US Revolving Borrower definition

US Revolving Borrower means Silgan and each Revolving Borrower that is a Wholly-Owned Domestic Subsidiary of Silgan.
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US Revolving Borrower means the U.S. Borrower.
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US Revolving Borrower shall have the meaning assigned to such term in the Preamble hereof.
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Examples of US Revolving Borrower in a sentence

  • The U.S. Revolving Borrower and the U.S. Term Borrower shall jointly establish, in the name of the U.S. Revolving Borrower and the U.S. Term Borrower, and maintain an interest-bearing cash collateral account (the “Collateral Account”) at the Relevant Payment Branch of the U.S. Revolving Borrower or the U.S. Term Borrower, which shall be in the control of the Administrative Agent for the benefit of the Secured Parties.

  • Lease accounting by the lessor Where assets are leased under operating lease, the asset is included in the statement of financial position based on the nature of the asset.

  • Revolving Borrower shall request, and the Swingline Lender shall not make, any Swingline Loan if, after giving effect to the making of such Swingline Loan, the aggregate amount of the Available U.S. Revolving Commitments would be less than zero, and (c) no U.S. Revolving Borrower shall use the proceeds of any Swingline Loan to refinance any then outstanding Swingline Loan.

  • You are instructed to deliver a copy of this notice by facsimile transmission to the U.S. Revolving Borrower and the Canadian Borrower.

  • Reference is made to that certain Third Amended and Restated Credit Agreement dated as of August 30, 2012, by and among Lower Lakes Transportation Company ("US Revolving Borrower"), Lower Lakes Towing Ltd., Grand River Navigation Company, Inc.

  • Each drawing under any Letter of Credit issued for the account of a US Revolving Borrower or other amount payable in connection therewith when due shall constitute a request by such US Revolving Borrower to Agent for a US Base Rate Loan in the amount of such drawing or other amount then due, and shall be made by Agent on behalf of US Lenders as a Revolving Loan (or Special Agent Advance, as the case may be).

  • Promptly thereafter, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall make available to the applicable U.S. Revolving Borrower an amount in immediately available funds equal to the amount of the Swingline Loan to be made by depositing such amount in the account designated in writing to the Administrative Agent by the applicable U.S.

  • No US Revolving Borrower may reorganize in any jurisdiction outside the United States or the United Kingdom.

  • Any payments made by or on behalf of Agent or any US Lender to Issuing Bank and/or related parties in connection with any Letter of Credit shall constitute additional Revolving Loans to such US Revolving Borrower pursuant to this Section 2 (or Special Agent Advances as the case may be).

  • Agreements contain provisions that go beyond the minimum/general provi- sion of agreements at sector level.


More Definitions of US Revolving Borrower

US Revolving Borrower means Silgan and each Revolving Borrower that is a Wholly-Owned Domestic Subsidiary of Silgan. “US Security Documents” shall mean and include the US Pledge Agreement and, after the execution and delivery thereof, each Additional Security Document entered into by a US Credit Party. “US Subsidiary Guarantor” shall mean (i) each US Revolving Borrower (other than Silgan) in its capacity as a guarantor under the US Borrowers/Subsidiaries Guaranty and (ii) each other Domestic Subsidiary of Silgan (other than the Receivables Subsidiary). “US Tax Compliance Certificate” shall have the meaning provided in Section 5.04(g). “USD LIBOR” has the meaning assigned thereto in the definition of “Eurocurrency Rate”. “USD LIBOR Rate” has the meaning assigned thereto in the definition of “Eurocurrency Rate”. “USD LIBOR Transition Date” shall mean, the earlier of (a) the date that all Available Tenors of USD LIBOR have either (i) permanently or indefinitely ceased to be provided by IBA; provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of USD LIBOR or (ii) been announced by the FCA pursuant to public statement or publication of information to be no longer representative and (b) the Early Opt-in Effective Date. “Voting Lender Participant” shall have the meaning provided in Section 12.04(c). “Voting Lender Participant Notice” shall have the meaning provided in Section 12.04(c). “Voting Stock” shall mean the capital stock of Silgan ordinarily having the power to vote for the election of directors of Silgan. “Weighted Average Life to Maturity” shall mean, when applied to any Indebtedness at any date, the number of years obtained by dividing (i) the then outstanding principal amount of such Indebtedness into (ii) the product obtained by multiplying (x) the amount of each then remaining installment or other required scheduled payments of principal, including payment at final maturity, in respect thereof, by (y) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment. “Xxxxx Fargo” shall mean Xxxxx Fargo Bank, National Association, in its individual capacity, and any successor entity thereto by merger, consolidation or otherwise. “Wholly-Owned Domestic Subsidiary” shall mean, as to any Person, any Wholly-Owned Subsidiary of such Person that is a Domestic Subsidiary. “Wholly-Owned Foreign Subsidiary” shall mean, as to an...
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US Revolving Borrower any of (a) UCTSS, and (b) the Acquired Business.
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US Revolving Borrower means Silgan and each Revolving Borrower that is a Wholly-Owned Domestic Subsidiary of Silgan. “US Security Documents” shall mean and include the US Pledge Agreement and, after the execution and delivery thereof, each
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US Revolving Borrower means BRP (USA) Inc. and its successors and permitted assigns.
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Related to US Revolving Borrower

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Subsidiary Borrowers as defined in the preamble hereto.

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

  • German Borrower means (a) any Borrower that is a resident for tax purposes in Germany and (b) any Borrower in respect of which written notice is given to the Administrative Agent (by the Company) prior to that Borrower becoming a Borrower hereunder that such Borrower is resident in Germany for German tax purposes.

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

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

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

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

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

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

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

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Foreign Borrower means any Borrower that is organized under the laws of a jurisdiction other than the Unites States, a state thereof or the District of Columbia.

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

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

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Canadian Borrower as defined in the preamble hereto.

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

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • 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”.

  • U.S. Borrower means any Borrower that is a U.S. Person.