Finance Party definition

Finance Party means the Agent, the Arranger or a Lender.
Finance Party means any one of them.
Finance Party means a Lender or an Administrative Party.

Examples of Finance Party in a sentence

  • In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by a Finance Party are prima facie evidence of the matters to which they relate.

  • If the obligations are in different currencies, the Finance Party may convert either obligation at a market rate of exchange in its usual course of business for the purpose of the set-off.

  • Failure by a Finance Party to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents.

  • No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.

  • No failure to exercise, nor any delay in exercising, on the part of any Finance Party or Secured Party, any right or remedy under the Finance Documents shall operate as a waiver, nor shall any single or partial exercise of any right or remedy prevent any further or other exercise or the exercise of any other right or remedy.


More Definitions of Finance Party

Finance Party means the Administrative Agent, the Security Agent, each Creditor’s Representative or a Participating Creditor.
Finance Party means an Administrative Party or a Lender.
Finance Party means the Agent, an Arranger, the Security Agent, a Lender, a Hedge Counterparty or an Ancillary Lender provided that where the term “Finance Party” is used in, and construed for the purposes of, this Agreement or the Intercreditor Agreement, a Hedge Counterparty shall be a Finance Party only for the purposes of:
Finance Party means any of the Agents, the Mandated Lead Arrangers and the Lenders.