Designated Borrower Requirements has the meaning specified in Section 2.14(a).
Designated Borrower Requirements is defined in Section 1.16(a) hereof.
Designated Borrower Requirements has the meaning specified in Section 2.14(a). “Designated Borrower Sublimit” means an amount equal to the lesser of (x) the Revolving Credit Facility and (y) the greater of (i) $930,000,000 and (ii) such other amount as agreed to by the Required Revolving Credit Lenders. The Designated Borrower Sublimit is part of, and not in addition to, the Revolving Credit Facility. “Designated Jurisdiction” means any country or territory to the extent that such country or territory itself is the subject of any Sanction. “Designated Lender” has the meaning set forth in Section 2.16. “Designated Obligations” means all Obligations of any Loan Party in respect of principal and interest on the Loans, and L/C Obligations. “Designated Regulatory Cash” means cash deposited from time to time into one or more segregated bank accounts of the Company and its Subsidiaries (identified to the Administrative Agent in writing) that is required to be retained in order to comply with applicable banking or finance law and regulations. “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith and including any disposition of property to a Divided LLC pursuant to an LLC Division. “Disqualified Stock” means any Equity Interest which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable, either mandatorily or at the option of the holder thereof), or upon the happening of any event or condition, (a) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is mandatorily redeemable (other than solely for Equity Interests in such Person that do not constitute Disqualified Stock and cash in lieu of fractional shares of such Equity Interests), pursuant to a sinking fund obligation or otherwise, (b) is convertible into or exchangeable (either mandatorily or at the sole option of the holder thereof) for (i) Indebtedness or debt securities or (ii) any Equity Interests referred to in (a) above (other than solely for Equity Interests in such Person that do not constitute Disqualified Stock and cash in lieu of fractional shares of such Equity Interests), or (c) is redeemable (other than solely for Equity Interests in such Person that do n...
More Definitions of Designated Borrower Requirements
Designated Borrower Requirements has the meaning specified in Section 2.16(b). “Designated Jurisdiction” means any country or territory that is the subject of Sanctions. “Designated Lender” has the meaning specified in Section 2.17. “Disqualified Preferred Stock” has the meaning assigned to such term in the definition of “Indebtedness.” “Dollar” and “$” mean lawful money of the United States. “Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and (b) with respect to any amount denominated in any Alternative Currency, the equivalent amount thereof in Dollars as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Dollars with such Alternative Currency. “Domestic Loan Parties” means, collectively, the Parent Borrower and each Guarantor that is a Domestic Subsidiary. “Domestic Subsidiary” means any Subsidiary that is organized under the Laws of any state of the United States or the District of Columbia. If a Foreign Subsidiary becomes a Guarantor and complies with the provisions of Section 7.09 as to collateral that are applicable to Domestic Subsidiaries that are not Immaterial Domestic Subsidiaries, the Parent Borrower may elect by written notice to the Administrative Agent to treat such Subsidiary as a Domestic Subsidiary for purposes of the Loan Documents; provided, that, the Administrative Agent concludes, in its reasonable discretion, that the Lenders would have substantially the same rights against such Subsidiary pursuant to the Collateral Documents under the Law of the relevant foreign jurisdiction as the Lenders would have if such Subsidiary were organized in the United States of America. “Dutch Loan Party” means any Loan Party incorporated in the Netherlands. “Dutch Share Pledge Agreement” means that certain notarial deed of pledge dated June 26, 2018 between Xxxxx Overseas, Inc., a Delaware corporation, as pledgor, the Administrative Agent, as pledgee, and Xxxxx Europe, as the company, as may be amended, supplemented, modified, restated or replaced. “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 12 CHAR1\1732710v2
Designated Borrower Requirements is defined in Section 2.24(a).