Facility Borrower definition

Facility Borrower. The Xxxxxx Borrower, with respect to the Xxxxxx Property; the Holy Family Borrower, with respect to the Holy Family Property; the Nashoba Borrower, with respect to the Nashoba Property; the Xxxxxxx Borrower, with respect to the Xxxxxxx Property; and the Borrower party thereto, with respect to any New Property.
Sample 1
Facility Borrower. As defined in the preamble to this Agreement.
Sample 1
Facility Borrower s general office facility located at 400 Three Springs Drive, Weirton, West Virginia. Xxxxx Xxxxxxxxxxxx - xx xxxxxx xxxxx xx xxx xxxxxxxnce derived when the sum of the principal amount of Revolving Credit Loans then outstanding (including any amounts which Agent or any Lender may have paid for the account of Borrower pursuant to any of the Loan Documents and which have not been reimbursed by Borrower), the LC Amount and any reserves is subtracted from the amount derived under clause (ii) of the definition of Borrowing Base. If the amount outstanding is equal to or greater than the amount derived under clause (ii) of the definition of Borrowing Base, Gross Availability is 0. Guarantors - each Person who hereafter guarantees payment or performance of the whole or any part of the Obligations. Guaranty Agreements - each guaranty hereafter executed by any Guarantor. Hot Mill Collateral - the real Property constituting Borrower's Hot Strip Mill located at Borrower's Weirton, West Virginia steel-making facility, which converts slabs into flat rolled coils and which is legally described on Exhibit A-4 attached to the Agreement, together with all Equipment and Fixtures now or hereafter located thereon (whether or not later moved), including without limitation the Equipment listed on Exhibit A-5 attached to the Agreement. Indebtedness - as applied to a Person means, without duplication:
Sample 1

Examples of Facility Borrower in a sentence

  • In addition, so long as there are any Credit Accommodations outstanding under the Loan Facility, Borrower shall deliver to Lender an Export-Related Borrowing Base Certificate at least once each month.

  • In addition, so long as there are any Credit Accommodations outstanding under the Loan Facility, Borrower shall deliver to Lender at least once each month no later than the twentieth (20th) day of such month or more frequently as required by the Loan Documents, an Export-Related Borrowing Base Certificate.

  • In order to receive Credit Accommodations under the Loan Facility, Borrower shall have delivered to Lender an Export-Related Borrowing Base Certificate as frequently as required by Lender but at least within the past thirty (30) calendar days and a copy of the Export Order(s) (or, for Revolving Loan Facilities, if permitted by Lender, a written summary of the Export Orders) against which Borrower is requesting Credit Accommodations.

  • In connection therewith, Trade Bank may disclose any information relating to the Facility, Borrower or its business, or any Guarantor or its business.

  • To terminate this Agreement and the Credit Facility, Borrower shall deliver a Credit Facility Termination Request to Lender.

  • Simultaneously upon any prepayment of the Revolving Loan and termination of the Revolving Facility, Borrower shall make full indefeasible payment in cash of the principal of and interest on the Term Loan and all other Obligations relating to the Term Loan.

  • The applicable Revolving Facility Borrower and each Ancillary Lender shall, promptly upon the request of the Administrative Agent, provide the Administrative Agent with any information relating to the operation of such Ancillary Facility (including the amount of Ancillary Outstandings) as the Administrative Agent may from time to time reasonably request (which information shall be subject to compliance with Section 9.13).

  • With respect to each Facility, Borrower agrees to pay to Trade Bank the fees specified in the related Supplement as well as those fees specified in the relevant Facility Document(s).

  • Subject to the terms of this Agreement and the Ancillary Documents, an Ancillary Lender may make available an Ancillary Facility to any Revolving Facility Borrower in place of all or part of its Multicurrency Revolving Credit Commitment.

  • The liability of any Foreign Revolving Facility Borrower for the payment of any of the Obligations or the performance of its covenants, representations and warranties set forth in this Agreement and the other Loan Documents shall be several from but not joint with the Obligations of any other Borrower.


