Examples of Terminating Lender in a sentence
Notwithstanding anything in this Agreement to the contrary, no Lender whose Commitment Termination Date falls prior to the last day of any Interest Period for any Eurodollar Rate Advance (a “ Terminating Lender ”) shall participate in such Advance.
Any Lender which shall not timely notify the Borrower and the Administrative Agent of its election to extend the Maturity Date shall be deemed to have elected not to extend the Maturity Date with respect to its Commitment (any Lender who timely notifies the Borrower and the Administrative Agent of an election not to extend its Commitment and any Lender so deemed to have elected not to extend its Commitment being referred to as a "Terminating Lender").
The Administrative Agent shall make such applicable amounts of the proceeds of such Term Loans available to the Existing Lenders that are not a party to this Agreement (each, a “Terminating Lender”) as is necessary so that each Terminating Lender receives payment in full of all outstanding obligations owing to it under the Existing Agreement on the Effective Date simultaneously with the funding of the Term Loans under this Agreement.
Because the trial court set aside the agreement due to an ambiguity concerning the tax consequences of the alimony payments, none of those grounds are at issue in this case.trial court to send any disagreements to the mediator.
The Court made clear that the personal solicitation ban was necessary because “the mere possibility that judges’ decisions may be motivated by the desire to repay campaign contributions is likely to undermine the public’s confidence in the judiciary.” Id. (emphasis added) (quoting White, 536 U.S. at 790 (O’Connor, J., concurring)); see also id.