U.K. Borrower Sublimit definition
U.K. Borrower Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $250,000,000. The U.
U.K. Borrower Sublimit means an amount equal to the lesser of the Aggregate Revolving B Commitments and $30,000,000. The UK Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving B Commitments.
U.K. Borrower Sublimit shall have the meaning set forth in Section 2.1(a).
Examples of U.K. Borrower Sublimit in a sentence
For the avoidance of doubt, notwithstanding any other provisions set forth herein, (i) the U.K. Borrower shall only be required to provide Cash Collateral hereunder on account of Letters of Credit issued under the U.K. Borrower Sublimit (if any) and (ii) the Designated Borrowers shall only be required to provide Cash Collateral hereunder on account of Letters of Credit issued under the Designated Borrower Sublimit (if any).
More Definitions of U.K. Borrower Sublimit
U.K. Borrower Sublimit means an amount equal to the lesser of the Aggregate Revolving B Commitments and $25,000,000. The UK Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving B Commitments. “Unrestricted Subsidiary” means, as of the Second Amendment Effective Date, each of (a) Bloom That, Inc. (as successor-by-merger with FTD International Corporation), a Delaware corporation, (b) FlowerFarm, Inc. (formerly known as Value Network Service, Inc.), a Delaware corporation, (c) Flowers USA, Inc., a Connecticut corporation, (d) FTD Holdings, Incorporated, a Delaware corporation, and (e) Renaissance Greeting Cards, Inc., a Maine corporation. Following the Second Amendment Effective Date, no additional Subsidiaries may be designated as Unrestricted Subsidiaries, other than the designation of any Floral Support Center SPE as an Unrestricted Subsidiary by the Company (in a written notice by the Company to the Administrative Agent); provided that (i) no Floral Support Center SPE may be designated as an Unrestricted Subsidiary if such Floral Support Center SPE (A) owns any Capital Stock of the Company or any Restricted Subsidiary, (B) holds a Lien on any assets or property of the Company or any Restricted Subsidiary, (C) has, on the date of designation, assets in excess of 5% of the consolidated assets of the Company and its Subsidiaries, (D) has, on the date of designation, gross revenues in excess of 5% of the consolidated gross revenues of the Company and its Subsidiaries, or (E) when aggregated with all other Unrestricted Subsidiaries on the date of designation, has assets in excess of 10% of the consolidated assets of the Company and its Subsidiaries or gross revenues in excess of 10% of the consolidated gross revenues of the Company and its Subsidiaries, (in the case of clauses (i)(C) through (i)(E), based on the most recent financial statements provided by the Company under Section 7.01 and determined over the most recently ended four Fiscal Quarter period for which financial statements are available); (ii) after giving effect to the designation of any Floral Support Center SPE as an Unrestricted Subsidiary, the Company will be in Pro Forma Compliance; and (iii) the Company and its Restricted Subsidiaries shall make no cash Investments in, or provide credit support to, such Floral Support Center SPEs except for (1) customary initial capital contributions made at the time such Floral Support Center SPEs are organized and (2) Contingent Obligations permitted ...
U.K. Borrower Sublimit means an amount equal to Thirty Million Dollars ($30,000,000) (determined in an equivalent amount in Dollars for each Loan denominated in Alternative Currency).