THE BORROWERS definition

THE BORROWERS. EDGEN XXXXXX CORPORATION

THE BORROWERS with a references to "the US Borrower" and "the US Borrower's", respectively.

THE BORROWERS. Debit Balance" shall mean the debit balance in an account on the books of the Bank, maintained in the form of a ledger card, computer records or otherwise in accordance with the Bank's customary practice and appropriate accounting procedures wherein there shall be recorded the principal amount of all advances and readvances made by the Bank to the Borrower, all principal payments made by the Borrower to the Bank hereunder, and all other appropriate debits and credits to principal. The Bank shall render to the Borrower a statement of account with respect thereto on a monthly basis. The statement shall be considered correct and be considered accepted by the Borrower, and shall conclusively bind the Borrower, unless Borrower notifies the Bank to the contrary within thirty (30) days after the date of Borrower's receipt of the statement. The Bank agrees to lend to the Borrower, and the Borrower may borrow, up to the maximum principal sum provided for in this Note in accordance with and subject to the terms, conditions, and limitations of this Note and the Commercial Loan Agreement dated October 24, 1995, as amended by First Amendment to Commercial Loan Agreement and Loan Documents dated March 20, 1996, and by Second Amendment to Commercial Loan Agreement and Loan Documents of even date herewith among the Bank and the Borrower, and as the same may be further amended from time to time hereafter (as amended, the "Loan Agreement"). The holder of this Note is entitled to all of the benefits and rights, and is subject to all of the obligations, of the Bank under the Loan Agreement. However, neither this reference to the Loan Agreement nor any provision thereof shall impair the absolute and unconditional obligation of the Borrower to pay the principal and interest of this Note as herein provided. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Loan Agreement. The Borrower agrees that the Bank may deliver all advances under this Note by direct deposit to any demand account of the Borrower with the Bank or in such other reasonable manner as may be designated in writing by the Bank to the Borrower, and that all such advances shall represent binding obligations of the Borrower. The Borrower acknowledges that this Note is to evidence the Borrower's obligation to pay its Debit Balance, plus interest and any other applicable charges as determined from time to time, and that it shall continue to do so despite the occurrence of in...

Examples of THE BORROWERS in a sentence

• EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE OBLIGATIONS OF THE LIQUIDITY PROVIDER TO MAKE ADVANCES HEREUNDER, AND THE BORROWER'S RIGHTS TO DELIVER NOTICES OF BORROWING REQUESTING THE MAKING OF ADVANCES HEREUNDER, SHALL BE UNCONDITIONAL AND IRREVOCABLE, AND SHALL BE PAID OR PERFORMED, IN EACH CASE STRICTLY IN ACCORDANCE WITH THE TERMS OF THIS AGREEMENT.

• NO INDEMNITEE SHALL BE RESPONSIBLE OR LIABLE TO THE BORROWERS OR TO ANY OTHER PARTY TO ANY FINANCING DOCUMENT, ANY SUCCESSOR, ASSIGNEE OR THIRD PARTY BENEFICIARY OR ANY OTHER PERSON ASSERTING CLAIMS DERIVATIVELY THROUGH SUCH PARTY, FOR INDIRECT, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES WHICH MAY BE ALLEGED AS A RESULT OF CREDIT HAVING BEEN EXTENDED, SUSPENDED OR TERMINATED UNDER THIS AGREEMENT OR ANY OTHER FINANCING DOCUMENT OR AS A RESULT OF ANY OTHER TRANSACTION CONTEMPLATED HEREUNDER OR THEREUNDER.

• ACCORDINGLY, EACH LENDER REPRESENTS TO THE BORROWERS AND THE ADMINISTRATIVE AGENT THAT IT HAS IDENTIFIED IN ITS ADMINISTRATIVE QUESTIONNAIRE A CREDIT CONTACT WHO MAY RECEIVE INFORMATION THAT MAY CONTAIN MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH ITS COMPLIANCE PROCEDURES AND APPLICABLE LAW, INCLUDING FEDERAL AND STATE SECURITIES LAWS.

