Additional Borrower Termination definition

Additional Borrower Termination means an Additional Borrower Termination substantially in the form of Exhibit G.
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Additional Borrower Termination means, with respect to any Additional Borrower, a termination notice in the form of Exhibit N, duly executed by such Additional Borrower and the U.S. Borrower.
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Additional Borrower Termination means an Additional Borrower Termination substantially in the form of Exhibit K-3 (or another form which is acceptable to the Administrative Agent in its sole discretion).
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Examples of Additional Borrower Termination in a sentence

  • Notwithstanding the preceding sentence, no Additional Borrower Termination will become effective as to any Additional Borrower at a time when any principal of or interest on any Loan to such Borrower shall be outstanding hereunder, provided that such Additional Borrower Termination shall be effective to terminate the right of such Additional Borrower to make further Borrowings under this Agreement.

  • Notwithstanding the preceding sentence, no Additional Borrower Termination will become effective as to any Additional Borrower at a time when any principal of or interest on any Loan to such Additional Borrower shall be outstanding hereunder; provided that such Additional Borrower Termination shall be effective to terminate such Additional Borrower's right to make further Borrowings under this Agreement.

  • If the Parent ceases to own at least 80% of an Additional Borrower, the Parent shall, within 10 days after an officer of the Parent becomes aware of such cessation, cause such Subsidiary to cease be an Additional Borrower pursuant to an Additional Borrower Termination and to prepay all Loans made to it and outstanding at such time.

Related to Additional Borrower Termination

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Benchmark Modification or Cessation Event means, in respect of the Benchmark any of the following has occurred or will occur:

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Resignation Effective Date has the meaning specified in Section 9.06(a).