Borrower Group definition

Borrower Group has the meaning provided in Section 10(c) hereof.

Borrower Group means the Borrower and its Subsidiaries from time to time.

Borrower Group a group consisting of (a) the Canadian Borrower, (b) the UK Borrower, or (c) the U.S. Borrowers, as the context requires.

Examples of Borrower Group in a sentence

• The Borrower shall not, and shall not permit any other Borrower Group Member to, engage in any seismic survey that is funded by the Borrower Group in an amount that exceeds 60% of the aggregate costs of such seismic survey.

• Each of the Borrower Group Members are corporations duly incorporated or partnerships duly formed, and validly existing under the laws of their respective jurisdictions of incorporation or formation, as applicable.

• The Borrower shall not, and shall not permit any other Borrower Group Member to, make any Acquisitions, other than Permitted Acquisitions.

• All books and records of the Borrower Group have been fully, properly and accurately kept and completed and there are no material inaccuracies or discrepancies of any kind contained or reflected therein.

• The Borrower shall not, and shall not permit any other Borrower Group Member to, incur, assume or permit to exist any Debt other than Permitted Debt.

More Definitions of Borrower Group

Borrower Group means the Borrower and each of its Holding Companies and Subsidiaries and each Subsidiary of each of its Holding Companies.

Borrower Group means each Borrower, the Restricted Subsidiaries and the Designated Restricted Entities.

Borrower Group has the meaning assigned to such term in Section 2(c).

Borrower Group means the Borrower and each Restricted Subsidiary.

Borrower Group means the Borrower and its Subsidiaries.

Borrower Group means the Borrower and the Operating Companies and “Borrower Group Member” means any of the Borrower or any Operating Company.

Borrower Group means the Borrower and its Restricted Subsidiaries for the time being (but excluding, for the avoidance of doubt, any Excluded Subsidiary).