BVI Borrower definition

BVI Borrower has the meaning assigned to such term in the Preamble hereto.
BVI Borrower as defined in the preamble to this Agreement.
BVI Borrower as defined in the preamble hereto.

Examples of BVI Borrower in a sentence

  • The BVI Borrower shall indemnify the Administrative Agent, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting, other than as a result of the gross negligence, bad faith or willful misconduct of such Person, from the reasonable reliance by such Person on each notice purportedly given by or on behalf of the BVI Borrower.

  • Become a Sanctioned Person., nor shall any Borrower permit any Person that owns or Controls any Borrower (other than BVI Borrower) to become a Sanctioned Person.

  • To the extent that any undertaking in this clause may be unenforceable because it is violative of any Applicable Law or public policy, the BVI Borrower shall contribute the maximum portion that it is permitted to pay and satisfy under Applicable Law to the payment and satisfaction of such undertaking.

  • Immediately after the consummation of the transactions contemplated by the Loan Documents on the Closing Date and immediately following the making of each Loan and after giving effect to the application of the proceeds of each Loan, BVI Borrower and its Restricted Subsidiaries, together, are and will be Solvent.

  • Each Lender may change its address or e-mail address for notices and other communications hereunder by notice to the BVI Borrower and the Administrative Agent.

  • The Equity Interests so indicated on Schedule 6.02 are fully paid and non-assessable and are owned by the BVI Borrower, directly or indirectly, free and clear of all Liens other than Permitted Liens.

  • The Administrative Agent and the Lenders shall be entitled to reasonably rely and act upon any notices purportedly given by or on behalf of the BVI Borrower even if: (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof.

  • The BVI Borrower shall cause each Dormant Subsidiary to maintain its status as a non-operating company.

  • Each such notice shall specify the date of such prepayment and the amount of such prepayment, and such notice of prepayment may state that it is conditioned upon the consummation of a specified event, in which case such notice of prepayment may be revoked by the BVI Borrower if such condition is not satisfied.

  • The execution, delivery and performance of the CBG Acquisition Documents has been duly authorized by all necessary action (including, without limitation, the obtaining of any consent of stockholders or other holders of Equity Interests required by law or by any applicable corporate or other organizational documents) on the part of the Parent and the BVI Borrower and, to the knowledge of the Parent and the BVI Borrower, on the part of each other Person party thereto.

Related to BVI Borrower

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

  • Canadian Borrower as defined in the preamble hereto.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • U.S. Borrower means any Borrower that is a U.S. Person.

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

  • Foreign Subsidiary Borrower means each Borrower that is a Foreign Subsidiary.

  • Subsidiary Borrowers means (a) each Domestic Subsidiary that is a party hereto as of the Closing Date and (b) each Domestic Subsidiary that becomes a party to this Agreement after the Closing Date pursuant to Section 9.11 or otherwise.

  • Foreign Borrower means any Borrower that is a Foreign Subsidiary.

  • German Borrower means a Borrower incorporated in Germany.

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

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

  • 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.

  • Borrower as defined in the preamble hereto.

  • Parent Borrower as defined in the preamble hereto.

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

  • means Borrower s forecasted consolidated and consolidating: (a) balance sheets; (b) profit and loss statements; (c) cash flow statements; and (d) capitalization statements, all prepared on a Subsidiary by Subsidiary or division-by-division basis, if applicable, and otherwise consistent with the historical Financial Statements of the Borrower, together with appropriate supporting details and a statement of underlying assumptions.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

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

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

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

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

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