Nonfunding Lender definition

Nonfunding Lender is defined in the definition of “Pro Rata”.
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Nonfunding Lender means any Lender that has failed to fund all payments and Advances required to be made by it and purchased all participations required to be purchased by it under the Agreement and the other Loan Documents.
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Nonfunding Lender is defined in the definition of "Prorata".
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Examples of Nonfunding Lender in a sentence

  • Regardless of whether the other Lenders fund the Funding Share(s) of the Nonfunding Lender, the respective ownership interests of the Lenders in the Loan shall be adjusted as provided in the definition of “Pro Rata”.

  • Should the Agent and/or any other Lender(s) fund any or all of the Nonfunding Lender’s Funding Share of any Advance, then the Nonfunding Lender shall have the obligation to deliver such amount to the Agent (for distribution to the Lender(s) who funded it) in collected funds on the next Business Day.

  • Regardless of whether the other Lenders fund the Funding Share(s) of the Nonfunding Lender, the respective ownership interests of the Lenders in the Loan shall be adjusted as provided in the definition of "Pro Rata".

  • Should the Agent and/or any other Lender(s) fund any or all of the Nonfunding Lender's Funding Share of any Advance, then the Nonfunding Lender shall have the obligation to deliver such amount to the Agent (for distribution to the Lender(s) who funded it) in collected funds on the next Business Day.


More Definitions of Nonfunding Lender

Nonfunding Lender is defined in the definition of "Pro Rata".
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Related to Nonfunding Lender

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

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

  • Exiting Lender see Section 2.17.7.

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 9.07(a).

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

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

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

  • 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.

  • Consenting Lender has the meaning specified in Section 2.19(b).

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

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Declining Lender has the meaning specified in Section 2.05(c).

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

  • Refinancing Lender means, at any time, any bank, other financial institution or institutional investor that agrees to provide any portion of any Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.28; provided that each Refinancing Lender (other than any Person that is a Lender, an Affiliate of a Lender or an Approved Fund of a Lender at such time) shall be subject to the approval of the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) (such approval not to be unreasonably withheld or delayed), in each case to the extent any such consent would be required from the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) under Section 10.4(b) for an assignment of Loans or Commitments to such Refinancing Lender.

  • 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.

  • New Revolving Lender as defined in Section 2.24.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

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

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

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.