Sterling Borrower definition

Sterling Borrower has the meaning specified in the preamble to this Agreement.
Sample 1Sample 2Sample 3
Sterling Borrower means each Borrower listed under the heading “Sterling Tranche” on Schedule 2.3 and any other Borrower added to the Sterling Tranche pursuant to Section 6.12.
Sample 1Sample 2Sample 3
Sterling Borrower any Borrower which is organized under the laws of, and has its principal office in, the United Kingdom.
Sample 1Sample 2

Examples of Sterling Borrower in a sentence

  • Each Issuing Bank shall distribute to the Administrative Agent all payments received by such Issuing Bank from the Domestic Borrower and Sterling Borrower in reimbursement of drawings honored by such Issuing Bank under such L/C when such payments are received.

  • The foregoing financial statements fairly present in all material respects the financial condition of the Domestic Borrower and its consolidated subsidiaries and of the Sterling Borrower and its consolidated subsidiaries as at the dates thereof and results of operations for such periods in conformity with GAAP consistently applied.

  • If the Sterling Borrower or the Holdings Borrower is unable for any reason to effect payment of a Sterling Loan in Sterling as required hereunder or if the Sterling Borrower or the Holdings Borrower shall default in the payment when due of any payment in Sterling, the Lenders may, at their option, require such payment to be made to the Administrative Agent in the Dollar Equivalent of such Sterling payment at the Administrative Agent's Payment Office specified for payments of Loans in US Dollars.

  • Since September 30, 1999 there have been no changes with respect to the Domestic Borrower and its consolidated subsidiaries or with respect to the Sterling Borrower and its consolidated subsidiaries which have had or could reasonably be expected to have, singly or in the aggregate, a Materially Adverse Effect.

  • At any time that Base Rate Loans are outstanding, Administrative Agent shall notify the applicable Sterling Borrower and Sterling Lenders of any change in Administrative Agent’s “prime rate” used in determining the Base Rate for Sterling Loans denominated in Dollars promptly following the public announcement of such change.

  • If the requesting Sterling Borrower requests a Sterling Borrowing of, conversion to or continuation of Eurocurrency Rate Loans in any such Sterling Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month.

  • If such notice is given by such Sterling Borrower, then such Sterling Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein.

  • In any such case, each of the Sterling Borrower and the Holdings Borrower agrees to hold Lenders harmless from any loss incurred by such Lender arising from any change in the value of US Dollars in relation to Sterling between the date such payment became due and the date of payment thereof.

  • United States, 481 U.S. 412, 423 n.7 (1987), and the two are often analogized.

  • If the requesting Sterling Borrower fails to specify a currency in a Sterling Loan Notice requesting a Sterling Borrowing, then the Sterling Loans so requested shall be made in Dollars.


More Definitions of Sterling Borrower

Sterling Borrower means initially Ring PLC, a limited company organized under the laws of England and Wales (Registered in England No. 29796), and after Ring PLC became a private company (September 19, 2000), shall mean Ring Limited, a limited company organized under the laws of England and Wales (Registered in England No. 29796), and its successor and assigns.
Sample 1
Sterling Borrower one or more of the following: Tiffany, Tiffany International or Tiffxxx & Xo., a corporation organized under the laws of the United Kingdom and whose principal office is located in the United Kingdom.
Sample 1
Sterling Borrower means each of Newco and Adience.
Sample 1
Sterling Borrower means Ring Limited, a limited company organized under the laws of England and Wales (Registered in England No. 29796), and its successor and assigns.
Sample 1

Related to Sterling Borrower

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

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

  • 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.

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

  • German Borrower means a Borrower incorporated in Germany.

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

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

  • 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.

  • Canadian Borrower as defined in the preamble hereto.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

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

  • 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.

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

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

  • Borrower Group means the Borrower and each of its Subsidiaries.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

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

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

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

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • means Borrower s forecasted consolidated and consolidating: (a) balance sheets; (b) profit and loss statements; (c) cash flow statements; and (d) capitalization statements, all prepared on a Subsidiary by Subsidiary or division-by-division basis, if applicable, and otherwise consistent with the historical Financial Statements of the Borrower, together with appropriate supporting details and a statement of underlying assumptions.

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

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Original Borrower means, as the context requires, any of them;

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

  • Parent Borrower as defined in the preamble hereto.