FILO Lender definition
Examples of FILO Lender in a sentence
Each FILO Lender shall timely honor its FILO Commitment by funding its Pro Rata share of each Borrowing of FILO Loans that is properly requested hereunder.
Each Revolver Lender or FILO Lender, as applicable, shall participate in each Protective Advance on a Pro Rata basis.
At the request of any FILO Lender, Borrowers shall deliver a FILO Note to such Lender.
Each FILO Lender agrees, severally on a Pro Rata basis up to its FILO Commitment, on the terms set forth herein, to make FILO Loans to Borrowers from time to time through the FILO Termination Date; provided that the aggregate amount of FILO Loans shall not exceed the FILO Commitments.
In no event shall an Overadvance be required that would cause (i) the outstanding Revolver Loans and LC Obligations of any Revolver Lender to exceed its Revolver Commitment, or (ii) the outstanding FILO Loans of any FILO Lender to exceed its FILO Commitment or (iii) the outstanding Revolver Loans, FILO Loans and LC Obligations to exceed the aggregate Commitments.