Relevant Lenders definition

Relevant Lenders means all of the Lenders other than that Lender which acts as Agent or Lower Saxony Guarantee Agent or whose associated company acts in such capacity.

Relevant Lenders means, (i) for Celestica or a Canadian Designated Subsidiary, the Canadian Lenders, (ii) for a U.S. Designated Subsidiary, the U.S. Lenders and (iii) for a Consent Designated Subsidiary, the Other Jurisdiction Lenders that have agreed to make Advances in the Additional Jurisdiction in which such Consent Designated Subsidiary is domiciled;

Relevant Lenders means, at any time, Lenders the sum of whose Loans outstanding hereunder is more than 45% of the sum of the Loans outstanding hereunder, or if no such Loans are then outstanding hereunder, Lenders whose Commitments are more than 45% of the sum of all Commitments.

Examples of Relevant Lenders in a sentence

• The Credit Loss Event Amount shall be calculated by reference to the Debit and the Credit Loss Event Amount Recovery so recorded by the Relevant Lender in respect of the Relevant Lender's Total Exposure in respect of that Reference Obligation immediately prior to each such Restructuring Credit Event (the "Total Credit Loss Event Amount") so that the Credit Loss Event Amount shall be in the same proportion to the Total Credit Loss Event Amount as the Defaulted Notional Amount bears to the Total Exposure.

• The Forgiven Principal shall be calculated by reference to the aggregate amount (the "Total Principal Forgiven") so forgiven by the Relevant Lender in respect of the Relevant Lender's Total Exposure in respect of that Reference Obligation immediately prior to such Restructuring Credit Event so that the Forgiven Principal shall be in the same proportion to the Total Principal Forgiven as the Defaulted Notional Amount bears to the Total Exposure.

• All decisions of the Majority Lenders shall be final and binding on all Relevant Lenders.

• For the avoidance of doubt, nothing in this clause shall restrict the right of Relevant Lenders to adjust or appropriate any margin monies, fixed deposits, cash collateral, bank guarantee/stand by letter of credit provided by any bank or financial institution, towards its Facility.

• Each of the Relevant Lenders appoint the Lead Lender to act as its agent under and in connection with the formulation and implementation of any Resolution Plan in the manner contemplated in this Agreement.

More Definitions of Relevant Lenders

Relevant Lenders shall have the meaning provided in Section 11.13(b).

Relevant Lenders means, for Celestica and any Canadian Designated Subsidiary, the Canadian Lenders, for any U.S. Designated Subsidiary, the U.S. Lenders, for any U.K. Designated Subsidiary, the U.K. Lenders and for any Consent Designated Subsidiary, the Consent Lenders;

Relevant Lenders in relation to any Borrowing means the Lender or Lenders that made, are deemed to have made or are to make (as the context requires) that Borrowing available under this Agreement.

Relevant Lenders means, in respect of each Credit Facility, the Lenders which hold an Individual Commitment in such Credit Facility.

Relevant Lenders has the meaning given to it in Clause 9.1 (Initial Conditions Precedent).

Relevant Lenders has the meaning set forth in Section 7.3(b).

Relevant Lenders has the meaning given to it in Clause 4.1 (Initial Conditions Precedent).