Subsidiary Borrower Termination definition

Subsidiary Borrower Termination means a Subsidiary Borrower Termination substantially in the form of Exhibit C.
Sample 1Sample 2Sample 3
Subsidiary Borrower Termination a Subsidiary Borrower Termination delivered to the Administrative Agent in accordance with Subsection 11.1(h), substantially in the form of Exhibit N-2 hereto.
Sample 1Sample 2Sample 3
Subsidiary Borrower Termination means a notice executed by the Parent Borrower and delivered to the Administrative Agent terminating a Subsidiary’s status as a Borrower hereunder in accordance with Section 2.20.
Sample 1Sample 2Sample 3

Examples of Subsidiary Borrower Termination in a sentence

  • Upon the occurrence of a Subsidiary Borrower Termination Event with respect to any Subsidiary Borrower, such Subsidiary Borrower (a “Terminated Subsidiary Borrower”) shall cease to be a Borrower for purposes of this Agreement and shall no longer be entitled to request or borrow Advances hereunder.

  • Currently the Group has one investment policy with the purpose of maximising the return on surplus cash with the aim of outperforming the benchmark, within acceptable levels of risk return exposure and mitigate the credit and liquidity risks that the Group is exposed to through investment activities.

  • Promptly following receipt of any Foreign Subsidiary Borrower Agreement or Foreign Subsidiary Borrower Termination, the Administrative Agent shall send a copy thereof to each Revolving Credit Lender.

  • Promptly following receipt of any Subsidiary Borrower Agreement or Subsidiary Borrower Termination, the Administrative Agent shall send a copy thereof to each Lender.

  • Each Subsidiary Borrower Election delivered to the Administration Agent shall be duly executed on behalf of the relevant Material Subsidiary and the Parent Borrower, and each Subsidiary Borrower Termination delivered to the Administrative Agent shall be duly executed on behalf of the Parent Borrower.


More Definitions of Subsidiary Borrower Termination

Subsidiary Borrower Termination a Subsidiary Borrower Termination substantially in the form of Exhibit M-2.
Sample 1Sample 2Sample 3
Subsidiary Borrower Termination means any termination executed by the Parent Borrower in accordance with Section 2.22 and substantially in the form of Exhibit C-3.
Sample 1Sample 2
Subsidiary Borrower Termination means a Subsidiary Borrower Termination delivered to the Administrative Agent in accordance withSection 2.35 substantially in the form of Exhibit H hereto (or otherwise reasonably satisfactory to the Administrative Agent).
Sample 1
Subsidiary Borrower Termination means a Subsidiary Borrower Termination substantially in the form of Exhibit M.
Sample 1
Subsidiary Borrower Termination means any termination executed by the Parent Borrower in accordance with Section 2.23 and substantially in the form of Exhibit D-3.
Sample 1
Subsidiary Borrower Termination a Subsidiary Borrower Termination substantially in the form of Exhibit I, as the same may be amended, supplemented or otherwise modified from time to time.
Sample 1
Subsidiary Borrower Termination means a Subsidiary Borrower Termination substantially in the form of Exhibit C-2. “Subsidiary Guarantor” means (a) each Material Domestic Subsidiary of the Company executing the Guarantee and Collateral
Sample 1