Eligible Lenders definition

Eligible Lenders means, with respect to any Extension Request, (i) all Lenders if no Lender's Commitment Termination Date had been extended pursuant to this Section 2.16 prior to the delivery to the Agent of such Extension Request, and (ii) in all other cases, those Lenders which had extended their Commitment Termination Date in the most recent extension of any Commitment Termination Date effected pursuant to this Section 2.16.
Eligible Lenders means a commercial bank or other financial institution (other than a Hedge Fund) with a credit rating in respect of its international long-term debt equal to at least BBB by Standard & Poor’s or Baa2 by Moody’s and, in addition, Itaú, Banco do Brasil, Banco Nacional de Desenvolvimento Econômico e Social (BNDES), Fundo da Marinha Mercante (FMM), Caixa Econômica Federal and Santander (Brasil).
Eligible Lenders has the meaning specified in Section 2.16.

Examples of Eligible Lenders in a sentence

  • Property owners will obtain all financing from the Eligible Lenders they choose.

  • Based on this preliminary letter, the property owner may initiate an independent third-party review of the project and submit the project to Eligible Lenders for approval of financing.

  • Eligible Lenders should follow their normal policies and procedures for originating a loan to a new customer, including Know Your Customer procedures.

  • Eligible Lenders are expected to conduct an assessment of each potential borrower’s financial condition at the time of the potential borrower’s application.

  • A grain size analysis test was carried out for BC soil only to identify the percentage of gravel, sand, silt, and clay particles in the soil by adopting the procedure of IS: 2720 (Part 4) (1985).[15]In the present study, PPF was mixed in different proportion to enhance strength characteristics.


More Definitions of Eligible Lenders

Eligible Lenders means (i) a commercial bank organized under the laws of the United States or any state thereof, or (ii) a bank acting through a branch or agency located in the United States.
Eligible Lenders as defined in the MSELF Term Sheet.
Eligible Lenders has the meaning set forth in Section 2.26(d).
Eligible Lenders means, with respect to any Extension Request, (i) all Lenders if no Lender’s Maturity Date had been extended pursuant to this Section 2.16 prior to the delivery to the Agent of such Extension Request, and (ii) in all other cases, those Lenders which had extended their Maturity Date in the most recent extension of any Maturity Date effected pursuant to this Section 2.16.
Eligible Lenders means (i) the lenders under the Credit Agreement, (ii) any affiliate of any lender under the Credit Agreement, (iii) any commercial bank, savings bank or loan association having a combined capital and surplus of at least $100.0 million and (iv) any other financial institution, including a mutual fund or other fund, having total assets of at least $250.0 million.
Eligible Lenders means, with respect to any Extension Request related to the U.S. Revolving Commitments and U.S. Revolving Loans, Revolving Loans, Canadian Revolving Commitments and Canadian Revolving Loans, Revolving Loans, European Revolving Commitments and European Revolving Loans or Hong Kong Revolving Commitments and Hong Kong Revolving Loans, as applicable, (i) all applicable Revolving Lenders if the applicable Revolving Commitment Termination Date of no applicable Revolving Lender’s applicable Revolving Loans or Revolving Commitments had been extended pursuant to this Section 2.26 prior to the delivery to the Administrative Agent of such Extension Request, and (ii) in all other cases, those applicable Revolving Lenders which extended the applicable Revolving Commitment Termination Date of their applicable Revolving Loans and Revolving Commitments in the most recent extension of any applicable Revolving Commitment Termination Date effected pursuant to this Section 2.26.
Eligible Lenders means, with respect to any Extension Request related to the Tranche A2 Facility or the Tranche A3 Facility, as applicable, (i) all Appropriate Lenders if the Maturity Date of no Appropriate Lender’s Advances had been extended pursuant to this Section 2.16 prior to the delivery to the Administrative Agent of such Extension Request, and (ii) in all other cases, those Appropriate Lenders which extended the Maturity Date of their Advances in the most recent extension of any Maturity Date effected pursuant to this Section 2.16.