Examples of Belgian Borrower in a sentence
There occurs a material adverse change in the business, assets or financial condition of any of the German Borrower, the Belgian Borrower or of the Group taken as a whole.
Each Borrower shall timely pay all Other Taxes to the relevant Governmental Authority in accordance with applicable Requirements of Law; provided that the Belgian Borrower shall not be required to pay any Other Taxes attributable to any Loans made to the U.S. Borrower.
Notwithstanding anything contained herein or in the other Loan Documents, the Belgian Borrower and other Belgian Loan Parties shall not be liable or jointly and severally liable for any Obligations (other than the Belgian Obligations) of the U.S. Borrower or any Domestic Subsidiary (collectively, the “Domestic Obligations”), and none of the Collateral pledged by the Belgian Borrower shall secure any Domestic Obligations.
Each of the U.S. Borrower and the Belgian Borrower agrees to clearly designate all information provided to the Administrative Agent by or on behalf of the U.S. Borrower or the Belgian Borrower that is suitable to be made available to Public Side Lender Representatives, and the Administrative Agent shall be entitled to rely on any such designation by the U.S. Borrower or the Belgian Borrower without liability or responsibility for the independent verification thereof.
Within the foregoing limits and subject to the terms and conditions set forth herein, the U.S. Borrower and the Belgian Borrower may borrow, prepay and reborrow Swingline Loans.