U.S. ABL Borrowers definition

U.S. ABL Borrowers means, collectively, Bauer Hockey, Inc. and its U.S. subsidiaries.
Sample 1Sample 2Sample 3
U.S. ABL Borrowers shall have the meaning provided in the first paragraph of this Agreement.
Sample 1
U.S. ABL Borrowers as defined in the recitals hereto.
Sample 1

Examples of U.S. ABL Borrowers in a sentence

  • US Guaranty and Security Agreement, dated as of December 6, 2018, by each of the US ABL Borrowers and US ABL Guarantors in favor of Wells Fargo Bank, National Association, as agent (incorporated by reference to Exhibit 10.31 of the Current Report on Form 8-K filed by the Company on December 10, 2018).

  • Notwithstanding any provision contained in this Agreement or any other Credit Document, neither the European Borrower nor any Foreign Subsidiary of Exide U.S. shall be responsible for or be deemed to have guaranteed any Obligations in respect of U.S. Borrower Term Loans, U.S. ABL Borrowers Revolving Loans, U.S. ABL Borrowers Swingline Loans, or U.S. Borrower Letters or Credit or any other Obligations of any U.S. Credit Party under this Agreement or under any of the other Credit Documents.

  • The obligations of each U.S. ABL Borrower with respect to the U.S. ABL Borrowers Obligations are independent of the obligations of each other U.S. ABL Borrower or any Guarantor under its Guaranty of such U.S. ABL Borrowers Obligations, and a separate action or actions may be brought and prosecuted against each U.S. ABL Borrower, whether or not any other U.S. ABL Borrower or any such Guarantor is joined in any such action or actions.

  • It is not necessary for the Administrative Agent or any other Lender to inquire into the capacity or powers of any U.S. ABL Borrower or any of its Subsidiaries or the officers, directors, members, partners or agents acting or purporting to act on its behalf, and any U.S. ABL Borrowers Obligations made or created in reliance upon the professed exercise of such powers shall constitute the joint and several obligations of the U.S. ABL Borrowers hereunder.

  • All Letters of Credit issued for the account of the U.S. ABL Borrowers (each, a “U.S. Borrower Letter of Credit” and collectively, the “U.S. Borrower Letters of Credit”) shall be issued for the joint and several account of the U.S. ABL Borrowers.

  • In addition to the direct (and joint and several) obligations of the U.S. ABL Borrowers with respect to U.S. ABL Borrowers Obligations as described above, all such U.S. ABL Borrowers Obligations shall be guaranteed pursuant to, and in accordance with the terms of, the U.S. Borrower’s Guaranty and the U.S. Subsidiaries Guaranty.

  • The European Borrower shall have no liability under this Agreement with respect to any U.S. Borrower Letter of Credit which may be issued to the U.S. ABL Borrowers.

  • ABL Borrower shall have any rights of contribution or subrogation with respect to any other U.S. ABL Borrower as a result of payments made by it hereunder, in each case unless and until the Total Commitment has been terminated and all U.S. ABL Borrowers Obligations have been paid in full.

Related to U.S. ABL Borrowers

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

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

  • U.S. Borrowers have the meanings specified in the preamble to this Agreement.

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

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

  • 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.

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

  • Canadian Borrower as defined in the preamble hereto.

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

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

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

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Foreign Subsidiary Borrower means each Borrower that is a Foreign Subsidiary.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

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

  • Foreign Borrower means any Borrower that is a Foreign Subsidiary.

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

  • German Borrower means a Borrower incorporated in Germany.

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.