Examples of German Borrower in a sentence
Sanyal Title: Chief Executive Officer VAREX IMAGING DEUTSCHLAND AG, as the German Borrower By: /s/ Xxxxxx Xxxxxxxxx Name: Xxxxxx Xxxxxxxxx Title: Member of the Executive Board VAREX IMAGING INVESTMENTS B.V., as a Guarantor, represented by By: /s/ Xxxxxxxxx X.
The German Borrower is a capital company (Kapitalgesellschaften) and meets the requirements set forth in Section 267 (2) or (3) of the German Commercial Code (Handelsgesetzbuch, HGB).
Therefore, the parties hereto agree to limit the enforcement of such security, guarantee, other liability, indemnity or other payment obligation under or in connection with this Agreement or any other Loan Document (but only if and to the extent required) in order to protect a director (Vorstand), managing director, and other person holding a similar position of the German Borrower and/ or a German Guarantor from such liability.
The German Borrower exempts the Parent Borrower for all purposes under the Loan Documents from the restrictions of multiple representations pursuant to Section 181 of the German Civil Code.