Directing Lender definition

Directing Lender means the Serviced Loan Combination Directing Lender with respect to the ___________________ Loan Combination.

Directing Lender has the meaning assigned to such term in Section 2.08(b).

Directing Lender means (i) if no ______________ Change of Control Event exists, the Class ___ Representative and (ii) if a ______________ Change of Control Event exists, the holders of greater than 50% of the aggregate then outstanding principal amount of the ______________ Loan Component A-1a (which will be deemed to be the Controlling Class Representative) and the ______________ Note ___ Non-Trust Mortgage Loan.

Examples of Directing Lender in a sentence

• Other than with respect to the President Plaza Mortgage Loan (only for so long as the holder of the related B Note is the President Plaza Directing Lender), the Operating Adviser shall have five days after such notice to disapprove such determination.

• Any public filing of this Agreement that includes executed signature pages to this Agreement shall include such signature pages only in redacted form with respect to the identity of the Directing Lenders and the amount of Term Loan Claims held by each Directing Lender (provided that the holdings disclosed in such signature pages may be filed in unredacted form under seal).

• Such additional Parties shall become a Directing Lender under this Agreement in accordance with the terms of this Agreement.

• For the avoidance of doubt, the obligations arising out of this Agreement are several and neither joint nor joint and several with respect to each Directing Lender, in accordance with its proportionate interest hereunder, and the Parties agree not to proceed against any Directing Lender for the obligations of another.

• Holders of Registrable Securities who do not become a Directing Lender or a Transaction Consenting Lender prior to the expiration of the Solicitation Period or who do not complete, execute and return this Questionnaire prior to the deadline (i) will not be named as selling unitholders in the Registration Statement, (ii) will not have their Registrable Securities registered for resale in the Registration Statement, and (iii) cannot use the Prospectus for resales of Registrable Securities.

More Definitions of Directing Lender

Directing Lender. Controlling Holder", "Directing Holder" or an analogous term, as applicable, under the related Loan Combination Co-Lender Agreement.

Directing Lender has the meaning set forth in the recitals of this Agreement.

Directing Lender as defined in subsection 8.3.

Directing Lender. Controlling Holder", "Directing Holder" or an analogous term, as applicable, under the related Loan Combination Co-Lender Agreement; provided that the Trust shall in all cases be the Loan Combination Directing Lender with respect to the 0000 Xx Xxxxxx Xxxx Loan Combination.

Directing Lender means the holder or holders (acting alone or collectively) of the largest percentage interest in the Loan (or their respective designees, including, without limitation, any related controlling class representative, directing certificateholder or similar party).

Directing Lender has the meaning specified in Section 8.04(2).

Directing Lender has the meaning specified in Section 8.04(2). “discharge” means, with respect to any Indebtedness, the repayment, prepayment, repurchase (including pursuant to an offer to purchase), redemption, defeasance or other discharge of such Indebtedness, any such case in whole or in part. “Discount Prepayment Accepting Lender” has the meaning assigned to such term in Section 2.05(1)(e)(B)(2). “Discount Range” has the meaning assigned to such term in Section 2.05(1)(e)(C)(1). “Discount Range Prepayment Amount” has the meaning assigned to such term in Section 2.05(1)(e)(C)(1). “Discount Range Prepayment Notice” means a written notice of the Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.05(1)(e)(C)(1) substantially in the form of Exhibit J. “Discount Range Prepayment Offer” means the written offer by a Lender, substantially in the form of Exhibit K, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice. “Discount Range Prepayment Response Date” has the meaning assigned to such term in Section 2.05(1)(e)(C)(1). “Discount Range Proration” has the meaning assigned to such term in Section 2.05(1)(e)(C)(3). “Discounted Prepayment Determination Date” has the meaning assigned to such term in Section 2.05(1)(e)(D)(3). “Discounted Prepayment Effective Date” means in the case of the Borrower Offer of Specified Discount Prepayment, Borrower Solicitation of Discount Range Prepayment Offer or Borrower Solicitation of Discounted Prepayment Offer, five (5) Business Days following the Specified Discount Prepayment Response Date, the Discount Range Prepayment Response Date or the Solicited Discounted Prepayment Response Date, as applicable, in accordance with Section 2.05(1)(e)(B), Section 2.05(1)(e)(C) or Section 2.05(1)(e)(D), respectively, unless a shorter period is agreed to between the Borrower and the Auction Agent. “Discounted Term Loan Prepayment” has the meaning assigned to such term in Section 2.05(1)(e)(A). “disposition” has the meaning set forth in the definition of “Asset Sale”. “Disqualified Institution” means (a) any competitor of the Borrower or its Subsidiaries identified by name in writing by or on behalf of the Borrower or the Sponsor to (i) the Arrangers from time to time on or prior to the Closing Date or (ii) the Administrative Agent from time to time after the Closing Date, (b) those particular banks, financial institutions, other institutional 4...