Examples of Electing Lender in a sentence

If the Defaulting Lender fails to pay the Defaulting Lender Payment Amount within the Election Period, the Electing Lender or Lenders, as applicable, shall be automatically obligated to fund the Defaulting Lender Amount (and Defaulting Lender shall no longer be entitled to fund such Defaulting Lender Amount) within three (3) Business Days following the expiration of the Election Period to reimburse Administrative Agent or make payment to Borrower, as applicable.
SnydermanDuke University, Durham, NCChancellor for Health Affairs; President and ceo of Duke Uni- versity Health System; James B.
If each of the GSSIF Senior Lender and the NT Senior Lender timely gives a Buy-Out Election Notice, then the GSSIF Senior Lender shall be deemed to be the Electing Lender.
The Loan Sale Closing Date shall take place on a date chosen by the Electing Lender by notice given to the Selling Lender which date shall be no later than thirty (30) days after the date on which the Buy-Out Election Notice is given.
Amounts payable to a Defaulting Lender shall be paid by Administrative Agent to reimburse Administrative Agent and any Electing Lender pro rata for all Defaulting Lender Payment Amounts.

More Definitions of Electing Lender

Electing Lender shall have the meaning set forth in Section 2.1.7(d).

Electing Lender has the meaning set forth in Section 2.08(d)(iii).

Electing Lender. Election Notice"; "Election Period" -- Have the respective meanings specified in Section 7.16.

Electing Lender. Election Notice" and "Election Period" have the respective meanings specified in Section 10.18.

Electing Lender has the meaning set forth in Section 1.15.1 of this Agreement.

Electing Lender means a Non-Defaulting Lender who delivers an Election Notice.

Electing Lender has the meaning given such term in Section 2.2.3.2 of the Credit Agreement.