Examples of Assuming Lender in a sentence

Upon its receipt of an agreement referred to in clause (ii)(B) above executed by an Assuming Lender or any Increasing Lender as applicable, together with the certificate referred to in clause (ii)(A) above, the Administrative Agent shall, if such agreement has been completed, (x) accept such agreement, (y) record the information contained therein in the Register and (z) give prompt notice thereof to the Borrower.
Upon any Assuming Lxxxxx becoming a Lender hereunder as a result of a Commitment Increase pursuant to Section 2.21 and upon the Agent’s receipt of such Lxxxxx’s Assumption Agreement and recording of the information contained therein in the Register, from and after the applicable Increase Date, the Agent shall make all payments hereunder and under any other Loan Documents issued in connection therewith in respect of the interest assumed thereby to the Assuming Lender.
Upon its receipt of an Increasing Lender/Joining Lender Agreement executed by an Assuming Lender or any Increasing Lender, together with the certificate referred to in clause (ii)(x) above, the Administrative Agent shall, if such agreement has been completed, (x) accept such agreement, (y) record the information contained therein in the Register and (z) give prompt notice thereof to the Borrower.

More Definitions of Assuming Lender

Assuming Lender has the meaning specified in Section 2.16(d).

Assuming Lender means an Eligible Assignee not previously a Lender that becomes a Lender hereunder pursuant to Section 2.05(c).

Assuming Lender has the meaning specified in Section 2.14(d).

Assuming Lender has the meaning specified in Section 2.20(c).

Assuming Lender has the meaning set forth in Section 2.09(c).

Assuming Lender is defined in Section 2.20(a).

Assuming Lender means an Eligible Assignee not previously a Lender that becomes a Lender hereunder pursuant to either Section 2.05(b) or Section 2.17.