Subsidiary Borrowers definition

Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.
Subsidiary Borrowers as defined in the preamble hereto.
Subsidiary Borrowers means Foreign Subsidiary Borrowers and Domestic Subsidiary Borrowers.

Examples of Subsidiary Borrowers in a sentence

  • The Parent Borrower and each of the Subsidiary Borrowers acknowledge that, pursuant to an order (the “Amendment Order”) approving the amendment and restatement of the Existing Credit Agreement.

  • The Parent Borrower and each of the Subsidiary Borrowers further agree that, upon the request of JPMCB, in the exercise of its business judgment, the Parent Borrower and each of the Subsidiary Borrowers shall enter into separate fee mortgages in recordable form with respect to such properties on terms satisfactory to JPMCB.


More Definitions of Subsidiary Borrowers

Subsidiary Borrowers means, effective upon the designation thereof pursuant to any Additional Subsidiary Borrower Designation Letter, each Additional Subsidiary Borrower.
Subsidiary Borrowers shall have the meaning assigned to such term in the Recitals of this Agreement.
Subsidiary Borrowers is defined in the preamble.
Subsidiary Borrowers means all Borrowers other than the Lead Borrower.
Subsidiary Borrowers each Domestic Subsidiary that is a Wholly-Owned Subsidiary and a Restricted Subsidiary that becomes a Borrower after 5 days written notice to the Administrative Agent pursuant to a Subsidiary Borrower Joinder, together with their respective successors and assigns.
Subsidiary Borrowers has the meaning set forth in the introductory paragraph.
Subsidiary Borrowers shall have the meaning set forth in the first paragraph of this Credit Agreement.