Co-Borrowers definition

Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

Co-Borrowers means, collectively, Detroit and each other Guarantor which is hereafter designated as a Co-Borrower pursuant to Section 2.7.

Examples of Co-Borrowers in a sentence

• The obligations of the Servicer to effect the transactions contemplated hereby shall be subject to the following conditions: (a) The Servicer shall have (i) completed its due diligence with respect to the Co‐Borrowers and each Lender in order to satisfy compliance with laws and regulations applicable to financial institutions in connection with this transaction (e.g., the USA PATRIOT Act, OFAC and related regulations) and (ii) been satisfied with the results of such due diligence in its sole discretion.

• The Co‐Borrowers are operated as a combined entity with assets and liabilities distinct and separate from those of Holdings, and any Affiliates thereof (other than the UK Guarantors), and each Co‐Borrower hereby acknowledges that the Administrative Agent and the Lenders are entering into the transactions contemplated by this Agreement in reliance upon the Co‐Borrowers’ identity as separate legal entities from Holdings, and from each such other Affiliate of Holdings (other than the UK Guarantors).

• The Co‐Borrowers will not cease to be engaged in business of the type authorized by its Constituent Documents.

• Neither the Co‐Borrowers nor the Servicer may assign, or permit any Lien to exist upon, any of its rights or obligations hereunder or under any Transaction Document or any interest herein or in any Transaction Document without the prior written consent of the Lenders unless otherwise contemplated hereby.

• INDEMNIFICATION 116 Section 10.01 Indemnities by the Co‐Borrowers and Holdings 116 ARTICLE XI.

More Definitions of Co-Borrowers

Co-Borrowers has the meaning assigned to that term in the preamble to this Agreement.

Co-Borrowers shall have the meaning assigned thereto in the preamble hereof.

Co-Borrowers means, with respect to any Revolving Facility Borrowings or Borrowings of Term B-1 Loans, (i) ADTSC and (ii) any other Wholly Owned Domestic Subsidiary of the Borrower that becomes a Co-Borrower after the Eleventh Incremental Assumption and Amendment Agreement Effective Date (with respect to the Revolving Facility) or the Thirteenth Incremental Assumption and Amendment Agreement Effective Date (with respect to the Term B-1 Loans); provided that if the Borrower wishes to add a Co-Borrower after the Eleventh Incremental Assumption and Amendment Agreement Effective Date or the Thirteenth Incremental Assumption and Amendment Agreement Effective Date, as applicable, then (i) such Co-Borrower shall be a Wholly Owned Domestic Subsidiary of the Borrower, (ii) if such Co-Borrower is newly acquired or created, such Co-Borrower shall comply with the requirements of Section 5.10 applicable thereto within the time periods provided therein and (iii) the Administrative Agent shall have received a joinder to this Agreement and all documentation and information with respect to such Co-Borrower required by Section 3.25(a) as the Administrative Agent or any Revolving Facility Lender or any Lender of Term B-1 Loans, as applicable, shall have reasonably requested.

Co-Borrowers is defined in the preamble hereof.

Co-Borrowers. Wholly Owned Restricted Subsidiaries organized in the United States, any state thereof or the District of Columbia from time to time designated by the Borrower Representative to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 12, and “Co-Borrower” means any one of them.

Co-Borrowers is defined in the preamble hereof. “Co-Borrowers’ Books” are all of a Co-Borrower’s books and records including ledgers, federal and state tax returns, records regarding such Co-Borrower’s assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information.

Co-Borrowers means, together, MMP, Midstream and Logistics. Any of the individual Co-Borrowers may be generically referred to as “Co-Borrower”.