Examples of DF Lender in a sentence
Any payment made by a Revolving Lender or a DF Lender pursuant to this paragraph to reimburse the Issuing Bank for any LC Disbursement (other than the funding of ABR Revolving Loans, DF Loans or a Swingline Loan as contemplated above) shall not constitute a Loan and shall not relieve the Parent Borrower or any applicable Foreign Subsidiary Borrower, as the case may be, of its obligation to reimburse such LC Disbursement.
The Administrative Agent shall maintain records enabling it to determine at any time the amount of the interest of each DF Lender in the Deposit Account (the interest of each DF Lender in the Deposit Account, as evidenced by such records, being referred to as such Lender’s “Sub-Account”).
In the event any reimbursement payment in respect of a DF LC Disbursement shall be required to be refunded by an Issuing Bank to the Borrower after the return of the Deposits to the Lenders as provided in Section 2.01(c), each DF Lender agrees to acquire and fund a participation in such refunded amount equal to the lesser of its DF Applicable Percentage thereof and the amount of its Deposit that shall have been so returned.
Deposit Increases may be made by any existing DF Lender or by any other bank or financial institution (any such other bank or financial institution being called an “Additional Lender”), provided that the Administrative Agent shall have consented (such consent not to be unreasonably withheld) to such DF Lender’s or Additional Lender’s making such Deposit Increases, if such consent would be required under Section 10.04 for an assignment of Deposits, as applicable, to such Lender or Additional Lender.