Applicable Administrative Borrower definition

Applicable Administrative Borrower means the Administrative Borrower and/or the European Administrative Borrower, as the context may require.
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Applicable Administrative Borrower means (i) with respect to the U.S. Subfacility, the Lead Borrower and (ii) with respect to the RoW Subfacility, the UK Lead Borrower.
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Applicable Administrative Borrower means the Lead Borrower.
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Examples of Applicable Administrative Borrower in a sentence

  • The Applicable Administrative Borrower shall be entitled to review records of such accounts with prior reasonable notice during normal business hours.

  • The Applicable Administrative Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.

  • Each of the Lead Borrower and each Applicable Administrative Borrower hereby accepts such appointment.

  • The Administrative Agent and the Lenders shall be entitled to rely upon, and shall be fully protected in relying upon, any notice or communication (including any Notice of Borrowing) delivered by the Lead Borrower on behalf of any Borrower, and any Notice of Borrowing, request for a Letter of Credit or designation of interest rate by any Applicable Administrative Borrower on behalf of the Borrowers of its Subfacility.

  • Each Borrower agrees that any notice, election, communication, representation, agreement or undertaking made on its behalf by the Lead Borrower or, in the case of any Notice of Borrowing, request for a Letter of Credit or designation of interest rate, the Applicable Administrative Borrower for its Subfacility shall be binding upon and enforceable against it.

  • Each such telephonic Notice of Conversion/Continuation shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Notice of Conversion/Continuation substantially in the form of Exhibit A-3, unless otherwise agreed to by the Administrative Agent and the Applicable Administrative Borrower.

  • If no Interest Period is specified with respect to any requested Borrowing of Term SOFR Loans or Alternative Currency Term Rate Loans, then the Applicable Administrative Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • If no Interest Period is specified with respect to any requested Borrowing of LIBO RateTerm SOFR Loans or Alternative Currency Term Rate Loans, then the Applicable Administrative Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • If no Interest Period is specified with respect to any requested Borrowing of LIBO Rate Loans or Alternative Currency Term Rate Loans, then the Applicable Administrative Borrower shall be deemed to have selected an Interest Period of one month’s duration.