Foreign Borrower Sublimit definition

Foreign Borrower Sublimit means an amount equal to the greater of (a) the lesser of the Aggregate Revolving A Commitments and $300,000,000 and (b) 50% of the Aggregate Revolving A Commitments. The Foreign Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving A Commitments.

Foreign Borrower Sublimit shall have the meaning set forth in Section 2.01(a).

Foreign Borrower Sublimit means $25,000,000.

Examples of Foreign Borrower Sublimit in a sentence

• The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Foreign Borrower Sublimit, Swingline Sublimit or the Revolving Commitment under this Section 2.06.

• The Company shall also specify in such written notice the Foreign Borrower Sublimit for such designated Foreign Borrower.

• If after giving effect to any reduction or termination of Revolving Commitments under this Section 2.06, the Letter of Credit Sublimit, the Foreign Borrower Sublimit or the Swingline Sublimit exceeds the Revolving Facility at such time, the Letter of Credit Sublimit, Foreign Borrower Sublimit or the Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.

• The US Borrower may request that any Foreign Subsidiary which is also an Authorized Foreign Entity (each, an "Applicant Foreign Borrower") be designated a Foreign Borrower under the Foreign Borrower Sublimit by delivery of a written request to the Agent therefor.

• Foreign Borrower Sublimit means the greater of (x) $130,000,000 and (y) 15% of Consolidated Net Worth (as defined in the Note Purchase Agreements) at any time of determination, provided, however, that the Foreign Borrower Sublimit shall be in effect only to the extent any “priority debt” limitation in any Note Purchase Agreement remains in effect.

More Definitions of Foreign Borrower Sublimit

Foreign Borrower Sublimit means $350,000,000.

Foreign Borrower Sublimit means, the lesser of (a) (i) with respect to each Foreign Borrower on the Restatement Effective Date, an amount equal to the amount set forth opposite the name of such Foreign Borrower on Schedule 1.01(b) and (ii) with respect to each Designated Foreign Borrower, an amount agreed to by the Administrative Agent and the Company and set forth in the Designated Borrower Notice applicable to such Designated Foreign Borrower and (b)

Foreign Borrower Sublimit means U.S.$40.0 million.

Foreign Borrower Sublimit means, the lesser of (a) (i) with respect to each Foreign Borrower on the Restatement Effective Date, an amount equal to the amount set forth opposite the name of such Foreign Borrower on Schedule 1.01(b) and (ii) with respect to each Designated Foreign Borrower, an amount agreed to by the Administrative Agent and the Company and set forth in the Designated Borrower Notice applicable to such Designated Foreign Borrower and (b) the Facility. The Foreign Borrower Sublimits are part of, and not in addition to, the Facility.

Foreign Borrower Sublimit means (i) with respect to Insilco GmbH, $15,000,000 and (ii) with respect to any other Foreign Borrower, the amount designated by the Company as such Borrower's "Foreign Borrower Sublimit" and approved by the Requisite Lenders pursuant to Section 2.07.

Foreign Borrower Sublimit means the lesser of the Dollar Equivalent of (a)(i) $100,000,000.00 or (ii) $150,000,000 in connection with a Material Acquisition and (b) the total Unused Commitments. “In connection with a Material Acquisition” means that the proceeds of such borrowings are used to fund, directly or indirectly, the Consideration for such Material Acquisition or the financial requirements of the Subsidiary or Subsidiaries resulting from such Material Acquisition. The Foreign Borrower Sublimit is part of, and not in addition to, the Total Commitments.

Foreign Borrower Sublimit means with respect to any Canadian Borrower, $15,000,000 and, with respect to each Foreign Borrower (other than a Canadian Borrower), $10,000,000, provided, that the sublimit of any individual Foreign Borrower may be increased or decreased from time to time upon not less than five (5) days prior written notice from the Company to the Administrative Agent, which notice, if requesting an increase, shall be in form and substance satisfactory to the Administrative Agent and shall certify that any such increase is in compliance with all Laws and will not result in any adverse tax or other legal consequences to any Loan Party or any Lender, provided, further, that the aggregate amount of all Foreign Borrower Sublimits shall not at any time exceed the lesser of (i) $37,500,000 or (ii) the amount of the Revolving Credit Commitment, and, provided, further, that until such date as that certain protocol amending the United States-New Zealand tax convention receives final ratification (thereby reducing the withholding tax rate on interest payments in New Zealand from 10% to 0%), the Foreign Borrower Sublimit with respect to any New Zealand Borrower shall be $0. Foreign Borrowers shall mean the Borrowers organized under the laws of a jurisdiction outside the United States of America, any State thereof or the District of Columbia. Foreign Excluded Subsidiaries shall mean those Foreign Subsidiaries listed on Schedule 1.1(F) Foreign Guarantors shall mean the Guarantors organized under the laws of a jurisdiction outside the United States of America, any State thereof or the District of Columbia. Foreign Lender shall mean any Lender that is organized under the Laws of a jurisdiction other than that in which the Company is resident for tax purposes. For purposes of this definition, the United States of America, each State thereof or the District of Columbia shall be deemed to constitute a single jurisdiction. Foreign Loan Parties shall mean the Foreign Borrowers and Foreign Guarantors.