Foreign Discretionary Guarantor definition

Foreign Discretionary Guarantor means a Discretionary Guarantor that is organized in a jurisdiction outside of the United States.
Sample 1Sample 2Sample 3
Foreign Discretionary Guarantor has the meaning assigned to such term in the definition of “Discretionary Guarantor”.
Sample 1
Foreign Discretionary Guarantor has the meaning specified in Section 11.23. “Foreign Lender” means (a) if the Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (b) if the Borrower is not a U.S. Person, a Lender that is resident or organized under the laws of a jurisdiction other than that in which the Borrower is resident for tax purposes. For purposes of this definition, the United States, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. “Foreign Obligor” means a Loan Party that is a Foreign Person for which, as of the end of any fiscal year for which financial statements have been delivered pursuant to Section 6.01(a), has total assets (including Equity Interests in other Subsidiaries and excluding investments that are eliminated in consolidation) of equal to or greater than 3.75% of Consolidated Total Assets. “Foreign Person” means any Person that is organized under the Laws of a jurisdiction other than the United States, a state thereof or the District of Columbia. “Foreign Subsidiary” means any direct or indirect Subsidiary of Limited that is a Foreign Person. “FRB” means the Board of Governors of the Federal Reserve System of the United States. “Fronting Exposure” means, at any time there is a Defaulting Lender that is a Revolving Lender, (a) with respect to the L/C Issuer, such Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Revolving Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Line Lender, such Defaulting Lender’s Applicable Percentage of Swing Line Loans other than Swing Line Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Revolving Lenders in accordance with the terms hereof.
Sample 1

Examples of Foreign Discretionary Guarantor in a sentence

  • Except as may be expressly agreed with respect to any Foreign Discretionary Guarantor, no Canadian Loan Party shall be deemed to have provided a Loan Guaranty in respect of any US Obligation (it being understood that the US Loan Parties shall guarantee the Canadian Obligations).


More Definitions of Foreign Discretionary Guarantor

Foreign Discretionary Guarantor means a Discretionary Guarantor that is organized in a jurisdiction outside of the United States. “Foreign Lender” means any Lender that is not a “United States person” within the meaning of Section 7701(a)(30) of the Code. “Foreign Subsidiary” means any Restricted Subsidiary that is not a Domestic Subsidiary.
Sample 1
Foreign Discretionary Guarantor means a Discretionary Guarantor that is organized in a jurisdiction outside of the “Foreign Lender” means any Lender that is not a “United States person” within the meaning of Section 7701(a)(30) of the
Sample 1

Related to Foreign Discretionary Guarantor

  • Subsidiary Guarantor means any Guarantor other than Holdings.

  • Guarantor means: .............................................................................................................................................

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Non-Guarantor Subsidiary means any Restricted Subsidiary that is not a Guarantor.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.