Puerto Rico Borrower definition

Puerto Rico Borrower shall have the meaning set forth in the introductory paragraph hereto.
Puerto Rico Borrower means Xxxxxx Xxxxxxxx Company, LLC and its successors and permitted assigns.
Puerto Rico Borrower means Xxxxxx Xxxxxxxx Company, LLC, a limited liability company organized under the laws of the Commonwealth of Puerto Rico, and its successors permitted hereunder; provided that any successor shall expressly assume all of the prior Puerto Rice Borrower’s rights and obligations under this Agreement and the other Loan Documents in accordance with Section 7.03 and pursuant to documentation reasonably satisfactory to the Administrative Agent and Ultimate Parent.

Examples of Puerto Rico Borrower in a sentence

  • Each Puerto Rico Borrower hereby pledges and assigns to Lender as collateral for the Loan and grants to Lender a security interest in, all of such Puerto Rico Borrower’s rights, interests and estates now owned, or hereafter Confidential Treatment Requested by Retail Value Inc.

  • Puerto Rico Borrower shall pay to Agent interest on outstanding principal amount of the Puerto Rico Loans at the Interest Rate.

  • No Chapter 13 petition will be filed until all Upfront Fees and costs are paid in full and Client provides all documents..

  • See Fed.R.Civ.P. 56(c) made applicable to adversary proceedings by Fed.

  • Schedule the visit(s) with the site Program Director and Commissioners (Executive Assistant)• Explain the purpose and process of the site visit to the Program Director (See “Letter to Program Director”).• Request a couple of dates/times when the greatest number of consumers will potentially be available to interview.• Site visits outside normal business hours are acceptable.

  • Prior to the transfer by the United States Borrower of any note or negotiable instrument evidencing any indebtedness of the Puerto Rico Borrower to the United States Borrower, the United States Borrower shall xxxx such note or negotiable instrument with a legend that the same is subject to this subordination.

  • If any or all of the indebtedness of the Puerto Rico Borrower to the Lenders becomes due and payable hereunder or under such other Credit Documents or Hedging Agreements, the United States Borrower unconditionally promises to pay such indebtedness to the Lenders, or order, on demand, together with any and all expenses which may be incurred by the Agents or the Lenders in collecting any of the indebtedness.

  • An annuity contract described in Section 403(b) of the Code, excluding after-tax employee contributions.

  • Additionally, the United States Borrower unconditionally and irrevocably guarantees the payment of any and all indebtedness of the Puerto Rico Borrower to the Lenders whether or not due or payable by the Puerto Rico Borrower upon the occurrence of any of the events specified in Sections 7.08 and 7.09, and unconditionally and irrevocably promises to pay such indebtedness to the Lenders, or order, on demand, in lawful money of the United States.

  • Any payment by the Puerto Rico Borrower or other circumstance which operates to toll any statute of limitations as to the Puerto Rico Borrower shall operate to toll the statute of limitations as to the United States Borrower.


More Definitions of Puerto Rico Borrower

Puerto Rico Borrower has the meaning provided in the first paragraph of this Agreement.

Related to Puerto Rico Borrower

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

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

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Canadian Subsidiaries means the Subsidiaries (other than the Canadian Parent) organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Canadian Borrower as defined in the preamble hereto.

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

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

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

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

  • 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 Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • 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.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Parent Borrower as defined in the preamble hereto.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any territory thereof.

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

  • 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.

  • Domestic winery means a place where wines are manufactured

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

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

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

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.