Corporate Borrowers definition

Corporate Borrowers. Borrower B, Borrower C, Borrower D, Xxxxxxxx E and Borrower F
Sample 1
Corporate Borrowers means the 12 UK registered companies to which LCF loaned bondholder funds;
Sample 1
Corporate Borrowers shall have the meaning set forth in Section 3.05.
Sample 1

Examples of Corporate Borrowers in a sentence

  • An "Extraordinary Cash Dividend" shall be that portion, if any, of the aggregate amount of all cash dividends paid in any fiscal year which exceeds the sum of (A) the Corporate Borrower's cumulative undistributed earnings on the date of this Agreement, plus (B) the cumulative amount of earnings, as determined by the Board of Directors, after such date, minus (C) the cumulative amount of dividends accrued or paid in respect of the Common Stock.

  • Xxxxxxxxxx Vice President Corporate Borrowers: Masterpiece Homes, Inc.

  • In connection with agreeing to make the Corporate Loan, PTR and the Prior Corporate Borrower agreed that the Prior Corporate Borrower's repayment obligation for funds advanced in respect of the Corporate Loan would be adjusted by a premium factor of 1.113164866782 (the "Premium Factor").

  • The picture is shocking, especially when it comes to the southern two-­‐thirds of the inshore (SI) area of the GBRWH region.

  • Xxxxxxxx A is a merchant who is the sole director and the sole ultimate beneficial owner of the Corporate Borrowers.

  • The following positions reflect those presented at the Workshop by the interested parties: the Banks, the Financial Services Providers, Consumers (including small business), Corporate Borrowers, and Practitioners.

  • Corporate Borrower will furnish to Lender and AGENCY for the twelve (12) month period ending December 31, 1998 and annually thereafter (no later than 3 months following the expiration of any such period) and at such other times and in such form as Lender may prescribe, Corporate Borrower's independent CPA-prepared audit-quality consolidated financial statements including Balance Sheet, Profit and Loss Statement, Cash Flow Statement, and supplemental schedules of Cost of Goods Sold and Operating Expenses.

  • Experience and/or expertise in financial management, administration and/or law would be helpful.

  • Corporate Borrowers, especially the large and financially sound, can diversify their short term borrowing by the issue of Commercial Paper.

  • Increased education and training is also mentioned as possible solutions to the complicated projects.


More Definitions of Corporate Borrowers

Corporate Borrowers shall refer to those Borrowers organized as a corporation pursuant to the laws of any state of the United States of America.
Sample 1
Corporate Borrowers means the Corporation and the ITT Borrower, as joint and several obligors.
Sample 1
Corporate Borrowers means the companies to which LCF loaned bondholder funds
Sample 1
Corporate Borrowers means Courtice and MRM;
Sample 1
Corporate Borrowers means Xxxxx Golf, Inc., Xxxxx Golf Holding Corp, Xxxxx Golf GP Corp, and Xxxxx Golf Management Corp.
Sample 1

Related to Corporate Borrowers

  • 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.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Borrower as defined in the preamble hereto.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • German Borrower means (a) any Borrower that is a resident for tax purposes in Germany and (b) any Borrower in respect of which written notice is given to the Administrative Agent (by the Company) prior to that Borrower becoming a Borrower hereunder that such Borrower is resident in Germany for German tax purposes.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Foreign Borrower means any Borrower that is organized under the laws of a jurisdiction other than the Unites States, a state thereof or the District of Columbia.

  • means Borrower s forecasted consolidated and consolidating:

  • Canadian Borrower as defined in the preamble hereto.

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Borrower Related Party As defined in Section 3.33 of this Agreement.

  • The Borrower has advised the Banks that the Borrower has entered into an Agreement and Plan of Merger and Reorganization, dated as of February 10, 2000 (the "Merger Agreement"), among the Borrower, Opticare Health Systems, Inc. (the "Parent"), and OC Acquisition Corp., a wholly-owned subsidiary of the Parent ("Merger Sub"), pursuant to which the parties intend to merge Merger Sub with and into the Borrower subject to the terms and conditions thereof which include, among other things, restructuring the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions and due diligence concerning the Merger and any proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not consented to the Merger nor have the Banks agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, and an April 14, 2000, letter agreement, and a May 5, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, and as of March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to the earlier of June 2, 2000, or the termination of the Merger Agreement pursuant to its terms (the earlier of such dates being referred to herein as the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from May 19, 2000, to the Waiver Termination Date, and (iii) postpone the due date for the payment of principal, interest and unused commitment fees otherwise due on or before May 19, 2000, to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from May 19, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, and March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to postpone the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before May 19, 2000, to the Waiver Termination Date, provided that:

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.