Participating Lender definition

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

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Participating Lender has the meaning assigned to such term in Section 2.11(a)(ii)(C).

Participating Lender is defined in Section 1.3(e) hereof.

Examples of Participating Lender in a sentence

Without limiting the generality of the foregoing, such obligations shall not be affected by any Default or Event of Default or by any reduction or termination of the Revolving Credit Commitment of any Lender, and each payment by a Participating Lender under this Section 2.3 shall be made without any offset, abatement, withholding or reduction whatsoever.
Each such Participating Lender shall, after making its appropriate payment, be entitled to receive its Revolver Percentage of each payment received in respect of the relevant Reimbursement Obligation and of interest paid thereon, with the applicable L/C Issuer retaining its Revolver Percentage thereof as a Lender hereunder.
The several obligations of the Participating Lenders to the L/C Issuers under this Section 2.3 shall be absolute, irrevocable and unconditional under any and all circumstances and shall not be subject to any set-off, counterclaim or defense to payment which any Participating Lender may have or has had against the Borrowers, the applicable L/C Issuer, the Administrative Agent, any Lender or any other Person.

More Definitions of Participating Lender

Participating Lender is defined in Section 2.3(d) hereof.

Participating Lender any Revolving Credit Lender (other than the Issuing Lender) with respect to its L/C Participating Interest in each Letter of Credit.

Participating Lender means a mortgage lender as defined in Iowa Code section 16.1 that has submitted a letter of interest to the authority which has been approved by the board of the authority.

Participating Lender is defined in Section 1.2(d) hereof.

Participating Lender as defined in Subsection 4.4(l)(iii)(2).

Participating Lender means any Person who shall have been granted the right by any Lender to participate in the financing provided by such Lender under this Agreement, and who shall have entered into a participation agreement in form and substance satisfactory to such Lender.

Participating Lender is defined in Section 2.2(e).