The Lenders Sample Clauses
The "THE LENDERS" clause defines who the lenders are in a financial agreement, typically listing the parties or institutions providing the loan or credit facility. It may specify their names, roles, and the proportions of the loan each is responsible for, and can also address how new lenders may be added or existing ones replaced. This clause ensures clarity regarding the parties involved in the lending arrangement, which is essential for determining rights, obligations, and the flow of funds.
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The Lenders. 17.2.1 Each of the Lenders is entitled at its exclusive discretion, to transfer its rights under the Credit Documents, in whole or in part, to Financial Institutions in Israel (a "Transferee"), on condition that the Transferee, as aforesaid, is subject to all components of the Credit (Loan A/Loan B/ Loan C and the Outstanding Renewed Amount) and the remaining cumulative unsettled balances of all credit (plus any Outstanding Renewed Amount or any of the Revised Outstanding Renewed Amount, as the case may be) immediately after the implementation of the transfer, both with the Transferor and the Transferee shall not fall below 12.5% of the balance of Cumulative unsettled balance of all the Credits plus the total unused amount of Credit C with each of the Lenders, as it will be at that time. The Borrower and the other Lenders will take all actions and sign all documents required to bring the transfer transaction as aforesaid into effect or to refine it, to release the transferring Lender from its transferred obligations and to transfer them to the Transferee or to bestow the transferred rights on the Transferee. It is hereby agreed that in any event where the Transferee is not a banking corporation in Israel, the Lenders will be entitled to implement the transfer transaction as aforesaid only after receiving the Borrower's prior written consent. For the purpose of this Section 17.2, "transfer" - the transfer of rights or obligations by a sale, check, endorsement, transfer or lien in any way whatsoever, either in whole or in part, either directly or indirectly (including by way of a sale of rights to participate in the above rights (participations) or in any other manner). The transfer can be made to one Transferee or to a number of Transferees, on the same date or from time to time. The transfer as aforesaid in this Section 17.2.1 above, shall not be implemented unless a prior written notice has been issued to the Borrower not less than 3 Business Days in advance and the Transferee has accepted the transferor's obligations under this Agreement.
17.2.2 A Lender will be entitled, at any time, to reveal Information, (as defined hereunder) regarding a transfer transaction to any person or entity that corresponds to the definition of a "Transferee" when the Lender is conducting or is likely to be conducting with it, negotiations to implement a transfer transaction. Furthermore, such Lender will be entitled to reveal Information to anyone advising him and/or anyone ...
The Lenders. (as defined in the Original Revolving Facility Agreement); and
The Lenders. This Section sets forth the relative rights and duties of Agent and Lenders respecting the Loan and, with the exception of Paragraphs 9.3 and 9.15 hereof, does not confer any enforceable rights on Borrowers against Lenders or create on the part of Lenders any duties or obligations to Borrowers.
The Lenders. Lenders who are individuals to execute in the presence of a witness as follows:
The Lenders. (i) shall act reasonably and without undue delay in giving their confirmation under paragraph (a) above; and
(ii) in the event they decline to give such confirmation, shall promptly provide the Borrower with written reasons for the same.
The Lenders. The Lenders may assign or grant participations in all or any part of their rights under this Deed and make disclosures in accordance with the provisions of clause 22 of the Loan Agreement but as if references therein to the Borrower were references to the Sponsors, the Subordinated Lenders or the Borrower (as the case may be).
The Lenders. 7.2.1. The Lender is eligible to investigate the Borrower’s operations and the usage of the loan.
7.2.2. The Lender is eligible to claim for the balance of balance when the guarantee is not adequate to compensate the loan payment the Borrower was not able to repay.
The Lenders. SIGNED by ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇ ) ) for and on behalf of ) DEKABANK DEUTSCHE ) /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ GIROZENTRALE ) /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ SIGNED by ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇ ) ) for and on behalf of ) DEKABANK DEUTSCHE ) /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ GIROZENTRALE ) /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ SIGNED by ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇ ) ) for and on behalf of ) /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ DEKABANK DEUTSCHE ) /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ GIROZENTRALE ) SIGNED by ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇ ) ) for and on behalf of ) /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ DEKABANK DEUTSCHE ) /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ GIROZENTRALE )
The Lenders. ROYAL BANK OF CANADA, as a Lender, an L/C Issuer and Swing Line Lender By: /s/ D.W. S▇▇▇▇ ▇▇▇▇▇▇▇ Name: D.W. S▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Signatory JPMORGAN CHASE BANK, N.A., as a Lender By: /s/ A▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Name: A▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Title: Vice President W▇▇▇▇ Fargo Bank, National Association, as a Lender By: /s/ P▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: P▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President
The Lenders authorize (i) the Administrative Agent to enter into the Intercreditor Agreement on behalf of the Lenders (including on behalf of any Lender or any Affiliate thereof as a Cash Management Bank or as a holder of Hedging Obligations (as defined in the Intercreditor Agreement)) and to execute and deliver such documents as may reasonably be required or appropriate in connection therewith and (ii) Bank of America to act as Collateral Agent on behalf of the Lenders and various other creditors under the Intercreditor Agreement;