OfficeMax 2013 Annual Report Download - page 201

“Loan Guarantor” means (a) each US Loan Party, with respect to the Obligations of the US Loan Parties, and (b) each Loan Party, with respect to
the Obligations of the European Loan Parties.
“Loan Guaranty” means Article X of this Agreement and each separate guaranty, to the extent that such guaranty is permissible under the laws of
the country in which the applicable Foreign Subsidiary party to such guaranty is located, in form and substance satisfactory to the Administrative Agent,
delivered by each Loan Guarantor that is aany Foreign Subsidiary (which guaranty shall be governed by the laws of the country in which such Foreign
Subsidiary is located if the Administrative Agent requests that such law govern such guaranty), as it may be amended or modified and in effect from time to
time.
“Loan Parties” means the Company, the other Borrowers, the Company’s domestic Subsidiaries (other than Immaterial Subsidiaries and any
domestic subsidiary that is a direct or indirect subsidiary of a Foreign Subsidiary that is treated as a corporation for purposes of the Code) and any other
Person who becomes a party to this Agreement pursuant to a Joinder Agreement or executes a separate Loan Guaranty and their respective successors and
assigns; provided that upon any Borrower becoming a Removed Borrower, such Removed Borrower shall be deemed to no longer be a Loan Party.
“Loans” means the loans and advances made by the Lenders pursuant to this Agreement, including Revolving Loans, Swingline Loans and
Protective Advances.
“Local Time” means, (a) local time in London with respect to the times for the receipt of Borrowing Requests for European Revolving Loans,
European Swingline Loans and European Letter of Credit Requests to an Issuing Bank, of any disbursement by the European Administrative Agent of
European Revolving Loans, European Swingline Loans and European Protective Advances and for payment by the Borrowers with respect to European
Revolving Loans, European Swingline Loans and European Protective Advances and reimbursement obligations in respect of European Letters of Credit,
(b) local time in New York, with respect to the times for the determination of “Dollar Equivalent”, for the receipt of Borrowing Requests of US Revolving
Loans, US Swingline Loans, US Protective Advances, US Letter of Credit Requests to an Issuing Bank, for receipt and sending of notices by and
disbursement by the Administrative Agent or any Lender and any Issuing Bank and for payment by the Borrowers with respect to US Revolving Loans, US
Swingline Loans, US Protective Advances and reimbursement obligations in respect of US Letters of Credit, (c) local time in London, with respect to the times
for the determination of “LIBO Rate” and “OVERNIGHTOvernight LIBO RATERate”, (d) otherwise, if a place for any determination is specified herein, the
local time at such place of determination and (e) otherwise, New York time.
“Low Season” means for any period of determination of any Borrowing Base, any period identified by an appraiser selected and engaged by the
Administrative Agent as a low selling period or similar term in the most recent appraisal ordered by the Administrative Agent.
“LSC” has the meaning assigned to such term in Section 5.15.
“Luxembourg” means the Grand Duchy of Luxembourg.
“Luxembourg Borrower” means OD International (Luxembourg) Finance S.À R.L., a private limited liability company (a 
) incorporated under the laws of Luxembourg, having its registered office at 6C, rue Gabriel Lippman, L-5365 Munsbach and registered with the
Luxembourg Trade and Companies Register under number B 93.853.
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