Definition of Post-Petition Borrowers


Post-Petition Borrowers means the U.K. Borrowers solely in their capacity as borrowers of the Post-Petition Loans.
Sample 1

Examples of Post-Petition Borrowers in a sentence

Such additional amounts shall be payable by the Post-Petition Borrowers directly to such Secured Party within five days after its receipt of such notice, and such notice shall, in the absence of manifest error, be conclusive and binding on the Post-Petition Borrowers.
In addition, the Post-Petition Borrowers shall jointly and severally indemnify each Secured Party for any incremental Taxes that may become payable by such Secured Party as a result of any failure of any Post-Petition Borrower to pay any Taxes when due to the appropriate Governmental Authority or to deliver to the Administrative Agent, pursuant to clause (b)(iii), documentation evidencing the payment of Taxes or Other Taxes.
Each Post-Petition Borrower acknowledges that any payment made to any Secured Party or to any Governmental Authority in respect of the indemnification obligations of the Post-Petition Borrowers provided in this clause shall constitute a payment in respect of which the provisions of clause (b)(i) and this clause shall apply.
A statement of such Secured Party as to any such additional amount or amounts shall, in the absence of manifest error, be conclusive and binding on the Post-Petition Borrowers.
Notwithstanding anything set forth in this Agreement to the contrary, the aggregate amount of Post-Petition Loans that the Post-Petition Borrowers may borrow and have outstanding at any one time under the terms of this Agreement shall not exceed the Aggregate Available Post-Petition Amount at such time.