Defaulting Lender
Defaulting Lender. Means any Lender that has, as determined by the Administrative Agent, (a) failed to fund any portion of its Loans or participations in Facility LCs within three Business Days of the date required to be funded by it hereunder, (b) notified the Borrower, the Administrative Agent, the LC Issuer or any Lender in writing that it does not intend to comply with any of its funding obligations under this Agreement or has made a public statement to the effect that it does not intend to comply with its...
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Found in
Penn Virginia Corporation contract
Defaulting Lender. The definition of 'Defaulting Lender' set forth in Section 1.1 of the HGC Credit Agreement, is hereby amended by adding the words 'or a Bail-In Action' immediately following the words 'Debtor Relief Law' in clause (d)(i) thereof.
Defaulting Lender. A Lender that fails to pay its Pro Rata Share of a Payment Amount within five (5) Business Days after notice from Administrative Agent, until such Lender cures such failure as permitted in this Loan Agreement.
Found in
CNL Growth Properties, Inc. contract
Defaulting Lender. Means (a) a Lender that fails to pay its Pro Rata Share of a Payment Amount within five (5) Business Days after notice from Administrative Agent, until such Lender cures such failure as permitted in this Agreement, and (b) a Lender that assigns any of its interest in the Loan in a manner that contradicts the terms for assignment set forth in the Loan Documents.
Defaulting Lender. Or has become the subject of a Bail-in Action
Found in
Six Flags contract
Defaulting Lender. Any Lender that (a) has failed, within three (3) Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or (iii) pay over to any Credit Party any other amount required to be paid by it hereunder; (b) has notified the Borrower or any Credit Party in writing, or has made a public statement, to the effect that it does not intend or expect to comply with any of its funding obligations under this...
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Found in
Oasis Petroleum contract
Defaulting Lender. In Section 1.1 (Definitions) is amended by adding the following after "Debtor Relief Law": "or a Bail-In Action".
Found in
Ring Energy, Inc. contract
Defaulting Lender. Has, or has a direct or indirect parent company that has, become the subject of a Bail-In Action.
Found in
Bristol-Myers Squibb contract
Defaulting Lender. Shall have become the subject of a Bail-in Action.
Found in
TIME WARNER INC. contract
Defaulting Lender. Means any Lender whose acts or failure to act, whether directly or indirectly, cause it to meet any part of the definition of "Lender Default".
All Definitions
Found in
VRIO CORP. contract