Applicable Borrower definition

Applicable Borrower means, with respect to any Loan or other amount owing hereunder or any matter pertaining to such Loan or other amount, whichever of the Borrowers is the primary obligor on such Loan or other amount.

Applicable Borrower means, with respect to any Loan or other amount owing hereunder or any matter pertaining to such Loan or other amount, whichever of the Borrowers is the primary obligor on such Loan or other amount and, with respect to any Letter of Credit, whichever of the Borrowers is the account party with respect thereto.

Applicable Borrower means (a) the US Borrower, with respect to the US Facility, and (b) the Canadian Borrower, with respect to the Canadian Facility.

Examples of Applicable Borrower in a sentence

• In the event notice of redemption shall have been given as provided in Section 4.05, the Trust shall pay or require the Applicable Borrower to pay to the Trustee on or prior to the redemption date an amount in cash which, in addition to other moneys, if any, available therefor held by the Trustee, will be sufficient to redeem on the redemption date at the Redemption Price thereof, plus interest accrued and unpaid to the redemption date, all of the Bonds to be redeemed.

• Surrender Right, a TALF Agent shall deliver to Custodian (with a copy to Lender and Administrator) a Collateral Surrender and Acceptance Notice, executed by such TALF Agent on behalf of its Applicable Borrower.

• In the event notice of redemption shall have been given as provided in Section 4.05, the I- Bank shall pay or require the Applicable Borrower to pay to the Trustee on or prior to the redemption date an amount in cash which, in addition to other moneys, if any, available therefor held by the Trustee, will be sufficient to redeem on the redemption date at the Redemption Price thereof, plus interest accrued and unpaid to the redemption date, all of the Bonds to be redeemed.

• This diligence should provide a reasonable basis for the TALF Agent to know the Applicable Borrower and other diligenced Persons and to (i) identify any problematic or adverse information that may bear on the appropriateness of such Person’s participation in the TALF Program, and (ii) provide a basis to satisfy certain representations, warranties, and covenants that the TALF Agent is required to make under the Lending Agreement.

• The FRBNY will determine in its sole discretion whether an Applicable Borrower will be permitted to participate in the TALF Program.

More Definitions of Applicable Borrower

Applicable Borrower means any Revolving Borrower or any Subsidiary Swingline Borrower, as applicable, which is the Borrower to whom such Credit Extension was, or is to be, made.

Applicable Borrower means, with respect to any Credit Extension, the Borrower with respect to such Credit Extension.

Applicable Borrower means, with respect to any Loan, either U.S. Borrower, the Canadian Borrower or the U.K. Borrower, as applicable, which is the Borrower to whom such Loan was, or is to be, made.

Applicable Borrower means, with respect to any Loan or any other amount payable hereunder or any Letter of Credit, the Borrower that is the primary obligor on such Loan or other amount or that is the account party with respect to such Letter of Credit.

Applicable Borrower means (a) with respect to the Term Facility, the Term Loan Borrower and (b) with respect to the Revolving Credit Facility, the applicable Revolving Credit Borrower, as the context requires.

Applicable Borrower means (a) any Domestic Borrower, in the case of Domestic Loans and Letters of Credit and (b) McKesson Canada, in the case of Canadian Loans and Bankers’ Acceptances.

Applicable Borrower means, (a) with respect to the 2015 Term Loans, the Borrower, (b) with respect to the Incremental Term B-1 Loans, the Borrower and HPUI collectively, on a joint and several basis, (c) with respect to the Second Amendment Refinancing Term Loans, the Borrower and HPUI collectively, on a joint and several basis, (d) with respect to the Third Amendment Refinancing Term Loans, the Borrower and HPUI collectively, on a joint and several basis, (e) with respect to the Fourth Amendment Refinancing Term Loans, the Borrower and HPUI collectively, on a joint and several basis, (f) with respect to the Revolving Loans and Revolving Commitments, HPUI, (g) with respect to the Sixth Amendment Refinancing Term Loans, (h) with respect to the Seventh Amendment Refinancing Term Loans, HPUI and (hi) with respect to any Incremental Loan or any Other Refinancing Loan, the Borrower or any Additional Borrower, as applicable, that is the borrower of such Loan.