Additional Borrower definition

Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

Additional Borrower means a member of the Group which becomes a Borrower after the date of this Agreement.

Additional Borrower means any Additional Credit Party that incurs or issues Additional Indebtedness under any Additional Credit Facility, together with its successors and assigns.

Examples of Additional Borrower in a sentence

• Notwithstanding any withdrawal by an Additional Borrower or Qualified Borrower, such Additional Borrower or Qualified Borrower shall remain liable for any amounts due to the Secured Parties pursuant to Sections 4 and 12.5 hereof from such Additional Borrower or Qualified Borrower, which provisions shall survive any withdrawal by an Additional Borrower or Qualified Borrower and the termination of this Credit Agreement.

• Upon satisfaction of such requirements, the Additional Borrower shall be a “Borrower” hereunder and will have the right to request Term Loans, Revolving Loans or Letters of Credit, as the case may be, in each case of the applicable Class, in accordance with ‎Article 2 hereof until the earlier to occur of the applicable Maturity Date or the date on which such Additional Borrower resigns as an Additional Borrower in accordance with clause ‎(b) below.

More Definitions of Additional Borrower

Additional Borrower has the meaning specified in Section 2.14(a).

Additional Borrower means any Additional Credit Party that incurs or issues Additional Indebtedness, together with its successors and assigns.

Additional Borrower means any member of the Restricted Group which becomes an additional borrower pursuant to Clause 26.6 (Additional Borrowers) and which has not been released as a borrower in accordance with Clause 26.7 (Removal of Borrowers).

Additional Borrower as defined in Section 11.19.

Additional Borrower means any Wholly Owned Restricted Subsidiary incorporated under the laws of the United States, any state thereof or the District of Columbia that becomes a Borrower after the Closing Date pursuant to Section 2.23.

Additional Borrower means any Person who shall from time to time become a party to this Agreement as a “Borrower” hereunder upon the execution and delivery of an Additional Borrower Agreement.

Additional Borrower means a company which becomes a Borrower in accordance with Clause 28 (Changes to the Obligors).