Designated Borrowers means any Subsidiary of the Company as to which a Designation Letter has been delivered to the Administrative Agent in accordance with and together with the other documents required by Section 2.14, and no Termination Letter has been delivered to the Administrative Agent thereunder.

Designated Borrowers each has the meaning specified in the introductory paragraph hereto.

Designated Borrowers means the Borrowers identified on Schedule 2.14 and any Applicant Borrower that becomes a Borrower hereunder in accordance with the provisions of Section 2.14(b).

Examples of Designated Borrowers in a sentence

The Obligations of all Designated Borrowers that are Foreign Subsidiaries shall be several in nature.
The Obligations of all Designated Borrowers shall be several in nature.
The Obligations of all Designated Borrowers that are Foreign Holding Companies or Foreign Subsidiaries shall be several in nature.
The Company hereby acknowledges that the issuance of Letters of Credit for the account of Subsidiaries other than Designated Borrowers inures to the benefit of the Company, and that the Company’s business derives substantial benefits from the businesses of such Subsidiaries.
The Company hereby reaffirms its guarantee contained in Article IX of the Credit Agreement of the payment when and as due of the Obligations of the Designated Borrowers, and acknowledges and agrees that such guarantee is and shall remain in full force and effect after giving effect to this Extension Agreement.

More Definitions of Designated Borrowers

Designated Borrowers means, collectively, each Foreign Subsidiary of the Company that is a Restricted Subsidiary party hereto in the capacity of a Borrower pursuant to, and in accordance with, Section 2.16. On the Restatement Effective Date, there shall be no Designated Borrowers.

Designated Borrowers means Time Warner and TWIFL.

Designated Borrowers. Schroder US Small and Mid Cap Opportunities Fund Schroder Emerging Market Equity Fund Schroder US Opportunities Fund

Designated Borrowers means AOLTW and AOLTWFI.

Designated Borrowers has the meaning set forth in the preamble to this Agreement.

Designated Borrowers means such Subsidiaries of Parent (other than Jazz Lux, Financing Holdings, Parent, Jazz DAC, Jazz Financing I, Jazz Ireland, Jazz UK and Jazz U.S.) as Parent may designate in writing to the Administrative Agent from time to time subject to the terms and conditions set forth in Section 2.26 hereof.

Designated Borrowers means (i) NIFCO and (ii) following such designation as a Designated Borrower pursuant to Section 2.17, any other wholly-owned foreign Subsidiary of the Company as may be designated by the Company and reasonably acceptable to the Administrative Agent, in each case, until such time as terminated as such pursuant to the terms hereof.