UK Lender definition

UK Lender means a Lender which is:

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UK Lender means a Lender with a UK Revolver Commitment or that is holding outstanding UK Revolver Usage.

UK Lender means any Lender that has issued a UK Commitment.

Examples of UK Lender in a sentence

• Under the laws of its Relevant Tax Jurisdiction in force as at the Original Execution Date, it will not be required to make any deduction for or withholding on account of tax from any payment it may make under any of the Finance Documents to any Lender which is (a) a Qualifying UK Lender (in the case of any Borrower) or (b) a US Accession Lender (in the case of the US Borrower).

• If any US Lender or UK Lender, as applicable, is required to maintain reserves with respect to liabilities or assets consisting of or including Euros or deposits, US Borrowers or UK Borrowers, as applicable, shall pay additional interest to such US Lender or UK Lender, as applicable, on each Interest Period Loan equal to the costs of such reserves allocated to the Revolver Loan by such US Lender or UK Lender, as applicable (as determined by it in good faith, which determination shall be conclusive).

• If a Swingline Loan cannot be settled among the applicable Lenders, whether due to an Obligor’s Insolvency Proceeding or for any other reason, each US Lender or UK Lender, as applicable, shall pay the amount of its participation in the US Revolver Loan or UK Revolver Loan, as applicable, to Agent, in immediately available funds, within one Business Day after Agent’s request therefor.

• Each UK Lender agrees, severally (and not jointly) on a Pro Rata basis up to its UK Revolver Commitment, on the terms set forth herein, to make UK Revolver Loans to UK Borrower from time to time through the Revolver Commitment Termination Date.

• The Administrative Agent, the L/C Issuer and the Lenders shall be entitled to rely and act upon any notices (including telephonic Committed Loan Notices and UK Lender Notices) purportedly given by or on behalf of the Borrower even if (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof.

More Definitions of UK Lender

UK Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document and is a Lender which is:

UK Lender means the Bank of America, N.A. (London Branch) and any replacement or successor therefor which has a Commitment to make Eurocurrency Loans hereunder.

UK Lender means a Person who is (a) a company resident in the United Kingdom for tax purposes, (b) a partnership each of whose members is a company so resident or (c) a company not so resident in the United Kingdom for tax purposes, but which carries on a trade in the United Kingdom through a branch or agency and is subject to corporation tax on interest paid to it under this Agreement.

UK Lender means a person who is:

UK Lender means (i) as of the Closing Date, each Alternative Currency Lender designated as a UK Lender in Schedule 2.1 or a commitment to issue Letters of Credit denominated in Sterling or Euro, and (ii) after the Closing Date, each Lender that becomes a UK Lender and makes Loans and issues Letters of Credit denominated in Euro or Sterling, or, if the commitments to make such Loans or issue such Letters of Credit have terminated or expired, a Lender holding direct interests in Loans or Letters of Credit denominated in Sterling or Euro. A UK Lender may, in its discretion, arrange for one or more UK Loans and Letters of Credit denominated in Sterling or Euro to be made or issued, as the case may be, by one or more of its domestic or foreign branches or Affiliates, in which case the term “UK Lender” shall include any such branch or Affiliate with respect to the Loans made or Letters of Credit issued by such Person.

UK Lender means a Revolving Credit Lender or a New Term Loan Lender that has agreed to make Revolving Credit Loans or New Term Loans, respectively, or other advance under the Credit Documents to the UK Borrower.

UK Lender means a Lender with a UK Revolving Loan --------- Sub-Commitment or with outstanding UK Revolving Loans.