Domestic Designated Borrower definition

Domestic Designated Borrower means a Designated Borrower organized under the laws of the United States, any state thereof or the District of Columbia.
Sample 1Sample 2Sample 3
Domestic Designated Borrower means any Designated Borrower that is a Domestic Subsidiary of the Company.
Sample 1Sample 2Sample 3
Domestic Designated Borrower means any Designated Borrower that is organized under the laws of any political subdivision of the United States.
Sample 1Sample 2Sample 3

Examples of Domestic Designated Borrower in a sentence

  • Notwithstanding the foregoing, the Foreign Designated Borrowers shall have no obligation for any such amounts resulting from the extension of credit solely for the benefit of WFS or any Domestic Designated Borrower (other than extensions of credit made to any Foreign Designated Borrower at the request of the Borrowing Agent).

  • Notwithstanding the foregoing, the Foreign Designated Borrowers shall have no obligation to pay interest accrued on Loans advanced to WFS or any Domestic Designated Borrower (other than Loans advanced to the Foreign Designated Borrowers for their benefit at the request of the Borrowing Agent).

  • The obligations of the Company and each Domestic Designated Borrower are those of primary obligor, and not merely as surety, and are independent of the Obligations and the obligations of any other Borrower or any part thereof, and a separate action may be brought against any of the Company or any Domestic Designated Borrower to enforce this Agreement whether or not any other Borrower or any other Person is joined as a party.

  • Each Swing Line Borrowing shall be made upon the Company’s (on its own behalf and on behalf of any Domestic Designated Borrower) irrevocable notice, to the Administrative Agent, which may be given by (A) telephone or (B) by a Swing Line 63861415 Loan Notice; provided that any telephonic notice must be confirmed promptly by delivery to the Administrative Agent of a Swing Line Loan Notice.

  • The Parent Borrower and each Domestic Designated Borrower shall guarantee the Obligations of all Designated Borrowers pursuant to Article X.

  • We note that this is a common complaint in two tier systems that can be addressed successfully through delegation.• Delegation is within the capability of each of the local municipalities in Muskoka.

  • The Company and each Domestic Designated Borrower expressly waive all setoffs and counterclaims and all presentments, demands for payment or performance, notices of nonpayment or nonperformance, protests, notices of protest, notices of dishonor and all other notices or demands of any kind or nature whatsoever with respect to the Obligations, and all notices of acceptance of this Agreement or of the existence, creation or incurrence of new or additional Obligations.

  • Please check with your HR Office if you have questions about your Leave Bank eligibility or membership.

  • All Foreign Designated Borrowers shall be jointly and severally liable for the Obligations of each other Foreign Designated Borrower but shall not be liable for the Obligations of the Company or any Domestic Designated Borrower.

  • The Parent Borrower and each Domestic Designated Borrower expressly waive all setoffs and counterclaims and all presentments, demands for payment or performance, notices of nonpayment or nonperformance, protests, notices of protest, notices of dishonor and all other notices or demands of any kind or nature whatsoever with respect to the Obligations, and all notices of acceptance of this Agreement or of the existence, creation or incurrence of new or additional Obligations.


More Definitions of Domestic Designated Borrower

Domestic Designated Borrower means any Designated Borrower that is not a Foreign Designated Borrower.
Sample 1Sample 2
Domestic Designated Borrower means any Designated Borrower that is organized under the laws of the United States, a state or other political subdivision thereof or the District of Columbia.
Sample 1Sample 2

Related to Domestic Designated Borrower

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

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

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

  • 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”.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

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

  • Qualified Borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • 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.

  • 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.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Canadian Borrower as defined in the preamble hereto.

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

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

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

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

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

  • 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.

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

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

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

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Foreign Borrowing Base means, as of any date, an amount equal to: