Relevant Obligor definition

Relevant Obligor means the obligor creating, incurring, assuming or suffering to exist any Inter-Company Subordinated Debt. The term "Obligor" means any of the Company and any Restricted Subsidiary.

Relevant Obligor means the Borrower or Restricted Subsidiary creating, incurring, assuming or suffering to exist any Inter-Company Subordinated Debt.

Relevant Obligor means the Obligor creating, incurring, assuming or suffering to exist any Inter-Company Subordinated Debt. The term “Obligor” means any of the Company and any Restricted Subsidiary.

Examples of Relevant Obligor in a sentence

• The Bank and each Relevant Obligor have obtained or will obtain from time to time all necessary consents, approvals and authorisations in connection with the issue and performance of their respective obligations under the Notes.

• None of the Relevant Obligor(s), the Relevant Group, the Bank nor the Group is or has been involved in any governmental, legal or arbitration proceedings, (including any such proceedings which are pending or threatened, of which any Relevant Obligor or the Bank is aware), which may have, or have had, during the 12 months prior to the date of this Supplement, a significant effect on the financial position or profitability of any Relevant Obligor, the Relevant Group, the Bank or the Group.

• Any Relevant Obligor or any of its Subsidiaries may at any time purchase Notes in the open market or otherwise and at any price, provided that all unmatured Coupons are purchased therewith.

• The Notes so purchased, while held by or on behalf of any Relevant Obligor or any such Subsidiary, shall not entitle the holder to vote at any meetings of the Noteholders and shall not be deemed to be outstanding for the purposes of calculating quorums at meetings of the Noteholders or for the purposes of Condition 19(a) (Meetings of Noteholders).

• So long as any Note remains outstanding, save with the approval of an Extraordinary Resolution of holders of the Notes, each Relevant Obligor undertakes that it will use all its reasonable endeavours to maintain the rating on the Notes by a Rating Agency specified in the relevant Pricing Supplement.

More Definitions of Relevant Obligor

Relevant Obligor means Gazit America or an Approved Maple Ficus Transferee whose holding of such Means of Control and shareholdings (whether acquired by way of transfer from Gazit America or issue of shares by Silver Maple or Ficus): (i) has been approved by the Bank, in accordance with clause 15.13.9 below; and (ii) complies with the provisions of clause 15.13.9 below;

Relevant Obligor means any Obligor (other than the Company) that (a) does not have an interest in any Borrowing Base Asset or any shares or other interest in any person holding an interest in any Borrowing Base Asset (whether by reason of any Borrowing Base Asset ceasing to be so designated in accordance with this Agreement or otherwise) and (b) is not a Material Subsidiary.

Relevant Obligor means any Obligor (a) that has granted Security under a Security Document over such of its assets as specified by the Agent and (b) whose Holding Company(ies) have granted Security over all of the shares in that Obligor to the Security Trustee.

Relevant Obligor means the obligor creating, incurring, assuming or suffering to exist any indebtedness under clause (xiii) under the definition of Permitted Indebtedness under the Indenture and (b) the term "Permitted Junior Securities" means equity securities other than Redeemable Capital Stock or subordinated securities of the Relevant Obligor or any successor obligor provided for by a plan of reorganization or readjustment that, in the case of any such subordinated securities, are subordinate in right of payment to all Securities and Indenture Obligations to at least the same extent as the indebtedness evidenced by this agreement or instrument is so subordinated as provided herein. 2.1

Relevant Obligor means YED plc where YED plc RAV is to be determined, NEDL where NEDL RAV is to be determined and the Company where Aggregate RAV is to be determined; the "aggregate planned capital expenditure assumed by Ofgem" means £834,400,000 in the case of YED plc, £624,500,000 in the case of NEDL and £1,458,900,000 in the case of YED plc and NEDL when taken together;

Relevant Obligor means (x) prior to the Merger Date, CALI and each of the Subsidiary Guarantors and (y) from and after the Merger Date, each Borrower and each of the Subsidiary Guarantors; (ii) "EXCESS FUNDING GUARANTOR" shall mean, in respect of any Guaranteed Obligations, a Relevant Obligor that has paid an amount in excess of its Pro Rata Share of such Guaranteed Obligations; (iii) "EXCESS PAYMENT" shall mean, in respect of any Guaranteed Obligations, the amount paid by an Excess Funding Guarantor in excess of its Pro Rata Share of such Guaranteed Obligations; (iv) "PRO RATA SHARE" shall mean, for any Relevant Obligor, the ratio (expressed as a percentage) of the amount of such Relevant Obligor's Net Assets to the amount of the aggregate Net Assets of all of the Relevant Obligors, in each case determined as of (A)(x) with respect to any Relevant Obligor that is a party hereto on the Initial Borrowing Date, the Initial Borrowing Date or (y) with respect to any other Relevant Obligor, the date such Relevant Obligor becomes a Relevant Obligor hereunder or (B) the date any demand is made hereunder in respect CREDIT AGREEMENT

Relevant Obligor means, (i) with respect to an Obligation described in Clause 3.1(A), Carnival Corporation, (ii) with respect to an Obligation described in Clause 3.1(B), Carnival plc, and (iii) with respect to a joint Obligation of Carnival Corporation and Carnival plc, each of Carnival Corporation and Carnival plc jointly and severally;