Non-Qualifying Party means any Borrower or any Guarantor that on the Eligibility Date fails for any reason to qualify as an Eligible Contract Participant.
Non-Qualifying Party means any Loan Party that fails for any reason to qualify as an Eligible Contract Participant on the Effective Date of the applicable Swap.
Non-Qualifying Party means any Loan Party that on the Eligibility Date fails for any reason to qualify as an Eligible Contract Participant.
Examples of Non-Qualifying Party in a sentence
No such transfer, sublease, or assignment shall be made to a Non-Qualifying Party.
Non-Qualifying Party shall mean any Loan Party that fails for any reason to qualify as an Eligible Contract Participant on the effective date of the applicable Swap.
Non-Qualifying Party shall mean any Loan Party that fails for any reason to qualify as an Eligible Contract Participant on the Effective Date of the applicable Swap.
Non-Qualifying Party shall mean any Person that on the Eligibility Date fails for any reason to qualify as an Eligible Contract Participant.
More Definitions of Non-Qualifying Party
Non-Qualifying Party means any Loan Party that fails for any reason to qualify as an Eligible Contract Participant on the effective date of the applicable Swap.
Non-Qualifying Party means any Borrower that on the Eligibility Date fails for any reason to qualify as an Eligible Contract Participant.
Non-Qualifying Party means any Credit Party that fails for any reason to qualify as an Eligible Contract Participant.
Non-Qualifying Party means any Loan Party that fails for any reason to qualify as an Eligible Contract Participant on the Effective Date of the applicable Swap. Notes shall mean, collectively, the promissory notes in the form of Exhibit 1.1(N)(1) evidencing the Revolving Credit Loans and in the form of Exhibit 1.1(N)(2) evidencing the Swing Loan. Notices shall have the meaning assigned to that term in Section 11.6 [Notices; Effectiveness; Electronic Communications]. NYFRB shall mean the Federal Reserve Bank of New York. Obligation shall mean any obligation or liability of any of the Loan Parties to the Administrative Agent or any of the Lenders, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing, or due or to become due, under or in connection with (i) this Agreement, the Notes, the Administrative Agent’s Letter or any other Loan Document whether to the Administrative Agent, any of the Lenders or their Affiliates or other Persons provided for under such Loan Documents and (ii) any Lender Provided Interest Rate Hedge. Notwithstanding anything to the contrary contained in the foregoing, the Obligations shall not include any Excluded Hedge Liabilities.
Non-Qualifying Party means any Loan Party that fails for any reason to qualify as an Eligible Contract Participant on the effective date of the applicable Swap. Non-US Loan Party has the meaning assigned to that term in Section 12.13.4 [Bifurcation of Obligations]. Notes means, collectively, the promissory notes in substantially the form of Exhibit 1.1(N)(1) evidencing the Revolving Credit Loans, in substantially the form of Exhibit 1.1(N)(2) evidencing the Swing Loan, and in substantially the form of Exhibit 1.1(N)(3) evidencing the Term Loans and substantially in the form of Exhibit 1.1(N)(4) evidencing the Delayed Draw Term Loans.
Non-Qualifying Party means any Credit Party that fails for any reason to qualify as an Eligible Contract Participant. “Note” shall mean collectively, the Swing Loan Note and the Revolving Credit Note.
Non-Qualifying Party means Borrower or any Guarantor that on the Eligibility Date fails for any reason to qualify as an Eligible Contract Participant.