Line of Credit Lender definition

Line of Credit Lender means (a) each of the financial institutions set forth on Schedule 4 to the Credit Agreement so long as such financial institution (i) is a Bank under this Agreement and (ii) has established an unsecured, discretionary line of credit for Borrower and its Subsidiaries, or (b) is a financial institution that has entered into a Hedge Agreement with Borrower so long as such financial institution is a Bank under this Agreement; provided that, if any such financial institution ceases to be a Bank under the Credit Agreement, then the Line of Credit Obligations owing to such financial institution shall no longer be secured by the Collateral.
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Line of Credit Lender shall have the meaning as that term is defined in Section 5.1(c) of this Agreement.
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Line of Credit Lender means U.S. Bank N.A., a national banking association organized under the laws of the United States.
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Examples of Line of Credit Lender in a sentence

  • Each Person that desires to become a party to this Agreement in order to make a Line of Credit Loan shall become a Line of Credit Lender for all purposes of this Agreement upon execution and delivery by such prospective Line of Credit Lender of a joinder to this Agreement substantially in the form of Exhibit K hereto.

  • Upon delivery of such confirmation, the Line of Credit Lender shall become obligated to advance the amount of the Line of Credit Loan (after giving effect to any Line of Credit Loan Issuance Discount) to the Borrowers on the applicable Line of Credit Loan Date on the terms set forth in the Line of Credit Loan Proposal.

  • Plotnikova received partial compensation of a car's monetary value in accordance with the State Programme for the redemption of the State internal debt (see paragraphs 20-22 below).

  • If the applicable Line of Credit Lender does not confirm its acceptance of the Line of Credit Loan Proposal, then it shall have no obligations with respect thereto and no such Line of Credit Loan will be made.

  • Upon request of the Line of Credit Lender, within five Business Days of the delivery of any financial statements referred to herein and at such times as the Line of Credit Lender may request on three (3) Business Days’ notice, the management of the Borrower shall host a conference call for the Line of Credit Lender to discuss such financial statements or current monthly financial results, as applicable.

  • The Borrower shall provide and maintain, at all times, insurance coverage of the types and amounts as in effect on the date of this Agreement, unless otherwise approved by the Line of Credit Lender.

  • Such Line of Credit Lender has the requisite power and authority to execute the Transaction Documents, and to perform its obligations under the Transaction Documents.

  • This Agreement shall be binding upon and shall inure to the benefit of the Borrower, the Line of Credit Lender and Line of Credit Lender’s respective successors and assigns.

  • The Borrower may not assign, in whole or in part, any of its rights or Obligations under this Agreement, the Line of Credit Documents, the Transaction Documents or any other agreement or commitment (in addition to this Agreement and the Line of Credit Documents) in existence between Line of Credit Lender on one hand, and the Borrower, on the other hand, without the prior written consent of the Line of Credit Lender.

  • No fewer than three (3) Business Days prior to each conference call, Borrower shall notify the Line of Credit Lender of the time and date of such conference call and shall provide each Line of Credit Lender with access instructions to the conference call.


More Definitions of Line of Credit Lender

Line of Credit Lender means Donald E.
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Line of Credit Lender means the Home Savings and Loan Company of Youngstown Ohio, or its successor or replacement lender.
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Related to Line of Credit Lender

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

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

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • 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.

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • 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).

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

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

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

  • New Revolving Lender as defined in Section 2.24.

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

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

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

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Letter of Credit Advance means an advance made by the Issuing Bank or any Revolving Credit Lender pursuant to Section 2.03(c).

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.