Acceptable Lender definition

Acceptable Lender means a commercial banking institution with a bank rating by ▇▇▇▇▇’▇/S&P of Baa1 and BBB+ or above.
Acceptable Lender means any Sponsor or its Affiliate or a bank, financial institution, multilateral agency, development financial institution, trust, Approved Fund, insurance company, investment or mutual fund or other entity that is an “accredited investor” (as defined in Regulation D under the Securities Act) or any Senior Creditor (other than the Senior Noteholders that are not otherwise Acceptable Lenders) or any Affiliate of a Facility Lender or any other entity or Person, that in each case is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (including credit derivatives) in the ordinary course of business; provided that, in the case of trusts and funds that are not Approved Funds, such entity shall be experienced in the financing of energy and natural resource projects; provided, further, that no Disqualified Institution shall be an “Acceptable Lender” hereunder.
Acceptable Lender means the Lender that is:

Examples of Acceptable Lender in a sentence

  • Except for assignments to any Federal Reserve Bank or, with the Borrower’s consent (such consent not to be unreasonably withheld or delayed), to any central governmental authority as collateral security pursuant to Regulation A of the F.R.S. Board and any Operating Circular issued by such Federal Reserve Bank, no assignment shall be made to any Person that is not an Acceptable Lender.

  • However, an Obligor is not obliged to increase the amounts paid to the Finance Parties by the amount of the Tax Payment, if at the date of the relevant payment, any Finance Party ceased to be an Acceptable Lender for any reason not connected with a change in the law.

  • Except for assignments to any Federal Reserve Bank or, with the Borrower's consent (such consent not to be unreasonably withheld or delayed), to any central governmental authority as collateral security pursuant to Regulation A of the F.R.S. Board and any Operating Circular issued by such Federal Reserve Bank, no assignment shall be made to any Person that is not an Acceptable Lender.

  • Except for assignments to any Federal Reserve Bank or, with the Borrower’s consent (such consent not to be unreasonably withheld or delayed), to any central governmental authority as collateral security pursuant to Regulation A▇▇ of the F.R.S. Board and any Operating Circular issued by such Federal Reserve Bank, no assignment shall be made to any Person that is not an Acceptable Lender.

  • Except for assignments to any Federal Reserve Bank or, with the Borrower’’s consent (such consent not to be unreasonably withheld or delayed), to any central governmental authority as collateral security pursuant to Regulation A of the F.R.S. Board and any Operating Circular issued by such Federal Reserve Bank, no assignment shall be made to any Person that is not an Acceptable Lender.

  • Except for assignments to any Federal Reserve Bank as collateral security pursuant to Regulation A of the F.R.S. Board and any Operating Circular issued by such Federal Reserve Bank, no assignment shall be made to any Person that is not an Acceptable Lender.


More Definitions of Acceptable Lender

Acceptable Lender means the Lender, which is:
Acceptable Lender means a lender who has been approved by the Bondholders in accordance with Clause 15.1(g) (Authority of the Bondholders’ Meeting).
Acceptable Lender means any internationally recognized bank or other financial institution reasonably acceptable to Emerald, it being agreed that each of Bank of America, JPMorgan Chase, BMO, Barclays, Citi, Capital One, HSBC, PNC, US Bank, CIBC, Citizens, ANZ, Wintrust, Lloyds, Comerica and Morgan Stanley shall be considered to be an Acceptable Lender.
Acceptable Lender means any internationally recognized bank or other financial institution reasonably acceptable to Emerald, it being agreed that each of Bank of America, JPMorgan Chase, BMO, Barclays, Citi, Capital One, HSBC, PNC, US Bank, CIBC, Citizens, ANZ, Wintrust, Lloyds, Comerica and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ shall be considered to be an Acceptable Lender.
Acceptable Lender means a commercial banking institution with a bank rating by M▇▇▇▇’’s/S&P of Baa1 and BBB+ or above. 1 This conformed copy reflects the amendments dated as of May 7, 2020, July 28, 2020 and February 21, 2021.

Related to Acceptable Lender

  • Applicable Lender has the meaning assigned to such term in Section 2.06(d).

  • Acceptable Letter of Credit means an irrevocable standby letter of credit on customary terms issued by a bank or branch having a long term unsecured debt rating of at least [*] (or the equivalent) or better by S&P, Moody’s or Fitch and drawable by the applicable Priority Lien Representative or Collateral Trustee, as applicable, upon presentation in New York.