Authorizing Lender definition

Authorizing Lender has the meaning specified in Section 1.08(a).
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Examples of Authorizing Lender in a sentence

  • In the case of any such request pertaining to Eurocurrency Rate Loans, the Administrative Agent shall promptly notify each Authorizing Lender thereof; and in the case of any such request pertaining to Letters of Credit, the Administrative Agent shall promptly notify the L/C Issuer thereof.

  • Any failure by an Authorizing Lender or the L/C Issuer, as the case may be, to respond to such request within the time period specified in the preceding sentence shall be deemed to be a refusal by such Authorizing Lender or the L/C Issuer, as the case may be, to permit Eurocurrency Rate Loans to be made or Letters of Credit to be issued in such requested currency.

  • Each Authorizing Lender (in the case of any such request pertaining to Eurocurrency Rate Loans) or the L/C Issuer (in the case of a request pertaining to Letters of Credit) shall notify the Administrative Agent, not later than 11:00 a.m., ten Business Days after receipt of such request whether it consents, in its sole discretion, to the making of Eurocurrency Rate Loans or the issuance of Letters of Credit, as the case may be, in such requested currency.

  • Any failure by an Authorizing Lender to respond to such request within the time period specified in the preceding sentence shall be deemed to be a refusal by such Authorizing Lender to provide a commitment in the applicable Supplemental Currency.

Related to Authorizing Lender

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • New Revolving Lender as defined in Section 2.24.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 12.1.2.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).