Overseas Borrowers definition

Overseas Borrowers means (i) XCE, (ii) XCD and (iii) any other Qualified Foreign Subsidiary (as defined in the Credit Agreement) as to which an Election to Participate shall have been delivered to the Administrative Agent in accordance with Section 2.18 of the Credit Agreement; provided that the status of any of the foregoing as an Overseas Borrower shall terminate if and when an Election to Terminate (as defined in the Credit Agreement) is delivered to the Administrative Agent in accordance with Section 2.18 of the Credit Agreement.
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Overseas Borrowers means any Qualified Foreign Subsidiary as to which an Election to Participate shall have been delivered to the Administrative Agent in accordance with Section 2.14; provided that the status of any of the foregoing as an Overseas Borrower shall terminate if and when an Election to Terminate is delivered to the Administrative Agent in accordance with Section 2.14.
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Overseas Borrowers means, collectively, (a) the German Borrower and (b) any other Foreign Subsidiary which has borrowed Incremental Overseas Term Loans in accordance with Section 2.14(b).
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Examples of Overseas Borrowers in a sentence

  • The Agents and the Lenders may regard any notice (other than Borrowing Requests and requests for the issuance of Letters of Credit pursuant to Section 2.03) or other communication pursuant to any Loan Document from the Company as a notice or communication from all Borrowers, and may give any notice or communication required or permitted to be given to any Overseas Borrower or Overseas Borrowers hereunder to the Company on behalf of such Overseas Borrower or Overseas Borrowers.

  • Each of the Overseas Borrowers will, at all times, be a direct or indirect wholly owned Subsidiary of the Company.

  • Each of the Overseas Borrowers shall, at all times, be a direct or indirect Subsidiary of the Company.

  • Use, and in the case of Xerox cause the Overseas Borrowers to use, the proceeds of the Advances for general corporate purposes.

  • The Agents and the Lenders may regard any notice (other than Borrowing Requests and requests for the issuance of Letters of Credit pursuant to Section 2.04) or other communication pursuant to any Loan Document from Xerox as a notice or communication from all Borrowers, and may give any notice or communication required or permitted to be given to any Overseas Borrower or Overseas Borrowers hereunder to Xerox on behalf of such Overseas Borrower or Overseas Borrowers.

  • The Agents and the Lenders may regard any notice (other than Committed Loan Notices) or other communication pursuant to any Loan Document from the Company as a notice or communication from all Borrowers, and may give any notice or communication required or permitted to be given to any Overseas Borrower or Overseas Borrowers hereunder to the Company on behalf of such Overseas Borrower or Overseas Borrowers.

  • I am the Company Secretary of Rank Xerox Limited, a private limited company incorporated under the laws of England and Wales, and a Barrister in England and have acted as English legal adviser to the Overseas Borrowers in connection with the preparation, execution and delivery of the Credit Agreement and the Notes of each such Borrower delivered on the date hereof.

  • Doctor Acquisition Co. (to be merged with and into Reader’s Digest, “Borrower,” together with RD German Holdings GmbH and the other Overseas Borrowers, collectively, “Borrowers”), a Delaware corporation, RDA Holding Co., a Delaware corporation, The Reader’s Digest Association, Inc., a Delaware corporation, Mortgagee, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), Citicorp North America, Inc.

  • The Company, certain Overseas Borrowers, the Lenders and the Administrative Agent are party to the Original Agreement (such term and other capitalized terms used in these preliminary statements being defined in Section 1.01 hereof).

  • The Company has requested that simultaneously with the consummation of the Merger, the Lenders extend credit to the Company and the Overseas Borrowers in the form of (i) Term Loans in an initial aggregate Dollar Amount of $4,000,000,000 and (ii) a Revolving Credit Facility in an initial aggregate Dollar Amount of $1,000,000,000.


More Definitions of Overseas Borrowers

Overseas Borrowers means (i) Xerox Overseas, (ii) Xerox Capital (Europe) and (iii) any other Wholly-Owned Overseas Subsidiary as to which an Election to Participate shall have been delivered to the Funding Agent in accordance with Section 2.19(a), and their respective successors; provided that the status of any of the foregoing as an Overseas Borrower shall terminate if and when an Election to Terminate is delivered to the Funding Agent in accordance with Section 2.19(b).
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Overseas Borrowers means borrowers making or due to make repayments in accordance with Part 5;
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Related to Overseas Borrowers

  • 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.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

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

  • Subsidiary Borrowers as defined in the preamble hereto.

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

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

  • Canadian Borrower as defined in the preamble hereto.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • German Borrower means (a) any Borrower that is a resident for tax purposes in Germany and (b) any Borrower in respect of which written notice is given to the Administrative Agent (by the Company) prior to that Borrower becoming a Borrower hereunder that such Borrower is resident in Germany for German tax purposes.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • 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.

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.

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

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

  • means Borrower s forecasted consolidated and consolidating:

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Parent Borrower as defined in the preamble hereto.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Foreign Borrower means any Borrower that is organized under the laws of a jurisdiction other than the Unites States, a state thereof or the District of Columbia.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.