• THE BORROWERS, THE ADMINISTRATIVE AGENT AND THE LENDERS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

• ACCORDINGLY, EACH LENDER REPRESENTS TO THE BORROWERS AND THE ADMINISTRATIVE AGENT THAT IT HAS IDENTIFIED IN ITS ADMINISTRATIVE QUESTIONNAIRE A CREDIT CONTACT WHO MAY RECEIVE INFORMATION THAT MAY CONTAIN MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH ITS COMPLIANCE PROCEDURES AND APPLICABLE LAW.

More Definitions of THE BORROWERS

THE BORROWERS means "the Borrowers, jointly and severally, and any one of the Borrowers, individually."

THE BORROWERS means Mali, Mauritania and Senegal, individually and not jointly; and

THE BORROWERS. EDGEN XXXXXX CORPORATION EDGEN XXXXXX CANADA INC. EDGEN XXXXXX EUROPE LIMITED EDGEN XXXXXX PTE. LTD. OTHER LOAN PARTIES: EM HOLDINGS LLC PIPE ACQUISITION LIMITED EMGH LTD. EMBZ I, L.L.C. EMBZ II, L.L.C. EDGEN XXXXXX DO BRASIL LIMITADA Investor

THE BORROWERS. , "any Borrower", "each Borrower", "a Borrower" or any similar such reference shall be deemed to be a reference to Dental Service."

THE BORROWERS. WXI/MCN MULTIFAMILY REAL ESTATE LIMITED PARTNERSHIP, a Delaware limited partnership By: WXI/MCN Multifamily Gen-Par, L.L.C., a Delaware limited liability company, its General Partner By: WXI/McN Realty L.L.C., a Delaware limited liability company, its Managing Member By: -------------------------------- Name: --------------------------- Title: -------------------------- BRENDON WAY FUND XII ASSOCIATES, an Indiana general partnership By: WXI/MCN Gen-Par II, L.L.C., a Delaware limited liability company, its General Partner By: WXI/McN Realty L.L.C., a Delaware limited liability company, its Managing Member By: -------------------------------- Name: --------------------------- Title: -------------------------- CASTLE BLUFF FUND XII ASSOCIATES L.P., a Texas limited partnership By: Castle Bluff Corporation, a Texas corporation, its General Partner By: ------------------------------------- Name: -------------------------------- Title: ------------------------------- N-3 EMBARCADERO ASSOCIATES, a Georgia general partnership By: WXI/MCN Gen-Par I, L.L.C., a Delaware limited liability company, its General Partner By: WXI/McN Realty L.L.C., a Delaware limited liability company, its Managing Member By: -------------------------------- Name: --------------------------- Title: ------------------------- AGREED TO AND ACKNOWLEDGED: By: WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP XI, a Delaware limited partnership By: WH Advisors, L.L.C. XI, a Delaware limited liability company, its general partner By: -------------------------------- Name: Title: By: WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP XII, a Delaware limited partnership By: WH Advisors, L.L.C. XII, a Delaware limited liability company, its general partner By: -------------------------------- Name: Title: THE LENDER: AMRESCO CAPITAL, L.P., a Delaware limited partnership By: AMRESCO Mortgage Capital, Inc., a Delaware corporation Its: Sole General Partner By: ------------------------------- Name: -------------------------- Title: -------------------------

THE BORROWERS with references to "such Borrower" and "such Borrower's", respectively, (iii) replacing the first reference therein to "the Loans" with a reference to "the Loans made to it" and (iv) inserting the phrase ", in the case of the US Borrower," immediately following the reference to "Swingline Loans and/or" appearing in clause (a) thereof.

THE BORROWERS and “the Lender” shall be construed as including the successors and assignees of the Parties.