Maximum Foreign Subsidiary Borrower Amount definition
Maximum Foreign Subsidiary Borrower Amount means $250,000,000.
Foreign Subsidiary Borrower means each Borrower that is a Foreign Subsidiary.
Foreign Borrowing Base means, as of any date, an amount equal to:
Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
U.S. Borrowing Base means, as of any date of determination, the result of:
Subsidiary Borrowers as defined in the preamble hereto.
Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.
Subsidiary Borrower means any Eligible Subsidiary that becomes a Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Subsidiary Borrower pursuant to such Section.
Foreign Borrowers means, as of any date of determination and individually or collectively (as the context may require), any Borrower not incorporated, formed or organized within the United States, and listed on Schedule A-2 attached hereto.
Affected Foreign Subsidiary means any Foreign Subsidiary to the extent such Foreign Subsidiary acting as a Subsidiary Guarantor would cause a Deemed Dividend Problem.
Foreign Borrower means any Borrower that is a Foreign Subsidiary.
Domestic Obligations means all Obligations other than Canadian Liabilities.
Tranche A Borrowing Base means, at any time of calculation, an amount equal to:
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.
Domestic Loans means CD Loans or Base Rate Loans or both.
Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.
Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.
U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.
Canadian Borrower as defined in the preamble hereto.
Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.
Eligible Foreign Subsidiary means any Foreign Subsidiary that is approved from time to time by the Administrative Agent.
Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.
Excluded Foreign Subsidiary any Foreign Subsidiary in respect of which either (a) the pledge of all of the Capital Stock of such Subsidiary as Collateral or (b) the guaranteeing by such Subsidiary of the Obligations, would, in the good faith judgment of the Borrower, result in adverse tax consequences to the Borrower.
Canadian Borrowers has the meaning specified in the preamble to this Agreement.
U.S. Borrower means any Borrower that is a U.S. Person.