Declining Lenders is defined in Section 2.6(c).
Declining Lenders means, for the purposes of Section 2.4, Lenders that decline a request to extend the Maturity Date under Section 2.4(b) or do not respond to the request within the time periods referred to in Section 2.4 (for which they shall have no liability) and are thereby deemed to have declined the request.
Declining Lenders means, for the purposes of Section 9.8, Lenders that decline a request for consent of all Lenders under Section 9.7(3) or do not respond to the request within the time period referred to in Section 9.8 (for which they shall have no liability) and are thereby deemed to have declined the request.
Examples of Declining Lenders in a sentence
Promptly thereafter, the Agent shall notify the Borrower of the response of the Lenders, and shall include the names of all Declining Lenders (such notice, the "Accepting Lender Notice").
More Definitions of Declining Lenders
Declining Lenders as defined in Section 2.19.
Declining Lenders shall have the meaning provided in Section 5.2(h).
Declining Lenders has the meaning defined in Section 19.3.2;
Declining Lenders have the meaning assigned to such terms in Section 2.18 hereof.
Declining Lenders has the meaning set forth in Section 2.6. ----------------- -----------
Declining Lenders is defined in Section 2.24(b).
Declining Lenders has the meaning set forth in Section 2.20.