Common use of Designated Borrower Clause in Contracts

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 10 contracts

Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)

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Designated Borrower. If Other than with respect to any credit Extension of the Term Loan, if the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 2.18 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Movado Group Inc), Credit Agreement (Movado Group Inc)

Designated Borrower. (i) If the applicable Borrower is a Designated Borrower, then (A) the conditions of Section 2.16 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative AgentAgent and (B) such Borrower shall be a direct or indirectly Wholly-Owned Subsidiary of the Company on such date of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Copart Inc)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 3.21 to the designation of such Borrower as a Designated Borrower shall have been met to the reasonable satisfaction of the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Nucor Corp)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 2.15 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Fabrinet)

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Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of set forth in Section 2.16 to for the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.. Exhibit 10.1

Appears in 1 contract

Samples: Credit Agreement (Meet Group, Inc.)

Designated Borrower. If Other than with respect to any credit Extension of the Term Loan, if the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.. (e)

Appears in 1 contract

Samples: Credit Agreement (Morningstar, Inc.)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.. (d)

Appears in 1 contract

Samples: Credit Agreement (Harmonic Inc)

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