Sterling Borrower definition

Sterling Borrower means each Borrower listed under the heading “Sterling Tranche” on Schedule 2.3 and any other Borrower added to the Sterling Tranche pursuant to Section 6.12.
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Sterling Borrower has the meaning specified in the preamble to this Agreement.
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Sterling Borrower any Borrower which is organized under the laws of, and has its principal office in, the United Kingdom.
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Examples of Sterling Borrower in a sentence

  • If the requesting Sterling Borrower requests a Sterling Borrowing of, conversion to or continuation of Eurocurrency Rate Loans in any such Sterling Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month.

  • Subject to the terms and conditions set forth herein, each Sterling Term A Lender severally agrees to make a single Alternative Currency Daily Rate Advance to the Sterling Borrower on the Closing Date, denominated in Sterling, in an amount not to exceed such Sterling Term A Lender’s respective Sterling Term A Commitment, as set forth on Schedule I.

  • At any time that Base Rate Loans are outstanding, Administrative Agent shall notify the applicable Sterling Borrower and Sterling Lenders of any change in Administrative Agent’s “prime rate” used in determining the Base Rate for Sterling Loans denominated in Dollars promptly following the public announcement of such change.

  • No such funding of risk participations shall relieve or otherwise impair the obligation of any Sterling Borrower to repay any Fronting Lender, together with interest as provided herein.

  • If the requesting Sterling Borrower fails to specify a currency in a Sterling Loan Notice requesting a Sterling Borrowing, then the Sterling Loans so requested shall be made in Dollars.

  • Administrative Agent shall promptly notify the applicable Sterling Borrower and Sterling Lenders of the interest rate applicable to any Interest Period for Eurocurrency Rate Loans upon determination of such interest rate.

  • If such notice is given by such Sterling Borrower, then such Sterling Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein.


More Definitions of Sterling Borrower

Sterling Borrower means initially Ring PLC, a limited company organized under the laws of England and Wales (Registered in England No. 29796), and after Ring PLC became a private company (September 19, 2000), shall mean Ring Limited, a limited company organized under the laws of England and Wales (Registered in England No. 29796), and its successor and assigns.
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Sterling Borrower means each of Newco and Adience.
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Sterling Borrower one or more of the following: Tiffany, Tiffany International or Tiffxxx & Xo., a corporation organized under the laws of the United Kingdom and whose principal office is located in the United Kingdom.
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Sterling Borrower means Ring Limited, a limited company organized under the laws of England and Wales (Registered in England No. 29796), and its successor and assigns.
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Related to Sterling Borrower

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

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

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

  • 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 Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

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

  • German Borrower means a Borrower incorporated in Germany.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

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

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • Canadian Borrower as defined in the preamble hereto.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

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

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

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

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

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

  • Swiss Borrower means a Borrower incorporated, or for tax purposes resident, in Switzerland.

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

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

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

  • Borrowing Subsidiary means, at any time, any Subsidiary of the Company designated as a Borrowing Subsidiary by the Company pursuant to Section 2.19 that has not ceased to be a Borrowing Subsidiary pursuant to such Section or Article 7.

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

  • 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.

  • Original Borrower means, as the context requires, any of them;

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