Lender Representative definition

Lender Representative shall have the meaning set forth in Section 10.16(B)(i).

Lender Representative means each Pari Passu Lien Debt Representative, acting on behalf of the Pari Passu Lien Secured Parties represented by such Pari Passu Lien Debt Representative, the Equipment Lessor (acting on its own behalf and as servicer for certain other Persons) and the Commercial Building Lender (acting on its own behalf).

Lender Representative means Term Loan Agent. The Borrower has granted to the Revolving Loan Agent (for its own benefit and the benefit of the Revolving Credit Parties) and to the Term Loan Agent (for its own benefit and the benefit of the Term Credit Parties) security interests in and to, among other things, the Borrower’s accounts, accounts receivable, inventory, and proceeds therefrom, including, without limitation, the proceeds now or hereafter deposited in the Account or evidenced thereby. Consequently, the present and all future contents of the Account constitute the collateral of Revolving Loan Agent and Term Loan Agent. Until you receive written notification from the Lender Representative that the interest of the Revolving Loan Agent, the other Revolving Credit Parties, the Term Loan Agent and the Term Credit Parties in the Accounts has been terminated, all funds from time to time on deposit in each of the Accounts, net of such minimum balance, not to exceed $[ ], shall be transferred [on each business day] [lesser frequency for remote accounts to be determined] as follows:

Examples of Lender Representative in a sentence

• Class B Lender Representative shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement in accordance with a request or consent of the requisite Class B Lenders and such request and any action taken or failure to act pursuant thereto shall be binding upon all of the Class B Lenders.

• If no successor Class A Lender Representative is appointed prior to the effective date of the resignation of Class A Lender Representative, Class A Lender Representative may appoint, after consulting with the Class A Lenders, a successor Class A Lender Representative.

• Each Class A Lender acknowledges that none of Class A Lender Representative-Related Persons has made any representation or warranty to it, and that no act by Class A Lender Representative hereinafter taken, including any review of the affairs of Borrower and its Affiliates, shall be deemed to constitute any representation or warranty by any Class A Lender Representative-Related Person to any Class A Lender.

• None of Borrower, Servicer, any Lender Representative or any Lender shall willfully or knowingly take any action, or cause any other Person to take any action, that would impair or circumvent the intended priority of distributions set forth in Section 3.01(a) or the subordination provisions thereof.

• Without limiting the generality of the foregoing, the use of the term “agent” in this Agreement with reference to Class A Lender Representative is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law.

More Definitions of Lender Representative

Lender Representative as used herein shall mean Revolving Loan Agent until such time as Revolving Loan Agent notifies the Processor in writing (at the Processor’s address above) that the Lender Representative shall be Term Loan Agent, and on and after delivery of such notice from Revolving Loan Agent to the undersigned, the term “Lender Representative” shall mean Term Loan Agent. Notwithstanding anything to the contrary contained in the Card Processing Agreement or any prior instructions which may have been given to the Processor, unless and until Processor receives written instructions from the Lender Representative to the contrary, effective as of the date hereof, all amounts as may become due from time to time from the Processor to the Company pursuant to the Card Processing Agreement or otherwise shall be transferred only as follows:

Lender Representative means a representative (which may be the Lenders’ Agent) acting as agent or trustee for and on behalf of all of the lenders lending to a Suitable Substitute.

Lender Representative means (i) so long as all obligations owed by IFF to the GSSIF Senior Lender have not been paid in full, GSSIF, and (ii) after all obligations owed by IFF to the GSSIF Senior Lender have been paid in full and so long as all obligations owed by IFF to the NT Senior Lender have not been paid in full, the NT Senior Lender, and (iii) after all obligations owed by IFF to the GSSIF Senior Lender and the NT Senior Lender have been paid in full and so long as all obligations owed by IFF to the Subordinate Lender have not been paid in full, the Subordinate Lender.

Lender Representative as used herein shall mean Revolving Loan Agent until such time as Revolving Loan Agent notifies you in writing (at your address above) that the Lender Representative shall be Term Loan Agent, and on and after delivery of such notice from Revolving Loan Agent to you, the term “Lender Representative” shall mean Term Loan Agent. The Borrower has granted to the Revolving Loan Agent (for its own benefit and the benefit of the Revolving Credit Parties) and to the Term Loan Agent (for its own benefit and the benefit of the Term Credit Parties) security interests in and to, among other things, the Borrower’s accounts, accounts receivable, inventory, and proceeds therefrom, including, without limitation, the proceeds now or hereafter deposited in the Account or evidenced thereby. Consequently, the present and all future contents of the Account constitute the collateral of Revolving Loan Agent and Term Loan Agent. Until you receive written notification from the Lender Representative that the interest of the Revolving Loan Agent, the other Revolving Credit Parties, the Term Loan Agent and the Term Credit Parties in the Accounts has been terminated, all funds from time to time on deposit in each of the Accounts, net of such minimum balance, not to exceed $[ ], shall be transferred [on each business day] [lesser frequency for remote accounts to be determined] as follows:

Lender Representative means the Person designated by the Lender, pursuant to the Loan Agreement, to act on behalf of the Lender. " Loan Documents " shall mean this Note, the Loan Agreement and the Warrants.

Lender Representative has the meaning specified in Section 10.13(b).

Lender Representative means the person identified as such in the Intermediary Special Conditions (or the successor to that role);