Applicable Obligor definition

Applicable Obligor means (i) with respect to any Agency Receivable, the related Agency Obligor and (ii) with respect to any other Receivable, the related Advertiser Obligor.
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Applicable Obligor means any Person obligated to make a payment to a Borrower Party which, when paid, qualifies or would qualify as a Collection.
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Applicable Obligor with respect to any Purchased Receivable, the Obligor of such Purchased Receivable.
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Examples of Applicable Obligor in a sentence

  • Evidence that any process agent specified in such Transaction Security Document has accepted its appointment in relation to the Applicable Obligor.

  • A certificate of an authorised signatory of the Applicable Obligor certifying that each copy document listed in this Part III of this Schedule 2 is correct, complete and in full force and effect and has not been amended or superseded as at a date no earlier than the date of such Transaction Security Document.

  • If applicable, a copy of a resolution of the board of directors of the Applicable Obligor, establishing the committee referred to in paragraph 3 above.

  • A copy of all share certificates, transfers and stock transfer forms or equivalent duly executed by the Applicable Obligor in blank in relation to the assets subject to or expressed to be subject to the Transaction Security and other documents of title to be provided under the Transaction Security Documents.

  • To the extent required by law, a copy of a resolution signed by all the holders of the issued shares of in the Applicable Obligor approving the terms of, and the transactions contemplated by, such Transaction Security Document.

  • A copy of the constitutional documents of the Applicable Obligor and, if applicable, statutory registers and certificates of good standing issued by the Registrar of Companies (or a certificate of the Applicable Obligor confirming that copies of the constitutional documents of the Applicable Obligor that have previously been delivered to the Agent remain true, complete and up-to-date and that such constitutional documents have not been amended or supplemented and remain in full force and effect).

  • A certificate of the Applicable Obligor (signed by a director) confirming that borrowing or guaranteeing or securing, as appropriate, the Total Commitments would not cause any borrowing, guarantee, security or similar limit binding on it to be exceeded.

  • Each of the Guarantors irrevocably waives acceptance hereof, presentment, demand, protest and, to the fullest extent permitted by law, any notice not provided for herein, as well as any requirement that at any time any action be taken by any Person against the Applicable Obligor, any other guarantor of any of the Guaranteed Obligations, or any other Person.

  • Each of the Guarantors waives any right to require the Lender to ▇▇▇ the Applicable Obligor, any other guarantor, or any other person obligated for all or any part of the Guaranteed Obligations, or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

  • Notwithstanding the foregoing, in the event of a conflict between this Section 3.08 and the reporting requirements in Section 2.01 of the Applicable Obligor Covenants Schedule, Section 2.01 of the Applicable Obligor Covenants Schedule shall control.


More Definitions of Applicable Obligor

Applicable Obligor means, with respect to the Obligations, the Borrower, and, with respect to any Secured Hedge Obligation or Secured Cash Management Obligation, whichever Obligor is party to the applicable Rate Management Transaction or Cash Management Agreement, as applicable.
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Applicable Obligor shall have the meaning assigned to such term in Section 2.22.
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Related to Applicable Obligor

  • Eligible Obligor On any date of determination, any Obligor that:

  • Deliverable Obligation means each obligation of the Loan Parties that would constitute a “Deliverable Obligation” under a market standard credit default swap transaction documented under the ISDA CDS Definitions and specifying any of the Loan Parties as a Reference Entity. Each capitalized term used but defined in the preceding sentence has the meaning specified in the ISDA CDS Definitions, as applicable.

  • L/C Supportable Obligations means and includes obligations of the Borrower or its Subsidiaries incurred in the ordinary course of business as are reasonably acceptable to the Administrative Agent and the respective Letter of Credit Issuer and otherwise permitted to exist pursuant to the terms of this Agreement.

  • Eligible obligation means an obligation issued or incurred by an authority or by a municipality on behalf of an authority before August 19, 1993 and its subsequent refunding by a qualified refunding obligation. Eligible obligation includes an authority’s written agreement entered into before August 19, 1993 to pay an obligation issued after August 18, 1993 and before December 31, 1996 by another entity on behalf of the authority.

  • Eligible Obligations means (a) with respect to Securities denominated in Dollars, Governmental Obligations; or (b) with respect to Securities denominated in a currency other than Dollars or in a composite currency, such other obligations or instruments as shall be specified with respect to such Securities, as contemplated by Section 2.01.