Examples of Potential Defaulting Lender in a sentence
No payment by Borrower or delivery or application of cash collateral pursuant to clause (i) above shall change the status of a Defaulting Lender or Potential Defaulting Lender as such, or otherwise limit, reduce or qualify the obligations of such Defaulting Lender or Potential Defaulting Lender with respect to its obligations under this Agreement and the other Loan Documents.
Any determination that a Lender is a Potential Defaulting Lender under any of clauses (i) through (iii) above shall be made by the Administrative in its sole discretion acting in good faith.
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The rights and remedies against any Defaulting Lender or Potential Defaulting Lender under this Subsection 1.17 are in addition to any other rights and remedies that Borrower, Administrative Agent or any Lender may have against any such Defaulting Lender or Potential Defaulting Lender, as the case may be.
The Administrative Agent will promptly notify all parties hereto upon any determination that a Lender has become a Potential Defaulting Lender.