Borrower Guaranteed Obligations definition

Borrower Guaranteed Obligations has the meaning provided in Section 10.01.

Borrower Guaranteed Obligations has the meaning set forth in Section 3.01(b).

Borrower Guaranteed Obligations has the meaning assigned to such term in Section 10.01(b).

Examples of Borrower Guaranteed Obligations in a sentence

• Upon failure by any Credit Party to pay punctually any of the Borrower Guaranteed Obligations, the Borrower shall forthwith on demand by the Administrative Agent pay the amount not so paid at the place and in the currency and otherwise in the manner specified in this Agreement or any other applicable agreement or instrument.

• If at any time any payment of any of the Borrower Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of such Credit Party, the Borrower’s obligations under this Article with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

• All payments made by the Borrower hereunder (including any payments made with respect to the Borrower Guaranteed Obligations under Article X) under any Note or any other Loan Document shall be made without setoff, counterclaim or other defense.

• All payments made by the Borrower hereunder (including any payments made with respect to the Borrower Guaranteed Obligations under Article X) under any Note or any other Loan Document, shall be made without setoff, counterclaim or other defense.

• If at any time any payment of any of the Borrower Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of such Credit Party, the Borrower’s obligations under this Section 2.15 with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

More Definitions of Borrower Guaranteed Obligations

Borrower Guaranteed Obligations means all obligations (including obligations which, but for the automatic stay under Section 362(a) of the Bankruptcy Code, would become due) and liabilities of any Domestic Subsidiary owing under any Specified Hedge Agreement, whether now in existence or hereafter arising, and the due performance and compliance with all terms, conditions and agreements contained therein.

Borrower Guaranteed Obligations has the meaning ascribed to it in Annex B.

Borrower Guaranteed Obligations is defined in Article XVI hereof.

Borrower Guaranteed Obligations means, collectively, the US Borrower Guaranteed Obligations, the Canadian Borrower Guaranteed Obligations and the Dutch Borrower Guaranteed Obligations, and each individually, as the context requires.

Borrower Guaranteed Obligations shall not, as to the Person that is the Subsidiary Borrower, include its own obligations, either as such or as a Subsidiary Guarantor. Each Subsidiary Guarantor agrees to pay any and all expenses incurred by each Lender and the Administrative Agent in enforcing this Subsidiary Guarantors Guaranty against such Subsidiary Guarantor.

Borrower Guaranteed Obligations has the meaning assigned to such term inSection 10.01(b).“Borrowing” means any Term Loans of the same Class and Type made, converted orcontinued on the same date and, in the case of Eurocurrency RateTerm SOFR Term Loans, as to which asingle Interest Period is in effect.“Borrowing Request” means a request by the Borrower for a Borrowing in accordancewith Section 2.02 and substantially in the form attached hereto as Exhibit E, or such other form as shallbe approved by the Agent.“Business Day” means any day that is not a Saturday, Sunday or other day on whichcommercial banks in New York City are authorized or required by law to remain closed and, if theapplicable Business Day relates to notices, determinations, fundings and payments in connection withthe Eurocurrency Rate for any Eurocurrency Rate Term Loan, on which banks are open for generalbusiness in London.“Capital Expenditures” means, for any period, the aggregate, without duplication, of (a)all expenditures (whether paid in cash or accrued as liabilities) by the Borrower and the RestrictedSubsidiaries during such period that, in conformity with GAAP, are or are required to be included asadditions during such period to property, plant or equipment reflected in the consolidated balance sheetof the Borrower and the Restricted Subsidiaries; (b) the capitalized amount of any Capitalized LeaseObligations incurred by the Borrower and its Restricted Subsidiaries during such period; and (c)expenditures made for client contract investments and included as additions during the period to otherassets reflected in the consolidated balance sheet of the Borrower and the Restricted Subsidiaries.“Capital Stock” means (a) in the case of a corporation, corporate stock, (b) in the case ofan association or business entity, any and all shares, interests, participations, rights or other equivalents(however designated) of corporate stock, (c) in the case of a partnership or limited liability company,partnership or membership interests (whether general or limited) and (d) any other interest orparticipation that confers on a Person the right to receive a share of the profits and losses of, ordistributions of assets of, the issuing Person.“Capitalized Lease Obligation” means, subject to Section 1.08, at the time anydetermination thereof is to be made, the amount of the liability in respect of a capital lease that would atsuch time be required to be capitalized and reflected as a liability on a balance sheet (excluding thefootnote...

Borrower Guaranteed Obligations has the meaning set forth in Section 7.01. Second Amended and Restated Xxxxxxx Credit Agreement