Relevant Borrower definition

Relevant Borrower means the Borrower which is the owner of the Relevant Ship; and

Relevant Borrower means, with respect to any Borrowing, the Borrower requesting such Borrowing or with respect to any Letter of Credit, the Borrower requesting the issuance of same.

Relevant Borrower means, with respect to any Borrowing, the Borrower requesting such Borrowing.

Examples of Relevant Borrower in a sentence

• If Agent receives such notification from a Lender it shall notify the Relevant Borrower.

• The Relevant Borrower shall pay and, within three Business Days of demand, indemnify each Lender against any cost, loss or liability that Lender incurs in relation to all stamp duty, registration and other similar Taxes payable in respect of any Loan Document.

• The Relevant Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.

• In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other agreement submitted by the Relevant Borrower to, or entered into by the Relevant Borrower with, the applicable Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control.

• The Administrative Agent shall notify the Relevant Borrower of any participation in a Swingline Loan acquired pursuant to this paragraph, and thereafter payments in respect of such Swingline Loan shall be made to the Administrative Agent and not to any Swingline Lender.

More Definitions of Relevant Borrower

Relevant Borrower means (a) with respect to a Loan or a proposed Loan, the Borrower to which such Loan was made or is proposed to be made, as the case may be and (b) with respect to a Letter of Credit or a requested Letter of Credit, the Borrower which has requested the issuance of such Letter of Credit and for whose account such Letter of Credit is issued or requested to be issued, as the case may be.

Relevant Borrower means the Borrower owning that Ship.

Relevant Borrower means, with respect to any outstanding or requested Loan or Advance, whichever of the Borrowers is the existing or proposed primary obligor in respect of such Loan or Advance.

Relevant Borrower as defined, in relation to Dutch Tax matters, in Section 5.8.7, in relation to United Kingdom Tax matters, in Section 5.8.8 and, in relation to Australian Tax matters, in Section 5.8.9.

Relevant Borrower means in respect of a Letter of Credit, the Borrower which has requested the issuance or amendment of that Letter of Credit.

Relevant Borrower as defined, in relation to United Kingdom Tax matters, in Section 5.8.4.

Relevant Borrower means, in respect of CapitalSource Europe Limited, CS Europe Finance Limited and in respect of CapitalSource UK Limited, CS UK Finance Limited.