Swedish Borrowers definition

Swedish Borrowers shall have the meaning set forth in the preamble to this Agreement and shall extend to all permitted successors and assigns of any such Persons.
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Swedish Borrowers the collective reference to the Initial Swedish Borrower and any Additional Borrower organized in Sweden (until such time as it has been terminated as Borrower pursuant to Section 2.24(b)).
Sample 1

Examples of Swedish Borrowers in a sentence

  • First Amended and Restated Revolving Credit Note, made by the Swedish Borrowers to First National Bank of Pennsylvania in the principal Dollar Equivalent amount not to exceed Five Million Two Hundred Fifty Thousand and 00/100 Dollars ($5,250,000.00).

  • First Amended and Restated Revolving Credit Note, made by the Swedish Borrowers to PNC in the principal Dollar Equivalent amount not to exceed Six Million Three Hundred Seventy-Five Thousand and 00/100 Dollars ($6,375,000.00).

  • Subject to S ection 2.7(c), if on any date the Swedish Borrower Outstandings exceed 101% of the Swedish Borrower Sublimit, the Swedish Borrowers shall, within two Business Days after receipt of notice thereof, prepay Loans in an amount sufficient to cause the Swedish Borrower Outstandings to be equal to or less than the Swedish Borrower Sublimit.

Related to Swedish Borrowers

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

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

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

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

  • Canadian Borrower as defined in the preamble hereto.

  • 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 Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • German Borrower means a Borrower incorporated in Germany.

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

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

  • 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.

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

  • Swiss Borrower means a Borrower incorporated, or for tax purposes resident, in Switzerland.

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

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

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • Canadian Borrowing Base means at any time an amount equal to the sum of the Dollar Equivalent of, without duplication:

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

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

  • 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.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • 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.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

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

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.