Examples of Singapore Borrower in a sentence
Notwithstanding the foregoing, at all times the Singapore Collateral shall include all proceeds of all Intellectual Property of Singapore Borrower (whether acquired upon the sale, lease, license, exchange or other disposition of such Intellectual Property) and all other rights arising out of such Intellectual Property.
Singapore Borrower hereby grants Bank, to secure the prompt payment and performance in full of all of the Singapore Obligations, a continuing security interest in, and pledges to Bank, the Singapore Collateral, wherever located, whether now owned or hereafter acquired or arising, and all proceeds and products thereof.
Simultaneous thereto, the Company and the Singapore Borrower shall deliver (or otherwise give effect to) the Consideration in exchange for the Holder’s Notes whereupon such Notes shall be deemed automatically cancelled.
The Singapore Borrower may at any time terminate the Singapore Revolving Commitments in their entirety upon (i) the payment in full of all outstanding Singapore Loans, together with accrued and unpaid interest thereon, (ii) the payment in full of the accrued and unpaid fees owing by the Singapore Borrower, and (iii) the payment in full of all reimbursable expenses and other Obligations of the Singapore Borrower together with accrued and unpaid interest thereon.
Issuances of Letters or Credit to Singapore Borrower are subject to the overadvance provision in Section 2.2.