Examples of International Borrower in a sentence
International L/Cs. Letters of Credit issued at the request of any ------------------ International Borrower pursuant to (S)3.1 hereof.
Notwithstanding anything to the contrary in this Amendment, the parties acknowledge and agree that the intent of this Amendment, among other things, is to amend the Credit Agreement such that GIH, GHL and International Borrower are no longer parties thereto and such that International Borrower may no longer borrow funds pursuant thereto.
GRANTORS AND GUARANTORS HILL INTERNATIONAL N.V., as International Borrower, Guarantor and Grantor By: /s/ Xxxxx X.
This Agreement shall become effective when it shall have been executed by the International Borrower, the International Loan Parties, the Lenders, the Administrative Agent and the International Collateral Agent.
The sale by the Borrower and the International Borrower of their construction claims business shall have been consummated pursuant to the terms of the Stock Purchase Agreement dated as of December 20, 2016 without giving effect to any modifications, amendments, consents or waivers that in the aggregate are material and adverse to the Administrative Agent or the U.S. Revolving Credit Lenders, without the written consent of the Administrative Agent.
This Agreement shall become effective and binding on the Execution Date between the Agents, the U.S. Borrower, the International Borrower and the other Initial International Loan Parties, and as to each Subsequent International Loan Party, on the date of its execution and delivery of a counterpart hereof.
The accounts or records so maintained by such Agent, the Issuing Bank or the Overdraft Bank shall be prima facie evidence of the amount of the Loans made by the Lenders to each Borrower, the Overdraft Pound Loans made by the Overdraft Bank to the International Borrower and the Letters of Credit Issued for the account of each Borrower, and the interest and payments thereon.
Notwithstanding the foregoing, however, or any term of any Loan Document to the contrary, (i) neither the International Borrower, nor any International Subsidiary, shall, in any event, be deemed to be a Guarantor in respect of any Obligations of the U.S. Borrower or any U.S. Subsidiary, and (ii) no International Collateral shall secure the payment or performance of the Obligations of the U.S. Borrower or any U.S.
Navistar International, Borrower, and each of their respective Subsidiaries are in compliance with Anti-Corruption Laws and have instituted and maintained policies and procedures designed to promote and achieve compliance with such laws.
No failure on the part of the International Borrower or any Guarantor to make the payments required by Sections 5.01 and 5.02 (or any other payments required under any Requirement of Law or otherwise) shall in any respect limit the obligations and liabilities of any Guarantor with respect to its obligations hereunder, and each Guarantor shall remain liable for the full amount of its obligations hereunder.