Designated Loan Party definition

Designated Loan Party means any Borrower and any Subsidiary of a Borrower that is a Loan Party.
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Designated Loan Party has the meaning set forth in clause (c) of the definition of Excluded Subsidiary.
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Designated Loan Party means Mexx Austria GmbH, Mexx Direct Holding B.V., Mexx Europe B.V., Mexx Holding GmbH, Mexx Hellas EPE, Mexx Luxembourg S.Á.R.L., Mexx Modehandels GmbH, Mexx Modehandels AG, Liz Claiborne 3 B.V. and Mexx Europe International B.V.
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Examples of Designated Loan Party in a sentence

  • With respect to any Designated Loan Party, except for the issuance or sale of common stock or Permitted Preferred Stock by such Designated Loan Party, issue or sell or enter into any agreement or arrangement for the issuance and sale of any of its Stock.

  • In addition, each Borrower agrees that no Designated Loan Party will have a fiscal year different from that of Administrative Borrower.

  • Set forth on Schedule 4.19 to the Disclosure Letter is a true and complete list of all Indebtedness of each Designated Loan Party outstanding immediately prior to the Closing Date that is to remain outstanding immediately after giving effect to the closing hereunder on the Closing Date and such Schedule accurately sets forth the aggregate principal amount of such Indebtedness as of the Closing Date.

  • Contemporaneously with the delivery of each Compliance Certificate pursuant to Section 5.1, provide Agent with copies of (a) each Material Contract of a Designated Loan Party entered into since the delivery of the previous Compliance Certificate, and (b) each material amendment or modification of any Material Contract entered into since the delivery of the previous Compliance Certificate.

  • No Designated Loan Party is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any Margin Stock.

  • During the period in which an Activation Instruction (as defined in the Security Agreement) has been issued and not rescinded, within 1 Business Day of the date of receipt by any Designated Loan Party of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.

  • Neither any Designated Loan Party nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any Margin Stock.

  • In the case of any Designated Loan Party, any such determination set forth above (other than pursuant to clauses (iii), (v) and, with respect to any Designated Loan Party that is a German Loan Party, (viii) above) shall be made without giving effect to any intercompany obligations.

  • Schedule 6.01(cc) hereto contains a true, correct and complete list, as of the Effective Date, of the legal names and addresses of each location at which Rolling Stock of each Designated Loan Party is based.

  • Within 1 Business Day of the date of incurrence by any Designated Loan Party of any Indebtedness (other than Permitted Indebtedness), Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of the Net Cash Proceeds received by such Person in connection with such incurrence.


More Definitions of Designated Loan Party

Designated Loan Party means Michigan Limestone Operations, Inc., Oglebay Norton Terminals, Inc., Global Xxxxx Xxxxx River, Inc., Global Stone Filler Products, Inc., Global Stone PenRoc, LP, Global Stone Chemstone Corporation, Global Stone St. Clair, Inc., Global Stone Tenn Xxxxxxxx Company, Global Stone Portage, LLC, Oglebay Norton Industrial Sands, Inc., Texas Mining, LP, Oglebay Norton Specialty Minerals, Inc., Erie Sand and Gravel Company, Montfort Terminal, Ltd. and Oglebay Marine Services.
Sample 1
Designated Loan Party means Mexx Austria GmbH, Mexx Direct Holding B.V., Mexx Europe B.V., Mexx Holding GmbH, Mexx Hellas EPE, Mexx Luxembourg S.Á.X.X., Mexx Modehandels GmbH, Mexx Modehandels AG, Liz Claiborne 3 B.V. and Mexx Europe International B.V.
Sample 1
Designated Loan Party means each of CNL Restaurant Investments, Inc., CNL APF Partners, LP, CNL APF GP, Corp., CNL Restaurant Capital Corp., CNL Restaurant Capital GP Corp. and CNL Restaurant Capital, LP and “Designated Loan Parties” means a collective reference to each of them.
Sample 1

Related to Designated Loan Party

  • Designated loan means a loan se- cured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States and that is not a CFC.

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Foreign Loan Party means any Loan Party that is not a Domestic Loan Party.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Specified Loan Party means any Loan Party that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.19).

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Eligible Borrower means owners or others having an interest in property situated within the downtown area of a participating city, community development corporations associated with a participating city, Iowa main street program organizations associated with a participating city, community-initiated development groups associated with a participating city, or other organization associated with a participating city for purposes of implementing the Iowa main street program.

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

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.

  • Appropriate Lender means, at any time, (a) with respect to Loans of any Class, the Lenders of such Class, (b) with respect to Letters of Credit, (i) the relevant L/C Issuer and (ii) the Revolving Credit Lenders and (c) with respect to the Swing Line Facility, (i) the Swing Line Lender and (ii) if any Swing Line Loans are outstanding pursuant to Section 2.04(a), the Revolving Credit Lenders.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • Dutch Loan Party means a Loan Party incorporated under the laws of the Netherlands.

  • Qualified ECP Loan Party means each Loan Party that on the Eligibility Date is (a) a corporation, partnership, proprietorship, organization, trust, or other entity other than a “commodity pool” as defined in Section 1a(10) of the CEA and CFTC regulations thereunder that has total assets exceeding $10,000,000, or (b) an Eligible Contract Participant that can cause another person to qualify as an Eligible Contract Participant on the Eligibility Date under Section 1a(18)(A)(v)(II) of the CEA by entering into or otherwise providing a “letter of credit or keepwell, support, or other agreement” for purposes of Section 1a(18)(A)(v)(II) of the CEA.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.