Borrowing Base Parties definition

Borrowing Base Parties means, collectively, the CGI Borrowing Base Parties and the Swiss Borrowing Base Parties;

Borrowing Base Parties means, as of any date, the Borrower and each Guarantor that is a Restricted Subsidiary.

Borrowing Base Parties means the Borrowers and the Subsidiary Loan Parties.

Examples of Borrowing Base Parties in a sentence

• The Borrowing Base Parties shall bear the full risk of any loss of any nature whatsoever with respect to the Collateral.

• The Borrowing Base Parties and each of their respective ERISA Affiliates are in compliance in all material respects with the applicable provisions of ERISA and the Code and the regulations and published interpretations thereunder.

• With respect to the disbursement accounts of Borrowing Base Parties (but not the Blocked Accounts or any collection accounts), Agent will only instruct the depository banks at which such disbursement accounts are maintained to transfer funds deposited into the disbursement accounts to the Agent Payment Account at any time that an Event of Default shall exist or have occurred and be continuing.

• Borrowing Base Parties shall deliver, or cause to be delivered to Agent a Deposit Account Control Agreement duly authorized, executed and delivered by each bank where a Blocked Account is maintained as provided in Section 5.2 hereof or at any time and from time to time Agent may become the bank’s customer with respect to any of the Blocked Accounts and promptly upon Agent’s request, Borrowers shall execute and deliver such agreements and documents as Agent may require in connection therewith.

• No Customer with respect to any Eligible Receivable, to the applicable Borrowing Base Party’s actual knowledge, as of the date such Receivable is created, is subject to any of the events or conditions described in clause (d) of the definition of Eligible Receivables, or if such Customer is subject to any such event or condition, the applicable Borrowing Base Parties have set up on its books and in its financial records bad debt reserves adequate to cover such Eligible Receivable.

More Definitions of Borrowing Base Parties

Borrowing Base Parties means (a) the Borrowers and (b) each of the Guarantors whose assets are to be included in the calculation of the Borrowing Base (as determined by the Agent on the Closing Date (with respect to those Guarantors existing as of the Closing Date) and as otherwise contemplated in Section 5.11 (with respect to Persons which become a Guarantor after the Closing Date)).

Borrowing Base Parties means, collectively, the Borrower and the Subsidiary Guarantors.

Borrowing Base Parties means, collectively, the Domestic Borrowers and the Canadian Loan Parties, and, in the singular, any one of them.

Borrowing Base Parties means, collectively, (a) the Borrower and (b) a Subsidiary Guarantors.

Borrowing Base Parties means, collectively, the Domestic Borrowers, the Australian Borrower, the Japanese Borrower and the Canadian Loan Parties, and, in the singular, any one of them.

Borrowing Base Parties means the Domestic Borrower and each of its Domestic Subsidiaries that are Credit Parties, Holdings Borrower and the Sterling Borrower and each of its UK Subsidiaries that are Credit Parties.

Borrowing Base Parties means Borrowers, H&H Canada and Atlantic; each sometimes individually referred to herein as a “Borrowing Base Party”.