MC Lender definition

MC Lender means each Lender that has a MC Commitment or, following termination of the MC Commitments, has MC Loans outstanding.
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MC Lender means each Lender that has an MC Commitment or, following termination of the MC Commitments, has MC Credit Exposure, and includes each MC Swing Line Lender.
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MC Lender means each Lender that has a MC Commitment or, following termination of the MC Commitments, has MC Loans outstanding. “MC Loans” means MC Committed Loans and MC Swing Line Loans.
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Examples of MC Lender in a sentence

  • In the case of any such request, the Administrative Agent shall promptly notify each MC Lender thereof.

  • Promptly following receipt of an Interest Election Request with respect to the MC Credit Facility, the Administrative Agent shall advise each MC Lender of the details thereof and of such Lender’s portion of each resulting Committed Borrowing.

  • Borrower agrees to pay to Administrative Agent for the account of each Revolving Credit (MC) Lender pro rata according to its Pro Rata Share with respect to the Revolving Credit (MC) Facility, a commitment fee in Dollars equal to the Applicable Margin times the actual daily amount by which the Aggregate Revolving Credit (MC) Commitments exceed the aggregate Outstanding Amount of Revolving Credit (MC) Loans of all Revolving Credit (MC) Lenders, subject to adjustment as provided in Section 2.16.

  • Promptly following receipt of a Committed Borrowing Request with respect to the MC Credit Facility in accordance with this Section 2.04, the Administrative Agent shall advise each MC Lender of the details thereof and of the amount of such MC Lender’s MC Committed Loan to be made as part of the requested Committed Borrowing.

  • Each MC Lender and the Borrower agree that, in paying any drawing under a Letter of Credit, the Applicable Issuing Party shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by the Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document.

  • Administrative Agent shall promptly notify each Revolving Credit (MC) Lender thereof.

  • Administrative Agent will promptly notify each Revolving Credit (USD) Lender, Revolving Credit (MC) Lender or Term Loan Lender, as the case may be, thereof and of such Lender’s Pro Rata Share of such prepayment.

  • Administrative Agent will promptly notify each Revolving Credit (USD) Lender or Revolving Credit (MC) Lender, as the case may be, thereof and of such Lender’s Pro Rata Share of such prepayment.

  • Each Revolving Credit (MC) Lender (in the case of any such request pertaining to Alternative Currency Loans) or the Issuing Lender (in the case of any such request pertaining to Letters of Credit) shall notify Administrative Agent, not later than 11:00 a.m. (California time), ten Business Days after receipt of such request whether it consents, in its sole discretion, to the making of Alternative Currency Loans or the issuance of Letters of Credit, as the case may be, in such requested currency.

  • In the case of any such request pertaining to Alternative Currency Loans, Administrative Agent shall promptly notify each Revolving Credit (MC) Lender thereof; and in the case of any such request pertaining to Letters of Credit, Administrative Agent shall promptly notify the Issuing Lender thereof.