Examples of Revolving Loan Borrowers in a sentence
The Pledgors hereby acknowledge that pursuant to the terms of the Credit Agreement various Canadian Revolving Loan Borrowers may become a party to the Credit Agreement from time to time and incur Loans thereunder.
On or prior to the Effective Date, there shall have been delivered to the Administrative Agent (i) for the account of each of the Lenders (subject to Section 2.06(e)) the appropriate Revolving Notes executed by the appropriate Borrower or Borrowers, in each case in the amount, maturity and as otherwise provided herein and (ii) such Drafts and powers of attorney executed by the Canadian Revolving Loan Borrowers as may be requested by the Canadian Lenders pursuant to Schedule III.
In connection with the Revolving Loan, Borrowers executed an Amended and Restated Revolving Note dated December 17, 2020 in the original principal amount of$40,000,000 (the “ Revolving Note”).
Keys must be secured on- site with restricted access by use of a locking storage system.
Prior to the transfer by the U.S. Borrower of any note or negotiable instrument evidencing any indebtedness of the Canadian Revolving Loan Borrowers to the U.S. Borrower, the U.S. Borrower shall xxxx such note or negotiable instrument with a legend that the same is subject to this subordination.