Dutch Borrower definition

Dutch Borrower means any Borrower that is organized under the laws of the Netherlands.

Dutch Borrower shall have the meaning assigned to such term in the preamble hereto.

Dutch Borrower has the meaning set forth in the introductory paragraph to this Agreement.

Examples of Dutch Borrower in a sentence

• For greater certainty, the Dutch Borrower and the UK Borrower shall not be liable for any fees which form part of the Obligations unless they are Dutch Liabilities or UK Liabilities, as applicable (including as provided in this Section 2.09, or Section 10.04).

• During any Dominion Trigger Period, the Dutch Borrower and each other U.K./Dutch Facility Obligor irrevocably waives the right to direct the application of any payments or Collateral proceeds, and agrees that Agent shall have the continuing, exclusive right to apply and reapply same against the U.K./Dutch Facility Obligations, in such manner as Agent deems advisable.

• All Swing Line Loans to the UK Borrower or the Dutch Borrower shall be (i) if denominated in Euros, only Daily Resetting Interbank Offered Rate Loans or (ii) if denominated in Sterling, only Daily Simple RFR Loans.

• If, at the end of a Business Day, after giving effect to such application, if any, a credit balance exists, the balance shall not accrue interest in favor of the Dutch Borrower and shall be made available to the Dutch Borrower as long as the Obligations have not been accelerated on account of an Event of Default.

• Each Swing Line Loan made to the Dutch Borrower shall be made in Euros and shall bear interest only at the rate applicable to Daily Resetting Interbank Offered Rate Loans.

More Definitions of Dutch Borrower

Dutch Borrower has the meaning specified in the introductory paragraph hereto.

Dutch Borrower means (i) MKE and (ii) any other Foreign Subsidiary Borrower that is organized under the laws of the Netherlands.

Dutch Borrower has the meaning set forth in the preamble to this Agreement.

Dutch Borrower means each of Silgan B.V. and Silgan International B.V.

Dutch Borrower means (i) Iron Mountain International Holdings B.V., a besloten vennootschap met beperkte aansprakelijkheid incorporated under Dutch law having its corporate seat (statutaire zetel) in Amsterdam, the Netherlands and (ii) any other Borrower organized in the Netherlands.

Dutch Borrower means Insight Enterprises B.V., a besloten vennootschap met beperkte aansprakelijkheid, incorporated under the laws of The Netherlands having its corporate seat (statutaire zetel) in The Hague, The Netherlands, together with its successors and permitted assigns.

Dutch Borrower means, from and after the date on which it may become a party hereto after the Closing Date pursuant to Section 2.24.1, (i) Applied Power Europa B.V. and/or (ii) Enerpac B.V., each a Dutch Subsidiary and in each case, unless such Subsidiary has ceased to constitute a Foreign Subsidiary Borrower pursuant to Section 2.24.2.