Non-Extending Bank definition

Non-Extending Bank has the meaning set forth in Section 2.09(a) hereof.

Non-Extending Bank has the meaning set forth in Section 2.22(b).

Non-Extending Bank see Section 2.17(b).

Examples of Non-Extending Bank in a sentence

• Notwithstanding anything herein to the contrary, the Commitment of each Non-Extending Bank shall remain in full force and effect until and shall terminate on the Existing Termination Date for such Non-Extending Bank, unless such Non-Extending Bank is replaced prior to the related Anniversary Date by an Additional Commitment Bank as provided in clause (d) above.

• Any Bank that does not so advise the Agent on or before the 30th day following the Notice Date (the “Response Deadline”) shall be deemed to be a Non-Extending Bank.

• It is understood and agreed that the Existing Termination Date of each Non-Extending Bank shall remain unchanged and the repayment of all obligations owed to them pursuant to this Agreement and any related Credit Documents and the termination of their Commitments shall occur on the then Existing Termination Date without giving effect to such extension request.

• In addition, on the Termination Date of each Non-Extending Bank, the Borrower shall prepay any Loans outstanding on such date (and pay any additional amounts required pursuant to Section 2.07 or 2.12) to the extent necessary to keep outstanding Loans ratable with any revised pro rata allocation of the Commitments of the respective Banks effective as of such date.

• Each Bank that determines not to so extend its Termination Date (a “Non-Extending Bank”) shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Notice Date), and any Bank that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a Non-Extending Bank.

More Definitions of Non-Extending Bank

Non-Extending Bank has the meaning set forth in Section 1.04(h).

Non-Extending Bank is defined in Section 2.25(b).

Non-Extending Bank has the meaning specified in Section 2.6.2.

Non-Extending Bank shall have the meaning assigned to such term in Section 2.12(a).

Non-Extending Bank shall have the meaning assigned to that term in Section 2.8(b). “Nonrecourse”, in respect of the Borrower or any Subsidiary and any Securitization Transaction, means that the Borrower, or such Subsidiary, as the case may be, has no obligation in respect of any payment due on such Securitization Transaction other than Permitted Securitization Obligations.

Non-Extending Bank has the meaning set forth in Section 3.04(e).

Non-Extending Bank shall have the meaning set forth in Section 2.16 hereof.