Non-Defaulting Agent

Example Definitions of "Non-Defaulting Agent"
Non-Defaulting Agent. With respect to the MUFG Agent, on the one hand, or the WF Agent, on the other hand, at any time when a Defaulting Lender Group exists, the one that is not a member of such Defaulting Lender Group so long as it is not also a member of a Defaulting Lender Group
Found in Hercules Capital, Inc. contract
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