Designated Lending Branch definition

Designated Lending Branch means, in relation to a Lender, the branch or office designated from time to time in writing to the Agent by such Lender as the branch or office from which such Lender funds its Pro Rata Share of the Advances and to which the Agent is to forward payments by the Borrower hereunder.
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Examples of Designated Lending Branch in a sentence

  • Unless the Commitments of the Lenders shall have expired or terminated (in which event the procedures of Section 2.11(e) shall apply), each Lender shall remit its Pro Rata Share of any such Syndicated Advance to the Agent’s Account, and the Agent shall make such funds available to the Swing Line Lender at the Designated Lending Branch of the Swing Line Lender, in each case for same day value on the Banking Day next following the date such notice is given.

  • Unless the Commitments of the Lenders shall have expired or terminated (in which event the procedures of Section 2.11(e) shall apply), each Lender shall remit its Pro Rata Share of any such Syndicated Advance to the Agent's Account, and the Agent shall make such funds available to the Swing Line Lender at the Designated Lending Branch of the Swing Line Lender, in each case for same day value on the Banking Day next following the date such notice is given.

Related to Designated Lending Branch

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

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Domestic Lending Office means, with respect to any Lender, the office of such Lender specified as its "Domestic Lending Office" opposite its name on Schedule I hereto or in the Assignment and Acceptance pursuant to which it became a Lender, or such other office of such Lender as such Lender may from time to time specify to the Borrower and the Agent.

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

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

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

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

  • Money Market Lending Office means, as to each Bank, its Domestic Lending Office or such other office, branch or affiliate of such Bank as it may hereafter designate as its Money Market Lending Office by notice to the Borrower and the Agent; provided that any Bank may from time to time by notice to the Borrower and the Agent designate separate Money Market Lending Offices for its Money Market LIBOR Loans, on the one hand, and its Money Market Absolute Rate Loans, on the other hand, in which case all references herein to the Money Market Lending Office of such Bank shall be deemed to refer to either or both of such offices, as the context may require.

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Exiting Lender see Section 2.17.7.

  • L/C Lender a Lender with an L/C Commitment.

  • Canadian Lending Office means, with respect to any Lender, the office of such Lender specified as its “Canadian Lending Office” in its Administrative Questionnaire or such other office of such Lender as such Lender may from time to time specify to the U.S. Borrower and the Agent.

  • Affiliated Lender Cap has the meaning assigned to such term in Section 9.05(g)(iv).

  • New Lending Office has the meaning specified therefor in Section 2.09(d).

  • Lending institution Any insurance company, federally insured commercial or savings bank, national banking association, savings and loan association, credit union, employees’ welfare, pension or retirement fund or system, corporate profit sharing or pension trust, college or university, endowment fund, real estate investment trust, or other institutional lender or financial enterprise, including, without limitation, any corporation qualified to be treated for federal tax purposes as a real estate investment trust, having a net worth of at least $50,000,000 acting on its own behalf or as agent on behalf of other Lending Institutions.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Terminated Lender as defined in Section 2.22.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

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

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

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

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