Additional Revolving Borrower definition

Additional Revolving Borrower means any Revolving Borrower that becomes a Borrower hereunder after the Closing Date pursuant to Section 2.21 hereof.

Additional Revolving Borrower means any one of them.

Additional Revolving Borrower shall have the meaning provided in Section 1.13(a).

Examples of Additional Revolving Borrower in a sentence

• Instead, we rely on suspension to RAM, which allows to suspend and resume the activity of a machine at a low cost (about four seconds on the average for resuming a machine) while saving as much energy as if it were turned off (Talebi and Way, 2009).

• Notwithstanding the term “Additional Revolving Borrower”, which is used for convenience only, under no circumstance shall any Additional Revolving Borrower in its capacity as such be deemed to be jointly and severally liable for the Obligations of any other Loan Party under any Loan Document.

• All capitalized terms used in this Notice of Designation of Additional Revolving Borrower and Applicable Currency and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement.

• Subject to the terms and conditions of this Section 2.21, the Company may, at any time or from time to time on or after the Closing Date, upon not less than 5 Business Days’ notice (or such shorter period which is reasonably acceptable to the Administrative Agent) to the Administrative Agent (which shall promptly notify the Lenders thereof), request the designation of a wholly-owned Subsidiary as an Additional Revolving Borrower hereunder.

• Xxxxxx Title: Managing Director B COOPERVISION MANUFACTURING COSTA RICA, S.R.L., as an Additional Revolving Borrower By:___________/s/ Xxxxxx X.

• Xxxxxx Title: Manager COOPERSURGICAL NETHERLANDS B.V., as an Additional Revolving Borrower By:___________/s/ Xxxxxx X.

• Notwithstanding anything in this Agreement or any other Loan Document to the contrary, the Obligations of (x) CooperVision International hereunder and (y) each Additional Revolving Borrower, in each case, shall be several (and not joint) and each of CooperVision International and each Additional Revolving Borrower shall only be liable for any Loans and any other Obligations incurred directly by it and shall not be liable for any of the Obligations of the Company or any other Loan Party hereunder.

• Each Additional Revolving Borrower hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement and this Agreement and consents hereto.

• Section 1.01 of the Credit Agreement is hereby amended to amend and restate the definition of “Revolving Borrowers” in its entirety as follows: “Revolving Borrowers” means, collectively, (a) the Company, (b) CooperVision International, (c) Xxxxxx Netherlands, (d) Xxxxxx Costa Rica and (e) any other Additional Revolving Borrower, and “Revolving Borrower” means each of them individually.

• Notwithstanding anything in this Agreement or any other Loan Document to the contrary, the Obligations of (x) Xxxxxx UK hereunder and (y) each Additional Revolving Borrower hereunder, in each case, shall be several (and not joint) and Xxxxxx UK and each Additional Revolving Borrower shall only be liable for any Loans and any other Obligations incurred directly by it and shall not be liable for any of the Obligations of the Company or any other Loan Party hereunder.

More Definitions of Additional Revolving Borrower

Additional Revolving Borrower means any Revolving Borrower that becomes a Borrower hereunder on or after the Amendment No. 1 Effective Date pursuant to Section 2.21 hereof. “Additional Revolving Borrower Joinder Agreement” means a joinder to this Agreement executed pursuant to Section 2.21 hereof in a form reasonably acceptable to the Administrative Agent and executed by the Administrative Agent, the Company and the Additional Revolving Borrower(s) becoming a party to this Agreement. “Amendment No. 1” means Joinder and Amendment No. 1 to Revolving Credit and Term Loan Agreement among the Borrowers, the Administrative Agent and the Lenders party thereto dated as of the Amendment No. 1

Additional Revolving Borrower each Subsidiary of Mid-Holdings set forth on the signature pages hereto as an Additional Revolving Borrower and any Person that is added as an additional Borrower hereunder with respect to the Revolving Credit Facilities in accordance with the provisions set forth in Section 10.1.