Other Subsidiary Borrower definition

Other Subsidiary Borrower means each Subsidiary that is a Borrower under(i) with respect to the Multicurrency Revolving Facility and listed as an Other, each Multicurrency Subsidiary Borrower on Schedule 1.1(d) as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with Section 2.15 or otherwise in accordance with the terms of this Agreement; provided that each Person that becomes an Other Subsidiary Borrower after the Closing Date must be organized in a jurisdiction as to which all Multicurrency Revolving Lenders have confirmed to the Administrative Agent their ability and willingness to make Loans into such jurisdiction; provided further, that no such Lender confirmation shall be required with respect to any new Other Subsidiary Borrower organized in a jurisdiction (x) in which any Borrower was organized on the Closing Date or (y) in which any Other Subsidiary Borrower is organized., (ii) with respect to the USD Revolving Facility, each USD Subsidiary Borrower, and (iii) with respect to each Additional Revolving Facility, each Subsidiary that becomes a borrower under such facility in accordance with the terms thereof.
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Other Subsidiary Borrower means each Subsidiary listed as an Other Subsidiary Borrower in Schedule 1.1(d) as amended from time to time in accordance with Section 12.1(b); provided that each Other Subsidiary Borrower must be incorporated (or similarly organized) in a jurisdiction as to which all applicable Lenders have confirmed to the Administrative Agent their ability and willingness to make Loans into such jurisdiction; provided further, that no such Lender confirmation shall be required with respect to any new Other Subsidiary Borrower organized in a jurisdiction (x) in which any Borrower is organized on the Effective Date or (y) in which any Other Subsidiary Borrower is organized.
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Other Subsidiary Borrower shall have the meaning set forth in the preamble.
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Examples of Other Subsidiary Borrower in a sentence

  • The Administrative Agent shall have received a copy of a letter appointing a process agent reasonably acceptable to the Administrative Agent as process agent for each Other Subsidiary Borrower that is not a U.S. Credit Party pursuant to Section 12.9(d) in form and substance reasonably satisfactory to the Administrative Agent.

  • The address and jurisdiction of organization or incorporation of each undersigned Other Subsidiary Borrower of Company is set forth in Annex I to this Joinder Agreement.

  • The address and jurisdiction of organization or incorporation of each undersigned Other Subsidiary Borrower of the Company is set forth in Annex I to this Joinder Agreement.

  • Administrative Agent will promptly notify European Holdco or such Other Subsidiary Borrower of the acceptance or rejection of any such request.

  • Company, European Holdco or such Other Subsidiary Borrower shall deliver to Administrative Agent any request for designation of an Agreed Alternative Currency in accordance with Section 12.3, to be received by Administrative Agent not later than 11:00 a.m. (New York City time) at least ten (10) Business Days in advance of the date of any Borrowing hereunder proposed to be made in such Agreed Alternative Currency.

  • Dated: [NAME OF SUBSIDIARY], as an Other Subsidiary Borrower By: Title: BALL CORPORATION By: Title: Accepted and Acknowledged: DEUTSCHE BANK AG NEW YORK BRANCH, as Administrative Agent Title: This Assignment and Assumption Agreement (this “Assignment”), is dated as of the Effective Date set forth below and is entered into by and between [the] [each] Assignor identified in item 1 below ([the] [each an] “Assignor”) and [the] [each] Assignee identified in [item 2] [item 3] below ([the] [each an] “Assignee”).

  • The Administrative Agent shall not be deemed to have knowledge of the occurrence of a Default (other than a Default of the type specified in Section 10.01(a)) unless the Administrative Agent has received notice from a Lender or the Parent, the Company, the Canadian Borrower, the Swiss Borrower or any Other Subsidiary Borrower specifying such Default and stating that such notice is a “Notice of Default”.

  • A complete and correct copy of each Organizational Document of each Domestic Subsidiary of Company, each first-tier Foreign Subsidiary of Company or a Domestic Subsidiary and any Other Subsidiary Borrower in effect on the date of this Agreement has been delivered to Administrative Agent.

  • Without limiting the provisions of paragraph (a) above, the Parent, the Company, the Canadian Borrower, the Swiss Borrower, any Other Subsidiary Borrower or any Additional Borrower shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law.

  • Whenever Company or any Other Subsidiary Borrower that is a Foreign Subsidiary desires that the European Swing Line Lender make a European Swing Line Loan under Section 2.1(f)(i)(2), it shall deliver to European Swing Line Lender prior to 1:00 p.m. (London time) (or such later time of day as European Swing Line Lender may agree in any instance in its sole discretion) on the date of such Borrowing written notice (or telephonic notice promptly confirmed in writing).


More Definitions of Other Subsidiary Borrower

Other Subsidiary Borrower means (i) with respect to the Multicurrency Revolving Facility, each Multicurrency Subsidiary Borrower, (ii) with respect to the USD Revolving Facility, each USD Subsidiary Borrower, and (iii) with respect to each Additional Revolving Facility, each Subsidiary that becomes a borrower under such facility in accordance with the terms thereof.
Sample 1
Other Subsidiary Borrower means each Subsidiary that is a Borrower under the Multicurrency Revolving Facility and listed as an Other Subsidiary Borrower on Schedule 1.1(d) as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with Section 2.15 or otherwise in accordance with the terms of this Agreement; provided that each Person that becomes an Other Subsidiary Borrower after the Closing Date must be organized in a jurisdiction as to which all Multicurrency Revolving Lenders have confirmed to the Administrative Agent their ability and willingness to make Loans into such jurisdiction; provided further, that no such Lender confirmation shall be required with respect to any new Other Subsidiary Borrower organized in a jurisdiction (x) in which any Borrower was organized on the Closing Date or (y) in which any Other Subsidiary Borrower is organized.
Sample 1
Other Subsidiary Borrower means each Foreign Subsidiary listed as an Other Subsidiary Borrower in Schedule 1.1(d) as amended from time to time in accordance with Section 12.1(b).
Sample 1

Related to Other Subsidiary Borrower

  • 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.

  • Subsidiary Borrowers as defined in the preamble hereto.

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

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

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

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

  • 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.

  • Canadian Borrower as defined in the preamble hereto.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

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

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary.

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • 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.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • 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.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • Domestic Loan Parties means, collectively, the Domestic Borrowers and each Subsidiary of the Lead Borrower that is or becomes a guarantor of the Obligations. “Domestic Loan Party” means any one of such Persons.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Dutch Borrower means any Borrower that is organized under the laws of the Netherlands.