US Borrowing Subsidiary definition

US Borrowing Subsidiary means any Borrowing Subsidiary that is a US Subsidiary.
US Borrowing Subsidiary means any Borrowing Subsidiary that is organized under the laws of the United States of America or any state thereof.
US Borrowing Subsidiary means any Borrowing Subsidiary that is a Domestic Subsidiary.

Examples of US Borrowing Subsidiary in a sentence

  • If no currency is specified with respect to any requested Eurocurrency Borrowing, then (i) in the case of a Borrowing by the Company, a US Borrowing Subsidiary or a Canadian Borrowing Subsidiary, the applicable Borrower shall be deemed to have selected US Dollars and (ii) in the case of a Borrowing by a UK Borrowing Subsidiary, the applicable Borrower shall be deemed to have selected Sterling.


More Definitions of US Borrowing Subsidiary

US Borrowing Subsidiary means any Borrowing Subsidiary that is organized under the laws of the United States of America or any state thereof. “ US Dollars ” or “ US$ ” refers to lawful money of the United States of America.
US Borrowing Subsidiary means any Subsidiary that is incorporated or otherwise organized under the laws of the United States or any political subdivision thereof that has been designated as a Borrowing Subsidiary pursuant to Section 2.19 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

Related to US Borrowing Subsidiary

  • 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.

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit B-1.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province thereof.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • 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.