GIEK Facility Lender definition

GIEK Facility Lender means the Norwegian Government represented by the Ministry of Trade and Industry and any permitted transferee of such Person in accordance with Clause 30.
Sample 1Sample 2
GIEK Facility Lender means Eksportfinans ASA and any permitted transferee of such Person in accordance with Clause 30.
Sample 1
GIEK Facility Lender means Eksportkreditt Norge AS acting through its office at Hieronymus Heyerdahls gate 0, 0xx Xxxxx, XX-0000 Xxxx, Xxxxxx (or through another branch or office notified to the Administrative Agent under Section 29.14) or its transferee, successor or assign;
Sample 1

Examples of GIEK Facility Lender in a sentence

  • Notwithstanding anything in this Agreement to the contrary, nothing in this Agreement is intended to or shall in anyway affect the rights and obligations of the parties set forth in that certain Noncompetition Agreement dated October 31, 1997, between the Company and Employee.

  • Neither the Facility Agent, the K-Sure Agent, the GIEK Agent nor the KEXIM Guarantee Agent shall have any liability to pay any sum to a Facility Lender, K-Sure Facility Lender, GIEK Facility Lender or, as the case may be, KEXIM Guarantee Facility Lender until it has itself received payment of that sum.

  • This Section 27 applies if a Lender (the “Sharing Lender”) receives or recovers any sum in respect of an amount due to it from the Borrowers under any Finance Document otherwise than by distribution from the Administrative Agent in accordance with the terms of this Agreement or, in the case of the GIEK Facility Lender, from GIEK under any GIEK Guarantee.

  • For the avoidance of doubt, the GIEK Facility Lender, as and when it deems appropriate in its discretion, may consult with GIEK in relation to any matter relating this Agreement and the Transaction Documents.

  • The Administrative Agent shall promptly notify the Borrowers, each of the Commercial Facility Lenders and, with respect to such period that Section 5.2(a)(ii) is applicable, the GIEK Facility Lender, stating the circumstances falling within Section 5.7 which have caused its notice to be given.

  • The Administrative Agent shall notify the Borrowers, the GIEK Facility Lender and each Commercial Facility Lender of the applicable rates of interest for each Interest Period as soon as reasonably practicable after they are determined.

  • Neither the Facility Agent nor the GIEK Agent shall have any liability to pay any sum to a Facility Lender, Facility Beneficiary or, as the case may be, GIEK Facility Lender until it has itself received payment of that sum.

  • The Lenders or any of them may assign, in any manner and terms agreed by the Administrative Agent and the Security Agent, all or any part of those rights to an insurer or surety who has become subrogated to them (including, in the case of the GIEK Facility Lender, to GIEK).

  • If the Commercial Credit Facility Loan is not refinanced or renewed on or before February 28, 2019, the GIEK Facility Lender shall have the option to require prepayment of the GIEK Facility Loan by notifying the Borrowers and the Administrative Agent in writing on or before March 6, 2019; any such prepayment demanded shall be paid by the Borrowers on or before May 31, 2019.

Related to GIEK Facility Lender

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

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

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

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Required Facility Lenders means, with respect to any Facility on any date of determination, Lenders having more than 50% of the sum of (i) the outstanding Loans under such Facility and (ii) the aggregate unused Commitments under such Facility; provided that, to the same extent set forth in Section 10.07(h) with respect to determination of Required Lenders, the Loans of any Affiliated Lender shall in each case be excluded for purposes of making a determination of Required Facility Lenders.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

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

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $50,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • 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).

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • 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.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • 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.

  • New Revolving Lender as defined in Section 2.24.

  • 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.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.