Intercompany Borrower definition

Intercompany Borrower means each Subsidiary of European Borrower that executes and delivers a French Intercompany Loan Agreement.

Intercompany Borrower means a borrower under an Intercompany Loan Agreement.

Intercompany Borrower means, if and only if approved in writing by the Administrative Agent and Required Lenders and only to the extent so approved, any one or more of Holdings and, except for Coho Shell, one or more Restricted Subsidiaries of Holdings.

Examples of Intercompany Borrower in a sentence

• No Subordinated Party shall commence, or join with any other creditor or creditors of any Intercompany Borrower in commencing, any Proceeding against such Intercompany Borrower.

• Each Intercompany Borrower promises also to pay interest on the unpaid principal amount of all such loans and advances in like money at said location from the date of such loans and advances until paid at such rate per annum as shall be agreed upon from time to time by such Intercompany Borrower and such Intercompany Lender.

• Except as expressly permitted by the LC Credit Agreement, no Intercompany Lender shall (i) acquire any Lien on any asset of any Intercompany Borrower or (ii) accept any guaranties from any other Company or from any other Subsidiary of any Obligor in each case with respect to the Subordinated Indebtedness.

• Subject to and from and after the indefeasible payment in full of all Obligations, the Subordinated Parties shall be subrogated to any rights of the Secured Parties to receive payments or distributions of cash, property or securities of any Intercompany Borrower applicable to any Subordinated Claims until all amounts owing on such Subordinated Claims shall be paid in full.

• This Promissory Note shall be governed by, and construed in accordance with, the laws of [Intercompany Borrower Jurisdiction], without giving effect to principles of conflict of laws thereof.

More Definitions of Intercompany Borrower

Intercompany Borrower means each borrower of any Intercompany Loan.

Intercompany Borrower means any Loan Party in its capacity as borrower under any Intercompany Loan Agreement.

Intercompany Borrower means Norsk Teekay AS being a company incorporated according to the laws of Norway with Enterprise No. 985 030 235.

Intercompany Borrower means each JD Entity that executes and delivers an Intercompany Note.

Intercompany Borrower as defined in Section 6.1(q).

Intercompany Borrower shall have the meaning assigned to it in Section 6.3.

Intercompany Borrower means BCP Crystal Acquisition GmbH & Co. KG, a limited partnership established under the laws of Germany and registered with the commercial register at the local court of Stuttgart under registration number HRA 13860.