Applicable Borrowers or “applicable Loan Parties” means (i) with respect to any Loan to the Canadian Borrower, Letter of Credit issued for the account of the Canadian Borrower or other amounts directly attributable to the Canadian Loan Parties, the Canadian Borrower or the Canadian Loan Parties, respectively and (ii) with respect to any other amount required to be paid hereunder, the U.S. Borrowers, jointly and severally.
Applicable Borrowers means (i) with respect to all matters involving the US Facility, the US Facility Borrower, (ii) with respect to all matters involving the UK Facility, the UK Facility Borrowers, (iii) with respect to all matters involving the Canadian Facility, the Canadian Facility Borrower, and (iv) with respect to all matters involving the Australian Facility, the Australian Facility Borrowers.
Applicable Borrowers means (a) with respect to the Commitments (including any Revolving Loans and/or the Letters of Credit made (or to be made) or issued (or to be issued) thereunder), the Company and each Domestic Subsidiary designated to be a Subsidiary Borrower for such purpose pursuant to Section 2.05 (so long as such Subsidiary shall remain a Subsidiary Borrower hereunder) and (b) with respect to Section 2.04 (including the right to request Competitive Bids and to borrow Competitive Loans hereunder), the Company and each Subsidiary designated to be a Subsidiary Borrower for such purpose pursuant to Section 2.05 (so long as such Subsidiary shall remain a Subsidiary Borrower hereunder). References herein to “the Applicable Borrower” shall refer to each particular Applicable Borrower under clause (a) or (b) above which is (or shall be) the Borrower in respect of the relevant Loans or Letters of Credit.
Examples of Applicable Borrowers in a sentence
Applicable Borrowers shall, no later than thirty (30) days prior to the expiration of the Investment Period of any Investor, notify Administrative Agent of the expiration thereof.
Any Issuing Bank may resign at any time by giving 60 days’ prior notice to the Administrative Agent and the Applicable Borrowers.
Applicable Borrowers shall promptly notify Administrative Agent of the expiration, termination or suspension of the Investment Period, or any liquidation, winding up or dissolution of any such Borrower.
Applicable Borrowers shall promptly notify Administrative Agent of the expiration, termination or suspension of the Commitment Period, or any liquidation, winding up or dissolution of any such Borrower.
Applicable Borrowers shall, no later than thirty (30) days prior to the expiration of the Commitment Period of any Investor, notify the Administrative Agent of the expiration thereof.
More Definitions of Applicable Borrowers
Applicable Borrowers means U.S. Borrowers and/or Canadian Borrower, as the context requires.
Applicable Borrowers means (a) with respect to all matters involving the US Facility, the US Facility Borrowers and (b) with respect to all matters involving the Offshore Facility, the Offshore Facility Borrowers.
Applicable Borrowers means (a) with respect to matters relating to US Revolving Loans and Letters of Credit issued for the benefit of the US Borrowers and other matters relating to the US Credit Agreement, the US Borrowers, and (b) with respect to matters relating to UK Revolving Loans and Letters of Credit issued for the benefit of the UK Borrower and other matters relating to the UK Credit Agreement, the UK Borrower.
Applicable Borrowers or “applicable Loan Parties” means with respect to any amount required to be paid hereunder, the Borrowers, jointly and severally.
Applicable Borrowers or “applicable Loan Parties” means (i) with respect to any Canadian Revolving Credit Loan to the Canadian Borrower or other Canadian Obligations directly attributable to the Loan Parties in respect of such Canadian Revolving Credit Loan to the Canadian Borrower, the Canadian Borrower or the Loan Parties, respectively, (ii) with respect to any Canadian Revolving Credit Loan to the U.S. Borrower or other U.S. Obligations directly attributable to the U.S. Loan Parties in respect of such Canadian Revolving Credit Loan to the U.S. Borrower, the U.S. Borrower or the U.S. Loan Parties, respectively, and (iii) with respect to any other U.S. Obligations hereunder, the U.S. Borrower or the U.S. Loan Parties, respectively. “Applicable Fee Rate” means (i) until the end of the first full fiscal quarter commencing after the Closing Date, 0.375% per annum and (ii) thereafter (x) so long as no Default or Event of Default has occurred and is continuing, the applicable percentage per annum set forth below determined by reference to the average daily Revolving Credit Exposure for the immediately preceding fiscal quarter: - 4- CG&R Draft Current date: 03/02/2023 10:05 AM 63515514v23CG&R Draft Current date: 03/01/2023 4:17 PM 70014411v6
Applicable Borrowers or “applicable Loan Parties” means (i) with respect to any Canadian Revolving Credit Loan to the Canadian Borrower or other Canadian Obligations directly attributable to the Loan Parties in respect of such Canadian Revolving Credit Loan to the Canadian Borrower, the Canadian Borrower or the Loan Parties, respectively, (ii) with respect to any Canadian Revolving Credit Loan to the U.S. Borrower or other U.S. Obligations directly attributable to the U.S. Loan Parties in respect of such Canadian Revolving Credit Loan to the U.S. Borrower, the U.S. Borrower or the U.S. Loan Parties, respectively, and (iii) with respect to any other U.S. Obligations hereunder, the U.S. Borrower or the U.S. Loan Parties, respectively.
Applicable Borrowers means, individually or collectively as the context requires, (a) with respect to US Revolving Loans, US Swing Loans, US Letters of Credit, US Protective Advances, the Delayed Draw Term Loan and the US Term Loan, US Borrowers and (b) with respect to Canadian Revolving Loans, Canadian Swing Loans, Canadian Letters of Credit, Canadian Protective Advances and the Canadian Term Loan, Canadian Borrowers.