German Borrower definition

German Borrower means (a) any Borrower that is a resident for tax purposes in Germany and (b) any Borrower in respect of which written notice is given to the Administrative Agent (by the Company) prior to that Borrower becoming a Borrower hereunder that such Borrower is resident in Germany for German tax purposes.
German Borrower shall have the meaning provided in the first paragraph of this Agreement.
German Borrower has the meaning assigned to such term in the preamble to this Agreement.

Examples of German Borrower in a sentence

  • The Agent shall notify the German Borrower and the Lenders promptly upon being so satisfied.

  • The German Borrower and the Agent designate this Agreement as a Finance Document by execution of this Agreement for the purposes of the definition of Finance Document in the Original Facility Agreement.

  • The German Borrower is not required to make any deduction or withholding for or on account of Tax from any payment it may make under this Agreement.

  • No Borrower is either Tax resident or maintains a permanent establishment in any jurisdiction other than its jurisdiction of incorporation or, in case of the German Borrower, the jurisdiction of its establishment.

  • If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Agent shall (with the approval of the German Borrower which approval shall not be unreasonably withheld or delayed) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.


More Definitions of German Borrower

German Borrower shall have the meaning assigned to such term in the preamble hereto.
German Borrower any Borrower which is organized under the laws of, and has its principal office in, Germany.
German Borrower means Red-D-Arc (Germany) GmbH and any additional Borrower incorporated or organized in the Federal Republic of Germany.
German Borrower is defined in the preamble.
German Borrower has the meaning assigned to such term in the definition ofRevolving Facility Borrowers”.
German Borrower means First Solar Manufacturing GmbH and any other person or entity that is organised under the laws of the Federal Republic of Germany which becomes a borrower under the Credit Agreement after the date of the Credit Agreement.