European Credit Party definition

European Credit Party means the European Borrower and each European Subsidiary Guarantor.
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European Credit Party means each of European Borrower, IMC, Swissco and each of their respective Subsidiaries (other than the Excluded European Subsidiaries and any newly formed or acquired Subsidiary which has not yet undertaken the obligations of a “Credit Party” under the Credit Agreement in a manner satisfactory to Agent).
Sample 1
European Credit Party means each Credit Party organized under the laws of Austria or the Netherlands or, if applicable, France, Germany or Italy.
Sample 1Sample 2

Examples of European Credit Party in a sentence

  • Each European Credit Party will maintain business interruption insurance providing coverage for a period of at least six (6) months and in an amount not less than $12,000,000, and each US Credit Party will maintain business interruption insurance providing coverage for a period of at least six (6) months and in an amount not less than $11,000,000.

  • Xxxxx, Managing Director ALERIS ALUMINUM UK LIMITED, as a European Credit Party By: Xxxx X.

  • Agent shall have received a joinder agreement, in form and substance satisfactory to Agent, duly executed by IMC pursuant to which, INTER ALIA, IMC joins the Credit Agreement and the other Loan Documents as an European Credit Party thereunder.

  • Xxxxx, President ALERIS RECYCLING HOLDING B.V., as a European Credit Party By: Xxxx X.

  • Xxxxx, Manager ALERIS RECYCLING (SWANSEA) LIMITED, as a European Credit Party By: Xxxx X.

  • Stack, President ALERIS ALUMINUM BELGIUM BVBA, as a European Credit Party By: Sean M.

  • Xxxxx, Director ALERIS ALUMINUM FRANCE SAS, as a European Credit Party By: Xxxx X.

  • Stack, Director ALERIS ALUMINUM FRANCE SAS, as a European Credit Party By: Sean M.

  • Each Credit Party shall cause Administrative Agent (or with respect to any European Credit Party, the European Security Agent), pursuant to endorsements and/or assignments in form and substance reasonably satisfactory to such Agent, to be named as lender's loss payee in the case of casualty insurance, additional insured in the case of all liability insurance and assignee in the case of all business interruption insurance, in each case for the benefit of Agents and Lenders.

  • Annex A of the Credit Agreement is hereby amended as of the Seventh Amendment Effective Date by deleting the word “and” before clause (l) in the definition of “Excluded European Subsidiaries” and adding “, (m) China Newco and (n) Singapore Newco until such time as Singapore Newco becomes a European Credit Party under the Credit Agreement” at the end of such clause (l) therein.


More Definitions of European Credit Party

European Credit Party means each of DF and its Subsidiaries.
Sample 1

Related to European Credit Party

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • 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.

  • Foreign Credit Party means a Credit Party which is not a Domestic Credit Party.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

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

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

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

  • 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.

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

  • Canadian Borrower as defined in the preamble hereto.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • means Borrower s forecasted consolidated and consolidating: (a) balance sheets; (b) profit and loss statements; (c) cash flow statements; and (d) capitalization statements, all prepared on a Subsidiary by Subsidiary or division-by-division basis, if applicable, and otherwise consistent with the historical Financial Statements of the Borrower, together with appropriate supporting details and a statement of underlying assumptions.

  • Borrower Group means the Borrower and each of its Subsidiaries.

  • Parent Borrower as defined in the preamble hereto.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

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

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

  • Loan Party means the Borrower and each Guarantor.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Canadian Administrative Agent means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as Canadian administrative agent for the Lenders hereunder.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • Specified Credit Party means any Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 12.17).

  • Subsidiary Borrower any Subsidiary of the Borrower that becomes a party hereto pursuant to Section 10.1(c)(i) until such time as such Subsidiary Borrower is removed as a party hereto pursuant to Section 10.1(c)(ii).