Examples of U.S. Dollar Revolving Lender in a sentence
The Administrative Agent shall in turn promptly notify each U.S. Dollar Revolving Lender of each request for a Competitive Bid Borrowing received by it from such U.S. Borrower by sending such U.S. Dollar Revolving Lender a copy of the related Notice of Competitive Bid Borrowing.
Each US Dollar Revolving Lender will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of such Borrower at the Funding Office prior to 3:00 p.m., New York City time, on the Borrowing Date requested by such Borrower in funds immediately available to the Administrative Agent.
Each U.S. Dollar Revolving Lender acknowledges and agrees that its obligation to acquire participations in Swingline Loans pursuant to this paragraph is absolute and unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or reduction or termination of the Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever.
Each U.S. Dollar Revolving Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds, in the same manner as provided in Section 2.06 with respect to Loans made by such U.S. Dollar Revolving Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the U.S. Dollar Revolving Lenders), and the Administrative Agent shall promptly pay to the Swingline Lender the amounts so received by it from the U.S.
The Borrower agrees to pay to the Administrative Agent for account of each U.S. Dollar Revolving Lender a commitment fee, which shall accrue at the Applicable Rate on the daily amount of the unused U.S. Dollar Revolving Commitments of such U.S. Dollar Revolving Lender during the period from and including the Effective Date to but excluding the earlier of the date such U.S. Dollar Revolving Commitment terminates and the applicable U.S.
Upon any such assignment by an Issuing Bank to any U.S. Dollar Revolving Lender of a portion of a Letter of Credit Advance, such Issuing Bank represents and warrants to such other U.S. Dollar Revolving Lender that such Issuing Bank is the legal and beneficial owner of such interest being assigned by it, free and clear of any liens, but makes no other representation or warranty and assumes no responsibility with respect to such Letter of Credit Advance, the Loan Documents or any Loan Party.
Each U.S. Dollar Revolving Lender agrees to purchase its U.S. Dollar Revolving Credit Pro Rata Share of an outstanding Letter of Credit Advance on (i) the Business Day on which demand therefor is made by the Issuing Bank which made such Advance, provided that notice of such demand is given not later than 11:00 A.M. (New York City time) on such Business Day, or (ii) the first Business Day next succeeding such demand if notice of such demand is given after such time.
On and after such conversion, all amounts accruing and owed to the Administrative Agent, the Issuing Lenders or any U.S. Dollar Revolving Lender in respect of the obligations described in this paragraph shall accrue and be payable in U.S. Dollars at the rates otherwise applicable hereunder.
SCHEDULE 2 2018 Upsize Term Lender 2018 Upsize Term Commitments Notice address Xxxxxxx Xxxxx Lending Partners LLC $311,950,000.00 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Ph: 000-000-0000 Fax: 000-000-0000 TOTAL $311,950,000.00 SCHEDULE 3 2021 US Dollar Revolving Commitments 2021 US Dollar Revolving Lender 2021 US Dollar Revolving Commitments GoldenTree Credit Opportunities Master Fund, Ltd.
Each U.S. Dollar Revolving Lender hereby absolutely and unconditionally agrees, upon receipt of notice as provided above in this paragraph, to pay to the Administrative Agent, for account of the Swingline Lender, such U.S. Dollar Revolving Lender's Applicable Percentage of such Swingline Loan or Loans.