Examples of Debt Holder in a sentence
The coverage of this Agreement with respect to any interest in a Debt Document held by the Lender in its capacity as a Debt Holder shall not be affected by any such failure, and such failure shall not impair the rights of any other Debt Holder under this Agreement.
Any actions, consents, approvals, authorizations or discretion taken, given, made or exercised, or not taken, given, made or exercised by the Commercial Banks Facility Agent, acting as a Secured Debt Holder Group Representative on behalf of the Commercial Bank Lenders, in accordance with the Intercreditor Agreement shall be binding on each Commercial Bank Lender.
In the event that, without the prior written consent of Ex-Im Bank, the Lender (whether or not acting on the instructions of a Debt Holder) shall declare all or any part of the Borrower’s indebtedness under a Debt Document to be immediately due and payable or to be due and payable upon the demand of the Lender, then Ex- Im Bank shall have the right to terminate the Guarantee with respect to all or a portion of the Guaranteed Amount with respect to such Debt Document.
This termination shall be without prejudice to the right of the Lender, on behalf of a Debt Holder, to make demand on Ex- Im Bank under this Agreement for any other due and unpaid Installments.
Unless otherwise specified in a notice delivered in accordance with this Section 10.02, all notices to a Debt Holder shall be delivered, in care of the Lender, at the Lender’s address.
Any termination of the Guarantee with respect to an Approved Credit by Ex-Im Bank under this Section 4.05 will be deemed effective as of the date on which the Lender or the relevant Debt Holder, as the case may be, agreed to the prohibited amendment or deviation.
With respect to each Guarantee, Ex-Im Bank hereby waives diligence, presentment, protest and any requirement that the Lender or any Debt Holder exhaust any right or take any action against or give notice to the Borrower, any Guarantors or Ex- Im Bank, except for the written demands for payment by the Lender on the Borrower, any Guarantors and Ex-Im Bank required under this Agreement.
In the case of a Debt Holder who is not also the Lender, a notice shall be deemed to have been given to such Debt Holder five (5) Business Days after delivery to the Lender of such notice.
At least fifteen (15) days prior to making such demand on Ex-Im Bank, the Lender or affected Debt Holder shall have made demand for payment on the Borrower or any such Guarantor, whichever is the party unaffected by the rescission action.
In the event that the Lender fails to make demand on Ex-Im Bank on behalf of a Debt Holder within the time period required in Section 8.02(b)(vi), the Guarantee of the unpaid installment of principal and/or interest as to which such timely demand was not made shall automatically terminate with respect thereto.