Belgian Loan Parties definition

Belgian Loan Parties means, collectively, each Loan Party that is incorporated under the laws of Belgium.
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Belgian Loan Parties means the Belgian Borrowers and the Belgian Guarantors.
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Examples of Belgian Loan Parties in a sentence

  • Notwithstanding anything contained herein or in the other Loan Documents, the Belgian Borrower and other Belgian Loan Parties shall not be liable or jointly and severally liable for any Obligations (other than the Belgian Obligations) of the U.S. Borrower or any Domestic Subsidiary (collectively, the “Domestic Obligations”), and none of the Collateral pledged by the Belgian Borrower shall secure any Domestic Obligations.

  • In addition, any insurance proceeds from any Collateral pledged by the Belgian Loan Parties shall not be available to pay any Domestic Obligations.

  • The balances in the US Collection Accounts in the case of US Loan Parties, the balances in the Belgian Collection Accounts in the case of Belgian Loan Parties, and the balances in the Luxembourg Collection Accounts in the case of Luxembourg Loan Parties as of the end of a Business Day shall be applied to the Obligations of such Borrower or Borrowers at the beginning of the next Business Day during any Cash Dominion Event.

Related to Belgian Loan Parties

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • U.S. Loan Parties means, collectively, the Parent Borrower and the U.S. Subsidiary Guarantors.

  • Domestic Loan Parties means the Domestic Guarantors.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • UK Loan Party and “UK Loan Parties” shall mean any Loan Party or Loan Parties organized or existing under the laws of the United Kingdom, including of England and Wales or Scotland.

  • Dutch Loan Party means any Loan Party organized under Dutch law.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Credit Parties means the Borrower and the Guarantors.

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

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

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.

  • Domestic Credit Party means any Credit Party which is incorporated or organized under the laws of any State of the United States or the District of Columbia.

  • German Borrower means a Borrower incorporated in Germany.

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Finance Parties means the Agents, the Arrangers, the Bookrunners, the Security Trustee, the Lenders and each Hedge Counterparty and “Finance Party” means any of them.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

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

  • Canadian Borrower as defined in the preamble hereto.

  • Borrower Loan Documents shall have the meaning given such term in the Borrower Loan Agreement.