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Successor Parent Borrower definition

Successor Parent Borrower has the meaning specified in Section 7.04(d).
Successor Parent Borrower shall have the meaning provided in Section 10.3(a).
Successor Parent Borrower has the meaning assigned to such term in ‎Section 6.07(a).

Examples of Successor Parent Borrower in a sentence

  • Upon execution and delivery by the Administrative Agent and a Restricted Subsidiary or Successor Parent Borrower of a Security Agreement Supplement, such Restricted Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein.

  • At all times from and after the Effective Date, all references to the “Parent Borrower” in the Credit Agreement or any of the other Loan Documents and any and all certificates and other documents executed by the Predecessor Parent Borrower in connection therewith shall be deemed to refer to the Successor Parent Borrower.

  • The market facilitator is typically aware of the number of kWh saved based on the measures that will be implemented.

  • The Successor Parent Borrower reaffirms, as of the effectiveness of this Joinder Agreement, its obligations under the Loan Documents to which it is party.

  • A set of the copies of this Joinder Agreement signed by all the parties shall be delivered to the Successor Parent Borrower and the Administrative Agent.

  • This Agreement shall be binding upon and inure to the benefit of the Successor Parent Borrower and its permitted successors and assigns, and the Administrative Agent, Collateral Agent, and the Lenders and their respective successors and permitted assigns.

  • From and after the date hereof, all references to the term “Parent” in the Credit Agreement or any other Loan Document shall be deemed to be a reference to, and shall include, the Successor Parent Borrower.

  • This wealth of developmentally appropriate childcare practices is gradually becoming extinct, in the humdrum of more modern provisions and changing social realities.

  • Remodeling of experimental arteriovenous fistula with increased matrix metalloproteinase expression in rats.

  • The Successor Parent Borrower hereby ratifies and reaffirms the validity of the Credit Agreement and such other Loan Documents and all of its obligations and liabilities (including the Obligations) arising thereunder.


More Definitions of Successor Parent Borrower

Successor Parent Borrower shall have the meaning assigned to such term in the definition ofPermitted Holdings Amalgamation”.
Successor Parent Borrower as defined in Section 6.4(g).
Successor Parent Borrower has the meaning specified in Section 7.04(d). “Supermajority Required Lenders” means at any time, the holders of more than 66.67% of the Total Revolving Credit Commitments then in effect or, if the Revolving Credit Commitments have been terminated, the Total Revolving Credit Exposure; provided that the Revolving Credit Exposure and Revolving Credit Commitment of any Defaulting Lender shall be disregarded in making any determination under this definition. In the event that there are (x) less than three (3) unaffiliated Lenders party to the Loan Documents, the Supermajority Required Lenders shall be all Lenders or (y) three (3) or more unaffiliated Lenders party to the Loan Documents, the Supermajority Required Lenders shall include each Lender, if, and only if, at the time of any relevant amendment, consent waiver or other modification (1) Specified Availability has been less than the greater of (a) 15.0% of the Line Cap and (b) $15,000,000 for a period of five (5) consecutive Business days and (2) such Lender’s Revolving Credit Commitment at such time is greater than 65% of its Revolving Credit Commitment as of the Closing Date. “Supported QFC” has the meaning specified in Section 10.22. “Swap” means any agreement, contract, or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act. “Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any -64
Successor Parent Borrower has the meaning specified in Section 7.04(d). “Supported QFC” has the meaning specified in Section 10.22.

Related to Successor Parent Borrower

  • Successor Parent with respect to any Person, means any other Person with more than 50% of the total voting power of the Voting Stock which is, at the time the first Person becomes a Subsidiary of such other Person, “beneficially owned” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act) by one or more Persons that “beneficially owned” (as so defined) more than 50% of the total voting power of the Voting Stock of the first Person immediately prior to the first Person becoming a Subsidiary of such other Person.

  • Parent Borrower as defined in the preamble hereto.

  • Successor Borrower has the meaning assigned to such term in Section 6.07(a).

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

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

  • Successor Company shall have the meaning specified in Section 11.01(a).

  • 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.