Borrower. The term “Borrower” as used herein shall include any new or successor corporation, association, partnership (general or limited), limited liability company, joint venture, trust or other individual or organization formed as a result of any merger, reorganization, sale, transfer, devise, gift or bequest of Borrower or any interest in Borrower.
Borrower. The word "Borrower" means PREMIER FINANCIAL BANCORP, INC. and includes all co-signers and co-makers signing the Note and all their successors and assigns.
Borrower. As of the related Closing Date, the Mortgagor is not in bankruptcy and is not insolvent and the Seller has no knowledge of any circumstances or condition with respect to the Mortgage, the Mortgaged Property, the Mortgagor or the Mortgagor's credit standing that could reasonably be expected to cause investors to regard the Mortgage Loan as an unacceptable investment, cause the Mortgage Loan to become delinquent or materially adversely affect the value or marketability of the Mortgage Loan. Either the Mortgagor is a natural person who is legally permitted to reside in the United States or the Mortgagor is an inter-vivos trust acceptable to Fxxxxx Mxx. No borrower had a prior bankruptcy in the last ten years. No borrower previously owned a property in the last ten years that was the subject of a foreclosure during the time the borrower was the owner of record.
Borrower. The "Borrower" as defined in the recitals of this Agreement and any person, partnership or corporation hereafter acquiring title to or any interest in the security for the Loan.
Borrower. The word "Borrower" means HEMACARE CORPORATION. The word "Borrower" also includes, as applicable, all subsidiaries and affiliates of Borrower as provided below in the paragraph titled "Subsidiaries and Affiliates."
Borrower. Borrower" has the meaning set forth in the Preamble.
Borrower. The word "Borrower" means IDEAL ACCENTS, INC., and all other persons and entities signing the Note in whatever capacity.
Borrower. The word “Borrower” means Txxxxx X. Xxxxx and includes all co-signers and co-makers signing the Note.
Borrower. The Borrower may not assign or transfer all or part of its rights or obligations under this Agreement.
Borrower. The Borrower hereby represents and warrants to the Custodian and the Agents that:
(a) The Borrower (i) is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, (ii) has all requisite organizational power, and has all governmental licenses, authorizations, consents and approvals, necessary to own its assets and carry on its business as now being or as proposed to be conducted, except where the lack of such licenses,
(A) Section 111 of EESA, as implemented by any guidance or regulations issued by UST thereunder, including 31 CFR 30 and (B) EAWA, as implemented by any guidance or regulation issued by UST thereunder and (v) is in compliance in all material respects with all Requirements of Law.
(b) The Borrower has all necessary organizational power, authority and legal right to execute, deliver and perform its obligations under this Agreement. The execution, delivery and performance by the Borrower of this Agreement has been duly authorized by all necessary organizational action on its part. This Agreement has been duly and validly executed and delivered by the Borrower and constitutes, or when executed and delivered, will constitute, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to the Bankruptcy Exceptions.
(c) No consent, approval or authorization of, registration or filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the execution, delivery, performance, validity or enforceability of this Agreement, except (i) consents, approvals, authorizations, filings, registrations, and notices that have been or will be obtained or made, each of which is in full force and effect and (ii) the filings and recordings in respect of the Liens created pursuant to the Security Documents.
(d) Neither the execution and delivery of this Agreement by the Borrower nor the performance by the Borrower of its obligations set forth in this Agreement will (i) conflict with or result in a breach of (A) the charter, articles of organization, by laws, partnership agreement (including the Partnership Agreement), operating agreement or similar organizational document of the Borrower, or (B) any Requirement of Law, (ii) constitute a default under any material Contractual Obligation with respect to which the Borrower is a party, or (iii) except for the Liens created pursuant t...
