US Protective Advances as defined in Section 2.1.6.
US Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.
US Protective Advances shall have the meaning assigned to such term in Section 2.18.
Examples of US Protective Advances in a sentence
The Required Lenders may at any time revoke Agent’s authority to make further US Protective Advances.
Lenders shall participate on a Pro Rata basis in US Protective Advances outstanding from time to time.
The US Protective Advances shall constitute “Term Loans” for all purposes under the Loan Documents, shall constitute “Obligations” and shall be secured by the Collateral.
More Definitions of US Protective Advances
US Protective Advances as defined in Section 2.1.7(a). US Required Lenders: one or more US Secured Parties holding more than 50% of (a) the aggregate outstanding US Revolver Commitments; or (b) following termination of the US Revolver Commitments, the aggregate outstanding US Revolver Loans and LC Obligations of US Borrowers or, if all Revolver Loans and LC Obligations have been paid in full, the aggregate remaining Obligations; provided, however, that Revolver Commitments, Revolver Loans and other Obligations held by a Defaulting Lender and its Affiliates shall be disregarded in making such calculation, but any related Fronting Exposure shall be deemed held as a Revolver Loan or LC Obligation by the Secured Party that funded the applicable Revolver Loan or issued the applicable Letter of Credit.
US Protective Advances has the meaning specified in Section 2.01(e).
US Protective Advances as defined in Section 2.1.8(a). US Required Lenders: one or more US Secured Parties holding more than 50% of the aggregate outstanding US Term Loans; provided, however, that Term Loans and other Obligations held by a Defaulting Lender and its Affiliates shall be disregarded in making such calculation. US Secured Parties: Agent, US Lenders, and any other holder of US Obligations. US Tax Compliance Certificate: as defined in Section 5.10.2(b)(iii).
US Protective Advances as defined in Section 2.1.7(a). US Required Lenders: US Secured Parties holding more than 50% of (a) the aggregate outstanding US Revolver Commitments; or (b) following termination of the US Revolver Commitments, the aggregate outstanding US Revolver Loans and LC Obligations of US Borrowers or, if all Revolver Loans and LC Obligations have been paid in full, the aggregate remaining Obligations; provided, however, that Revolver Commitments, Revolver Loans and other Obligations held by a Defaulting Lender and its Affiliates shall be disregarded in making such calculation, but any related Fronting Exposure shall be deemed held as a Revolver Loan or LC Obligation by the Secured Party that funded the applicable Revolver Loan or issued the applicable Letter of Credit; and provided further, that so long as there are two or more unaffiliated US Secured Parties (excluding Defaulting Lenders) holding US Revolver Commitments, US Required Lenders must include at least two such unaffiliated US Secured Parties.
US Protective Advances has the meaning specified therefor in Section 2.3(d)(i).
US Protective Advances as defined in Section 2.1.8(a). US Required Lenders: one or more US Secured Parties holding more than 50% of the aggregate outstanding US Term Loans; provided, however, that Term Loans and other Obligations held by a Defaulting Lender and its Affiliates shall be disregarded in making such calculation. US Secured Parties: Agent, US Lenders, and any other holder of US Obligations. US Tax Compliance Certificate: as defined in Section 5.10.2(b)(iii). US Term Commitment: for any US Lender, its obligation to make US Term Loans up to the maximum principal amount equal to its US Commitment Percentage of the aggregate amount of all US Term Commitments, which are shown on Schedule 1.1 as of the Closing Date, or as hereafter determined pursuant to each Assignment and Acceptance to which it is a party. US Term Commitments: the aggregate amount of the US Term Commitment of all US Lenders. The US Term Commitments on the Closing Date are $14,000,000. US Term Exposure: with respect to any US Lender, the outstanding principal amount of such US Lender’s US Term Loans. US Term Loan: a term loan made pursuant to Section 2.1.1 and each US Protective Advance.