Common use of Designated Borrower Clause in Contracts

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 12 contracts

Sources: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)

Designated Borrower. If Other than with respect to any credit Extension of the Term Loan, if the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 3 contracts

Sources: Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 2.18 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 3 contracts

Sources: Credit Agreement (Movado Group Inc), Credit Agreement (Americold Realty Trust), Credit Agreement (Movado Group Inc)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of set forth in Section 2.16 to for the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Meet Group, Inc.)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 2.13 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative AgentLender.

Appears in 1 contract

Sources: Credit Agreement (Argan Inc)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 3.21 to the designation of such Borrower as a Designated Borrower shall have been met to the reasonable satisfaction of the Administrative Agent.

Appears in 1 contract

Sources: Multi Year Revolving Credit Agreement (Nucor Corp)

Designated Borrower. If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.16 2.15 to the designation of such Borrower as a Designated Borrower shall have been met to the satisfaction of the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Fabrinet)