More Definitions of Facility Borrower

Facility Borrower means, when in relation to (i) the Canadian Revolving Credit Facility, the Canadian Swing Line Facility and Canadian Letter of Credit Facility: each of Consoltex and Consoltex Group; (ii) the Canadian Term Loan Facility: Consoltex; (iii) the US Revolving Credit Facility and the US Letter of Credit Facility: each of Consoltex USA, Balson-Hercules, LINQ and Consoltex Mexico; (iv) the US Term Loan Facility: each of LINQ and Consoltex Mexico; and (v) the Term B Loan Facility: Consoltex USA.
Sample 1
Facility Borrower s general office facility located at 400 Three Springs Drive, Weirton, West Virginia. Xxxxx Xxxxxxxxxxxx - xx xxxxxx xxxxx xx xxx xxxxxrence derived when the sum of the principal amount of Revolving Credit Loans then outstanding (including any amounts which Agent or any Lender may have paid for the account of Borrower pursuant to any of the Loan Documents and which have not been reimbursed by Borrower), the LC Amount and any reserves is subtracted from the amount derived under clause (ii) of the definition of Borrowing Base. If the amount outstanding is equal to or greater than the amount derived under clause (ii) of the definition of Borrowing Base, Gross Availability is 0. Guarantors - each Person who hereafter guarantees payment or performance of the whole or any part of the Obligations. Guaranty Agreements - each guaranty hereafter executed by any Guarantor. Hot Mill - Borrower's Hot Strip Mill located at Borrower's Weirton, West Virginia steelmaking facility, which converts slabs into flat rolled coils. Indebtedness - as applied to a Person means, without duplication:
Sample 1
Facility Borrower. The Xxxxxx Borrower, with respect to the Xxxxxx Property; the Holy Family Borrower, with respect to the Holy Family Property; the Nashoba Borrower, with respect to the Nashoba Property; the Xxxxxxx Borrower, with respect to the Xxxxxxx Property; the Xxxxx Borrower, with respect to the Xxxxx Property; the West Jordan Borrower, with respect to the West Jordan Property; and the Borrower party thereto, with respect to any New Property. Loan: Individually and collectively, (i) that certain term loan in the original principal amount of Six Hundred Million and No/100 Dollars ($600,000,000) made jointly and severally by certain of the Facility Borrowers in favor of Lender on October 3, 2016, (ii) the 2017 Additional Advance, (iii) that certain term loan in the original principal amount of Three Hundred Fifty Million and No/100 Dollars $350,000,000 made by West Jordan Borrower in favor of West Jordan Lender on the IASIS Closing Date, and (iv) that certain term loan in the original principal amount of Three Hundred Fifty Million and No/100 Dollars $350,000,000 made by Xxxxx Borrower in favor of Xxxxx Lender on the IASIS Closing Date.
Sample 1
Facility Borrower s general office facility located at 400 Three Springs Drive, Weirton, West Virginia. GO/XX Xxxxxxxxxxxx - Xxxxxxxxxxxx xxx Xxxxx Xxxxxxxx xx Borrower in an aggregate principal amount not in excess of $3,100,000, owing to Steelworks Community Federal Credit Union. Guarantors - each Person who hereafter guarantees payment or performance of the whole or any part of the Obligations. Guaranty Agreements - each guaranty hereafter executed by any Guarantor. Hazardous Materials - any chemical, material or substance, exposure to which is prohibited, limited or regulated by any governmental authority or which may or could pose a hazard to the health and safety of the owners, occupants or any persons in the vicinity of any Property or to the indoor or outdoor environment. Holding Period - as defined in Section 10.2 of the Agreement. Hot Mill Collateral - the real Property constituting Borrower's Hot Strip Mill located at Borrower's Weirton, West Virginia steel-making facility, which converts slabs into flat rolled coils and which is legally described on Exhibit A-1 attached to the Agreement, together with Intellectual Property and Computer Hardware and Software used in connection with the operation and maintenance of the Hot Strip Mill and all Equipment and Fixtures now or hereafter located thereon (whether or not later moved), including without limitation the Equipment listed on Exhibit A-2 attached to the Agreement. Incremental Operational Costs - as defined in Section 10.2 of the Agreement.
Sample 1
Facility Borrower means, when in relation to (i) the Canadian Revolving Credit Facility, the Canadian Swing Line Facility and the Canadian Letter of Credit Facility: Consoltex; (ii) the Canadian Term Loan Facility: Consoltex; (iii) the U.S. Revolving Credit Facility and the U.S. Letter of Credit Facility: each of Consoltex Holdings, Consoltex USA, Consoltex International, LINQ, Consoltex Mexico (subject to the Mexican Borrowing Limit) and Rafytek (subject to the Mexican Borrowing Limit); and (iv) the US Term Loan Facility: each of LINQ and Consoltex Mexico (subject to the Mexican Borrowing Limit).
Sample 1

Related to Facility Borrower

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Subsidiary Borrower any Subsidiary of the Borrower that becomes a party hereto pursuant to Section 10.1(c)(i) until such time as such Subsidiary Borrower is removed as a party hereto pursuant to Section 10.1(c)(ii).

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • 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.

  • Dutch Borrower means any Borrower that is organized under the laws of the Netherlands.

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

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

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

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

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • means Borrower s forecasted consolidated and consolidating: (a) balance sheets; (b) profit and loss statements; (c) cash flow statements; and (d) capitalization statements, all prepared on a Subsidiary by Subsidiary or division-by-division basis, if applicable, and otherwise consistent with the historical Financial Statements of the Borrower, together with appropriate supporting details and a statement of underlying assumptions.

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

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

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

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

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

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

  • Canadian Borrower as defined in the preamble hereto.

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

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

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