Japanese Borrower definition

Japanese Borrower means any Japanese Subsidiary that has been designated as such pursuant to Section 2.20 and that has not ceased to be a Japanese Borrower as provided in such Section.

Japanese Borrower means any Borrower that is organized under the Laws of Japan.

Japanese Borrower shall have the meaning set forth in the preamble and, when used to describe the Borrowers who are permitted to borrow under the Japanese Commitment, also shall mean and include any Borrowing Subsidiary organized and existing under the laws of Japan.

Examples of Japanese Borrower in a sentence

• The Japanese Borrower represents and warrants to the Yen Revolving Lenders that, as of the date of this Agreement, it falls into Article 2, Paragraph 1, Item 1 of the Act on Specified Commitment Line Contract (Act No. 4 of 1999).

• Notwithstanding the forgoing, if the Yen Revolving Lender shall have received interest and/or Charges in an amount that exceeds the Maximum Rate, the excess interest and Charges shall be (i) applied to the principal of such Loan, (ii) if it exceeds such unpaid principal of such Loan, applied to the principal of other Loans held by such Yen Revolving Lender, or (iii) if it exceeds such unpaid principal of other Loans, refunded to the Japanese Borrower.

• If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be (i) in the case of a Borrowing denominated in US Dollars, an ABR Borrowing, (ii) in the case of a Borrowing by a Swiss Borrower denominated in Swiss Francs, a Eurocurrency Borrowing, (iii) in the case of a Borrowing by a Japanese Borrower denominated in Yen, a Yen Base Rate Revolving Borrowing and (iv) in the case of any other Borrowing, a Eurocurrency Borrowing.

• Committed Japanese Loans shall be made in Yen and shall be either Japanese Base Rate Loans or TIBOR Rate Loans, as the Japanese Borrower or the Parent, on behalf of the Japanese Borrower, may request subject to and in accordance with this Section 2.02.

• Notwithstanding anything to the contrary in this Article IV, the Japanese Borrower shall only be liable for amounts owing under this Article IV in connection with its Loans and other Obligations.

More Definitions of Japanese Borrower

Japanese Borrower means any wholly owned Subsidiary of the U.S. Borrower organized under the laws of Japan that is designated as an additional Borrower in accordance with Section 9.18.

Japanese Borrower means Xxxxxxx River Laboratories Japan, Inc.

Japanese Borrower means the Borrower incorporated or organized under the laws of Japan.

Japanese Borrower shall have the meaning set forth in the first paragraph of this Credit Agreement.

Japanese Borrower means any Borrower incorporated or organized under the laws of Japan.

Japanese Borrower means Checkpoint Manufacturing Japan Co., Ltd., a Japanese corporation.

Japanese Borrower has the meaning specified in the introductory paragraph hereto and shall include, as applicable, any Japanese Subsidiary that becomes a Borrower after the Effective Date pursuant to Section 6.13(b).