Borrower Subsidiary Guarantor definition

Borrower Subsidiary Guarantor means a Guarantor that is a Subsidiary of the Borrower.
Sample 1
Borrower Subsidiary Guarantor means a Guarantor that is a Subsidiary of the Borrower. The Borrower Subsidiary Guarantors as of the Closing Date are listed on Schedule A.
Sample 1

Examples of Borrower Subsidiary Guarantor in a sentence

  • If requested by Administrative Agent, collateral assignments executed by Borrower, Subsidiary Guarantor or any other Loan Party in favor of Administrative Agent of all reciprocal easement agreements, architectural, and construction related contracts, permits and licenses relating to the development, construction, use, occupancy, operation, maintenance, enjoyment or ownership of such Property.

  • If requested by Administrative Agent, collateral assignments executed by Borrower, Subsidiary Guarantor or any other Loan Party in favor of Administrative Agent of all reciprocal easement agreements, architectural and construction related contracts, permits and licenses relating to the development, construction, use, occupancy, operation, maintenance, enjoyment or ownership of such Property.

  • Borrower, Subsidiary Guarantor, and Administrative Agent have executed that certain Credit Agreement dated as of September 1, 2005, as amended by the First Amendment to Credit Agreement (the “First Amendment”) dated as of June 30, 2006 and further amended by the Second Amendment to Credit Agreement (the “Second Amendment”) dated as of August 30, 2008 (as so amended, the “Credit Agreement”).

  • Parent and the Borrower shall, and shall cause each applicable Borrower Subsidiary Guarantor to, use commercially reasonable efforts to obtain the consent of Petróleo Brasileiro S.A. – Petrobras to the Earnings Assignments in respect of the Ocean Rig Mykonos and the Ocean Rig Corcovado within six (6) months of the Effective Date (or such later date as may be permitted by the Administrative Agent in its sole discretion).

  • No Agent-Related Person shall be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of Borrower, Subsidiary Guarantor, or any of their Affiliates.

  • Prior to the consummation of a Qualified MLP IPO, ParentUDW will not directly own, and will not permit any Restricted Subsidiary that is not the Borrower or a Borrower Subsidiary Guarantor to directly own, a Collateral Vessel.

  • If requested by the Administrative Agent, collateral assignments executed by the Borrower, Subsidiary Guarantor or any other Loan Party in favor of the Administrative Agent of all reciprocal easement agreements, architectural, and construction related contracts, permits and licenses relating to the development, construction, use, occupancy, operation, maintenance, enjoyment or ownership of such Property.

  • Each of the Parent, the Borrower and each Borrower Subsidiary Guarantor that is incorporated under the laws of the Republic of the Mxxxxxxx Islands is a "non-resident corporation" under the laws of the Republic of the Mxxxxxxx Islands, as such term is utilized in The Business Corporations Act and the Secured Transactions Act of 2007.

  • The proceeds of the Loan shall not be used by Borrower, Subsidiary Guarantor or any Subsidiary SPE for any other purpose without the prior consent of Administrative Agent, which consent may be conditioned upon the amendment of this Agreement and the other Loan Documents in a manner reasonably required by Administrative Agent.

  • Borrower will not, and will not permit any Subsidiary to (a) declare or pay any dividend, purchase, redeem or otherwise acquire for value any of its Stock now or hereafter outstanding, (b) return any capital to its stockholders or interest holders, as applicable or (c) make any distribution of its assets to any Borrower, Subsidiary, Guarantor or its stockholders or interest holders, as applicable.

Related to Borrower Subsidiary Guarantor

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

  • Guarantor means: .............................................................................................................................................

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Subsidiary Guaranty means the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit G.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • Subsidiary Guarantors means each direct or indirect Domestic Subsidiary that is a Restricted Subsidiary in existence on the Closing Date or that becomes a party to the Subsidiary Guaranty Agreement pursuant to Section 8.11.

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States of America or the District of Columbia.

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

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

  • Non-Guarantor Restricted Subsidiary means any Restricted Subsidiary that is not a Subsidiary Guarantor.

  • Guarantors means each of:

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Foreign Guarantor means any Guarantor that is not organized under the laws of the United States or any jurisdiction within the United States.

  • 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.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Significant Guarantor means any guaranty agency that guarantees trust student loans comprising at least 10% of the Pool Balance of the trust student loans by outstanding principal balance as of the statistical disclosure date.