Applicant Foreign Borrower definition

Applicant Foreign Borrower has the meaning specified in Section 2.16(b).
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Applicant Foreign Borrower has the meaning set forth in Section 2.20.
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Applicant Foreign Borrower has the meaning specified in Section 2.22. 264674781 265265096
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Examples of Applicant Foreign Borrower in a sentence

  • Any Revolving Bank that determines not to consent to the designation of such Applicant Foreign Borrower as a Foreign Borrower shall notify the Administrative Agent of such fact promptly after such determination and any Revolving Bank not responding within such fifteen (15)-Business Day period shall be deemed to have determined not to so consent.

  • Such Applicant Foreign Borrower shall thereupon become a Foreign Borrower and shall be (1) entitled to all rights and benefits of a Foreign Borrower hereunder and under each of the Credit Documents and (2) subject to all obligations of a Foreign Borrower hereunder and under the Credit Documents.

  • Each Revolving Bank shall, by notice to the Administrative Agent given not later than the date that is fifteen (15) Business Days from the date which such Revolving Bank received notice from the Administrative Agent of the Borrower Representative’s request to designate an Applicant Foreign Borrower as a Foreign Borrower, advise the Administrative Agent whether or not such Revolving Bank consents to such designation pursuant to Section 2.12(a)(iv).

  • The designation of an Applicant Foreign Borrower as a Foreign Borrower shall be effective ten Business Days after the receipt by the Administrative Agent of each of the items required pursuant to clauses (a) through (c) herein.

  • The designation of an Applicant Foreign Borrower as a Foreign Borrower shall be effective ten Business Days after the last to occur of (A) receipt by the Administrative Agent of the consent of the Required Lenders and (B) receipt by the Administrative Agent of each of the items required pursuant to clauses (b) through (e) herein.

  • Such Applicant Foreign Borrower shall thereupon become a Foreign Borrower and a Credit Party hereunder and shall be (1) entitled to all rights and benefits of a Foreign Borrower hereunder and under each of the Credit Documents and (2) subject to all obligations of a Foreign Borrower hereunder and under the Credit Documents.

  • Each Revolving Credit Lender shall, by notice to the Administrative Agent given not later than the date that is five (5) Business Days from the date which such Revolving Credit Lender received notice from the Administrative Agent of the Parent’s request to designate an Applicant Foreign Borrower as a Foreign Borrower, advise the Administrative Agent whether or not such Revolving Credit Lender consents to such designation pursuant to Section 2.19(iv).

  • Any Revolving Credit Lender that determines not to consent to the designation of such Applicant Foreign Borrower as a Foreign Borrower shall notify the Administrative Agent of such fact promptly after such determination and any Revolving Credit Lender not responding within such fifteen (15) Business Day period shall be deemed to have determined not to so consent.

  • Effective as of the date of the Foreign Borrower Notice for the Applicant Foreign Borrower, the Applicant Foreign Borrower confirms its acceptance of, and consents to, all representations and warranties, covenants, and other terms and provisions of the Credit Agreement.

  • The Company may request that any of its Foreign Subsidiaries (each, an "Applicant Foreign Borrower") be designated a Foreign Borrower by delivery of a written request to the Administrative Agent, together with an executed copy of a Foreign Borrower Joinder Agreement.


More Definitions of Applicant Foreign Borrower

Applicant Foreign Borrower has the meaning assigned to such term in Section 2.19. “Appropriate Lender” means, at any time, (a) with respect to Loans of any Class, the Lenders of such Class, (b) with respect to any Letters of Credit, (i) the relevant L/C Issuer and (ii) the Revolving Credit Lenders and (c) with respect to the Swing Line Loans, (i) the Swing Line Lender and (ii) if any Swing Line Loans are outstanding pursuant to ‎Section 2.04(a), the Revolving Credit Lenders. “Approved Foreign Bank” has the meaning specified in the definition of “Cash Equivalents.” 7 #95488248v20
Sample 1
Applicant Foreign Borrower has the meaning specified in Section 2.12(a). “Approved Fund” means any Fund that is administered or managed by (a) a Bank, (b) an Affiliate of a Bank or (c) an entity or an Affiliate of an entity that administers or manages a Bank. “Arrangers” means, collectively, MLPFS, Xxxxx Fargo Securities, LLC, JPMorgan Chase Bank, N.A., and SunTrust Xxxxxxxx Xxxxxxxx, Inc., in their capacities as joint lead arrangers and joint bookrunners. “Asset Disposition” means the sale, lease or other disposition of any Property by any member of the Consolidated Group (including the Capital Stock of a Subsidiary) other than (a) the sale or other disposition of inventory in the ordinary course of business, (b) the sale, lease or other disposition of machinery, equipment and other assets no longer used or useful in the conduct of such member’s business, (c) the sale or financing of Receivables and Receivables Related Assets pursuant to the terms of a Qualified Securitization Transaction permitted hereunder and (d) any Involuntary Disposition. “Assignee Group” means two or more Eligible Assignees that are Affiliates of one another or two or more Approved Funds managed by the same investment advisor. “Assignment and Assumption” means an assignment and assumption entered into by a Bank and an Eligible Assignee (with the consent of any party whose consent is required by Section 11.3(b)), and accepted by the Administrative Agent, in substantially the form of Schedule 11.3(b) or any other form approved by the Administrative Agent. “Australian Dollars” means the lawful currency of Australia. “Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution. “Bail-In Legislation” means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule. “Bank” means each Person identified as a “Bank” on the signature pages hereto, each other Person that becomes a “Bank” in accordance with this Credit Agreement, and their respective successors and assigns, and, unless the context otherwise requires, includes the Swingline Bank. The term “Bank” shall include any Designated Bank. “Bank of America” means Bank of America, N.A. and its successors. “Bank of America Fee Lett...
Sample 1

Related to Applicant Foreign Borrower

  • Foreign Borrower means any Borrower that is a Foreign Subsidiary.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • Subsidiary Borrower any Subsidiary of the Borrower that becomes a party hereto pursuant to Section 10.1(c)(i) until such time as such Subsidiary Borrower is removed as a party hereto pursuant to Section 10.1(c)(ii).

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • Applicant Borrower has the meaning specified in Section 2.14.

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Purchasing Borrower Party means any of the Borrower or any Restricted Subsidiary.

  • Canadian Borrower as defined in the preamble hereto.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • applicant Party means the Contracting Party requesting information;

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • German Borrower means (a) any Borrower that is a resident for tax purposes in Germany and (b) any Borrower in respect of which written notice is given to the Administrative Agent (by the Company) prior to that Borrower becoming a Borrower hereunder that such Borrower is resident in Germany for German tax purposes.

  • Dutch Borrower means any Borrower that is organized under the laws of the Netherlands.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Foreign Borrowing Base means, as of any date, an amount equal to: