percentage thereof under the applicable Tranches.

  • Subject to the terms and conditions set forth herein, at the request of any Account Party at any time and from time to time during the Availability Period, each Tranche 1 Lender agrees to Issue Tranche 1 Letters of Credit as Syndicated Letters of Credit and each Tranche 2 Lender agrees to Issue Tranche 2 Letters of Credit as Syndicated Letters of Credit, in each case for the account of such Account Party.

  • With the merger of Yapı Kredi and Koçbank in 2006, Doğan held the po- sition of Alternative Delivery Channels Executive Vice President in Yapı Kredi.


More Definitions of Tranche 2 Lender

Tranche 2 Lender means a Lender with a Tranche 2 Commitment or holding Tranche 2 Loans. “Tranche 2 Loan” has the meaning specified in Section 2.01(b).
Tranche 2 Lender or “Tranche 2 Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Facility Guarantor or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders. 9.03
Tranche 2 Lender means, as of any date of determination, a Lender holding a Tranche 2 Loan.
Tranche 2 Lender means any Lender with a Tranche 2 Commitment or a Tranche 2 Loan.
Tranche 2 Lender means a Lender with a Tranche 2 Commitment, holding Tranche 2 Loans or holding participations in any Canadian Swing Line Loans and, as the context requires, includes a Tranche 2 Lender in its capacity as an L/C Issuer and (in the case of Scotiabank) as Canadian Swing Line Lender.
Tranche 2 Lender means a Lender with a Tranche 2 Commitment or, if the Tranche 2 Commitments have terminated, a Lender with Tranche 2 Outstandings. “Tranche 2 Maturity Date” means the earliest of (a) March 5, 2013, or (b) the date of termination of the Tranche 2 Commitments pursuant to S ection 2.05, and
Tranche 2 Lender means, collectively, (i) each Original Lender that executes and delivers this Agreement on or prior to the Amendment and Restatement Date and (ii) each Additional Tranche 2 Lender.