Applicable Borrower definition

Applicable Borrower means, with respect to any Loan or other amount owing hereunder or any matter pertaining to such Loan or other amount, whichever of the Borrowers is the primary obligor on such Loan or other amount.
Applicable Borrower means, with respect to any Loan or other amount owing hereunder or any matter pertaining to such Loan or other amount, whichever of the Borrowers is the primary obligor on such Loan or other amount and, with respect to any Letter of Credit, whichever of the Borrowers is the account party with respect thereto.
Applicable Borrower means (a) the US Borrower, with respect to the US Facility, and (b) the Canadian Borrower, with respect to the Canadian Facility.

Examples of Applicable Borrower in a sentence

  • Moneys in such account shall (i) automatically be applied by the Applicable Administrative Agent to reimburse the Applicable Issuing Bank for L/C Disbursements for which it has not been reimbursed, (ii) be held for the satisfaction of the reimbursement obligations of the Applicable Borrower for the U.S. L/C Exposure, the Canadian L/C Exposure or the Australian L/C Exposure, as applicable, at such time and (iii) if the maturity of the Loans has been accelerated, be applied to satisfy the Obligations.

  • A certificate of any Lender setting forth any amount or amounts which such Lender is entitled to receive pursuant to this Section 2.15 shall be delivered to the Applicable Borrower and the Applicable Administrative Agent and shall be conclusive absent manifest error.

  • At the time such removal or resignation shall become effective, the Applicable Borrower shall pay all accrued and unpaid Issuing Bank Fees pursuant to Section 2.05(c).

  • The Applicable Swing Line Lender or the Applicable Borrower, as applicable, shall furnish to the other a copy of the applicable Borrowing Request promptly after delivering such notice to the Applicable Administrative Agent.

  • Otherwise, in order to request a Swing Line Borrowing, the Applicable Borrower shall hand deliver, fax or send by electronic communication (e-mail) (or by telephone notice promptly confirmed by a written, fax or electronic communication (e-mail)) to the Applicable Swing Line Lender and the Applicable Administrative Agent a duly completed Borrowing Request not later than 2:00 p.m. (Standard Time) on the day of the proposed Swing Line Borrowing.


More Definitions of Applicable Borrower

Applicable Borrower means any Revolving Borrower or any Subsidiary Swingline Borrower, as applicable, which is the Borrower to whom such Credit Extension was, or is to be, made.
Applicable Borrower means, with respect to any Loan, either U.S. Borrower, the Canadian Borrower or the U.K. Borrower, as applicable, which is the Borrower to whom such Loan was, or is to be, made.
Applicable Borrower means (a) the U.S. Borrower, with respect to the U.S. Revolving Credit Facility or the U.S. Term Loan Facility, (b) either the Canadian Parent or Civeo Premium, with respect to the Canadian Revolving Credit Facility and (c) the Australian Borrower, with respect to the Australian Revolving Credit Facility.
Applicable Borrower means, with respect to any Credit Extension, the Borrower with respect to such Credit Extension.
Applicable Borrower means (a) any Domestic Borrower, in the case of Domestic Loans and Letters of Credit and (b) McKesson Canada, in the case of Canadian Loans and Bankers’ Acceptances.
Applicable Borrower means, with respect to any Loan or any other amount payable hereunder or any Letter of Credit, the Borrower that is the primary obligor on such Loan or other amount or that is the account party with respect to such Letter of Credit.