UK Lenders definition

UK Lenders means Bank of America and any other Person having UK Commitments from time to time or at any time. A Person may be a UK Lender only if it is a Domestic Lender or an Affiliate of a Domestic Lender.
UK Lenders means lenders under a U.K. Facility.
UK Lenders. The Lenders listed on Schedule II, acting in their role as lenders of the UK Loans and any other Person who becomes an assignee of any rights and obligations of a UK Lender pursuant to §20.

Examples of UK Lenders in a sentence

  • Each of the UK Lenders hereby irrevocably appoints the UK Agent as its agent and authorizes the UK Agent to take such actions on its behalf and to exercise such powers as are delegated to the UK Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto.

  • No funding or sufferance of a UK Overadvance shall constitute a waiver by Agent or UK Lenders of the Event of Default caused thereby.

  • Second, rates could affect the builder’s financing of construction costs, which should affect the cost side of a builder’s profit function.11 To better understand the mechanism through which interest rates influence permit activity, we include interest rates of shorter maturities on the right side of equation 1.

  • In no event shall UK Lenders have any obligation to honor a request for a UK Revolver Loan if (a) UK Revolver Usage at such time plus the requested UK Revolver Loan would exceed the UK Borrowing Base or (b) the sum of the UK Revolver Usage at such time plus the requested UK Revolver Loan plus the US Revolver Usage at such time would exceed the aggregate Revolver Commitments.

  • Until Agent notifies US Borrowers or UK Borrower, as applicable, that such circumstance no longer exists, the obligation of US Lenders or UK Lenders, as applicable to make affected US LIBOR Loans or UK LIBOR Loans or the applicable requested Interest Period, as applicable, shall be suspended and no further US Revolver Loans or UK Revolver Loans, as applicable, may be converted into or continued as such US Revolver Loans or UK Revolver Loans and such affected Interest Period shall not be available.


More Definitions of UK Lenders

UK Lenders. Bank of America, each other lender party to this Agreement that has issued a UK Revolver Commitment, the UK Swingline Lender, and any Person who hereafter becomes a “Lender” with a UK Revolver Commitment pursuant to an Assignment, including any Lending Office of the foregoing.
UK Lenders means, collectively (a) UK Correspondent Lender and Bank of America, N.A. (each, a “UK Designated Bank”), and (b) the UK Affiliate of a UK Designated Bank; provided that (i) any UK Fixed Rate Loan made by such UK Lender shall be actually made, issued or participated in, as the case may be, by its UK Affiliate, and (ii) the UK Commitment for such UK Lender shall each be deemed to apply to it and its UK Affiliate collectively.
UK Lenders means such of the Lenders having Commitments to lend in GBP as set forth on the signature pages hereto.
UK Lenders. Each Lender that holds a UK Term Loan.
UK Lenders means the Lenders that have UK Term Loan Commitments or UK Tranche B Revolving Loan Commitments or that have UK Term Loans or UK Tranche B Revolving Loans outstanding, together with their successors and permitted assigns pursuant to subsection 10.1.