French Revolving Lender definition

French Revolving Lender means each financial institution listed on Schedule 2.01 (other than any such Person that has ceased to be a party hereto pursuant to an Assignment and Acceptance in accordance with Section 10.04) having a French Revolving Facility Commitment, as well as any Person that becomes a French Revolving Lender hereunder pursuant to Section 10.04, which, for the avoidance of doubt, shall include any Issuing Bank having issued, or which may issue, a French Letter of Credit to a French Borrower.
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French Revolving Lender means any Lender which has a French Revolving Commitment or is owed a French Revolving Loan (or a portion thereof) which Lender is a credit institution authorized by the French Autorité de Contrôle Prudentiel (ACP) to which institutions of the European Union or the European Economic Area which benefit from the European passport are assimilated or is otherwise permitted to carry on banking operations in an habitual manner in France without violation of any Requirement of Law and if payments in its favor are not and will not be made in a non-cooperative State or Territory (Etat ou Territoire Non Coopératif), within the meaning of Article 238 OA of the French tax code. Each reference to any French Revolving Lender shall be deemed to include such French Revolving Lender’s Applicable Designee (which Applicable Designee shall also meet the above requirements). Notwithstanding the designation by any French Revolving Lender of an Applicable Designee, the Borrowers and the Administrative Agent shall be permitted to deal solely and directly with such French Revolving Lender in connection with such French Revolving Lender’s rights and obligations under this Agreement.
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Examples of French Revolving Lender in a sentence

  • On the Maturity Date, each French Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each French Revolving Lender the then unpaid principal amount of each French Revolving Loan, French Protective Advance or French Overadvance, in each case, made to such French Borrower.

  • Upon receipt of any Notice of Borrowing of Multicurrency Revolving Loans or French Revolving Loans, Administrative Agent will promptly notify each Multicurrency Revolving Lender and/or French Revolving Lender, as applicable, thereof and of the amount of such Lender’s Multicurrency Revolver Pro Rata Share or French Pro Rata Share, as applicable, of the Borrowing.

  • The New French Borrower, each New French Revolving Lender and the New French Swingline Lender agrees that, at any time and from time to time, upon the written request of the Administrative Agent, it will execute and deliver such further documents and do such furtheracts and things as the Administrative Agent may reasonably request in order to effect the purposes of this Joinder Agreement.

  • All notices, requests and demands to or upon the New French Borrower, any New French Revolving Lender, theNew French Swingline Lender, any Agent or any Lender shall be governed by the terms of Section 12.03 of the Syndicated Facility Agreement.

  • The New French Borrower, each New French Revolving Lender and the New French Swingline Lender agrees that, at any time and from time to time, upon the written request of the Administrative Agent, it will execute and deliver such further documents and do such further acts and things as the Administrative Agent may reasonably request in order to effect the purposes of this Joinder Agreement.

  • All notices, requests and demands to or upon the New French Borrower, any New French Revolving Lender, the New French Swingline Lender, any Agent or any Lender shall be governed by the terms of Section 12.03 of the Syndicated Facility Agreement.

  • Each New French Revolving Lender, by its signature below, becomes a French Revolving Lender under the Syndicated Facility Agreement for all purposes of the Syndicated Facility Agreement and the other Credit Documents with the same force and effect as if originally named therein as a French Revolving Lender.

  • Each New French Revolving Lender, by its signature below, becomes a French Revolving Lender under the Syndicated Facility Agreement for all purposes of the Syndicated Facility Agreement and the other Credit Documents with the same force and effect as iforiginally named therein as a French Revolving Lender.

Related to French Revolving Lender

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • New Revolving Lender as defined in Section 2.24.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Canadian Revolving Commitment means the commitment of a Lender to make or otherwise fund any Canadian Revolving Loan and to acquire participations in Canadian Letters of Credit and Swing Line Loans hereunder and “Canadian Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Canadian Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Canadian Revolving Commitments as of the Restatement Date is $10,000,000.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.