Term-Out Lender definition

Term-Out Lender means any Committed Lender which is a member of a Lender Group for which the Term Period has commenced.
Term-Out Lender shall have the meaning assigned to such term in Section 2.22(c).
Term-Out Lender means (i) until the Term Out Revolving Loans have been funded or converted, such term as defined in the First Amendment and (ii) thereafter, each Lender with a portion of the outstanding Term Out Revolving Loans.

Examples of Term-Out Lender in a sentence

  • The Borrower shall repay to each Term-Out Lender the aggregate outstanding principal amount of such Lender’s Cash Secured Advance on the Termination Date for all Tranches related to such Cash Secured Advance.

  • The Borrower shall pay interest to each Term-Out Lender on the unpaid principal amount of such Committed Lender’s Cash Secured Advance from the date of such Cash Secured Advance until such principal amount shall be repaid in full, at a rate per annum equal at all times during each Tranche Period at the Interest Rate for such Tranche Period, payable in arrears on each Interest Payment Date for such Tranche Period and on the Termination Date for all Tranches related to such Cash Secured Advance.

  • The Borrower shall pay interest to each Term-Out Lender on the unpaid principal amount of such Committed Lender's Cash Secured Advance from the date of such Cash Secured Advance until such principal amount shall be repaid in full, at a rate per annum equal at all times during each Tranche Period at the Interest Rate for such Tranche Period, payable in arrears on each Interest Payment Date for such Tranche Period and on the Termination Date for all Tranches related to such Cash Secured Advance.

  • The Borrower shall repay to each Term-Out Lender the aggregate outstanding principal amount of such Lender's Cash Secured Advance on the Termination Date for all Tranches related to such Cash Secured Advance.


More Definitions of Term-Out Lender

Term-Out Lender means (a) at any time on or prior to the First Amendment Closing Date, any Lender that has a Term Out Commitment at such time, and (b) at any time after the First Amendment Closing Date, any Lender that holds Term Out Loans at such time.
Term-Out Lender means any Liquidity Bank which is a member of a Group for which the Term Period has commenced.
Term-Out Lender as defined in Section 2.8(c).

Related to Term-Out Lender

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

  • Holdout Lender has the meaning specified therefor in Section 12.02(b).

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

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • New Revolving Lender as defined in Section 2.24.

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

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

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

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

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