Borrower Group definition

Borrower Group means the Borrower and each of its Subsidiaries.

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Borrower Group has the meaning provided in Section 10(c) hereof.

Borrower Group means each Borrower, the Restricted Subsidiaries and the Designated Restricted Entities.

Examples of Borrower Group in a sentence

• If Agent or any Lender shall receive interest in an amount that exceeds the maximum rate, the excess interest shall be applied to the principal of the Obligations of the Borrower Group to which such excess interest relates or, if it exceeds such unpaid principal, refunded to such Borrower Group.

• The Borrower confirms to each Lender that any Loans made to it under this Agreement will be made solely for its own account or for the account of a member of the Borrower Group.

• No member of the Borrower Group or any of its Affiliates is on a Sanctions List.

• It and each member of the Borrower Group has good title to or valid leases or licences of or is otherwise entitled to use all assets necessary to conduct its business, except where the failure to do so would not have or be reasonably likely to have a Material Adverse Effect.

• Neither it nor any member of the Borrower Group or ERISA Affiliate maintains, contributes to or has any obligation to contribute to or any liability under, any Plan, or in the past five years has maintained or contributed to or had any obligation to, or liability under, any Plan.

More Definitions of Borrower Group

Borrower Group a group consisting of (a) the Canadian Borrower, (b) the UK Borrower, or (c) the U.S. Borrowers, as the context requires.

Borrower Group has the meaning assigned to such term in Section 2(c).

Borrower Group means the Borrower and each Restricted Subsidiary.

Borrower Group means the Borrower and the Operating Companies and “Borrower Group Member” means any of the Borrower or any Operating Company.

Borrower Group means the Borrower and each Restricted Subsidiary. “Borrower Materials” shall have the meaning assigned to such term in Section 9.01(f).

Borrower Group means the Borrower and its Subsidiaries for the time being.

Borrower Group means the Borrower and its Restricted Subsidiaries for the time being (but excluding, for the avoidance of doubt, any Excluded Subsidiary).