Designated Borrower Effective Date definition

Designated Borrower Effective Date has the meaning specified in Section 2.16(a).

Designated Borrower Effective Date shall have the meaning specified in Section 9.20(b). “Designation Agreement” means, with respect to the Designated Borrower, an agreement in the form of Exhibit G hereto signed by such Designated Borrower and the Company. “Documentation Agents” means Bank of America, N.A., Barclays Bank PLC, and Mizuho Bank, Ltd., each in its capacity as a documentation agent in respect of this Agreement. “Dollars” and the sign “$” means lawful money of the United States of America.

Designated Borrower Effective Date means, as the context may require, (i) the NEC Designated Borrower Effective Date, (ii) the PPL EU Designated Borrower Effective Date, (iii) the KU Designated Borrower Effective Date and (iv) the LGE Designated Borrower Effective Date. “Designated Fiscal Year” has the meaning set forth in Section 5.04(a). “Designation Agreement” means, with respect to any Designated Borrower, an agreement in the form of Exhibit G hereto signed by such Designated Borrower and the Company. “Documentation Agents” means Bank of America, N.A., Barclays Bank PLC, and Mizuho Bank, Ltd., each in its capacity as a documentation agent in respect of this Agreement. “Dollars” and the sign “$” means lawful money of the United States of America. “EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of

Examples of Designated Borrower Effective Date in a sentence

• In the case the Company designates a Designated Borrower, the Company and each Designated Borrower that is a Domestic Subsidiary shall execute and deliver to the Administrative Agent a reaffirmation agreement in form and substance reasonably satisfactory to the Administrative Agent in respect of such Person’s Guaranty prior to or on the Designated Borrower Effective Date applicable to such Designated Borrower so designated by the Company.

• The Company shall execute a Guaranty in respect of any Designated Borrower prior to or on the Designated Borrower Effective Date applicable to such Designated Borrower.

• Any Designated Borrower that is a Domestic Subsidiary shall execute a Guaranty in respect of the Company’s and any other Designated Borrower’s Obligations hereunder prior to or on the Designated Borrower Effective Date applicable to such Designated Borrower.

• Any Designated Borrower that is a Domestic Subsidiary shall execute a Guaranty in respect of the Company’s and any other Designated Xxxxxxxx’s Obligations hereunder prior to or on the Designated Borrower Effective Date applicable to such Designated Borrower.

• On or prior to the NEC Designated Borrower Effective Date, the Administrative Agent shall have received a duly executed Note for the account of each Lender requesting delivery of a Note pursuant to Section 2.05.

• On the NEC Designated Borrower Effective Date, the Administrative Agent shall have received from counsel to NEC, opinions addressed to the Administrative Agent and each Lender, dated the NEC Designated Borrower Effective Date.

• As of the Amendment No. 1 Effective Date, the 2026 KU Commitment Amount of each 2026 Revolving Lender is the amount set forth in the table under the heading “2026 KU Commitments” opposite such 2026 Revolving Lender’s name on Appendix A3 (it being understood and agreed that Appendix A3 hereto may be replaced by the Borrower and the Administrative Agent to reflect the actual 2026 KU Commitment Amount as of the KU Designated Borrower Effective Date).

• The Administrative Agent shall have received full payment from the Company of the fees and expenses of Xxxxx Xxxx & Xxxxxxxx LLP described in Section 9.03 which are billed through the Designated Borrower Effective Date and which have been invoiced one Business Day prior to the Designated Borrower Effective Date.

• The Administrative Agent shall have received full payment from the Company of the fees and expenses of Xxxxx Xxxx & Xxxxxxxx LLP described in Section 9.03 which are billed through the NEC Designated Borrower Effective Date and which have been invoiced one Business Day prior to the NEC Designated Borrower Effective Date.

• If the applicability of the Section 1 exemption determines whether the arbitrator has jurisdiction to resolve the dispute, it is a question of arbitrability because it determines the “status of [the] dispute’s being or not being within the jurisdiction of arbitrators to resolve.” Arbitrability, BLACK’S LAW DICTIONARY (10th ed.