RCF Lenders definition
Examples of RCF Lenders in a sentence
Each of the existing RCF Lenders shall be given the opportunity to increase their respective Commitments under the RCF prior to any solicitation by the Borrower for an initial Commitment from a Person that is not an existing RCF Lender.
If all RCF Lenders agree to participate in the increase to the RCF, the Commitment of each RCF Lender with respect to the RCF shall be increased in accordance with their respective Applicable Percentage.
No RCF Lender which declines to increase its Commitment with respect to the RCF may be replaced with respect to its Commitment as a result thereof without such RCF Lender's consent.
For certainty, a new RCF Lender may only be proposed by the Borrower to participate in a proposed increase to the RCF if the full amount of the proposed increase pursuant to the subject Increase Request is not completely acquired by Persons that are already RCF Lenders.