Non-Defaulting Revolving Lender definition

Non-Defaulting Revolving Lender means, at any time, each Revolving Lender that is not a Defaulting Lender at such time.

Non-Defaulting Revolving Lender means and include each Lender or Revolving Lender, as the case may be, other than a Defaulting Lender.

Non-Defaulting Revolving Lender means, at any time, a Revolving Lender that is not a Defaulting Lender at such time.

Examples of Non-Defaulting Revolving Lender in a sentence

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

• Borrower agrees to pay to the Administrative Agent for distribution to each Non-Defaulting Revolving Lender a commitment fee (the “Commitment Fees”) for the period from and including the Closing Date to and including the Revolving Loan Maturity Date (or such earlier date on which the Total Revolving Loan Commitment has been terminated) computed at a rate per annum equal to 0.50% of the Unutilized Revolving Loan Commitment of such Non-Defaulting Revolving Lender as in effect from time to time.

• 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 Revolving Lender as a result of such Non-Defaulting Revolving Xxxxxx’s increased exposure following such reallocation.

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

More Definitions of Non-Defaulting Revolving Lender

Non-Defaulting Revolving Lender means at any time there shall exist a Defaulting Lender or Defaulting Lenders, each Revolving Lender that is not a Defaulting Lender at such time.

Non-Defaulting Revolving Lender means each Revolving Lender other than a Defaulting Revolving Lender.

Non-Defaulting Revolving Lender means, at any time, each Revolving Lender that is not a Defaulting Lender at such time. “ Non-Extension Notice Date ” has the meaning assigned to such term in Section 2.17(b).

Non-Defaulting Revolving Lender means, at any time, each Revolving Lender that is not a Defaulting Lender at such time. “Non-Guaranteeing Restricted Subsidiary” has the meaning set forth in Section 9.7(a).

Non-Defaulting Revolving Lender shall have the meaning assigned to such term in Section 2.27(m).

Non-Defaulting Revolving Lender means, at any time, any Revolving Lender that is not a Defaulting Lender at such time. “Non-Public Lender” means (a) until the publication of an interpretation of “public” as referred to in the CRR by the competent authority or authorities, an entity that (i) assumes rights and/or obligations vis-à-vis a Borrower incorporated in the Netherlands, the value of which is at least €100,000 (or its equivalent in another currency), (ii) provides repayable funds for an initial amount of at least €100,000 (or its equivalent in another currency), or (iii) otherwise qualifies as not forming part of the public; and (b) as soon as the interpretation of the term “public” as referred to in the CRR has been published by the competent authority or authorities, an entity which is not considered to form part of the public on the basis of such interpretation. “NYFRB” means the Federal Reserve Bank of New York. “Obligations” means (a) the Loan Document Obligations, (b) the Designated Cash Management Obligations and (c) the Designated Hedge Obligations, excluding, with respect to any Subsidiary Guarantor, Excluded Swap Obligations with respect to such Subsidiary Guarantor. “Obligor” has the meaning set forth in Section 9.01. [[3851767]]

Non-Defaulting Revolving Lender means each Revolving Lender other than an Insolvency Defaulting Lender or Funds Defaulting Lender.