Designated Borrower Request and Assumption Agreement definition

Designated Borrower Request and Assumption Agreement has the meaning specified in Section 2.14.

Designated Borrower Request and Assumption Agreement has the meaning assigned to such term in Section 2.23(b).

Designated Borrower Request and Assumption Agreement means the notice substantially in the form of Exhibit Q attached hereto.

Examples of Designated Borrower Request and Assumption Agreement in a sentence

• All capitalized terms used in this Designated Borrower Request and Assumption Agreement and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement.

• This Designated Borrower Request and Assumption Agreement shall constitute a Loan Document under the Credit Agreement.

• The Administrative Agent shall provide each Lender with a copy of each Designated Borrower Request and Assumption Agreement promptly upon receipt thereof.

• All capitalized terms used in this Designated Borrower Request and Assumption Agreement and not otherwise defined herein shall have the meanings assigned to them in the Agreement.

• It is understood and agreed by the parties hereto that the representations and warranties of each Designated Borrower in this Section 6.18 shall only be applicable to such Designated Borrower on and after the date of its execution of a Designated Borrower Request and Assumption Agreement.

More Definitions of Designated Borrower Request and Assumption Agreement

Designated Borrower Request and Assumption Agreement means the notice substantially in the form of Exhibit P attached hereto.

Designated Borrower Request and Assumption Agreement means the notice substantially in the form of Exhibit 2.16(a).

Designated Borrower Request and Assumption Agreement means the agreement substantially in the form of Exhibit J attached hereto.

Designated Borrower Request and Assumption Agreement as defined in Section 4.7.1

Designated Borrower Request and Assumption Agreement. For purposes of the foregoing, a Subsidiary organized under the laws of the United States of America, the United Kingdom, the Netherlands, Canada or Germany will be deemed to be organized in an acceptable jurisdiction. For avoidance of doubt, no Lender shall be obligated to approve or make loans or other extensions of credit to any Applicant Borrower to the extent that it would be unlawful for such Lender to do so. The parties hereto acknowledge and agree that prior to any Applicant Borrower becoming entitled to utilize the credit facilities provided for herein the Administrative Agent and the Lenders shall have received such supporting resolutions, incumbency certificates, opinions of counsel and other documents or information, in form, content and scope reasonably satisfactory to the Administrative Agent, as may be required by the Administrative Agent in its reasonable discretion, and promissory notes signed by such new Borrowers to the extent any Lenders so require. Promptly following receipt of all such requested resolutions, incumbency certificates, opinions of counsel and other documents or information, in form, content and scope reasonably satisfactory to it, the Administrative Agent shall send a notice in substantially the form of Exhibit H (a “Designated Borrower Notice”) to the Company and the Lenders specifying the effective date upon which the Applicant Borrower shall constitute a Designated Borrower for purposes hereof, whereupon each of the Lenders agrees to permit such Designated Borrower to receive Revolving Loans hereunder, on the terms and conditions set forth herein, and each of the parties agrees that such Designated Borrower otherwise shall be a Borrower for all purposes of this Agreement; provided, that no Borrowing Request may be submitted on behalf of such Designated Borrower until the date that is five (5) Business Days after such effective date.

Designated Borrower Request and Assumption Agreement is defined in Section 1.16(a) hereof.

Designated Borrower Request and Assumption Agreement means the notice substantially in the form of EXHIBIT 2.18(a) attached hereto.