Departing Lenders has the meaning assigned to such term in the preamble to this Agreement.
Departing Lenders is defined in Section 11.29 hereof.
Departing Lenders means Lenders, if any, that desire to assign all of their rights and obligations as Lenders under the Credit Agreement to the other Lenders and to no longer be parties to the Credit Agreement.
Examples of Departing Lenders in a sentence
The reallocation of the Commitments among the Lenders (including the New Lenders), including the assignment by the Departing Lenders of their rights and obligations under the Credit Agreement to the Lenders, shall be deemed to have been consummated pursuant to the terms of the Assignment and Assumption attached as Exhibit D to the Credit Agreement as if such Lenders and the Departing Lenders had executed an Assignment and Assumption with respect to such reallocation.
More Definitions of Departing Lenders
Departing Lenders means those lenders that are parties to the Existing Credit Agreement, but are not parties to this Agreement as of the Closing Date.
Departing Lenders means the Original Lenders that are not Continuing Lenders.
Departing Lenders means those lenders party to the Prior Credit Agreement which are not signatories to this Agreement.
Departing Lenders has the meaning ascribed thereto in Section 14.6.
Departing Lenders means all Existing Lenders with Term Loans or unreimbursed Tranche C-3 Credit-Linked Deposits outstanding under the Existing Credit Agreement that do not consent to the amendment of the Existing Credit Agreement pursuant to the terms and subject to the conditions of the Amendment.
Departing Lenders means persons that were lenders under the Pre-Restatement Credit Agreement and are not Lenders under this Agreement.
Departing Lenders means each “Non-Consenting Lender” under and as defined in the Existing Credit Agreement with respect to the amendment and restatement of the Existing Credit Agreement evidenced hereby.