U.K. Term Lender definition

U.K. Term Lender means each Lender that has a U.K. Term Commitment or that holds a U.K. Term Loan.
U.K. Term Lender means, collectively, the Tranche A U.K. Term Lenders and the Tranche B U.K. Term Lenders.

Examples of U.K. Term Lender in a sentence

  • The Union argues that a 3% increase in the base rate of pay will not result in a 3% pay increase for any employees receiving more than the base rate because of longevity steps pay increases they have received over time.

  • The U.K. Term Commitment of each U.K. Term Lender shall be automatically and permanently reduced to $0 upon the conversion of all or a portion of such U.K. Term Lender’s U.K. Term Loans into Tranche B U.K. Term Loans pursuant to Section 2.01(b).

  • This Agreement shall become effective as of the Effective Date, may be terminated as set forth in this Article 12, and otherwise remains in effect until the expiration of all payment obligations of Ipsen under this Agreement (the “Term”).

  • Subject to the terms and conditions set forth herein, each U.K. Term Lender severally agrees to make to the Overseas Term Borrower a single loan denominated in Sterling in a Dollar Amount equal to such U.K. Term Lender’s U.K. Term Commitment on the Closing Date.

  • On the terms and subject to the conditions contained in this Agreement, each U.K. Term Lender severally agrees to make a loan (each a “U.K. Term Loan”) in Sterling to the U.K. Borrower on the Closing Date, in an amount equal to such U.K. Term Lender’s U.K. Term Commitment.

  • Not later than 10:00 a.m., New York City time, on the Amendment and Restatement Effective Date each Canadian Term Lender and UK Term Lender shall make available to the Administrative Agent at the applicable Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender.

Related to U.K. Term Lender

  • New Term Lender a Lender that has a New Term Loan.

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

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

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

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

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

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

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

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

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

  • Tranche B Term Loan as defined in Section 2.1.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Tranche C Term Loan as defined in Section 2.1.

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

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

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