Extending Lenders definition

Extending Lenders has the meaning specified in Section 2.07.
Extending Lenders has the meaning set forth in Section 2.24(a)(ii).
Extending Lenders is defined in Section 2.17.

Examples of Extending Lenders in a sentence

  • The Loans constituting each ABR Borrowing (including each Swingline Loan) that are made by the Extending Lenders shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Extended Applicable Margin.

  • The Loans constituting each RFR Borrowing that are made by the Extending Lenders shall bear interest at a rate per annum equal to the Daily Simple RFR plus the Extended Applicable Margin.

  • The Loans constituting each Term Benchmark Borrowing that are made by the Extending Lenders shall bear interest at a rate per annum equal to the Adjusted Term Benchmark Rate for the related Interest Period for such Borrowing plus the Extended Applicable Margin.

  • From time to time, the Borrower may, by notice to the Administrative Agent, designate additional Extending Lenders as an Issuing Bank, so long as each such Lender agrees (in its sole discretion) to act in such capacity and is reasonably satisfactory to the Administrative Agent; provided that each such notice shall include an updated Schedule 2.05; provided, further, that the Borrower shall not update Schedule 2.05 to increase any Issuing Bank’s maximum LC Exposure without such Issuing Bank’s consent.

  • Each reduction of the Commitments of a Class of Commitments pursuant to clause (b) shall be made ratably among the Lenders of such Class (including with respect to (x) Dollar Lenders and Multicurrency Lenders and (y) Extending Lenders and Non-Extending Lenders) in accordance with their respective Commitments of such Class.


More Definitions of Extending Lenders

Extending Lenders has the meaning assigned to such term in Section 2.24.
Extending Lenders as defined in Subsection 2.8(a).
Extending Lenders as defined in Section 2.25(a).
Extending Lenders has the meaning assigned to such term in Section 15.1.1(a).
Extending Lenders means (a) each Existing Lender that has agreed to extend its Commitment as set forth on Schedule I, (b) each Non-Extending Lender that has agreed after the Amendment No. 3 Effective Date to become an “Extending Lender” (which agreement shall be in form and substance reasonably satisfactory to the Borrower and the Administrative Agent), and (c) any other Person that shall have become a party hereto pursuant to Section 2.08(e) or an Assignment and Assumption that provides for it to assume a Commitment or to acquire Revolving Credit Exposure from any Extending Lender (or from a Non-Extending Lender, to the extent such Person has agreed to become an Extending Lender) other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.
Extending Lenders shall have the meaning set forth in Section 2.28.
Extending Lenders has the meaning attributed thereto in Section 2.2(b);