Applicable Borrowers or “applicable Loan Parties” means (i) with respect to any Loan to the Canadian Borrower, Letter of Credit issued for the account of the Canadian Borrower or other amounts directly attributable to the Canadian Loan Parties, the Canadian Borrower or the Canadian Loan Parties, respectively and (ii) with respect to any other amount required to be paid hereunder, the U.S. Borrowers, jointly and severally.
Applicable Borrowers means (i) with respect to all matters involving the US Facility, the US Facility Borrower, (ii) with respect to all matters involving the UK Facility, the UK Facility Borrowers, (iii) with respect to all matters involving the Canadian Facility, the Canadian Facility Borrower, and (iv) with respect to all matters involving the Australian Facility, the Australian Facility Borrowers.
Applicable Borrowers means (a) with respect to the Commitments (including any Revolving Loans and/or the Letters of Credit made (or to be made) or issued (or to be issued) thereunder), the Company and each Domestic Subsidiary designated to be a Subsidiary Borrower for such purpose pursuant to Section 2.05 (so long as such Subsidiary shall remain a Subsidiary Borrower hereunder) and (b) with respect to Section 2.04 (including the right to request Competitive Bids and to borrow Competitive Loans hereunder), the Company and each Subsidiary designated to be a Subsidiary Borrower for such purpose pursuant to Section 2.05 (so long as such Subsidiary shall remain a Subsidiary Borrower hereunder). References herein to “the Applicable Borrower” shall refer to each particular Applicable Borrower under clause (a) or (b) above which is (or shall be) the Borrower in respect of the relevant Loans or Letters of Credit.
Examples of Applicable Borrowers in a sentence
Each Initial Loan Request shall be in the form specified by Lender from time to time and shall set forth the information required to be set forth therein in accordance with the TALF Standing Loan Facility Procedures, on an aggregate basis for all Applicable Borrowers.
Each Primary Dealer consents to the foregoing and agrees to promptly (and in any event within one Business Day of receipt thereof) provide to Lender any such notices or communications that it receives from its Applicable Borrowers.
Each Primary Dealer acknowledges its obligation to comply with any tax withholding and reporting obligations that may be applicable to its activities hereunder (including in respect of payments to be made by it to its Applicable Borrowers) pursuant to applicable law.
Each TALF Agent consents to the foregoing and agrees to promptly (and in any event within one Business Day of receipt thereof) provide to Lender any such notices or communications that it receives from its Applicable Borrowers.
Each TALF Agent acknowledges its obligation to comply with any tax withholding and reporting obligations that may be applicable to its activities hereunder (including in respect of payments to be made by it to its Applicable Borrowers) pursuant to applicable law.
More Definitions of Applicable Borrowers
Applicable Borrowers means (a) with respect to matters relating to US Revolving Loans and Letters of Credit issued for the benefit of the US Borrowers and other matters relating to the US Credit Agreement, the US Borrowers, and (b) with respect to matters relating to UK Revolving Loans and Letters of Credit issued for the benefit of the UK Borrowers and other matters relating to the UK Credit Agreement, the UK Borrowers.
Applicable Borrowers means (i) with respect to all matters involving the US Facility, the US Facility Borrowers, and (ii) with respect to all matters involving the Offshore Facility, the Offshore Facility Borrowers.
Applicable Borrowers means U.S. Borrowers and/or the Canadian Borrower, as the context requires.
Applicable Borrowers means, with respect to any Borrowing, Credit Facility or any other obligation hereunder or any matter pertaining or relating to such Borrowing, Credit Facility or other obligation, the Borrowers that are permitted to borrower under such Borrowing or Credit Facility or are otherwise the primary obligors with respect to such other obligation, and “Applicable Borrower” means any one of such Borrowers (15) (14) “Applicable Law” means (a) any domestic or foreign statute, law (including common and civil law), treaty, code, ordinance, rule, regulation, restriction or by-law (zoning or otherwise); (b) any judgment, order, writ, injunction, decision, ruling, decree or award; (c) any regulatory policy, practice, guideline or directive; or (d) any franchise, licence, qualification, authorization, consent, exemption, waiver, right, permit or other approval of any Governmental Authority, binding on or affecting the Person referred to in the context in which the term is used or binding on or affecting the property of such Person, in each case whether or not having the force of law. (16) (15) “Applicable Margin” shall have the meaning given to it in Section 4.3. (17) (16) “Applicable Percentage” means for any Lender the percentage of each Credit Facility set forth opposite each Lender’s name in Schedule 1.1(1617) . If any Credit Facility has terminated or expired, the Applicable Percentages shall be the percentage of the total outstanding Loans represented by such Xxxxxx’s Loans for such Facility. (18) (17) “Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. (19) (18) “Assignment and Assumption” means an assignment and assumption entered into by a Xxxxxx and an Eligible Assignee and accepted by the Administrative Agent, in substantially the form of Schedule 1.1(1819) or any other form approved by the Administrative Agent. (20) (19) “Associate” has the meaning given to it in the Canada Business Corporations Act. (21) (20) “Bankruptcy Event” means, with respect to any Person, such Person files a petition or application seeking relief under any Insolvency Law or becomes the subject of a bankruptcy or insolvency proceeding, or has had an interim receiver, receiver, receiver and manager, liquidator, sequestrator, conservator, trustee, administrator, custodian, assignee for the benefit of creditors or similar Person charged with reorganiz...
Applicable Borrowers means the Borrower or Borrowers, as applicable, under any Applicable Working Capital Sublimit.
Applicable Borrowers means, individually or collectively as the context requires, (a) with respect to US Revolving Loans, US Swing Loans, US Letters of Credit, US Protective Advances, the Delayed Draw Term Loan and the US Term Loan, US Borrowers and (b) with respect to Canadian Revolving Loans, Canadian Swing Loans, Canadian Letters of Credit, Canadian Protective Advances and the Canadian Term Loan, Canadian Borrowers.
Applicable Borrowers or “applicable Loan Parties” means with respect to any amount required to be paid hereunder, the Borrowers, jointly and severally.