Affected Purchaser definition

Affected Purchaser has the meaning specified in Section 2.15.

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Affected Purchaser. Defined in Section 13.1(c).

Affected Purchaser has the meaning set forth in Section 8.06.

Examples of Affected Purchaser in a sentence

In the event the Issuer obtains a Replacement Purchaser within forty-five (45) days following notice of its intention to do so, the Affected Purchaser (or such non-consenting Purchaser) shall sell and assign its Term Loans and Term Loan Commitments to such Replacement Purchaser, at par, provided that the Issuer has reimbursed such Affected Purchaser for its increased costs, if any, for which it is entitled to reimbursement under this Agreement through the date of such sale and assignment.
To substitute such Affected Purchaser, the Issuer shall deliver a notice to all Purchasers (including such Affected Purchaser).
Such termination shall be effective upon written notice to such effect delivered by the Agent to such Affected Purchaser, whereupon the Purchase Termination Date of such Affected Purchaser shall be deemed to have occurred.
For the avoidance of doubt, the interest rate on which Base Rate Notes shall, if necessary to avoid such illegality, be determined by Collateral Agent without reference to clause (iii) of the definition of “Base Rate”, in each case, until such Affected Purchaser notifies Collateral Agent and Company that the circumstances giving rise to such determination no longer exist.
The Agent shall use its best efforts to find Eligible Assignee(s) or APA Purchaser(s) to replace an Affected Purchaser.
For the avoidance of doubt, the interest rate on which Base Rate DIP Notes shall, if necessary to avoid such illegality, be determined by Collateral Agent without reference to clause (iii) of the definition of “Base Rate”, in each case, until Affected Purchaser notifies Collateral Agent and Company that the circumstances giving rise to such determination no longer exist.
Except as provided in the immediately preceding sentence, nothing in this Section 2.17(c) shall affect the obligation of any Purchaser other than an Affected Purchaser to makeissue or maintain the Notes as, or to convert the SOFR Rate Notes to, LIBO Rate Note in accordance with the terms hereof.
Upon such termination, the Affected Purchaser shall cease to have any rights or obligations with respect to future purchases of interests in the Purchased Note under this Asset Purchase Agreement but shall continue to have the rights and obligations of an APA Purchaser with respect to the portion of the Purchased Interest purchased by it, together with all other rights due and owing to it, pursuant to the terms of this Asset Purchase Agreement immediately prior to such termination.
Except as provided in the immediately preceding sentence, nothing in this Section 2.17(c) shall affect the obligation of any Purchaser other than an Affected Purchaser to make or maintain the Notes as, or to convert the Notes to, LIBO Rate Note in accordance with the terms hereof.
Upon such termination, the Affected Purchaser shall cease to have any rights or obligations with respect to future purchases of interests in the Purchased Note under this Asset Purchase Agreement but shall continue to have the rights and obligations of an APA Purchaser with respect to the portion of the Percentage Interest in the Purchased Note purchased by it, together with all other rights due and owing to it, pursuant to the terms of this Asset Purchase Agreement immediately prior to such termination.

More Definitions of Affected Purchaser

Affected Purchaser means each Purchaser who represents and warrants that (i) charges relating to the “liquidity coverage ratio” under Basel III are currently being recognized internally on interests or obligations of the committed lending in the bank group and (ii) has in place or is actively seeking upon renewals a similar delayed funding option in transactions similar to the transactions contemplated by this agreement, at the time a Series 2013 -1 Advance is requested.

Affected Purchaser as defined in Section 2.15(b).

Affected Purchaser has the meaning assigned to that term in Section 2.6(c). “Affiliate”, as applied to any Person, means any other Person directly or indirectly controlling, controlled by, or under common control with, that Person. For the purposes of this definition, “control” (including, with correlative meanings, the terms “controlling”, “controlled by” and “under common control with”), as applied to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of that Person, whether through the ownership of Voting Securities or by contract or otherwise; provided that (a) a Purchaser shall not be deemed to be an “Affiliate” of Preferred Rocks USS or any of its Subsidiaries when acting in its capacity as a purchaser of Restated Notes hereunder, and (b) no Senior Agent or Senior Lender shall be deemed to be an “Affiliate” of any Credit Party.

Affected Purchaser shall refer only to the Tranche A Participant, the Tranche B Participant, the Tranche C Participant or the Tranche D Participant (or, to the extent that a portion of any Note that has not been participated, the Initial Purchaser) actually so affected in the relevant respect. Any Participant presenting a claim under this Article 8 shall present such claim to the Administrative Agent, which shall forward such claim to the Issuer.