Examples of Reference Lender in a sentence
If a Reference Lender ceases for any reason to be able and willing to act as such, the Administrative Agent shall, at the direction of the Required Lenders and after consultation with the Borrower and the Lenders, appoint a replacement for such Reference Lender reasonably acceptable to the Borrower, and such replaced Reference Lender shall cease to be a Reference Lender hereunder.
Reference Lenders means Barclays Bank plc (Woolwich), Halifax plc/HBOS, Lloyds TSB Bank plc (C&G), National Westminster Bank plc, Nationwide Building Society and Northern Rock plc (or their respective successors) and such additional or replacement residential mortgage lenders as shall be determined by the Calculation Agent and Reference Lender means any one of them.
If any Reference Lender transfers all of its interest, rights and obligations under this Credit Agreement, the Administrative Agent shall, in consultation with the Borrower and with the consent of the Borrower and the Required Lenders, appoint another Lender to act as a Reference Lender hereunder.
Each Reference Lender agrees to furnish timely information for the purpose of determining the Eurodollar Rate.
In this study we use experiments with different external forcings carried out with both atmospheric and atmosphere–ocean coupled models.