Outgoing Borrower definition

Outgoing Borrower has the meaning specified in the introductory paragraph hereto.
Sample 1Sample 2
Outgoing Borrower has the meaning given that term in the recitals to this Agreement.
Sample 1
Outgoing Borrower means Cxxxxxxxx Development Inc. of P.X. Xxx 0000, Xxxx Xxxx, Xxxxxxx, Xxxxxxx Xxxxxx Xxxxxxx and includes its successors in title;
Sample 1

Examples of Outgoing Borrower in a sentence

  • Notwithstanding anything to the contrary contained in this Agreement, the agreements, obligations and liabilities of the Outgoing Borrower and the Borrowers herein contained are joint and several and shall be construed accordingly.

  • With effect from the date of this Amendment the Outgoing Borrower is released and discharged from all liabilities, obligations, duties, claims and demands whatsoever arising out or connected with the Loan Agreement (including, without limitation, those under Section 9 of the Principal Loan Agreement).

  • Such arrangement shall be interlocked in the process control wherever possible.

  • Each of the Outgoing Borrower and the Borrowers agrees and consents to be bound by this Agreement notwithstanding that any of the other Borrowers or the Outgoing Borrower which were intended to sign or be bound may not do so or be effectually bound and notwithstanding that this Agreement may be invalid or unenforceable against the Outgoing Borrower and the Borrowers whether or not the deficiency is known to the Bank.

  • For the avoidance of doubt, after the Third Restatement Date the Outgoing Borrower shall have no further obligations hereunder except with respect to acting as agent for service of process as set forth in Section 10.21.

  • Standing Commission on Liturgy and Music, The Episcopal Church, “The Episcopal Church and the Revised Common Lectionary,” brochure, 2007.

  • Each of the Outgoing Borrower and the Borrowers agrees and consents to be bound by this Agreement notwithstanding that any of the other Borrowers or the Outgoing Borrower which were intended to sign or be bound may not do so or be effectually bound and notwithstanding that this Agreement may be invalid or unenforceable against the Outgoing Borrower and the Borrowers whether or not the deficiency is known to the Creditors or any of them.

  • ICBCIL Finance Co. Limited (the Outgoing Borrower) is a direct wholly-owned subsidiary of ICBCIL, which in turn is indirectly wholly owned by ICBC.

  • In order to manage the financings of its subsidiaries more efficiently, the Guarantor, the Outgoing Borrower and the Incoming Borrower are proposing to seek the consent of the Noteholders to sanction the change of borrower under the Facility Agreements (as defined in the Offering Circular dated 3 December 2014 issued by the Issuer in connection with the offering of the Notes (the Offering Circular)) from the Outgoing Borrower to the Incoming Borrower.

  • Classification data were obtained from medical billing data (procedure or diagnosis codes), nature of injury, cause of injury, part of body, and injury description.

Related to Outgoing Borrower

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Purchasing Borrower Party means any of the Borrower or any Restricted Subsidiary.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • Foreign Borrower means any Borrower that is a Foreign Subsidiary.

  • Applicant Borrower has the meaning specified in Section 2.14.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

  • Dutch Loan Party means any Loan Party organized under Dutch law.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Subsidiary Borrower any Subsidiary of the Borrower that becomes a party hereto pursuant to Section 10.1(c)(i) until such time as such Subsidiary Borrower is removed as a party hereto pursuant to Section 10.1(c)(ii).

  • Applicable Borrower means, with respect to any Loan or other amount owing hereunder or any matter pertaining to such Loan or other amount, whichever of the Borrowers is the primary obligor on such Loan or other amount.

  • means Borrower s forecasted consolidated and consolidating: (a) balance sheets; (b) profit and loss statements; (c) cash flow statements; and (d) capitalization statements, all prepared on a Subsidiary by Subsidiary or division-by-division basis, if applicable, and otherwise consistent with the historical Financial Statements of the Borrower, together with appropriate supporting details and a statement of underlying assumptions.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • 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.

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • Original Borrower means, as the context requires, any of them;

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • Foreign Loan Party means any Loan Party other than a U.S. Loan Party.

  • Borrower Group means the Borrower and each of its Subsidiaries.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.