Common use of Approval of Qualified Borrower Clause in Contracts

Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender in their sole discretion; (ii) such entity shall be one in which a Borrower owns a direct or indirect ownership interest, or through which a Borrower may acquire an investment, the indebtedness of which entity can be guaranteed by such Borrower under its Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;

Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender in their sole discretion; (ii) such entity shall be one in which a Borrower owns a direct or indirect ownership interest, or through which a Borrower may will acquire an investmentInvestment, the indebtedness of which entity can be guaranteed by such the applicable Borrower under its Constituent Documents (a “Qualified Borrower”); and (iiiii) the provisions of this Section 6.3 shall be satisfied; and (iii) the Administrative Agent shall have consented to the addition of such Qualified Borrower in its reasonable discretion;

Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender in their sole discretion; (ii) such entity shall be one in which a Borrower owns a direct or indirect ownership interest, or through which a the Initial Borrower may will acquire an investmentInvestment, the indebtedness of which entity can be guaranteed by such the Initial Borrower under its Constituent Documents (a “Qualified Borrower”); and (iiiii) the provisions of this Section 6.3 shall be satisfied;