Core Lender(s) definition

Core Lender(s) means at least one but no more than four experienced project finance lenders (bank and/or financial institution) who are identified in a Proposer’s Financial Proposal pursuant to the requirements of Section 3.2 of Exhibit C.
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Core Lender(s) as defined in the definition of the term “Core US Credit Agreement.”
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Core Lender(s) means the Lenders under the Core Facilities.
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Examples of Core Lender(s) in a sentence

  • Each unsuccessful Proposer shall release its Core Lender(s), Lead Underwriter and Private Placement Agent of any exclusivity obligations no later than 5 days after being notified by IFA that IFA has executed the PPA with another Proposer.

  • At the conclusion of the Final Submission Phase there will be a set of selected Lenders (which may include matching Core Lenders) which will have credit approval to proceed to Financial Close.

  • If the Core Lenders for any reason fail to deliver notice of exercise as required above by such deadline, the right to match shall automatically terminate.

  • It is anticipated that given the close involvement of the Core Lenders in the development of the Proposal, the Core Lenders will not submit responses to the IPDC, but instead have the opportunity to match the terms offered and generated by the process up to a predetermined portion of the Initial Project Debt anticipated to be up to 50% of the total Initial Project Debt other than TIFIA.

  • Promptly after selection, Developer shall deliver to the Core Lenders written notice setting forth all the material financing terms to be matched and informing the Core Lenders that they have ten days from delivery of the notice to exercise their right to match.

  • The final evaluation report also will include the basis of the offer to be issued to the Core Lenders to enable their right to match to be exercised.

  • Developer may include in the proposed list Lenders who acted exclusively as Core Lenders or participating lenders for losing proposers.

  • The list shall identify any Lenders on the list that are also participants with Core Lenders.

  • Given the anticipated right-to-match arrangements offered to the Core Lenders, these institutions will be automatically short-listed.

  • Confirmation from the Core Lenders acknowledging and accepting the IPDC process including their participation in the right to match process which may be run at any point from selection of Developer to Financial Close.


More Definitions of Core Lender(s)

Core Lender(s) means (i) at least one but no more than four experienced project finance lenders (bank and/or financial institution) who are identified in a Proposer’s Financial Proposal pursuant to the requirements of Section 3.2 of Exhibit C; and/or 2) proposed purchasers of Proposer’s debt securities sold pursuant to an exemption under Section 4(a)(2) of the Securities Act of 1933, as amended.
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Related to Core Lender(s)

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Consenting Lenders has the meaning set forth in Section 2.21(b).

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Continuing Lenders as defined in the recitals hereto.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • U.S. Lenders means the financial institutions listed on the signature pages of the U.S. Credit Agreement and their respective successors and assigns.

  • Tranche B Lenders means First Union National Bank and shall include the several banks and other financial institutions from time to time party to the Credit Agreement that commit to make the Tranche B Loans.

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

  • Reference Lenders means the Agent unless the Agent resigns said responsibility, at which time and thereafter such term means one or two Lenders selected by the Agent in its discretion from time to time as a reference lender for purposes of determining the Adjusted Libor Rate.

  • 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.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Swingline Lenders means JPMorgan Chase Bank and any other Lender that agrees to act as a Swingline Lender, each in its capacity as a lender of Swingline Loans hereunder.

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Issuing Lenders means all such Persons, collectively.

  • Increasing Lenders shall have the meaning given to that term in Section 2.01(b)(i).

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

  • Canadian Lenders means the Lenders having Canadian Commitments from time to time or at any time. Any Person may be a Canadian Lender only if it is a financial institution that is listed on Schedule I, II or III of the Bank Act (Canada) or is not a foreign bank for purposes of the Bank Act (Canada), and if such financial institution is not resident in Canada and is not deemed to be resident in Canada for purposes of the Income Tax Act (Canada), then such financial institution deals at arm’s length with each Canadian Loan Party for purposes of the Income Tax Act (Canada).

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Supermajority Lenders means, at any time, Lenders having Credit Exposure and unused Commitments representing at least 66 2/3% of the sum of the total Credit Exposure and unused Commitments at such time.