Lead Bank definition
Examples of Lead Bank in a sentence
If this Clause 11 (Changes to the calculation of interest) applies, the Lead Bank shall, as soon as is practicable (and in no event later than one Business Day after the occurrence thereof), notify the Borrower.
The Borrower shall not agree to grant sub-participations in respect of Collateral Obligations without the prior written consent of the Lead Bank.
The Parent shall promptly notify the Facility Agent, Lead Bank and Lenders upon becoming a Business Development Company.
For the avoidance of doubt, any information provided to the Lead Bank pursuant to this Clause 20 may be shared with the Senior Lenders.
The Senior Lenders or the Lead Bank on their behalf shall promptly notify (which may be by email) the Facility Agent and the Borrower of such satisfaction.