RL Lender definition

RL Lender means each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans.

RL Lender means, at any time, each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans at such time.

RL Lender means at any time each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans or any participation in one or more outstanding Letters of Credit or Swingline Loans.

Examples of RL Lender in a sentence

• The Administrative Agent shall promptly notify each Bidder RL Lender of each such request for a Competitive Bid Borrowing received by it from a Borrower by transmitting (by way of facsimile) to each such Bidder RL Lender a copy of the related Notice of Competitive Bid Borrowing.

• Promptly after it receives such notice, the Agent shall notify each RL Lender of the contents thereof.

• Coincident with the delivery of such Incremental Revolving Loan Commitment Agreement for acceptance and registration of the provision of an Incremental Revolving Loan Commitment, or as soon thereafter as practicable, new Revolving Notes, as the case may be, shall be issued to the respective Incremental RL Lender at the request of such Incremental RL Lender.

• The terms of each Competitive Bid Loan shall be evidenced by the respective correspondence between the respective Borrower thereof and the respective Bidder RL Lender pursuant to Section 1.04 and, unless otherwise agreed by the respective Borrower and the respective Bidder RL Lender or unless the respective Bidder RL Lender makes a request pursuant to the immediately succeeding sentence, Competitive Bid Loans shall not be evidenced by promissory notes.

• The Administrative Agent shall promptly transmit copies of each Letter of Credit Request to each RL Lender.

More Definitions of RL Lender

RL Lender means each Canadian Borrower RL Lender and each U.S. Borrower RL Lender.

RL Lender means each Multicurrency Facility RL Lender and each Dollar Facility RL Lender.

RL Lender means each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans. The 2016 Revolving Lenders and the 2017 Revolving Lenders shall be RL Lenders for all purposes of this Agreement.

RL Lender means, at any time, each Lender with a Revolving Loan Commitment or with outstanding Revolving Loans at such time. “RL Percentage” of any Lender at any time shall mean a fraction (expressed as a percentage) the numerator of which is the Revolving Loan

RL Lender means, as the context may require, a U.S. RL Lender or a Canadian Lender.

RL Lender appearing in Section 1 of the Credit Agreement is hereby amended by inserting the text ", each U.S. Borrower Dual Currency Facility RL Lender" immediately following the text "Multicurrency Facility RL Lender" appearing in said definition.

RL Lender means at any time each Lender with a Revolving Loan Commitment or with an outstanding Revolving Loan. “RL Percentage” of any Lender at any time shall mean a fraction (expressed as a percentage) the numerator of which is the Revolving Loan Commitment of such Lender at such time and the denominator of which is the Total Revolving Loan Commitment at such time, provided that if the RL Percentage of any Lender is to be determined after the Total Revolving Loan Commitment has been terminated, then the RL Percentages of the Lenders shall be determined immediately prior (and without giving effect) to such termination.