Noncommitted Lender definition

Noncommitted Lender means each Structured Lender which shall become a party hereto.
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Noncommitted Lender means the Structured Lender which shall become a party hereto pursuant to a Joinder Supplement duly executed by all parties thereto on or prior to the Closing Date.
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Noncommitted Lender means each Structured Lender which shall become a party to the Receivables Financing Agreement.
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Examples of Noncommitted Lender in a sentence

  • In the event that a Noncommitted Lender shall not have timely provided such notice, such Noncommitted Lender shall be deemed to have elected not to make such Advance.

  • Reductions of the aggregate Commitments pursuant to this subsection 2.5(a) of this Agreement shall be allocated (i) to the Maximum Loan Amount of each Noncommitted Lender, pro rata based on the Noncommitted Percentage represented by such Maximum Loan Amount, and (ii) to the aggregate Commitments of Committed Lenders for each Noncommitted Lender pro rata based on their respective Adjusted Commitment Percentages.

  • Each Noncommitted Lender shall notify the Agent for its Lender Group by 10:00 a.m., New York City time, on the applicable requested date of Advance whether it has elected to make the Advance requested of it pursuant to the preceding paragraph.

  • No Noncommitted Lender shall assign any of its Advances or rights hereunder without the consent of its Committed Lenders; and no Committed Lender may assign any of its Advances or rights or commitments hereunder without the consent of the related Noncommitted Lenders.

  • In addition, under no circumstances shall any Lender make any Advance if after giving effect thereto the aggregate outstanding principal balance of all Advances owing to such Lender would exceed (i) if such Lender is a Noncommitted Lender, its Maximum Loan Amount or (ii) if such Lender is a Committed Lender, its applicable Commitment.

  • Subject to receiving such notice and to the satisfaction of the applicable conditions set forth in Article VI hereof, each of such Noncommitted Lender’s Committed Lenders shall make a loan on the applicable requested date of Advance in an amount equal to its Adjusted Commitment Percentage of the portion of the Advance which such Noncommitted Lender has not elected to advance, in an amount equal to its share of the Advance so loaned.

  • Xxxxx Xx. Title: Group Vice President GEMINI LENDER GROUP GEMINI SECURITIZATION CORP., LLC As Noncommitted Lender By: /s/ R.

  • Subject to receiving such notice and to the satisfaction of the applicable conditions set forth in Article VII hereof, each of such Noncommitted Lender’s Committed Lenders shall make an Advance on the applicable requested date of Advance in an amount equal to its Adjusted Commitment Percentage of the portion of the Advance which such Noncommitted Lender has not elected to advance.

  • Upon any termination in whole of the Total Commitment, the Facility Limit and the Maximum Purchase Amount of each Noncommitted Lender shall be reduced to zero.

  • No Noncommitted Lender shall assign any of its Advances or rights hereunder without the consent of its Committed Lenders and the consent of the Borrower; and no Committed Lender may assign any of its Advances or rights or commitments hereunder without the consent of the related Noncommitted Lenders and the consent of the Borrower.

Related to Noncommitted Lender

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

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

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

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

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Impacted Lender means any Lender as to which (a) L/C Issuer has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

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

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

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

  • Exiting Lender see Section 2.17.7.

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Company.

  • Terminated Lender as defined in Section 2.22.

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

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • 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.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

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

  • 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.