Examples of Australia Borrower in a sentence
A portion of the Loans under the Facility (i) up to a maximum amount in U.S. Dollars and Sterling, the U.S. Dollar Equivalent of which is equal to U.S.$20,000,000, may be made in U.S. Dollars Loans and/or Sterling Loans to the UK Borrower by the UK Lender and (ii) up to a maximum amount in U.S. Dollars and Australian Dollars, the U.S. Dollar Equivalent of which is equal to U.S.$10,000,000, may be made in U.S. Dollar Loans and/or Australian Dollar Loans to the Australia Borrower by the Australia Lender.
Upon the Additional Borrower’s addition as a Borrower, the Additional Borrower shall be deemed to be a Singapore Borrower, an Australia Borrower or a Hong Kong Borrower hereunder, as the case may be.
In such event the Borrowers shall prepare a Note in the face amount of each such Group Lender’s Commitment, payable to the order of each such Group Lender, duly executed on behalf of LGEI, the UK Borrower and the Australia Borrower, as applicable, and dated as of the date hereof.
For purposes of this Section 4.1(g), “Credit Party” shall not include the Australia Borrower.
All Advances in Australian Dollars shall be advanced to an Australia Borrower.
Within the limits of each Lender’s Unused Australian Dollar Revolving Credit Commitment in effect from time to time and prior to the Termination Date, each Australia Borrower may borrow under this Section 2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(b).