Ancillary Facility Lender definition
Examples of Ancillary Facility Lender in a sentence
No other Lender shall be obliged to consent to the nomination of the Ancillary Facility Lender.
Ancillary Facility Lenders and Issuing Banks) shall not restrict any right of an Ancillary Facility Lender to net or set-off in relation to a Multi-account Overdraft Facility, in accordance with the terms of the Senior Facilities Agreement or relevant Pari Passu Debt Document, to the extent that the netting or set-off represents a reduction from a Permitted Gross Amount of that Multi-account Overdraft Facility to or towards its Designated Net Amount.
No amendment or waiver of a term of any Ancillary Facility or Ancillary Facility Document or Conversion Notice shall require the consent of any Finance Party other than the relevant Ancillary Facility Lender unless such amendment or waiver itself directly gives rise to an amendment or waiver which would require an amendment of or under this Agreement (including, for the avoidance of doubt, under this Clause 6.8) and in such a case, Clause 37 (Amendments and Waivers) will apply.
The Facility Agent, the Security Trustee, each Ancillary Facility Lender and each L/C Bank may accept deposits from, lend money to and generally engage in any kind of banking or other business with any member of the Group.
Any of the Facility Agent, the Arrangers, the Security Trustee, each L/C Bank and each Ancillary Facility Lender may accept deposits from, lend money to and generally engage in any kind of banking or other business with any member of the Group.
Acceding [Creditor] [EXECUTED as a DEED] [insert full name of Acceding Creditor] By: Address: Email: Accepted by the Security Agent [Accepted by the Senior Agent] for and on behalf of for and on behalf of [Insert full name of current Security Agent] [Insert full name of current Senior Agent] Date: Date:]9 _______________ 9 Include only in the case of (i) a Hedge Counterparty or (ii) an Ancillary Facility Lender which is an Affiliate of a Senior Lender.
If an Ancillary Facility Lender has the benefit of any security interest securing any of its Ancillary Facilities, the realisations from such security when enforced will be treated as an amount recovered by such Ancillary Facility Lender in its capacity as a Lender which is subject to the sharing arrangements in Clause 30 (Sharing among the Finance Parties) to the intent that such realisation should benefit all Lenders pro rata.
The Facility Agent, the Security Trustee, the Mandated Lead Arrangers, each Ancillary Facility Lender and each L/C Bank may accept deposits from, lend money to and generally engage in any kind of banking or other business with any member of the Group.
Acceding [Creditor] [EXECUTED as a DEED] [insert full name of Acceding Creditor] By: Address: Email: Accepted by the Security Agent [Accepted by the Senior Agent] for and on behalf of for and on behalf of [Insert full name of current Security Agent] [Insert full name of current Senior Agent] Date: Date:]9 _______________________ 9 Include only in the case of (i) a Hedge Counterparty or (ii) an Ancillary Facility Lender which is an Affiliate of a Senior Lender.
Acceding [Creditor] [EXECUTED as a DEED] [insert full name of Acceding Creditor] By: Address: Email: 84894163_20 Accepted by the Security Agent [Accepted by the Senior Agent] for and on behalf of for and on behalf of [Insert full name of current Security Agent] [Insert full name of current Senior Agent] Date: Date:]9 9 Include only in the case of (i) a Hedge Counterparty or (ii) an Ancillary Facility Lender which is an Affiliate of a Senior Lender.