Non-Consenting Lender definition

Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.
Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (i) requires the approval of all affected Lenders in accordance with the terms of Section 8.01 and (ii) has been approved by the Required Lenders.
Non-Consenting Lender has the meaning assigned to such term in Section 9.02(d).

Examples of Non-Consenting Lender in a sentence

  • No action by or consent of the Non-Consenting Lender shall be necessary in connection with such assignment, which shall be immediately and automatically effective upon payment of such purchase price.

  • Such notice to replace the Non-Consenting Lender or Tax Lender, as applicable, shall specify an effective date for such replacement, which date shall not be later than 15 Business Days after the date such notice is given.

  • If any Lender shall fail to notify the Agent and the Borrower in writing of its consent to any such request for extension of the Termination Date at least 20 days prior to the Termination Date, such Lender shall be deemed to be a Non-Consenting Lender with respect to such request.

  • If all of the Commitments of the Non-Consenting Lenders are not replaced on or before the Existing Maturity Date, then the Commitments of each Non-Consenting Lender not so replaced shall terminate on the Existing Maturity Date, and the Borrower shall fully repay on the Existing Maturity Date the Loans (including, without limitation, all accrued and unpaid interest and unpaid fees), if any, of such Non-Consenting Lenders, which shall reduce the aggregate Commitments accordingly.

  • Such purchase and sale shall be effective on the date of the payment of such amount to the Non-Consenting Lender and the Commitment of the Non-Consenting Lender shall terminate on such date.


More Definitions of Non-Consenting Lender

Non-Consenting Lender has the meaning specified in Section 3.07(d).
Non-Consenting Lender shall have the meaning assigned to such term in Section 2.19(c).
Non-Consenting Lender has the meaning provided therefor in Section 10.01.
Non-Consenting Lender has the meaning specified in Section 2.19(b).
Non-Consenting Lender shall have the meaning provided in Section 13.7(b).
Non-Consenting Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.
Non-Consenting Lender has the meaning specified in Section 9.01(b).