Non-ABR Lender definition

Non-ABR Lender means any Lender that does not extend credit based on a U.S. “prime rate” or Federal Funds Rate in the ordinary course of its business.
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Examples of Non-ABR Lender in a sentence

  • In addition, if at any time any Loans are maintained as ABR Loans, the Borrower agrees that within 10 Business Days after receiving any request from any Non-ABR Lender (but not more frequently than quarterly for any Lender), the Borrower will pay such Non-ABR Lender the ABR Gross-Up Amount with respect to the ABR Loans of such Non-ABR Lender.

  • In addition, if at any time any Term Loans are maintained as ABR Term Loans, the Borrower agrees that within 10 Business Days after receiving any request from any Non-ABR Lender (but not more frequently than quarterly for any Lender), the Borrower will pay such Non-ABR Lender the ABR Gross-Up Amount with respect to the ABR Term Loans of such Non-ABR Lender.

Related to Non-ABR Lender

  • Non-U.S. Lender means a Lender that is not a U.S. Person.

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • Terminated Lender as defined in Section 2.23.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Non-U.S. Lender Party means each of Agent, each Lender, each L/C Issuer, each SPV and each participant, in each case that is not a United States person as defined in Section 7701(a)(30) of the Code.

  • Non-BA Lender means a Lender that cannot or does not as a matter of policy accept or purchase Bankers’ Acceptances.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

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

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Increased Cost Lender as defined in Section 2.23.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • 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.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Increased-Cost Lenders as defined in Section 2.23.

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

  • Non-Accepting Lender has the meaning assigned to such term in Section 2.24(c).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 12.1.2.

  • 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.

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

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