Rolling Lender definition

Rolling Lender has the meaning set forth in Section 1.14.
Rolling Lender has the meaning set forth in Section 1.14. “S&P” means Standard & Poor’s Ratings Services, a division of The ▇▇▇▇▇▇-▇▇▇▇ Companies, Inc., and any successor thereto. “Same Day Funds” means immediately available funds. “Sanctioned Country” means, at any time, a country, region or territory which is the subject or target of any Sanctions. “Sanctioned Person” means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC, the U.S. Department of State, the European Union or Her Majesty’s Treasury of the United Kingdom, (b) any Person organized or ordinarily resident in a Sanctioned Country or (c) any Person controlled (as determined by applicable law) by any Person or Persons described in the foregoing clause (a). “Sanctions” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”) or the U.S. Department of State or (b) the European Union or Her Majesty’s Treasury of the United Kingdom. 55
Rolling Lender with respect to the Tranche B-3 Term Loans only, has the meaning assigned to such term in the New Facility Joinder Agreement (Tranche B-3 Term Loans).

Examples of Rolling Lender in a sentence

  • Each Rolling Lender authorizes and instructs DBNY to enter into the Cashless Settlement Letter on such Rolling Lender’s behalf.

  • The pro rata share of each Consenting Rolling Lender will be calculated as a percentage equal to (i) the aggregate principal amount of Existing Term Loans owned by such Consenting Rolling Lender on the Transaction Effective Date (giving effect to any pending assignments as if such assignments have settled), divided by (ii) the aggregate principal amount of Existing Term Loans on the Transaction Effective Date.

  • Upon execution and delivery hereof and the occurrence of the New Effective Date, the Agent will record the Tranche B-3 Term Loan Commitment of the Initial Tranche B-3 Lender and each Rolling Lender in the Register.