Subsidiary Borrowings definition

Subsidiary Borrowings means, at any time, the aggregate amount of all Borrowings of the Parent's Subsidiaries (other than the Borrowers) at that time (without double counting in relation to intra-Group Borrowings or guarantees given by one Subsidiary in relation to the Borrowings of another);
Sample 1

Examples of Subsidiary Borrowings in a sentence

  • Priority Borrowings not falling within the definitions of Permitted Secured Borrowings or Permitted Subsidiary Borrowings, up to an aggregate amount outstanding of [ ].

  • Assuming that g x , g x , and g x are being computed1with maximum precision allowed by the floating-point arithmetic being used, we have η yj & u, η1 t & u, and η3 t & u, where u is the roundoff unit of this arithmetic.

  • V The Crossing, San Leandro, CA cont’d A critical lesson of the San Leandro Crossings project is that Equitable TOD projects can be highly dependent on market conditions and the availability of public gap funding.

  • Subsidiary Borrowings We capitalize our subsidiary entities to facilitate continuous access to the debt capital markets, usually on an investment grade basis, thereby reducing the demand for capital from the Corporation and sharing the cost of financing equally among other equity holders in partly owned subsidiaries.

  • Presumably that can only be on the basis that he has the capacity to make reasonable efforts to obtain rates.

Related to Subsidiary Borrowings

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • 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.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Lenders pursuant to Section 2.01(b).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

  • 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.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Subsequent Borrowings has the meaning assigned to such term in Section 2.19.

  • Total Borrowings means, in respect of the Corporation on a consolidated basis, as of a given date, the aggregate of the following, without duplication:

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Borrowings means, at any time, the outstanding principal, capital or nominal amount and any fixed or minimum premium payable on prepayment or redemption of any indebtedness for or in respect of:

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Swingline Loans as defined in Section 2.6.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • Term Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).