Foreign Borrowers definition

Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.
Foreign Borrowers means, as of any date of determination and individually or collectively (as the context may require), any Borrower not incorporated, formed or organized within the United States, and listed on Schedule A-2 attached hereto.
Foreign Borrowers means each Subsidiary of the Parent Borrower that becomes a Foreign Borrower pursuant to Section 1.08, in each case together with its successors and, in each case, that has not ceased to be a Foreign Borrower as provided in Section 1.08.

Examples of Foreign Borrowers in a sentence

  • The Company agrees that it shall have no right of subrogation, indemnity, reimbursement or contribution against the Foreign Borrowers for amounts paid under this Article X until such time as the Guaranteed Obligations have been paid in full and the Commitments have expired or terminated.

  • For the avoidance of doubt, the obligations of the Foreign Borrowers under the Loan Documents are several, and each Foreign Borrower is exclusively liable for its own obligations under the Loan Documents.

  • For the avoidance of doubt, each of the Borrowers and each of the Lenders acknowledges and agrees that, notwithstanding anything to the contrary in this Agreement or any of the other Loan Documents, the obligations of the Foreign Borrowers under this Agreement or any of the other Loan Documents shall be several and separate and distinct from the obligations of the Company and the other Foreign Borrowers, and shall be expressly limited to the obligations of such Foreign Borrower.

  • In furtherance of the foregoing, each of the parties acknowledges and agrees that the liability of any Foreign Borrower for the payment and performance of its covenants, representations and warranties set forth in this Agreement and the other Loan Documents shall be several from but not joint with the obligations of the Company and the other Foreign Borrowers (provided that, for the avoidance of doubt, the Company shall be jointly and severally liable for the obligations of the Foreign Borrowers).


More Definitions of Foreign Borrowers

Foreign Borrowers means, collectively, the Canadian Borrower and the European Borrowers.
Foreign Borrowers means, collectively, (a) Coordination Center and (b) any Acceding Borrower that is not domiciled in the United States.
Foreign Borrowers shall have the meaning provided in the preamble to this Agreement.
Foreign Borrowers means, collectively, each Foreign Subsidiary of the Company party hereto in the capacity of a Borrower pursuant to, and in accordance with, Section 2.15. As of the Closing Date, the only Foreign Borrowers are the Canadian Borrower and the U.K. Borrower.
Foreign Borrowers means the Canadian Borrower and the Lux Borrower.
Foreign Borrowers means the Australian Borrowers and the Canadian Borrower.
Foreign Borrowers means, collectively, each Borrower that is not a U.S. Borrower.