German Borrowers definition

German Borrowers means each Subsidiary of European Borrower organized under the laws of the Federal Republic of Germany, and designated as such on Schedule 1.1(d), and each other Subsidiary of European Borrower organized under the laws of the Federal Republic of Germany and requested by European Borrower to be a German Borrower, subject to the approval of Administrative Agent.

German Borrowers means (i) LKQ German Holdings GmbH, a German limited liability company (Gesellschaft mit beschränkter Haftung) and (ii) any other Foreign Subsidiary Borrower organized under the laws of Germany that is designated as a German Borrower by the Company.

German Borrowers means the German-1 Borrower and the German-2 Borrower and “German Borrower” shall mean either one of them.

Examples of German Borrowers in a sentence

• The German Borrowers shall take all appropriate corporate action required to authorize and ratify the execution and delivery of the Loan Documents by the German Borrowers and the consummation of the transactions thereunder by such German Borrowers.

• The German Borrowers shall deliver to the Administrative Agent an Opinion of their German counsel in a form acceptable to the Administrative Agent which confirms the capacity of the German Borrowers in execution and performance of the relevant Loan Documents, and confirms the enforceability under the Laws of Germany of a judgment rendered against such German Borrowers under the Laws of the United States.

• In no event may the Canadian Borrower or any of the German Borrowers be designated as an Unrestricted Subsidiary.

• Without prejudice to the operation of Section 2.15, provided the Lenders are Qualifying Lenders and subject to the completion by the Lenders of any procedural formalities, none of the German Borrowers, the U.K. Borrower or the Irish Borrower is required to make any deduction for or on account of Tax from any payment it may make under this Agreement.

• Notwithstanding the foregoing, each of the Canadian Borrower and the German Borrowers shall be liable only for any Protective Advances made to them individually.

More Definitions of German Borrowers

German Borrowers shall have the meaning specified in the introductory paragraph to this Agreement.

German Borrowers means (i) Allmess GmbH, a Germany limited liability company, registered with the commercial register of the local court (Amtsgericht) of Lübeck under HRB 233 OL, (ii) Itron Holding Germany GmbH, a Germany limited liability company, registered with the commercial register of the local court (Amtsgericht) of Mannheim under HRB 110522, (iii) Itron GmbH, a Germany limited liability company, registered with the commercial register of the local court (Amtsgericht) of Mannheim under HRB 106481, (iv) Itron Xxxxxx & Systemtechnik GmbH, a Germany limited liability company, registered with the commercial register of the local court (Amtsgericht) of Hanover under HRB 100575 and (v) any other Foreign Subsidiary organized under the laws of the Federal Republic of Germany and designated as a Foreign Borrower pursuant to Section 2.23.

German Borrowers means Bidco and each member of the Group incorporated in Germany which is entitled to become a borrower and becomes a borrower hereunder by executing an Accession Notice after the date of this Agreement;

German Borrowers have the respective meanings assigned to such terms in the recitals hereto.

German Borrowers means GDTG, Goodyear KG and Dunlop KG.

German Borrowers each has the meaning specified in the introductory paragraph hereto.

German Borrowers means (i) Allmess GmbH, a Germany limited liability company, registered with the commercial register of the local court (Amtsgericht) of Lübeck under HRB 233 OL, (ii) Itron Holding Germany GmbH, a Germany limited liability company, registered with the commercial register of the local court (Amtsgericht) of Mannheim under HRB 110522, (iii) Itron GmbH, a Germany limited liability company, registered with the commercial register of the local court (Amtsgericht) of Mannheim under HRB 106481, (iv) Itron Zähler & Systemtechnik GmbH, a Germany limited liability company, registered with the commercial register of the local court (Amtsgericht) of Hanover under HRB 100575 and (v) any other Foreign Subsidiary organized under the laws of the Federal Republic of Germany and designated as a Foreign Borrower pursuant to Section 2.23.