Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).
Original Borrower shall have the meaning set forth in the recitals hereto.
Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;
Initial Borrower has the meaning specified in the preamble hereto.
New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.
Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.
Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.
Purchasing Borrower Party means Holdings or any subsidiary of Holdings.
Foreign Borrowing Base means, as of any date, an amount equal to:
Designated Borrower Notice has the meaning specified in Section 2.14.
Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.
Additional Lender Certificate has the meaning assigned to such term in Section 2.06(c)(ii)(F).
Qualified Borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.
Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).
Funding Borrower shall have the meaning set forth in Section 20.12 hereof.
Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.
Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.
Designated Borrower has the meaning specified in the introductory paragraph hereto.
Foreign Borrower means any Borrower that is organized under the laws of a jurisdiction other than the Unites States, a state thereof or the District of Columbia.
Schedule I Lender means any Lender named on Schedule I to the Bank Act (Canada).
Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Domestic Loan Parties means, collectively, the Company and the Guarantors.
Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.