Funding Party definition

Funding Party means any bank or other entity, if any, which is indirectly or directly funding Lender with respect to the Loan, in whole or in part, including, without limitation, any direct or indirect assignee of, or participant in, the Loan.

Funding Party means any Lender, Letter of Credit Issuer or Liquidity Provider.

Funding Party. Any bank or other entity, if any, which is indirectly or directly funding Lender with respect to the Loan, in whole or in part, including, without limitation, any direct or indirect assignee of, or participant in, the Loan.

Examples of Funding Party in a sentence

• In the opinion of such Funding Party or its counsel, the transactions contemplated by the Operative Documents shall not violate any Applicable Law, and no change shall have occurred or been proposed in Applicable Law that would make it illegal for such Funding Party to participate in any of the transactions contemplated by the Operative Documents.

• The aggregate amount that any Funding Party shall be committed to fund under this Master Agreement and the Loan Agreement shall not exceed the lesser of (i) such Funding Party's Commitment and (ii) such Funding Party's Commitment Percentage of the aggregate Fundings requested under this Master Agreement.

• In determining such amount, such Funding Party may use any reasonable averaging and attribution methods.

• In no event shall any Funding Party be obligated to fund an amount in excess of such Funding Party's Commitment Percentage of any Funding, or to fund amounts in the aggregate in excess of such Funding Party's Commitment.

• Any amounts received by any Funding Party from whatever source on account of the Liabilities shall be applied by it toward the payment of such of the Liabilities, and in such order of application, as is set forth in the Operative Documents.

More Definitions of Funding Party

Funding Party. Any one, or more, or all, as the context shall require, of the Lessor and the Lease Participants collectively, the “Funding Parties”.

Funding Party means any Lender.

Funding Party means any Participant, the Liquidity Provider and each Bank Lender.

Funding Party means the Party or Parties entitled to recover amounts in respect of such Party Funded Costs;

Funding Party means the Party or Parties entitled to recover amounts in respect of such Party Funded Costs and, in relation to Scottish Operational Run-Off Costs, means the Scottish Distribution Companies;

Funding Party has the meaning set forth in Section 8.2(a)(ii).

Funding Party shall have the meaning set forth in Section 11.02(a). “GDC” shall have the meaning set forth in the preamble to the Agreement. “GDC Act” shall have the meaning set forth in Recital A to the Agreement. “GDC Board” shall have the meaning set forth in Section 3.01(a).