Examples of Dutch Borrowers in a sentence
All Dutch Borrowers shall be jointly and severally liable as borrowers for all Borrowings under the Dutch Subfacility of each Dutch Borrower regardless of which Dutch Borrower received the proceeds thereof.
On any date of determination of the Dutch Borrowing Base, all of the Accounts owned by the Dutch Borrowers and reflected in the most recent Borrowing Base Certificate delivered by the Dutch Borrowers to the Administrative Agent shall be “Dutch Eligible Accounts” for the purposes of this Agreement, except any Account to which any of the exclusionary criteria set forth below applies.
Ensure that any fiscal unity (fiscale eenheid) for Dutch corporate income tax purposes as defined in the Dutch Corporate Income Tax Act 1969 (Wet op de vennootschapsbelasting 1969) or a fiscal unity (fiscale eenheid) for VAT purposes as defined in the Dutch VAT Act 1968 (Wet op de omzetbelasting 1968), if any, that includes any Dutch Borrower shall consist of Dutch Borrowers only, unless with the prior written consent of the Administrative Agent.
On any date of determination of the Dutch Borrowing Base, all of the Inventory owned by the Dutch Borrowers and reflected in the most recent Borrowing Base Certificate delivered by the Borrowers to the Administrative Agent shall be “Dutch Eligible Inventory” for the purposes of this Agreement, except any Inventory to which any of the exclusionary criteria set forth below applies.
Dutch Borrowers have requested that Dutch Lenders provide a credit facility to Dutch Borrowers to finance their mutual and collective business enterprise.