Borrowing Affiliate definition

Borrowing Affiliate means any UniCapital Subsidiary Trust or UniCapital Special Purpose Corporation that is designated as a Borrowing Affiliate hereunder pursuant to Section 2.12 hereof.
Sample 1
Borrowing Affiliate has the meaning given to such term in Section 6.2(d)(ii).
Sample 1
Borrowing Affiliate has the meaning set forth in Section 6.3(e)(ii).
Sample 1Sample 2

Examples of Borrowing Affiliate in a sentence

  • The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may deal with the Depositor, the Administrator, the Indenture Trustee, the Servicer or a Swap Counterparty in banking transactions with the same rights as if it were owner of the Notes and not acting as Trustee.

  • In addition, the Borrowing Affiliate shall indemnify the Lender against any actual loss or expense which it may sustain or incur as a direct consequence of the default by the Borrowing Affiliate in payment of any principal amount of the Advances or interest thereon.

  • The Lender shall, to the fullest extent permitted by applicable law, have the right to apply and all amounts on deposit or on account with it or with any of its branches, Subsidiaries or affiliates (general or special, time or demand, matured or unmatured, in whatever currency) in reduction of amounts past due (whether such amounts became due at schedule maturity, by 16 acceleration or otherwise) under the Credit Documents to which the Borrowing Affiliate is a party.

  • In connection with the foregoing remedies, the Borrowing Affiliate shall take such further actions and execute all such instruments as the Lender or MCC deems necessary.

  • The Borrowing Affiliate 4 acknowledges that disbursement of funds to a Person other than the Borrowing Affiliate in accordance with the Request for Financing pursuant to the immediately preceding sentence shall be deemed receipt by the Borrowing Affiliate of the proceeds of the Advances made hereunder.

  • The Company shall not, and shall not permit any other Credit Party to, assume, endorse, be or become liable for, or guarantee, the obligations of any Person (other than the "Borrowing Affiliate Guaranties" and "Parent Guaranties" under and as defined in the MEFA) except (a) by the endorsement of negotiable instruments for deposit or collection in the ordinary course of business, and (b) in respect of the Permitted Indebtedness of the Credit Parties.

  • Designation of Borrowing Affiliate; Releases..........................

  • In addition, the Company agrees to cause each Borrowing Affiliate and Affiliated Parent Guarantor to comply in all respects with each covenant and agreement set forth below and attributed to such Affiliated Credit Party.

  • Tatje Fax No.: (847) 538-2279 with a copy to: Motorola Credit Corporation 1301 East Algonquin Road Schaumburg, Illinois 60196-1065 Attention: Finance Counsel Fax No.: (847) 576-0721 To the Borrowing Affiliate: Infocom Communications Network, Inc.

  • The Borrowing Affiliate shall become unable, admit in writing or fail generally to pay its debts as they become due.


More Definitions of Borrowing Affiliate

Borrowing Affiliate means any direct or indirect wholly-owned Subsidiary of AIH III or the Irish Holdco Party and any Holdings Subsidiary Trust or Holdings SPC that in either case is designated as a Borrowing Affiliate hereunder pursuant to Section 2.12 hereof.
Sample 1
Borrowing Affiliate means any direct or indirect wholly-owned Subsidiary of Bermuda Holding 2 Ltd., AI 1 Ltd. or AI 3 Ltd. and any Holdings Subsidiary Trust or Holdings SPC that in either case is designated as a Borrowing Affiliate hereunder pursuant to Section 2.13 hereof.
Sample 1
Borrowing Affiliate shall have the meaning given such term in Section 3.08.
Sample 1
Borrowing Affiliate. Each of the Borrower's Subsidiaries identified on Part I of Schedule 1.1(a) attached hereto and incorporated herein by reference.
Sample 1
Borrowing Affiliate means each of Infocom, J-Com, Nextel Mexico, Nextel Peru and each other Affiliate of the Company which owns or operates an IDEN System and which has been approved in writing by the Required Lenders.
Sample 1

Related to Borrowing Affiliate

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Competitive Borrowing means a Borrowing consisting of a Competitive Loan or concurrent Competitive Loans from the Lender or Lenders whose Competitive Bids for such Borrowing have been accepted by the Borrower under the bidding procedure described in Section 2.03.

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit F-1.

  • 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).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).