US Tranche Revolving Lender definition

US Tranche Revolving Lender means, at any time, (a) so long as any U.S. Tranche Revolving Commitment is in effect, any Lender that has a U.S. Tranche Revolving Commitment at such time or (b) if the U.S. Tranche Revolving Commitments have terminated or expired, any Lender that has a U.S. Tranche Revolving Loan, a Bid Loan or a participation in L/C Obligations with respect to U.S. Tranche Letters of Credit or Swingline Loans at such time.
Sample 1Sample 2Sample 3
US Tranche Revolving Lender means a Lender with a US Tranche Revolving Commitment or US Tranche Revolving Exposure.
Sample 1Sample 2Sample 3
US Tranche Revolving Lender means a Lender with a US Tranche Revolving Loan Commitment, outstanding US Tranche Revolving Loans or participations in outstanding Swing Line Loans.
Sample 1Sample 2

Examples of US Tranche Revolving Lender in a sentence

  • If the US Borrowers fail to make such payment when due, the US Administrative Agent shall notify each US Tranche Revolving Lender of the applicable disbursement, the payment then due from the US Borrowers in respect thereof and such Lender’s applicable percentage thereof.

  • At any time during which no Canadian Allocation Period exists, the US Borrowers may at such time permanently terminate their right to allocate a portion of the Aggregate US Tranche Commitments as the Canadian Allocated Total Commitments, at which time the obligations of the Canadian Borrowers hereunder and each Guaranty pursuant to ARTICLE XIV shall automatically terminate, and thereafter no US Tranche Revolving Lender nor any Canadian Tranche Revolving Lender shall have any Canadian Allocated Commitment.

  • The US Borrowers shall pay to the US Administrative Agent for the account of each US Tranche Revolving Lender a commitment fee, which shall accrue at the Applicable Margin (a“ US Commitment Fee”), on the daily average unused amount (after deducting any LC Exposure) of each US Tranche Revolving Lender’s US Tranche Commitment for the period from and including the Closing Date up to, but excluding, the Revolving Credit Maturity Date.

  • Promptly after receipt of such notice, the US Administrative Agent shall notify each US Tranche Revolving Lender, in writing, of such issuance, amendment, renewal or extension and if any US Tranche Revolving Lender so requests, the US Administrative Agent shall provide such Lender with copies of such issuance, amendment, renewal or extension.

  • Processes, information systems and work systems as well as structure and culture must be aligned with the strategic choices and direction (Brenes et al., 2007).In order to align the capabilities of the employees with the strategy, they must be assessed first to identify existing gaps and to early recognize incompetency.

  • The allocation will be effected by reducing the US Tranche Commitment of each US Tranche Revolving Lender that is or has a branch or an Affiliate that is a Canadian Tranche Revolving Lender by the amount that its or its branch’s or Affiliate’s Canadian Allocated Commitment is increased.

  • Each Canadian Tranche Revolving Lender represents that it is (A) either (x) not a non-resident of Canada for purposes of the Income Tax Act (Canada) or (y) a deemed resident of Canada for purposes of Part XIII of the Income Tax Act (Canada) and (B) an Affiliate of a US Tranche Revolving Lender.


More Definitions of US Tranche Revolving Lender

US Tranche Revolving Lender means a U.S. Tranche Revolving A Lender or a U.S. Tranche Revolving B Lender.
Sample 1Sample 2Sample 3
US Tranche Revolving Lender means a Lender with a US Tranche Commitment or with outstanding US Tranche Credit Exposure.
Sample 1Sample 2
US Tranche Revolving Lender means a Lender with a US Tranche Revolving Commitment or with outstanding US Tranche Revolving Loans.
Sample 1Sample 2
US Tranche Revolving Lender means, as the context may require, a US Tranche 1 Revolving Lender or a US Tranche 2 Revolving Lender.
Sample 1
US Tranche Revolving Lender each Lender with a US Tranche Revolving Commitment or a US Tranche Revolving Exposure.
Sample 1
US Tranche Revolving Lender means Lender with a US Tranche Revolving Commitment.
Sample 1

Related to US Tranche Revolving Lender

  • New Revolving Lender as defined in Section 2.24.

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

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Canadian Revolving Commitment means, with respect to each Revolving Lender, the commitment, if any, of such Revolving Lender to make Canadian Revolving Loans hereunder up to the amount set forth on Schedule I to the Lender Addendum executed and delivered by such Lender or in the Assignment and Assumption pursuant to which such lender assumed its Canadian Revolving Commitment. The Canadian Revolving Commitment of each Revolving Lender is a sub-commitment of its Revolving Commitment and, as such, may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Revolving Lender pursuant to Section 11.04. The aggregate amount of the Lenders’ Canadian Revolving Commitments on the Closing Date is $40 million.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

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

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Requisite Revolving Lenders means Lenders having (a) more than 66 2/3% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Revolving Loan.

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

  • 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).

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Loans as defined in Section 2.1.