Corporate Obligor definition

Corporate Obligor means a corporation, trust, partnership, limited liability company or other business entity which is organized under the laws of one of the states of the United States or the District of Columbia or which is a United States resident (which term includes a United States division or branch of an entity organized in a jurisdiction outside of the United States, so long as such division or branch maintains a place of business in the United States to which all Receivables are billed) and which has entered into a Relocation Management Agreement.

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Corporate Obligor means an Obligor that is not a natural Person.

Corporate Obligor means each Obligor which is not a natural person.

Examples of Corporate Obligor in a sentence

In addition to the foregoing, each such Corporate Obligor will maintain Business Interruption and Comprehensive Boiler and Machinery Insurance in form and amounts and with insurers acceptable to the Agent.
Each Corporate Obligor will preserve and maintain its corporate existence and good standing in the jurisdiction of its incorporation, and qualify and remain qualified as a foreign corporation in each jurisdiction in which such qualification is required, except to the extent that its failure to do so qualify could not result in a material adverse change.
A certificate of the Secretary or Assistant Secretary of each Corporate Obligor, dated as of the Closing Date, certifying the names and true signatures of the officers of such Corporate Obligor authorized to sign the Loan Documents, and the other documents to be delivered pursuant to the Loan Documents.
No Corporate Obligor is an investment company within the meaning of the Investment Company Act of 1940.
For Drivers Working Away From Their Home Terminal: OOA drivers shall be used only after all regular drivers are unavailable, out of hours or on rest.
This Agreement and the other Finance Documents constitute legal, valid and binding obligations of each Corporate Obligor and each Related Company (as the case may be) enforceable in accordance with their respective terms.
If (due to the existence of a Default or for any other reason) Borrower fails to timely and properly give any Continuation/Conversion Notice with respect to a Borrowing of existing Eurodollar Loans at least 3 Business Days prior to the end of the Interest Period applicable thereto, such Eurodollar Loans shall automatically be converted into Base Rate Loans at the end of such Interest Period.
Each Corporate Obligor is duly organized, validly existing and in good standing under the laws of the State of its organization and is qualified or licensed to do business and is in good standing in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could reasonably be expected to cause a Material Adverse Change.
Burdale may at any time and from time to time request a certificate from an officer of any Corporate Obligor representing on behalf of such Corporate Obligor that all conditions precedent to the making of a Utilisation and providing of any L/C contained herein are satisfied.
No Corporate Obligor will incur any liability for excise tax or penalty due to the Internal Revenue Service or any liability to the Pension Benefit Guaranty Corporation; and no “reportable events” (as that phrase is defined in Section 4043 of ERISA) will occur with respect to any Plan.

More Definitions of Corporate Obligor

Corporate Obligor means any of them.

Corporate Obligor and “Corporate Obligors” mean, both individually and/or collectively as the context may require, and jointly and severally, any one or more, or all, now or hereafter existing Obligors that are not natural persons, including, without limitation, (i) each entity that now or hereafter constitutes Borrower (including, for the avoidance of doubt but without limitation, on the Effective Date, each of Rotmans and Vystar), and (ii) each entity that, now or hereafter, is a Guarantor and/or executes and delivers to Lender any Security Instrument pursuant to the terms and conditions of this Agreement or any other of the Loan Documents (including, without limitation, pursuant to Section 6.3 hereof).

Corporate Obligor means each Obligor other than any Sponsor.

Corporate Obligor has the meaning ascribed to such term in the Loan Agreement, and such defined term and its meaning are incorporated herein by this reference.

Corporate Obligor means each of the Borrower and, upon execution and delivery of the Accession Deed on the Acquisition Closing Date, the HK Subsidiary.

Corporate Obligor means the Borrower or any other PRC Subsidiary.