Designated Borrowers means any Subsidiary of the Company as to which a Designation Letter has been delivered to the Administrative Agent in accordance with and together with the other documents required by Section 2.14, and no Termination Letter has been delivered to the Administrative Agent thereunder.

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

Designated Borrowers means the Borrowers identified on Schedule 2.14 and any Applicant Borrower that becomes a Borrower hereunder in accordance with the provisions of Section 2.14(b).

Examples of Designated Borrowers in a sentence

The Obligations of all Designated Borrowers that are Foreign Subsidiaries shall be several in nature.
Permit the Asset Coverage Ratio of such Borrower to be less than (x) for all Borrowers other than Designated Borrowers, 300%, or (y) for each Designated Borrower, the Designated Borrower Asset Coverage Ratio Percentage for such Borrower; or in either case allow borrowings and/or Indebtedness of such Borrower to exceed the limits set forth in such Borrower’s Prospectus or allow borrowings and/or Indebtedness to exceed the requirements of the 1940 Act.
The Company hereby acknowledges that the issuance of Letters of Credit for the account of Designated Borrowers inures to the benefit of the Company, and that the Company’s business derives substantial benefits from the businesses of such Designated Borrowers.
The Obligations of all Designated Borrowers shall be several in nature.
All dealings between the Designated Borrowers and the Company, on the one hand, and the Administrative Agent and the Lenders, on the other hand, likewise shall be conclusively presumed to have been had or consummated in reliance upon this guaranty.

More Definitions of Designated Borrowers

Designated Borrowers means, collectively, each Foreign Subsidiary of the Company that is a Restricted Subsidiary party hereto in the capacity of a Borrower pursuant to, and in accordance with, Section 2.16. On the Restatement Effective Date, there shall be no Designated Borrowers.

Designated Borrowers means Time Warner and TWIFL.

Designated Borrowers has the meaning set forth in the preamble to this Agreement.

Designated Borrowers means AOLTW and AOLTWFI.

Designated Borrowers. Schroder US Small and Mid Cap Opportunities Fund Schroder Emerging Market Equity Fund Schroder US Opportunities Fund

Designated Borrowers means such Subsidiaries of Parent (other than Jazz Lux, Financing Holdings, Parent, Jazz DAC, Jazz Financing I, Jazz Ireland, Jazz UK and Jazz U.S.) as Parent may designate in writing to the Administrative Agent from time to time subject to the terms and conditions set forth in Section 2.26 hereof.

Designated Borrowers means (i) NIFCO and (ii) following such designation as a Designated Borrower pursuant to Section 2.17, any other wholly-owned foreign Subsidiary of the Parent Guarantor as may be designated by the Company and reasonably acceptable to the Administrative Agent, in each case until such time as terminated as such pursuant to the terms hereof.