Maximum Subsidiary Borrowing Amount definition

Maximum Subsidiary Borrowing Amount as defined in Section 5.2(d).

Examples of Maximum Subsidiary Borrowing Amount in a sentence

  • If the relevant Borrower is a Subsidiary Borrower, IBM shall have delivered to the Administrative Agent a Subsidiary Borrower Notice and Designation for such Subsidiary Borrower specifying the maximum amount (the "Maximum Subsidiary Borrowing Amount") which may be borrowed by such Subsidiary Borrower, and such Subsidiary Borrower shall have furnished to the Administrative Agent a Subsidiary Borrower Request.

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