Examples of Non-Extending Lender in a sentence
Prior to any Non-Extending Lender being replaced by one or more Additional Commitment Lenders pursuant hereto, such Non-Extending Lender may elect, in its sole discretion, by giving irrevocable notice thereof to the Administrative Agent and the Company (which notice shall set forth such Lender’s new Maturity Date), to become an Extending Lender.
Each Lender that determines not to so extend its Maturity Date (a “Non-Extending Lender”) shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), and any Lender that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Extending Lender.
More Definitions of Non-Extending Lender
Non-Extending Lender as defined in Section 2.17(a).
Non-Extending Lender as defined in Section 2.26(e).
Non-Extending Lender as defined in Subsection 2.10(e).