Swap Lender definition

Swap Lender means any Person that entered into a Swap Contract with Borrower or any Subsidiary before or while such Person was a Lender or an Affiliate of a Lender, in its capacity as a party to such Swap Contract.

Swap Lender means any Lender or its Affiliate that enters into a Lender Hedge Agreement (regardless of whether such Lender ceases to be a Lender after such Lender Hedge Agreement is entered into), but excluding, for certainty, any Lender Hedge Agreement entered into by an Obligor with any Lender after such Lender’s Commitment has been fully cancelled in accordance with the terms hereof or after such Lender has assigned all of its rights to the Credit Facilities in accordance with Section 16.2.

Swap Lender means any Person who is a party to an arrangement with Borrower evidencing Swap Obligations and holds a participating interest in the Revolving Credit Loans and the Term Loan.

Examples of Swap Lender in a sentence

• In connection with any such distribution of payments and collections, Administrative Agent will be entitled to assume no amounts are due to any Swap Lender unless such Swap Lender has notified Administrative Agent in writing of the amount of any such liability owed to it prior to such distribution.

• Each Swap Lender that has given the notice contemplated by the preceding sentence will, by such notice, be deemed to have acknowledged and accepted the appointment of Administrative Agent pursuant to the terms of Article 13 for itself and its Affiliates as if a “Lender” party hereto.

• SMRH:4838-5569-6023.10 -45- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement “Secured Hedging Agreement” means any Swap Contract permitted under Section 7.10.6 that is entered into by and between Borrower and any Swap Lender.

• Notwithstanding the foregoing, Secured Hedging Obligations will be excluded from the application described above if Administrative Agent has not received written notice thereof, together with such supporting documentation as Administrative Agent may reasonably request, from the applicable Swap Lender.

• SMRH:4838-5569-6023.10 -73- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement Notwithstanding the foregoing, Secured Hedging Obligations will be excluded from the application described above if Administrative Agent has not received written notice thereof, together with such supporting documentation as Administrative Agent may reasonably request, from the applicable Swap Lender.

More Definitions of Swap Lender

Swap Lender means any Person that is a counterparty to a Swap Agreement with the Borrower or any Subsidiary, which Swap Agreement was entered into prior to the time, or during the time, that such Person was a Lender or an Affiliate of a Lender (including any such Swap Agreement in existence prior to the date hereof), even if such Person subsequently ceases to be a Lender or an Affiliate of a Lender; provided that, so long as any Lender is a Defaulting Lender, such Lender will not be a Swap Lender with respect to any Swap Agreement entered into while such Lender was a Defaulting Lender.

Swap Lender means any Lender or any Affiliate thereof that is a hedge provider under a Swap Document, that is entered into prior to such Swap Lender ceasing to be a Lender. For greater certainty, any Person who enters into a Swap Document after such Person ceases to be a Lender is not a Swap Lender.

Swap Lender means with respect to any Calculation Date or any Determination Date, each Lender that is a party to a Swap Contract with the Company or an Affiliate of the Company on such date.

Swap Lender means a Lender or a Subsidiary or an Affiliate of a Lender which is a counterparty to a Risk Management Transaction with the Borrower, and which agrees in writing to be bound by and entitled to the benefit of the provisions of this Agreement, which agreement shall be in form and substance acceptable to the Agent and the Lenders, provided that a Lender with an Individual Commitment Amount hereunder shall be deemed to have provided such a written agreement to the Agent.

Swap Lender means any party to a Lender Hedge Agreement (other than any Loan Party or their Affiliates).

Swap Lender has the meaning ascribed thereto in the Credit Agreement;

Swap Lender means any Lender or its Affiliate that enters into any Hedging Agreement or Commodity Agreement which qualifies as Permitted Hedging (or such Lender or its Affiliate was not aware that such agreement did not so qualify) and includes the counterparties listed in Schedule L but only in respect of the Hedging Agreements or Commodity Agreements listed in Schedule L (and for certainty any Lender or its Affiliate which is a Lender or an Affiliate of a Lender at the time that it enters into a Hedging Agreement or Commodity Agreement shall continue to be a Swap Lender regardless of whether such Lender or Affiliate ceases to be a Lender or an Affiliate of a Lender thereafter but excluding, for certainty, any such agreement entered into with any counterparty after such counterparty or its Affiliates has ceased to be a Lender).