Mexican Loan Party definition

Mexican Loan Party means the Mexican Subsidiary Borrower and any other Loan Party organized under the laws of Mexico or any state or province thereof.

Mexican Loan Party means AgileThought Digital Solutions, S.A.P.I. de C.V.

Mexican Loan Party means (a) MC Assembly Mexico S. de R.X. de C.V., (b) Radio Componentes de Mexico, S.A. de C.V., (c) SMTC de Chihuahua, S.A. de C.V., and (d) each other Foreign Subsidiary (other than an Excluded Subsidiary) of the Parent organized under the laws of Mexico. 120535197v14

Examples of Mexican Loan Party in a sentence

• Each Mexican Loan Party agrees that such service (1) shall be deemed in every respect effective service of process upon it in any such suit, action or proceeding and (2) shall, to the fullest extent permitted by Applicable Law, be taken and held to be valid personal service upon and personal delivery to it.

• Each Mexican Loan Party hereby irrevocably designates, appoints, authorizes and empowers the Borrower Agent as its agent for service of process at its address specified in Section 16.6 hereunder, to receive and forward on its behalf any and all service of process, notices or other documents that may be served in any suit, action or proceeding relating hereto.

• Each Mexican Loan Party consents to process served in any suit, action or proceeding of the nature referred to in this Section by serving a copy thereof upon the Borrower Agent.

• To the extent Inventory held for sale or lease has been produced by any Loan Party, it has been and will be produced by such Loan Party in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder, and, in the case of a Mexican Loan Party, in accordance with Applicable Laws in Mexico.

More Definitions of Mexican Loan Party

Mexican Loan Party means any Loan Party organized in Mexico or a jurisdiction located within Mexico. “ Mexico ” shall mean the United Mexican States.

Mexican Loan Party means each Loan Party that is organized under the laws of Mexico or any province, territory or other political subdivision thereof. “Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their Permitted Discretion. “Moody’s” means Xxxxx’x Investors Service, Inc. and any successor thereto. “Mortgage” or “Mortgages” means, individually and collectively, as the context requires, each of the fee or leasehold mortgages, deeds of trust, deeds and other similar security documents executed by a Loan Party that purport to xxxxx x Xxxx to the Administrative Agent (or a trustee for the benefit of the Administrative Agent) for the benefit of the Secured Parties in any Mortgaged Properties, in form and substance satisfactory to the Administrative Agent. “Mortgaged Property” means any owned or leased property of a Loan Party listed on Schedule 5.21(g)(i) and, thereafter, shall include each other Material Real Property with respect to which a Mortgage is granted pursuant to Section 6.14(b). “Mortgaged Property Support Documents” means, with respect to any Material Real Property to be subject to a Mortgage, such documents, instruments and agreements as the Administrative Agent may reasonably require in connection with such Material Real Property, including, without limitation, flood zone certifications, title insurance policies, surveys, zoning reports, assignments of leases and rents, fixture filings, and opinions of counsel, in each case in form and substance reasonably satisfactory to the Administrative Agent. “Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which the Borrower or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five (5) plan years, has made or been obligated to make contributions. “Multiple Employer Plan” means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA.