Examples of UK Borrowers in a sentence
All documents, instruments, reports and policies required to insure, perfect or evidence the Administrative Agent’s first priority security interest in the collateral of XXXXXXXXX TECHNOLOGIES CORPORATION FIFTH AMENDMENT TO CREDIT AGREEMENT ETEL and the Additional U.K. Borrowers identified in the U.K. Collateral Documents will have been executed and/or delivered and, to the extent applicable, be in proper form for filing.
The U.K. Borrowers (except CGHL) shall have delivered all notices required to be signed by the U.K. Borrowers (except CGHL) pursuant to the U.K. Security Agreement.
The Administrative Agent shall have received (i) an opinion of counsel for the Credit Parties and (ii) an opinion of U.K. counsel with respect to the U.K. Borrowers, in each case dated the Amendment Effective Date, addressed to the Administrative Agent and the Lenders and in form and substance acceptable to the Administrative Agent.
The Administrative Agent shall have received a copy of amendments and/or joinders to the U.K. Collateral Documents duly executed by each of ETEL and the Additional U.K. Borrowers and the Administrative Agent.
If any US Lender or UK Lender, as applicable, is required to maintain reserves with respect to liabilities or assets consisting of or including deposits, US Borrowers or UK Borrowers, as applicable, shall pay additional interest to such US Lender or UK Lender, as applicable, on each Interest Period Loan equal to the costs of such reserves allocated to the Term Loan by such US Lender or UK Lender, as applicable (as determined by it in good faith, which determination shall be conclusive).