Facility B Lender definition

Facility B Lender shall have the meaning assigned thereto in the Existing Credit Agreement.

Facility B Lender means, at any time, any Lender then having a Facility B Commitment or a Facility B Loan outstanding.

Facility B Lender means each of the Lenders holding an interest in Facility B.

Examples of Facility B Lender in a sentence

• If any Borrower fails to make such payment when due, the Administrative Agent shall notify each Facility A Lender or Facility B Lender, as applicable, of the applicable LC Disbursement, the payment then due from the Borrowers in respect thereof and such Lender’s Applicable Percentage thereof.

• No Facility B Lender shall be liable for any damage, loss or other claim arising by reason of any loss or improper use of any such instrument except the gross negligence or willful misconduct of such Facility B Lender or its officers, employees, agents or representatives.

• The Canadian Borrower shall sell, and such Facility B Lender shall purchase, the Bankers’ Acceptance at the applicable Discount Rate.

• Parliament, Government and Public Money, (London: Hansard Society), pp.69-71.

• Each Facility B Lender may from time to time hold, sell, rediscount or otherwise dispose of any or all Bankers’ Acceptances accepted and purchased by it.

More Definitions of Facility B Lender

Facility B Lender means each Lender that has a Facility B Commitment or that holds Facility B Loans; collectively, the “Facility B Lenders”.

Facility B Lender means a Lender that has a Facility B Commitment.

Facility B Lender means a Lender under Facility B. Facility C means the US$347,500,000 and €95,000,000 term loan facility referred to in Clause 2.1(c) (Facilities).

Facility B Lender means a Facility B1 Lender and/or a Facility B2 Lender and/or a Facility B2 Swiss Lender, in each case as the context requires.

Facility B Lender means any Lender which has any Facility B Commitment.

Facility B Lender. Any Lender designated as having a "Facility B Funding Percentage" in the Assignment and Acceptance pursuant to which such Lender becomes a Lender hereunder.

Facility B Lender shall, unless the context otherwise indicates, include Administrative Agent; and any resignation, or removal of by Administrative Agent hereunder shall not impair or otherwise affect any Rights which it has or may have in its capacity as an individual Facility B Lender. Each Facility B Lender and Borrower agree that Administrative Agent is not a fiduciary for Facility B Lenders or for Borrower but simply is acting in the capacity described herein to alleviate administrative burdens for both Borrower and Facility B Lenders, that Administrative Agent has no duties or responsibilities to Facility B Lenders or Borrower except those expressly set forth herein, and that Administrative Agent in its capacity as a Facility B Lender has all Rights of any other Lender.