Initial Loan Lender definition

Initial Loan Lender means each Lender holding an Initial Loan or an Initial Loan Commitment, unless and until (a) such Person ceases to be a “Lender” hereunder as a result of an assignment pursuant to Section 10.06, (b) all of the Initial Loan Commitments and Initial Loans, if any, held by such Person have been assigned pursuant to Section 10.06 or (c) all of the Initial Loan Commitments, if any, held by any such Person have been terminated and the Obligations relating to such Person’s Initial Loans (other than contingent or indemnity obligations for which no claim has been made), if any, owing to such Person have been paid in full; provided, however, that the obligations of such Person as a Lender that the Loan Documents expressly provide survive the termination of the Commitments held by such Person and the payment in full of the Obligations owing to such Person shall survive such termination and payment.
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Initial Loan Lender means each Lender holding an Initial Loan Commitment, unless and until (a) such Person ceases to be a “Lender” hereunder as a result of an assignment pursuant to Section 10.06 or (b) all of the Initial Loan Commitments and Initial Loans, if any, held by such Person have been assigned pursuant to Section 10.06 or (c) all of the Initial Loan Commitments, if any, held by any such Person have been terminated and the Obligations relating to such Person’s Initial Loans (other than contingent obligations with respect to which no claim has been made), if any, owing to such Person have been paid in full; provided, however, that the obligations of such Person as a Lender that the Loan Documents expressly provide survive the termination of the Commitments held by such Person and the payment in full of the Obligations owing to such Person shall survive such termination and payment.
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Initial Loan Lender means a Lender with an Initial Loan Commitment or an outstanding Initial Loan.
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Examples of Initial Loan Lender in a sentence

  • The Borrower shall pay an upfront fee (the “Upfront Fee”) to the Administrative Agent for the benefit of each Initial Loan Lender in an amount equal to [ ]% of the aggregate principal amount of the Initial Loan Commitments in effect on the Closing Date prior to any funding.

  • The Borrower shall pay an upfront fee (the “Upfront Fee”) to the Administrative Agent for the benefit of each Initial Loan Lender and each Delayed Draw Lender in an amount equal to [__]% of such Lender’s aggregate Commitments in effect on the Closing Date prior to any funding on such date.

  • Moreover, Thailand has just recently joined the ASEAN Economic Community (AEC) which is an initiation between 10 South-East Asia countries, aiming at integrating 10 economies into a single market and a single production base (ASEAN & ASEAN Secretariat, 2008).

  • The Borrower shall pay an upfront fee (the “Upfront Fee”) to the Administrative Agent for the benefit of each Initial Loan Lender in an amount equal to [____]% of the aggregate principal amount of the Initial Loan Commitments in effect on the Closing Date prior to any funding.

  • After the Initial Loan, Lender, in its sole and absolute discretion, may determine if and when it will loan additional amounts hereunder.

  • The Organization Documents of the Borrower shall be in form and substance reasonably satisfactory to each Initial Loan Lender, building projects.

  • The Borrower shall pay an upfront fee (the “Upfront Fee”) to the Administrative Agent for the benefit of each Initial Loan Lender and each Delayed Draw Lender in an amount equal to 0.25% of such Lender’s aggregate Commitments in effect on the Closing Date prior to any funding on such date.

  • The Borrower shall pay an upfront fee (the “Upfront Fee”) to the Administrative Agent for the benefit of each Initial Loan Lender and each Delayed Draw Lender in an amount equal to [___]% of such Lender’s aggregate Commitments in effect on the Closing Date prior to any funding on such date.


More Definitions of Initial Loan Lender

Initial Loan Lender means each Lender holding an Initial Loan Commitment, unless and until (a) such Person ceases to be a “Lender” hereunder as a result of an assignment pursuant to S ection 10.06 or (b) all of the Initial Loan Commitments and Initial Loans, if any, held by such Person have been assigned pursuant to S ection 10.06 or (c) all of the Initial Loan Commitments, if any, held by any such Person have been terminated and the Obligations relating to such Person’s Initial Loans (other than contingent obligations with respect to
Sample 1
Initial Loan Lender means each Lender holding an Initial Loan or an Initial Loan Commitment, unless and until (a) such Person ceases to be a “Lender” hereunder as a result of an
Sample 1
Initial Loan Lender means each Lender holding an Initial Loan Commitment, unless and until (a) such Person ceases to be a “Lender” hereunder as a result of an assignment pursuant to S ection 10.06, (b) the Initial Loan Commitment and Initial Loan, if any, held by such Person have been assigned pursuant to S ection 10.06 or (c) the Initial Loan Commitment, if any, held by such Person has been terminated and the Obligations relating to such Person’s Initial Loan (other than contingent obligations with respect to which no claim has been made), if any, owing to such Person have been paid in full including, without limitation, any Prepayment Amount that may be required
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Initial Loan Lender means, as of any date of determination, each Lender having an Initial Loan Commitment or that holds Initial Loans.
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Related to Initial Loan Lender

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

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

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

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

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

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Borrower.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

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

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • L/C Lender a Lender with an L/C Commitment.

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

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

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

  • 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.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.