Examples of Borrower Group Companies in a sentence
Upon receipt of any such opinion, the Borrower Group Companies shall deliver a copy thereof to the Administrative Agent.
Each of the Borrower Group Companies is duly organized, validly existing and in good standing (if applicable) under the laws of the jurisdiction of its organization, has all requisite power and authority to carry on its business as now conducted and, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, is qualified to do business in, and is in good standing in, every jurisdiction where such qualification is required.
All projected financial information so provided was prepared in good faith based upon assumptions believed by the Borrower Group Companies to be reasonable at the time.
The Administrative Agent shall have received customary pay-off letters and lien termination documentation (which shall release the applicable lender’s Lien’s on all assets of the Borrower Group Companies) relating to all such Prior Indebtedness.
The JPIAMR Secretariat is responsible for initiating the discussion on objectives and priorities of the upcoming call.
This Agreement and the other Loan Documents and the obligations evidenced hereby and thereby are and will at all times be direct and unconditional general obligations of the Borrower and the other Borrower Group Companies, and rank and will at all times rank senior in right of payment and at least equal to all other Indebtedness of the Borrower and the other Borrower Group Companies, in each case whether now existing or hereafter outstanding.
The Company has disclosed to the Lenders all agreements, instruments and corporate or other restrictions to which any of the Borrower Group Companies is subject, and all other matters known to it, in each case as of the Effective Date, that, in the aggregate, could reasonably be expected to result in a Material Adverse Effect.
If an Event of Default is Continuing, upon reasonable notice being given to the Borrower by the Agent (except in the case of emergency) the Borrower shall, and shall procure that each other Borrower Group Company shall, permit any one or more representatives of the Agent or its advisers to have access to the property, assets, books and records of the Borrower and the other Borrower Group Companies to inspect the same during normal business hours.
The hours worked by and payments made to employees of the Borrower Group Companies have not violated the Fair Labor Standards Act or any other applicable Federal, state, local or foreign law dealing with such matters, except where a violation could not reasonably be expected to result in a Material Adverse Effect.
The Borrower Group Companies shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with Applicable Law.