Primary Borrowers definition

Primary Borrowers means the U.S. Borrowers and the Canadian Borrower.
Sample 1Sample 2
Primary Borrowers means (a) FMCAG, (b) FMCH, (c) FMCF-V, (d) FMC-USDLP, (e) any Co-Borrower and (f) any Designated Borrower approved as a Primary Borrower pursuant to Section 2.16, in each case together with their successors and permitted assigns, subject to the provisions of Sections 2.16 and 2.17.
Sample 1
Primary Borrowers means (i) those Borrowers identified as such on SCHEDULE 2.1(A)-2, (ii) any Borrower designated as a Primary Borrower in a Borrower Joinder Agreement executed pursuant to Section 3.16, and (iii) any Co-Borrower.
Sample 1

Examples of Primary Borrowers in a sentence

  • The Primary Borrowers shall reimburse the Administrative Agent for its reasonable out-of-pocket expenses incurred in connection with this Amendment, including the reasonable fees and expenses of Cravath, Swaine & Xxxxx LLP, counsel for the Administrative Agent.

  • Except as otherwise permitted under Section 8.04, at all times (a) each of the Primary Borrowers (other than FMCAG) shall be a Wholly Owned Subsidiary of FMCAG and (b) NMC shall be a Wholly Owned Subsidiary of FMCH.

  • The foregoing notwithstanding, Lender shall not issue any press releases concerning this transaction without Primary Borrower's prior written approval as to the content of such releases, which approval shall not be unreasonably withheld or conditioned, or unduly delayed.

  • If NHB refinances Qualified Intermediary Institutions for low income housing loans made by QPLIs to Primary Borrowers to purchase, build or upgrade their dwelling, then NHB and the Qualified Intermediary Institutions need to ensure that the Qualified Intermediary Institutions integrate SEDD provisions in lending arrangements.

  • Notwithstanding any other provision of the Plan to the contrary, but subject to the requirement that the Alternate Payee file an application with the Plan Administrator, if an Order so provides, the Alternate Payee's Account may be distributed to the Alternate Payee at any time on or after the date on which the Plan Administrator receives such Order, regardless of whether the Participant is entitled to a distribution from the Plan at such time.

  • None of the Primary Borrowers or the Borrower General Partners shall, nor shall such Credit Parties permit any other Credit Party to, change its fiscal year without prior notice to the Administrative Agent or change its method of accounting other than in accordance with the terms of the Partnership Agreement (so long as such method is based on Generally Accepted Accounting Principles).

  • The aggregate Reference Obligation Notional Amounts (such aggregate amounts, the Negative Outlook RONA) for all Primary Borrowers which have been assigned "Negative Outlook" by the Buyer (or if the Reference Obligation is not held by the Buyer and/or its Affiliates at such time, as the Buyer' Portfolio Management Group would so assign if the Reference Obligation were held by the Buyer and/or its Affiliates) must not exceed 10 per cent.

  • The foregoing covenant shall be tested quarterly, commencing December 31, 1999, concurrently with the delivery of Primary Borrower's quarterly and annual financial information to the SEC, and on the basis of the financial information reported to the SEC.

  • If NHB refinances Qualified Intermediary Institutions for low-income housing loans made by QPLIs to Primary Borrowers to purchase, build or upgrade their dwelling, then NHB and the Qualified Intermediary Institutions need to ensure that the Qualified Intermediary Institutions integrate SEDD provisions in lending arrangements.

  • None of the Primary Borrowers or any General Partner shall change its fiscal year without prior notice to the Administrative Agent or change its method of accounting other than in accordance with (or not in violation of) the terms of the applicable Constituent Documents (so long as such method is based on Generally Accepted Accounting Principles).


More Definitions of Primary Borrowers

Primary Borrowers is defined in the preamble.
Sample 1

Related to Primary Borrowers

  • Subsidiary Borrowers means (a) each Domestic Subsidiary that is a party hereto as of the Closing Date and (b) each Domestic Subsidiary that becomes a party to this Agreement after the Closing Date pursuant to Section 9.11 or otherwise.

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

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • U.S. Borrowers have the meanings specified in the preamble to this Agreement.

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

  • Canadian Borrower as defined in the preamble hereto.

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

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

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

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • U.S. Borrower means any Borrower that is a U.S. Person.

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

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

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

  • Canadian Administrative Agent means Royal Bank of Canada in its capacity as Canadian administrative agent for the lenders party to the Canadian Credit Agreement and any successor thereto.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Dutch Borrower means any Borrower that is organized under the laws of the Netherlands.

  • Administrative Borrower has the meaning set forth in Section 17.9.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • 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.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to: