Examples of BVI Borrower in a sentence
The BVI Borrower shall indemnify the Administrative Agent, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting, other than as a result of the gross negligence, bad faith or willful misconduct of such Person, from the reasonable reliance by such Person on each notice purportedly given by or on behalf of the BVI Borrower.
Become a Sanctioned Person., nor shall any Borrower permit any Person that owns or Controls any Borrower (other than BVI Borrower) to become a Sanctioned Person.
Each CBG Acquisition Document is the legal, valid and binding obligation of the Parent and the BVI Borrower and, to the knowledge of the Parent and the BVI Borrower, each other Person party thereto, enforceable against each such Person in accordance with its terms.
To the extent that any undertaking in this clause may be unenforceable because it is violative of any Applicable Law or public policy, the BVI Borrower shall contribute the maximum portion that it is permitted to pay and satisfy under Applicable Law to the payment and satisfaction of such undertaking.
You shall report to the Chief Executive Officer (or such other person as may be designated by the Chief Executive Officer), and you agree to devote your full business time, best efforts, skill, knowledge, attention and energies to the advancement of the Company’s business and interests and to the performance of your duties and responsibilities as an employee of the Company.
The Administrative Agent and the Lenders shall be entitled to reasonably rely and act upon any notices purportedly given by or on behalf of the BVI Borrower even if: (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof.
Immediately after the consummation of the transactions contemplated by the Loan Documents on the Closing Date and immediately following the making of each Loan and after giving effect to the application of the proceeds of each Loan, BVI Borrower and its Restricted Subsidiaries, together, are and will be Solvent.
Each Lender may change its address or e-mail address for notices and other communications hereunder by notice to the BVI Borrower and the Administrative Agent.
No authorization or approval or other action by, and no notice to filing with or license from, any Governmental Authority on behalf of the Parent or the BVI Borrower and, to the knowledge of the Parent and the BVI Borrower, on behalf of any other Person party thereto is required for the consummation of such sale other than such as have been obtained on or prior to the First Amendment Effective Date.
Unless BVI Borrower, the Administrative Agent and each applicable Lender shall have agreed to alternate borrowing procedures, each applicable Lender shall make the amount of its applicable Loan available to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than 11:00 a.m. on the Business Day specified in the applicable Borrowing Request.