Fronting Lenders definition

Fronting Lenders means, collectively, the Lenders listed on Schedule 2.2, and each successor or additional Fronting Lender hereunder, and “Fronting Lender” means any one of the Fronting Lenders.

Fronting Lenders means, initially, RBC and The Toronto-Dominion Bank, each in such capacity or such other Working Capital Facility Lenders as may be selected by the Agent and the Principal Borrower and which agrees with the Principal Borrower in writing to issue Letters of Credit hereunder, and provided further that, with respect to particular usage herein and if the context requires, “Fronting Lender” shall mean the Working Capital Facility Lender which has issued the Letter of Credit in question.

Fronting Lenders means, collectively, the Canadian Fronting Lender(s) and the U.S. Fronting Lender(s); and “Fronting Lender” means any one of them as the context requires.

Examples of Fronting Lenders in a sentence

• Notwithstanding any other provision of the Documents to the contrary, the Operating Lenders, the Fronting Lenders, the Agent and the Lenders shall not be liable to any of the Borrowers for any consequential, indirect, punitive or exemplary damages with respect to action taken or omitted to be taken by any of them under or in respect of any Letter of Credit.

• This Agreement shall enure to the benefit of and be binding upon the Borrowers, the Lenders, the Fronting Lenders, the Agent and their respective successors and permitted assigns.

• The sole obligation of the Operating Lenders, the Fronting Lenders, and the Agent and the Lenders with respect to Letters of Credit is to cause to be paid a Draft drawn or purporting to be drawn in accordance with the terms of the applicable Letter of Credit and for such purpose the relevant 77 Operating Lender, the relevant Fronting Lender, or Agent, as the case may be, is only obliged to determine that the Draft purports to comply with the terms and conditions of the relevant Letter of Credit.

More Definitions of Fronting Lenders

Fronting Lenders means, each to a maximum of its respective Individual Fronting Limit, initially, The Bank of Nova Scotia and The Toronto-Dominion Bank, each in such capacity or such other Lenders agreed to by the Canadian Borrower and which are acceptable to the Agent, acting reasonably, and that assume in writing with the Canadian Borrower, the Agent and the Lenders, the obligations of a Fronting Lender hereunder, and provided further that, with respect to particular usage herein and if the context requires, "Fronting Lender" shall mean the Lender which has issued the Fronted LCs in question.

Fronting Lenders has the meaning set forth in Section 4.03.

Fronting Lenders means each of the Lenders listed on Schedule 2.2 and each successor or additional Fronting Lender hereunder, and “Fronting Lender” means any one of the Fronting Lenders.

Fronting Lenders means: (a) as at the date hereof, Royal Bank of Canada, The Toronto-Dominion Bank, The Bank of Nova Scotia and National Bank of Canada, and (b) such other Lenders as may be selected by the Agent and the Borrower, with the concurrence of such other Lenders, which assume in writing with the Borrower and the Agent the obligations of issuing Letters of Credit on behalf of the Lenders under the Credit Facility to the extent of such Lender's Fronted LC Commitment, and "Fronting Lender" means any one of them as the context requires;

Fronting Lenders means (a) prior to the Initial Maturity Date, each of the Lenders listed on Schedule 2.2-1, and (b) on and after the Initial Maturity Date, each of the Lenders listed on Schedule 2.2-2, and, in each case, each successor or additional Fronting Lender hereunder, and “Fronting Lender” means any one of the Fronting Lenders. Global Senior Credit Agreement

Fronting Lenders means RBC, CS and Xxxxx Fargo Bank, N.A. (and, in relation to the Existing Letters of Credit only, The Toronto-Dominion Bank and HSBC Bank Canada) or such other Lenders as may be selected by the Agent and the Borrower, with the concurrence of such other Lenders, which assume in writing with the Borrower and the Agent the obligations of issuing Letters of Credit on behalf of the Lenders under the Credit Facility to the extent of such Lender’s Fronted LC Commitment, and “Fronting Lender” means any one of them as the context requires;

Fronting Lenders means RBC, CS, Xxxxx Fargo Bank, N.A. and The Bank of Nova Scotia or such other Lenders as may be selected by the Agent and the Borrower, with the concurrence of such other Lenders, which assume in writing with the Borrower and the Agent the obligations of issuing Letters of Credit on behalf of the Lenders under the Credit Facility to the extent of such Lender's Fronted LC Commitment, and "Fronting Lender" means any one of them as the context requires;