Examples of Swedish Borrower in a sentence
The Swedish Borrower may designate any Incremental Arranger of any New Loan Commitments with such titles under the New Loan Commitments as the Borrowers may deem appropriate.
If the Administrative Agent or Security Agent or a controlling Affiliate of the Administrative Agent or the Security Agent is subject to an Agent-Related Distress Event, the Swedish Borrower may remove such Agent from such role upon ten (10) days’ written notice to the Lenders.
In no event shall the Scottish Borrower, the Swedish Borrower or any other Foreign Subsidiary of Parent guaranty the obligations of any Domestic Borrower hereunder or under the Other Loan Documents.
Xxxx Xxxxxxxx, Xxxxxx X0X 0X0 Phone: 000-000-0000 Fax: 000-000-0000 Attention: Corporate Secretary Initial Swedish Borrower: c/o Domtar Corporation 000 xx Xxxxxxxxxxx Xxxx.
Such Obligor will not, and will not permit any of its Subsidiaries to, enter into any amendment to or modification of its organizational documents in a manner that could be materially adverse to the rights or remedies of Administrative Agent and the Lenders (other than amendments to effect the dissolution of the Swedish Borrower and/or the Cayman Borrower in connection with the Permitted Restructuring).
The Administrative Agent will promptly notify each Appropriate Lender of the contents of any such prepayment notice so received from the Swedish Borrower, including the date on which such prepayment is to be made (the “Prepayment Date”).
Subject to Section 2.17, each prepayment of any outstanding Term Loan Tranche pursuant to this Section 2.05(a) shall be applied to the remaining amortization payments of the applicable Term Loan Tranche as directed by the Swedish Borrower (or, if the Swedish Borrower has not made such designation, in direct order of maturity); and each such prepayment shall be paid to the Appropriate Lenders on a pro rata basis to the Lenders within such applicable Term Loan Tranche.
The Administrative Agent or the Swedish Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices or communications.
If at any time the Group has cash and Cash Equivalents in excess of $50,000,000 and there are loans outstanding under the Sustainable Revolving Credit Facility Agreement, the Swedish Borrower shall promptly repay loans outstanding under the Sustainable Revolving Credit Facility Agreement in an amount equal to the lesser of (x) the amount of outstanding loans under the Sustainable Revolving Credit Facility Agreement or (y) the amount of such excess cash and Cash Equivalents in excess of $50,000,000.
At any time that Four Quarter Consolidated EBITDA is not greater than zero, the Swedish Borrower shall ensure that at least $100,000,000 of available Sustainable Revolving Credit Facility Commitments remain undrawn (the “RCF Draw-Stop”).