Designated Delay Funding Lender definition

Designated Delay Funding Lender has the meaning specified in Section 2.02(e).
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Designated Delay Funding Lender means a Committed Lender which has delivered (or on behalf of which the related Lender Group Agent has delivered) a written certification to FCA to the effect that (i) charges relating to the “liquidity coverage ratio” under Basel III have been or, if it were not a Designated Delay Funding Purchaser hereunder, will be incurred in respect of the related Lender Group’s interests or obligations under this Agreement, which may include external charges incurred by such Committed Lender or internal charges incurred by any business of such Committed Lender managing such Committed Lender’s Invested Percentage in the Loans Outstanding or its obligations hereunder, and (ii) it is seeking or has obtained a delayed funding option in transactions similar to the transactions contemplated hereby.
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Examples of Designated Delay Funding Lender in a sentence

  • By delivery of a Funding Delay Notice, a Designated Delay Funding Lender shall be deemed to represent and warrant that the certifications previously provided to the Borrower by such Designated Delay Funding Lender are true as of the date of the delivery of such Funding Delay Notice.

Related to Designated Delay Funding Lender

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • New Revolving Lender as defined in Section 2.24.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Exiting Lender see Section 2.17.7.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

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

  • Extending Lenders has the meaning specified in Section 2.08.

  • 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.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan Commitment, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is Twenty Million Dollars ($20,000,000.00).

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 9.07(a).