Corporate Loan Parties definition

Corporate Loan Parties means, collectively, all Loan Parties (except those that are individuals), if any, and “Loan Party” means, individually, any of them.
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Corporate Loan Parties means Borrower and each Subsidiary Guarantor. “Corporate Loan Party” shall mean any one of the foregoing.
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Corporate Loan Parties means collectively, the Borrower and the Guarantors, excluding Xxxxxxx.
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Examples of Corporate Loan Parties in a sentence

  • Each of the Corporate Loan Parties is duly qualified and in good standing wherever necessary to carry on its present business and operations.

  • Xxxxxx & Co., LLC, a Delaware limited liability company (“Xxxxxx”; together with American Drug, ASC, Champlin and Foodarama, the “Delaware LLC Loan Parties”; and together with the Delaware Corporate Loan Parties, the “Delaware Loan Parties”).

  • The agreement of the Lender to remit insurance proceeds in the manner above provided shall be subject in each instance to satisfaction of each of the following conditions: (x) No Event of Default or Default shall then have occurred, and (y) the Corporate Loan Parties shall use such insurance proceeds to repair, replace or restore the insurable property which was the subject of the insurable loss and for no other purpose.

  • Anything hereinabove to the contrary notwithstanding, and subject to the fulfillment of the conditions set forth below, the Lender shall remit to the Corporate Loan Parties insurance proceeds received by Lender during any calendar year under insurance policies procured and maintained by the Corporate Loan Parties which insure Borrowers’ insurable properties to the extent such insurance proceeds do not exceed $100,000 in the aggregate during such calendar year.

  • The Corporate Loan Parties will maintain a system of accounting established and administered in accordance with GAAP, consistently applied, and will set aside on their respective books all such proper reserves as shall be required by GAAP.

  • Xxxxxx & Co., LLC, a Delaware limited liability company (“Xxxxxx”; together with Xxxxxxxx and Foodarama, the “Delaware LLC Loan Parties”; and together with the Delaware Corporate Loan Parties, the “Delaware Loan Parties”).

  • Borrower shall deliver (or shall cause the applicable Subsidiary Guarantor to deliver) to Lender such certifications or other evidence from time to time, as requested by Lxxxxx in its sole discretion, that the representations and warranties of Corporate Loan Parties contained in Section 3.9 above are true and correct.

  • The capital stock of each of such Corporate Loan Parties is owned by the stockholders and in the amounts set forth on Schedule 4.1(B).

  • None of the Corporate Loan Parties is engaged in the business of purchasing or selling margin stock or extending credit to others for the purpose of purchasing or carrying margin stock (as defined in Regulations T, U or X issued by the Board of Governors of the Federal Reserve System), and no part of the proceeds of any borrowing hereunder will be used to purchase or carry any margin stock or for any other purpose which would violate any of the margin regulations of such Board of Governors.

  • The Corporate Loan Parties will maintain proper books of record and account in accordance with sound accounting practice in which full, true and correct entries shall be made of all their properties and assets and its dealings and business affairs.

Related to Corporate Loan Parties

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • 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.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

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

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

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

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

  • Credit Parties means the Borrower and the Guarantors.

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Subordinate Loan Documents means the Subordinate Note, the Subordinate Mortgage, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness.

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • 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.

  • Loan Parties’ Agent means Xxxxxxxx Group Holdings Limited (formerly known as Rank Group Holdings Limited).

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

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

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

  • Original Borrower means, as the context requires, any of them;

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

  • 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.

  • Security Parties means at any relevant time, the Borrower, the Guarantor, the Pledgor, the Target, the Vessel Owners and any other person who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Indebtedness, and “Security Party” means any one of them.

  • Lender Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Existing Loan Documents means the “Loan Documents” as defined in the Existing Credit Agreement.

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