Additional Borrower definition

Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).
Additional Borrower means any Additional Credit Party that incurs or issues Additional Indebtedness under any Additional Credit Facility, together with its successors and assigns.
Additional Borrower means a member of the Group which becomes a Borrower after the date of this Agreement.

Examples of Additional Borrower in a sentence

  • The Obligations of the Borrower and each Additional Borrower shall be joint and several in nature.


More Definitions of Additional Borrower

Additional Borrower has the meaning specified in Section 2.14(a).
Additional Borrower means each Person which becomes a Borrower under this Credit Agreement pursuant to Section 6.3.
Additional Borrower means any Person who shall from time to time become a party to this Agreement as a “Borrower” hereunder upon the execution and delivery of an Additional Borrower Agreement.
Additional Borrower means any member of the Restricted Group which becomes an additional borrower pursuant to Clause 26.6 (Additional Borrowers) and which has not been released as a borrower in accordance with Clause 26.7 (Removal of Borrowers).
Additional Borrower means any Wholly Owned Restricted Subsidiary incorporated under the laws of the United States, any state thereof or the District of Columbia that becomes a Borrower after the Closing Date pursuant to Section 2.23.
Additional Borrower means a company which accedes to the terms of this Agreement as an additional borrower in accordance with clause 23.2 (Additional Borrowers).
Additional Borrower means a Subsidiary of the Parent which becomes a Borrower in accordance with Clause 28.4 (Additional Borrowers).