Examples of Alternate Lender in a sentence
Upon satisfaction of Sections 3.01, 5.01 and 5.02, disbursements shall be made by advances from the Primary Lender or the Alternate Lender to the Shipowner ("Disbursements") in accordance with Section 3.01.
The Indenture Trustee shall calculate the Applicable Interest Rate based on information provided (i) by the Administrative Agent to the Facility Agent if the Primary Lender is the Lender, or (ii) by the Facility Agent if the Alternate Lender is the Lender.
The agreement of the Primary Lender to fund any Disbursement under this Agreement and any obligations of the Alternate Lender to fund any Disbursement under this Agreement shall be subject only to the Facility Agent's receipt of a Certificate Authorizing Disbursement, upon which each such Lender may conclusively rely.
Upon payment of its Assignment Amount, each such Alternate Lender shall acquire an interest in the Principal Obligation equal to its Alternate Lender Pro Rata Share thereof.
Xxxxxxxxxx Title: Managing Director 5th Amendment to Fourth Amended and BANK OF AMERICA, N.A., as Deal Agent, Group Agent and as an Alternate Lender By: /s/ Cxxxxxxxxxx Xxxxx Name: Cxxxxxxxxxx Xxxxx Title: Director 5th Amendment to Fourth Amended and U.S. BANK NATIONAL ASSOCIATION, as Closed-End Administrative Agent By: /s/ Exxxx X.