Removed Borrower definition

Removed Borrower has the meaning set forth in Section 9.05(b)
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Removed Borrower has the meaning assigned to such term in Section 9.23.
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Removed Borrower has the meaning set forth in Section 2.24.
Sample 1

Examples of Removed Borrower in a sentence

  • The Company cannot designate a Restricted Subsidiary as a Borrower hereunder if such Borrower has been a Removed Borrower.

  • Upon satisfaction of the foregoing, the Lenders and the Issuers shall not be obligated to make Loans to, or issue Letters of Credit on account of, such Removed Borrower.

  • Subject to compliance with the foregoing conditions in clauses (i), (ii), (iii) and (iv) of the immediately preceding sentence, as of the Borrower Removal Date, the applicable Removed Borrower will cease to be a Borrower under this Agreement and all references to “Borrowers”, a “Borrower” or similar references will be deemed to be references only to the remaining Borrowers and all provisions relating specifically to the applicable Removed Borrower will cease to apply.

  • Zimmer may also designate a Borrower to be removed as a Borrower hereunder by so indicating on a duly executed amended Schedule A (each such Borrower, a "Removed Borrower"); provided, however, that no Borrower shall be relieved of any of its outstanding Obligations by virtue of becoming a Removed Borrower.

  • The Parent, the Borrower and the Removed Borrower hereby request such counsel to deliver such opinion.

  • Each Removed Borrower shall remain fully liable for any and all of its outstanding Obligations, and such Obligations shall remain fully guarantied under the Bristol-Myers Guaranty.

  • Upon the satisfaction of the foregoing conditions the rights and obligations of such Removed Borrower hereunder shall terminate; provided, however, that the obligations of such Removed Borrower under Section 12.5 shall survive such amendment.


More Definitions of Removed Borrower

Removed Borrower shall have the meaning provided in Section 12.1.
Sample 1

Related to Removed Borrower

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

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

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

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

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

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Borrower as defined in the preamble hereto.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Canadian Borrower as defined in the preamble hereto.

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

  • Loan Party means any one of them.