Foreign Loan Parties definition

Foreign Loan Parties means, collectively, the Foreign Subsidiaries of the Company that are Designated Borrowers.
Foreign Loan Parties means Irish Holdco and each Foreign Subsidiary that is a Subsidiary Guarantor.
Foreign Loan Parties means the Foreign Borrower and the Foreign Guarantors.

Examples of Foreign Loan Parties in a sentence

  • The Transactions are within each Loan Party’s corporate powers and (i) in the case of U.S. Loan Parties, have been duly authorized by all necessary corporate, stockholder, and shareholder action and (ii) in the case of Foreign Loan Parties, will have been duly authorized by all necessary corporate stockholder and shareholder action as of the date when the first Loan is made to the applicable Additional Borrower hereunder.

  • Upon satisfaction of the conditions specified in Section 5.3, such Subsidiary shall for all purposes be a party hereto as an Additional Borrower as fully as if it had executed and delivered this Agreement, and the Borrowers shall be jointly and severally liable for the Obligations (limited to, with respect to any Borrower that is a Foreign Subsidiary, the Obligations of Foreign Loan Parties).

  • Subject to the limitation of liability of Foreign Loan Parties as expressly set forth in this Section 12.14, all Obligations of the Borrowers and Guarantors are joint and several.

  • The Borrowers acknowledge and agree that each Borrower materially benefits from the arrangements made pursuant to Section 2.5.6 and the Cash Management Agreements, and each Borrower shall be jointly and severally liable, subject to Section 12.14 [Foreign Loan Parties], for all Obligations, including without limitation, those arising from the operation of this Section.

  • Subject to the limitations set forth in Section 12.14 [Foreign Loan Parties] and to the extent not previously paid, the Borrowers, jointly and severally, shall repay in full the outstanding principal amount of the Revolving Credit Loans together with all outstanding interest thereon and all fees and other amounts owing under any of the Loan Documents relating thereto on the Expiration Date or upon the earlier termination of the Revolving Credit Commitments in connection with the terms of this Agreement.


More Definitions of Foreign Loan Parties

Foreign Loan Parties any Additional Borrower that is a Foreign Subsidiary and any other Foreign Subsidiary that is party to the Foreign Guarantee Agreement.
Foreign Loan Parties means, individually and collectively, the Loan Parties other than the US Loan Parties.
Foreign Loan Parties means, collectively, the Canadian Loan Parties and the UK Loan Parties.
Foreign Loan Parties means the Bermuda Borrower and any Foreign Guarantor.
Foreign Loan Parties means each Foreign Borrower and each Foreign Subsidiary Loan Party.
Foreign Loan Parties means Holdings, Lux Borrower and each Foreign Subsidiary that is a Borrower or a Subsidiary Guarantor.
Foreign Loan Parties means each Loan Party that is not organized under the laws of a jurisdiction located in the United States of America.