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, Swissco and Orgenics Holdings, Morpheus LLC and each of their respective Subsidiaries (other than the Excluded European Subsidiaries).
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.
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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.

  • Each European Credit Party thereof acknowledges and agrees that all cash, checks or other items of payment constituting proceeds of Collateral are part of the Collateral.

  • Stack, Managing Director ALERIS ALUMINUM UK LIMITED, as a European Credit Party By: Sean M.

  • 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.

  • 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.

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

  • Any such prepayment shall be made by the applicable Borrower and applied in accordance with Section 1.5(e); provided, that upon receipt by any European Credit Party of Net Proceeds from the sale of the German Property during any Fiscal Year, European Borrowers shall prepay pro rata the remaining Scheduled Installments of the European Term Loan A.

  • In order for there to be sufficient time for on-site interviews during the visit, a narrated tour should not take place during the Virtual Visit.

  • No European Credit Party shall license or otherwise transfer any of its Intellectual Property rights for use in North America nor sell or otherwise transfer any of its Licensed Products for use in North America (or distribution rights in respect thereof) to any Person, without the written consent of Administrative Agent, other than (x) Holdco and the US Borrower, and (y) pursuant to the Canadian Distribution Agreement with respect to Canada.

  • In the event any Credit Party fails to provide Administrative Agent with evidence of the insurance coverage required by this Agreement, Administrative Agent (or with respect to any European Credit Party, the European Loan Agent or the European Security Agent) may purchase such insurance at such Credit Party's expense to protect such Agent's interest in the Collateral.


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 and that is not a CFC.

  • Non-Credit Party means any 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:

  • Borrower Group has the meaning provided in Section 10(c) hereof.

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

  • 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 has the meaning assigned to such term in the preamble of this Agreement.

  • Specified Credit Party means any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.11).

  • 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”.