Sharing Lender definition

Sharing Lender has the meaning given thereto in sub-clause 19.2.7 of Clause 19.2 (Pro Rata Sharing);
Sharing Lender has the meaning specified in Section 2.3.
Sharing Lender has the meaning given thereto in clause 19.2(G);

Examples of Sharing Lender in a sentence

  • If any Excess Amount subsequently has to be wholly or partly refunded to an Obligor by a Sharing Lender which has paid an amount equal to that Excess Amount to the Facility Agent under Clause 17.1 (Redistribution), each Finance Party to which any part of that amount was distributed shall on request from the Sharing Lender repay to the Sharing Lender that Finance Party’s proportionate share of the amount which has to be so refunded by the Sharing Lender.

  • A Sharing Lender which has commenced or joined in any proceedings to recover sums due to it under any Finance Document and which receives or recovers an amount under a judgment in the proceedings or a settlement of them shall not have to share that amount with a Lender which has the legal right to, but does not, join in the proceedings or commence and diligently prosecute separate proceedings to recover the amounts due to it under the Finance Documents.

  • If any excess amount subsequently has to be wholly or partly refunded to a Borrower by a Sharing Lender which has paid an amount equal to that excess amount to the Agent under Clause 17.1 (REDISTRIBUTION), each Lender to which any part of that amount was distributed shall on request from the Sharing Lender repay to the Sharing Lender such Lender's proportionate share of the amount which has to be so refunded by the Sharing Lender.

  • If any Excess Amount subsequently has to be wholly or partly refunded to Swiss Newco by a Sharing Lender which has paid an amount equal to that Excess Amount to the Facility Agent under Clause 15.1 (REDISTRIBUTION), each Lender to which any part of that amount was distributed shall on request from the Sharing Lender repay to the Sharing Lender that Lender's proportionate share of the amount which has to be so refunded by the Sharing Lender.


More Definitions of Sharing Lender

Sharing Lender has the meaning given thereto in sub-clause 23.2.7 of Clause 23.2 (Pro rata Sharing). "Shortfall" has the meaning given thereto in sub-clause 7.3.4 of Clause 7.3 (Repayment). "SLLP" means the Sustainability-Linked Loan Principles published by the Loan Market Association from time to time. "SPT" means, in relation to each KPI and each Sustainability Performance Period, each sustainability performance target to be agreed between the Facility Agent (acting on the instructions of all the Lenders) and the Obligors’ Agent within 12 Months from the date of this Agreement (or such later date as may be agreed by the Facility Agent (acting on the instructions of the Majority Lenders)) in a separate Sustainability Supplement. "sterling", "pounds" and "£" mean the lawful currency of the United Kingdom of Great Britain and Northern Ireland. "Subsidiary" means a subsidiary for the time being of the Parent and "Subsidiaries" shall refer to all such subsidiaries. "Sustainability Amendment Event" means: (a) the:

Related to Sharing Lender

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 9.07(a).

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Augmenting Lender has the meaning assigned to such term in Section 2.20.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Continuing Lender as defined in Section 2.17(a).

  • Exiting Lender see Section 2.17.7.

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Terminated Lender as defined in Section 2.23.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Refinancing Lender means, at any time, any bank, other financial institution or institutional investor that agrees to provide any portion of any Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.28; provided that each Refinancing Lender (other than any Person that is a Lender, an Affiliate of a Lender or an Approved Fund of a Lender at such time) shall be subject to the approval of the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) (such approval not to be unreasonably withheld or delayed), in each case to the extent any such consent would be required from the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) under Section 10.4(b) for an assignment of Loans or Commitments to such Refinancing Lender.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but on behalf of the Lenders hereunder.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.