Supplemental Credit Lender definition

Supplemental Credit Lender and "Supplemental Credit Lenders" shall include the Agent in its individual capacity.
Sample 1Sample 2Sample 3
Supplemental Credit Lender means any of the Persons identified as a -------------------------- "Supplemental Credit Lender" on the signature pages to the Supplemental Credit Agreement, and any Person which may become a Supplemental Credit Lender by way of assignment in accordance with the terms of the Supplemental Credit Agreement, together with their successors and permitted assigns.
Sample 1

Examples of Supplemental Credit Lender in a sentence

  • Each Supplemental Credit Lender understands and agrees that if such Supplemental Credit Lender is a Defaulting Lender then it shall not be entitled to vote on any matter requiring the consent of the Required Lenders or to object to any matter requiring the consent of all the Lenders; provided, however, that all other benefits and obligations under the Supplemental Credit Documents shall apply to such Defaulting Lender.

  • Each determination by any such Supplemental Credit Lender of amounts owing under this Section shall, absent manifest error, be conclusive and binding on the parties hereto.

  • The Register shall be available for inspection by the Borrower or any Supplemental Credit Lender at any reasonable time and from time to time upon reasonable prior notice.

  • Each Guarantor waives any and all notice of the creation, renewal, extension or accrual of any of the Credit Party Obligations and notice of or proof of reliance by the Agent or any Supplemental Credit Lender upon this Guarantee or acceptance of this Guarantee.

  • The rights and remedies provided herein are cumulative and not exclusive of any rights or remedies which the Agent or any Supplemental Credit Lender would otherwise have.

  • If no successor Agent shall have been so appointed by the Required Lenders, and shall have accepted such appointment, within 45 days after the notice of resignation, then the retiring Agent shall select a successor Agent provided such successor is a Supplemental Credit Lender hereunder or a commercial bank organized under the laws of the United States of America or of any State thereof and has a combined capital and surplus of at least $400,000,000.

  • The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default hereunder unless the Agent has received notice from a Supplemental Credit Lender or a Credit Party referring to the Supplemental Credit Documents, describing such Default or Event of Default and stating that such notice is a "notice of default." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

  • Each Supplemental Credit Lender expressly acknowledges that neither the Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates has made any representations or warranties to it and that no act by the Agent or any affiliate thereof hereinafter taken, including any review of the affairs of any Credit Party, shall be deemed to constitute any representation or warranty by the Agent to any Supplemental Credit Lender.

  • Subject to Section 4.7 below, each of the Guarantors hereby, jointly and severally, unconditionally guarantees to each Supplemental Credit Lender, each Affiliate of Supplemental Credit Lender that enters into a Hedging Agreement and the Agent the prompt payment of the Credit Party Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration or otherwise).

  • Notwithstanding the fact that enforcement powers reside primarily with the Agent, each Supplemental Credit Lender has a separate right of payment and shall be considered a separate "creditor" holding a separate "claim" within the meaning of Section 101(5) of the Bankruptcy Code or any other insolvency statute.

Related to Supplemental Credit Lender

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • New Revolving Lender as defined in Section 2.24.

  • Majority Revolving Credit Lenders means Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • L/C Lender a Lender with an L/C Commitment.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Conduit Lender any special purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made by such Lender and designated by such Lender in a written instrument; provided, that the designation by any Lender of a Conduit Lender shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its Conduit Lender fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall have the sole right and responsibility to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender, and provided, further, that no Conduit Lender shall (a) be entitled to receive any greater amount pursuant to Section 2.18, 2.19, 2.20 or 10.5 than the designating Lender would have been entitled to receive in respect of the extensions of credit made by such Conduit Lender or (b) be deemed to have any Commitment.