Foreign Swingline Borrower definition

Foreign Swingline Borrower means each Foreign Revolving Borrower that has been designated to the Administrative Agent in writing by the Company as a Foreign Swingline Borrower, provided that (x) its Maximum Credit Limit will remain unchanged and (y) there shall not be more than two Foreign Swingline Borrowers at any time and, provided, further, that the Company may revoke any such designation as to any Person at a time when no Swingline Loans are outstanding to such Person.
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Foreign Swingline Borrower has the meaning specified in Section 3.3(a).
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Foreign Swingline Borrower means each Revolving Borrower that is a Foreign Subsidiary (or Parent prior to the Restructuring Date) that has been designated to the Administrative Agent in writing by the Term Borrower as a Foreign Swingline Borrower, PROVIDED that (x) its Maximum Credit Limit will remain unchanged and (y) there shall not be more than two Foreign Swingline Borrowers at any time and, PROVIDED, FURTHER, that the Term Borrower may revoke any such designation as to any person at a time when no Swingline Loans are outstanding to such person.
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Examples of Foreign Swingline Borrower in a sentence

  • Each Foreign Swingline Borrower hereby unconditionally promises to pay in Euros to each Swingline Euro Lender the then unpaid principal amount of each Swingline Euro Loan made by such Lender to such Borrower on the earlier of the Revolving Facility Maturity Date and the last day of the Interest Period applicable to such Swingline Euro Loan.

  • Each Foreign Swingline Borrower hereby unconditionally promises to pay in Euros to each Swingline Euro Lender the then unpaid principal amount of each Swingline Euro Loan made by such Lender to such Borrower on the earlier of the Tranche 2 Revolving Facility Maturity Date and the last day of the Interest Period applicable to such Swingline Euro Loan.

  • Each applicable Foreign Swingline Borrower promises to pay interest on its Foreign Swingline Loans in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

  • The applicable Foreign Swingline Borrower may prepay Foreign Swingline Loans in accordance with terms agreed to by such Foreign Swingline Borrower and the applicable Foreign Swingline Lender, and any prepayment of a Foreign Swingline Loan shall be subject to Section 4.11.

  • Notwithstanding the forgoing, each Foreign Swingline Lender hereby agrees that interest payable by the applicable Foreign Swingline Borrower on the Foreign Swingline Loans owing to such Foreign Swingline Lender as described in Section 3.3 shall be reduced by the amount of any Foreign Currency Commitment Unused Fee received by such Foreign Swingline Lender based on its Foreign Currency Commitment equal to the amount of such Foreign Swingline Loans.

Related to Foreign Swingline Borrower

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Notice of Swingline Borrowing means a notice substantially in the form of Exhibit G (or such other form reasonably acceptable to the Administrative Agent and containing the information required in such Exhibit) to be delivered to the Swingline Lender pursuant to Section 2.4.(b) evidencing the Borrower’s request for a Swingline Loan.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

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

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • 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).

  • Swing Line Borrowing means a borrowing of a Swing Line Loan pursuant to Section 2.04.

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Swingline Bank means JPMCB, in its capacity as lender of Swingline Advances hereunder.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Canadian Borrower as defined in the preamble hereto.

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

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

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

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