Israeli Borrower definition

Israeli Borrower means, collectively, Agis and/or Agis Commercial Agencies (1989) Ltd. and all other Foreign Subsidiary Borrowers organized under the laws of the State of Israel, provided that, regarding each Israeli Borrower, there shall be no limitation or restriction under Israeli law and regulations of the Bank of Israel or of other regulatory entities, to the granting of the Swingline Shekel Loans by the Swingline Shekel Lender to it, and further provided that, regarding each such other Foreign Subsidiary Borrower, its financial condition shall, in the opinion of the Swingline Shekel Lender, support and justify the Swingline Shekel Loans requested by it in the amounts requested by it..
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Israeli Borrower has the meaning specified in the introductory paragraph to this Agreement.
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Israeli Borrower has the meaning assigned to such term in the Recitals hereto.
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Examples of Israeli Borrower in a sentence

  • MELLANOX TECHNOLOGIES, LTD., as the Israeli Borrower By: /s/ ▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory MELLANOX TECHNOLOGIES, INC., as the U.S. Borrower By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Chief Financial Officer JPMORGAN CHASE BANK, N.A., as Administrative Agent By: /s/ ▇▇▇▇▇ ▇.

  • Each of the Lenders and the Administrative Agent shall be entitled to rely upon, and shall be fully protected in relying upon, any notice or communication (including any notice of borrowing) delivered by the Borrower Representative on behalf of the Israeli Borrower and/or the U.S. Borrower.

  • Each of the Israeli Borrower and the U.S. Borrower agrees that any notice, election, communication, representation, agreement or undertaking made on its behalf by the Borrower Representative shall be binding upon and enforceable against it.

  • The Borrower shall pay to each Lender on the Closing Date, an upfront fee in an amount of 1.00% of the Revolving Credit Commitments held by such Lender on the Closing Date, provided that the aggregate upfront fee shall be payable, 20% by the US Borrower to ING, 10% by the US Borrower to Comerica Bank and 20% by the Israeli Borrower to HSBC Bank plc Israel branch.


More Definitions of Israeli Borrower

Israeli Borrower has the meaning set forth in the preamble hereto.
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Related to Israeli Borrower

  • Canadian Borrower has the meaning assigned to such term in the preamble to this Agreement.

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

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

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Foreign Borrower means any Borrower that is a Foreign Subsidiary.