Withdrawing Lender definition

Withdrawing Lender is defined in Section 2.3.2.
Withdrawing Lender has the meaning specified in Section 2.05(e).
Withdrawing Lender is defined in clause (a) of Section 2.2.

Examples of Withdrawing Lender in a sentence

  • The Borrower shall make payment in full of all unpaid principal of (x) each Revolving Loan on the Commitment Termination Date and (y) each Revolving Loan made by a Withdrawing Lender (and not assigned pursuant to Section 2.3.4) on the Scheduled Commitment Termination Date and (z) each Swingline Loan on the Swingline Expiry Date.

  • In the event all of the Consenting Lenders agree to such reduction and extension then, subject to compliance with Section 2.2, on and as of the then scheduled Commitment Termination Date (x) the Commitment shall be reduced by an amount equal to the Commitment of the unreplaced Withdrawing Lender, (y) such Withdrawing Lender shall cease to be a Lender under this Agreement and (z) the Commitment Termination Date and the Final Maturity Date shall be extended.

  • The Borrower shall have the right during the 60 day period following the end of the Consent Period to replace the Withdrawing Lender with an existing Lender or a new Lender who consents to the extension of the Commitment Termination Date (a “Replacement Lender”).

  • In the event the Borrower has not replaced the Withdrawing Lender within said 60 day period, the Borrower may request the Consenting Lenders to reduce the Commitments by the amount of the Withdrawing Lender’s Commitment and extend the Commitment Termination Date and the Final Maturity Date which consent may be given or withheld by each Consenting Lender in its sole discretion.

  • In the event the Withdrawing Lender has not been replaced or all of the Consenting Lenders have not consented to reduction of the Commitment pursuant to this Section 2.17(c), the Commitment Termination Date and the Final Maturity Date shall not be extended.


More Definitions of Withdrawing Lender

Withdrawing Lender means any financial or other institution that is a Lender under the Credit Agreement immediately prior to the Amendment Effective Date and will not be continuing as a Lender under the Amended Credit Agreement.
Withdrawing Lender has the meaning set forth in the Amendment and Restatement Agreement.
Withdrawing Lender means a Lender that elects to be treated as a Withdrawing Lender pursuant to Section 2(b) below, or that does not elect to be formally treated as an Extending Lender or Withdrawing Lender, and subsequently is treated as a Non-Consenting Lender under Section 10.13 of the Existing Credit Agreement.
Withdrawing Lender is defined in CLAUSE (a) of SECTION 2.2.
Withdrawing Lender means JPMorgan Chase Bank, N.A., Toronto Branch.
Withdrawing Lender means any Person who (a) is either (x) a Lender under the Existing Credit Agreement immediately prior to the Effective Date but is not a Lender under this Agreement or (y) a Lender under this Agreement immediately prior to the Fifth Amendment Effective Date but is not a Lender under this Agreement immediately after the Fifth Amendment Effective Date, and (b) is identified on Schedule 6.22(b) hereto.
Withdrawing Lender is defined in Section 2.24. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms.