Rescindable Amount has the meaning as defined in Section 2.12(b)(ii).
Rescindable Amount has the meaning assigned to such term in Section 2.18(d).
Rescindable Amount shall have the meaning provided in Section 2.10(d).
Examples of Rescindable Amount in a sentence
The Administrative Agent shall inform each Lender Recipient Party promptly upon determining that any payment made to such Lender Recipient Party comprised, in whole or in part, a Rescindable Amount.
Each Lender Recipient Party irrevocably waives any and all defenses, including any “discharge for value” (under which a creditor might otherwise claim a right to retain funds mistakenly paid by a third party in respect of a debt owed by another) or similar defense to its obligation to return any Rescindable Amount.
More Definitions of Rescindable Amount
Rescindable Amount has the meaning as defined in Section 3.8(c).
Rescindable Amount is defined in Section 4.1.
Rescindable Amount means any payment made by the Administrative Agent for the account of any Bank hereunder that the Administrative Agent determines (which determination shall be conclusive absent manifest error) (a) is covered by Section 2.5.11(a) or (b) was for any reason erroneously made for the account of such Bank.
Rescindable Amount is defined in Section 2.17(a)(iii).
Rescindable Amount shall have the meaning set forth in Section 4.03(d).
Rescindable Amount has the meaning specified in Section 9.16.
Rescindable Amount means any payment that Administrative Agent makes to any Lender or L/C Issuer as to which Administrative Agent determines (in its sole and absolute discretion) that any of the following applies: (1) Borrower has not in fact made the corresponding payment to Administrative Agent; (2) Administrative Agent has made a payment in excess of the amount(s) received by it from Borrower either individually or in the aggregate (whether or not then owed); or (3) Administrative Agent has for any reason otherwise erroneously made such payment.