Common use of Termination of Borrower Clause in Contracts

Termination of Borrower. The dissolution of Borrower (regardless of whether election to continue is made), the withdrawal of any member of Borrower from Borrower, the dissolution of any member of Borrower, or any other termination of Borrower's existence as a going business.

Appears in 8 contracts

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp), Loan and Security Agreement (Bluegreen Vacations Corp), Loan and Security Agreement (BBX Capital Corp)

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Termination of Borrower. The dissolution of either Borrower (regardless of whether election to continue is made), the withdrawal of any member of Borrower from Borrower, the dissolution of any member of Borrower, ) or any other termination of Borrower's existence as a going business.

Appears in 3 contracts

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp), Acquisition Loan and Security Agreement (BBX Capital Corp), Acquisition Loan and Security Agreement (Bluegreen Vacations Corp)

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Termination of Borrower. The dissolution of Borrower (regardless of whether election to continue is made), the withdrawal of 6284.98.1115736.11 any member of Borrower from Borrower, the dissolution of any member of Borrower, or any other termination of Borrower's existence as a going business.

Appears in 1 contract

Samples: Loan Agreement (BBX Capital Corp)

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