Proceeds Loan Borrowers definition

Proceeds Loan Borrowers means the Company and each other person that has acceded to the Covenant Agreement as an Obligor (as defined therein) and the Proceeds Loan Agreement as a Borrower (as defined therein).
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Proceeds Loan Borrowers means UPC Nederland B.V., any and all successors thereto, and any permitted assignees thereof and any other borrower from time to time under an Additional Proceeds Loan.
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Proceeds Loan Borrowers means in respect of each Proceeds Loan, either an Original Proceeds Loan Borrower or, if the JV Escrow Release occurs, the New Proceeds Loan Borrower, any and all successors thereto, and any permitted assignees thereof under the Proceeds Loan Agreement.
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Examples of Proceeds Loan Borrowers in a sentence

  • Investors should consult their own independent advisors and make their own assessment about the potential risks imposed by the Benchmarks Regulation reforms in making any investment decision with respect to any Notes referencing a benchmark.USE OF PROCEEDS The proceeds from the issuance of each Tranche of the Notes will be on-lent to the Proceeds Loan Borrowers.

  • We intend to provide funds to the Issuer in order for the Issuer to meet its obligations under the Notes principally, through payments payable by the Proceeds Loan Borrowers under the Proceeds Loan.

  • Negative developments in connection with any such factors or at the level of each subsidiary, including any impairment of the ability by such subsidiary to continue making distributions of cash or repaying any outstanding balances under the inter-company loans to the Proceeds Loan Borrowers could have a material adverse effect on the ability of the Proceeds Loan Borrowers to repay any outstanding balances under the Proceeds Loans.

  • Certain of the Proceeds Loan Borrowers may act as Subsidiary Guarantors for one or more Tranches of the Notes.

  • On the Escrow Release Date, the Issuer will loan all of the proceeds of the offering of the Notes issued on the Issue Date to one or more of the Proceeds Loan Borrowers pursuant to the Proceeds Loans.

  • To cover their operating costs, the Proceeds Loan Borrowers rely on, among other things, distributions received from their subsidiaries and other investment interests or, as the case may be, scheduled repayments of loans granted to the subsidiaries.

  • We intend to provide funds to the Proceeds Loan Borrowers to service the payments under the Proceeds Loan principally, through the provisions of inter-company loans and dividends and other distributions.

  • If the operating and other subsidiaries within our Group do not fulfill their obligations under any such intercompany loans or do not or are unable to otherwise distribute cash to the Proceeds Loan Borrowers, and in turn to the Issuer, in order for the Issuer to make scheduled payments on the Notes, the Issuer may not be able to make payments to the holders of the Notes and may become insolvent.


More Definitions of Proceeds Loan Borrowers

Proceeds Loan Borrowers means, in respect of each Proceeds Loan, either UPC Nederland Holding III B.V. or Ziggo BV, any and all successors thereto, and any permitted assignees thereof under the Proceeds Loan Agreement.
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Proceeds Loan Borrowers means, in respect of each Proceeds Loan, either the Company or UPC NL Holdco, any and all successors thereto, and any permitted assignees thereof under the Proceeds Loan Agreement.
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Related to Proceeds Loan Borrowers

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • 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.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

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

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Subordinated Lenders means the holders of Subordinated Debt.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.