Qualifying Lender definition

Qualifying Lender has the meaning set forth in Section 2.05(a)(v)(D)(3).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

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

Qualifying Lender has the meaning given to it in Clause 12 (Tax gross-up and indemnities).

Examples of Qualifying Lender in a sentence

• The Assignee confirms for the benefit of the Administrative Agent and any relevant Credit Party, but without liability to any Credit Party, that it is [a UK Qualifying Lender (other than a UK Treaty Lender)/a UK Treaty Lender/ not a UK Qualifying Lender]5.

• Any Lender that ceases to be a UK Qualifying Lender shall promptly notify Administrative Agent and Company.

• A Lender that is a UK Qualifying Lender solely by virtue of sub-paragraph (b) of the definition of “UK Qualifying Lender” shall promptly notify Company and the Administrative Agent if there is any change in the position from that set out in the UK Tax Confirmation.

• If a Lender fails to indicate its status in accordance with this Section 4.7(f)(iii)(7)) then such Lender shall be treated for the purposes of this Agreement (including by each Credit Party) as if it is not a UK Qualifying Lender until such time as it notifies Company and the Administrative Agent.

More Definitions of Qualifying Lender

Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under a Finance Document and is:

Qualifying Lender means a Lender which is:

Qualifying Lender has the meaning assigned to such term in the definition of “Dutch Auction”.

Qualifying Lender as defined in Subsection 4.4(l)(iv)(3).

Qualifying Lender has the meaning given to that term in Clause 14 (Tax Gross Up and Indemnities).

Qualifying Lender has the meaning given to it in Clause 15 (Tax gross-up and indemnities).

Qualifying Lender has the meaning given to it in Clause 12.1 (Definitions).