US Facility Borrower definition

US Facility Borrower means the US-Borrower, the Singapore Borrower, the Australia Borrower and the Euro Holding Company.”
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US Facility Borrower shall have the meaning therefor set forth in the introduction hereto.
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US Facility Borrower has the meaning specified in the introductory paragraph hereto.
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Examples of US Facility Borrower in a sentence

  • Failure by the Global Agent to give such notice to the US Facility Borrower as a result of not receiving the consent of all Lenders to such extension shall constitute refusal by the Lenders to extend the US Facility Revolving Credit Termination Date.

  • The US Facility Agent may, but shall not be obligated to, debit the amount of any such payment which is not made by such time to any ordinary deposit account, if any, of the US Facility Borrower with the US Facility Agent.

  • The US Facility Borrower shall give the US Facility Agent prior telephonic notice of any payment of principal, such notice to be given by not later than 11:00 A.M. (New York, New York time), on the date of such payment.

  • The liability of each of the US Facility Borrowers under the immediately preceding two sentences shall be limited to the maximum amount for which such other US Facility Borrower may be liable without violating any applicable fraudulent conveyance, fraudulent transfer or comparable laws.

  • The principal amount of any Eurodollar Rate Loan may be prepaid only at the end of the applicable Interest Period unless the US Facility Borrower shall pay to the US Facility Agent for the account of the US Facility Lenders the additional amount, if any, required under Section 6.05.

  • Notwithstanding the foregoing, so long as any US Facility Lender fails to make available any portion of its US Facility Fronting Commitment when properly requested by the US Facility Borrower, such US Facility Lender shall not be entitled to receive payment of its pro rata share of such Facility Fee until such US Facility Lender shall make available such portion.

  • To the extent of any inconsistency between these TC’s and your Registration, your Registration shall prevail.

  • The Parent and each other US Facility Borrower hereby acknowledges and agrees that it is jointly and severally liable as primary obligor and not merely as surety for all Obligations of the Offshore Facility Borrowers and the Parent will be co-applicant upon all Offshore Facility Letters of Credit.

  • Each US Facility Borrower shall retain any right of contribution arising under applicable law against the other US Facility Borrowers as the result of the satisfaction of any Obligations; provided, no US Facility Borrower shall assert such right of contribution against any other US Facility Borrower until the Obligations shall have been paid in full.

  • The Agent may, but shall not be obligated to, debit the amount of any such payment which is not made by such time to any ordinary deposit account, if any, of any US Facility Borrower with the Agent.


More Definitions of US Facility Borrower

US Facility Borrower contained therein and to replace said definitions as follows: “‘Borrowers’ (each a ‘Borrower’) means each of Xxxxxxxxxx Electronics, Ltd., a Delaware corporation, Xxxxxxxxxx Electronics Limited, an English limited liability company, Xxxxxxxxxx Electronics Benelux B.V., a Dutch private limited liability company, Xxxxxxxxxx Electronics Pte Ltd, a company organized under the laws of Singapore, and Xxxxxxxxxx Electronics Pty Limited, a company organized under the laws of New South Wales, Australia.”
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US Facility Borrower or "US Facility Borrowers" shall have the meaning assigned to and ascribed to such terms as set forth in the preamble to this Agreement.
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Related to US Facility Borrower

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

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

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.

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

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

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

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

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

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • U.S. Swingline Loan means any swingline loan denominated in Dollars made by the applicable Swingline Lender to a US Borrower pursuant to Section 2.2, and all such swingline loans collectively as the context requires.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

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

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

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

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.