Examples of Multicurrency Borrowers in a sentence
Comdisco guaranteed the obligations of the Multicurrency Borrowers under the facility.
From this it follows that survival probability and income are not negatively correlated, which is in accordance with empirical evidence.15 Note that each type i is characterized by the pair (πi,wi).
In addition, Comdisco had guaranteed outstanding borrowings of non-debtor Multicurrency Borrowers under Tranche B in the principal amount of approximately $82,000,000, plus accrued interest and applicable costs, expenses, and fees.
This facility permitted Comdisco and the Multicurrency Borrowers to borrow in U.S. dollars, certain European currencies (for eligible European subsidiaries) and certain Asian currencies (for eligible Asian subsidiaries) on a revolving credit basis.
Each of the Multicurrency Borrowers hereby irrevocably designates, appoints and authorizes each other Multicurrency Borrower as its agent and attorney-in-fact to take actions under this Agreement and the other Loan Documents, together with such powers as are reasonably incidental thereto.
The Domestic Borrowers jointly and severally agree and the Multicurrency Borrowers jointly and severally agree to pay the Administrative Agent, upon demand, the principal amount of all outstanding Protective Advances under the applicable Credit Facility, together with interest thereon at the rate from time to time applicable to Floating Rate Loans under such Credit Facility from the date of such Protective Advance until the outstanding principal balance thereof is paid in full.
Within the limits of each Lender’s Unused Multicurrency Revolving Credit Commitment in effect from time to time and prior to the Termination Date, the Multicurrency Borrowers may borrow under this Section 2.01(a)(ii), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a)(ii).
The Multicurrency Borrowers shall not be entitled to make such election if such election would result in the remaining portion of the Domestic Borrowing Base being less than the Credit Facility Outstandings for the Domestic Facility or if an Event of Default would result therefrom or is then outstanding.
The assessee is obligated to deposit the collected cheques duly furnishing details of the collection on the day after (their receipts) and should maintain particulars of each and every consumer for payments, in the computer memory for a period of one year including information regarding consumption, payment, etc.
Fees shall be payable by the Domestic Borrowers to the Domestic Concentration Account and by the Multicurrency Borrowers to the Multicurrency Payment Account in accordance with Section 3.02.