Non-Defaulting Lender definition

Non-Defaulting Lender means, at any time, each Lender that is not a Defaulting Lender at such time.
Non-Defaulting Lender means, at any time, a Lender that is not a Defaulting Lender.
Non-Defaulting Lender means and include each Lender other than a Defaulting Lender.

Examples of Non-Defaulting Lender in a sentence

  • All or any part of such Defaulting Lender’s participation in Letter of Credit Obligations and Swing Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Ratable Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Facility Usage of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment.

  • No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Xxxxxx having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Xxxxxx’s increased exposure following such reallocation.


More Definitions of Non-Defaulting Lender

Non-Defaulting Lender means each Lender other than a Defaulting Lender.
Non-Defaulting Lender means, at any time, a Lender that is not a Defaulting Lender or a Potential Defaulting Lender.
Non-Defaulting Lender means, at any time, each Lender that is not a Defaulting Lender at such time. “Non-Extension Notice Date” has the meaning specified in Section 2.03(b)(iii).
Non-Defaulting Lender any Lender other than a Defaulting Lender.
Non-Defaulting Lender means any Lender that is not a Defaulting Lender.
Non-Defaulting Lender means a Lender that is not a Defaulting Lender.
Non-Defaulting Lender means any Lender other than a Defaulting Lender.