Applicable Lender definition

Applicable Lender has the meaning assigned to such term in Section 2.06(d).

Applicable Lender means any Lender other than an Agented Lender.

Applicable Lender has the meaning given in Clause 5.2;

Examples of Applicable Lender in a sentence

• For so long as such Applicable Lender controls a Collateral Account, each Lender hereby irrevocably appoints each Applicable Lender as its agent to act on its behalf for purposes of Section 2.14 and the Security Agreement and authorizes each Applicable Lender to take such actions on its behalf and to exercise such powers as are contemplated by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto.

• Upon the request of any Applicable Lender, Borrowers shall execute and/or deliver any additional agreements, documents and instruments, and take such further actions, in each case, as such Applicable Lender may reasonably deem necessary or desirable to assure such Applicable Lender’s Lien on the Collateral is a valid, perfected, first priority Lien (subject to no other Lien, other than Permitted Liens) and to carry out the provisions and purposes of the Margin Loan Documentation.

• In performing its functions and duties hereunder, each Applicable Lender shall act solely as an agent of the other Lenders and does not assume and shall not be deemed to have assumed any obligation towards or fiduciary relationship or trust with or for any Borrower or Guarantor.

More Definitions of Applicable Lender

Applicable Lender means any Lender that has, or purports to have, control (other than a Lender that is an Agented Lender solely as it relates to that portion of the Collateral for which such Lender is an Agented Lender) over any portion of the Collateral pursuant to the Collateral Account Control Agreement (it being understood that the termination of the Collateral Account Control Agreement (or the termination of the Collateral Account Control Agreement with respect to such Lender’s Ratable Share of the Collateral) without the written consent of the relevant Applicable Lender shall not result in such Lender ceasing to be an Applicable Lender).

Applicable Lender means each Lender that has executed and delivered to the Administrative Agent the Consent to this Amendment prior to 12:00 noon, New York City time, on Wednesday, November 2, 2016 or such later date and time specified by the Borrower and notified in writing to the Lenders by the Administrative Agent.

Applicable Lender means any Lender with any undrawn Commitments.

Applicable Lender has the meaning specified in Section 2.03(c).

Applicable Lender means (a) when used with respect to the U.S. Revolving Credit Facility, the U.S. Term Loan Facility, the Canadian Revolving Credit Facility or the Australian Revolving Credit Facility, a Lender that has a Commitment or holds a Loan with respect to such Facility, (b) with respect to any Letter of Credit, (i) the Issuing Banks and (ii) if any L/C Disbursements have been made by an Issuing Bank and not reimbursed or refinanced by Section 2.02(g), the Canadian Lenders, the U.S. Revolving Lenders or the Australian Lenders, as the case may be, and (c) with respect to the U.S. Swing Line Sublimit or the Canadian Swing Line Sublimit, the Applicable Swing Line Lender.

Applicable Lender means each Lender that has executed and delivered to the Agent its signature page to this Amendment prior to 12:00 noon, New York City time, on April 3, 2015 or such later date and time specified by the Parent Guarantor and notified in writing to the Lenders by the Agent (the “Consent Deadline”).

Applicable Lender is defined in Section 2.06(d).