Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).
Original Borrower means, as the context requires, any of them;
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;
Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;
Initial Borrower has the meaning set forth in the preamble hereto.
Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.
Foreign Borrowing Base means, as of any date, an amount equal to:
Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
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.
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).
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.
Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.
Domestic Loan Parties means the Domestic Guarantors.
Additional Lender Certificate has the meaning assigned to such term in Section 2.06(c)(ii)(F).
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.
Purchasing Borrower Party means Holdings or any subsidiary of Holdings.
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.
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.
Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.
Incremental Lender has the meaning assigned to such term in Section 2.22(b).
Designated Borrower Notice has the meaning specified in Section 2.14.
Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.
Foreign Borrower has the meaning specified in the introductory paragraph hereto.
Schedule I Lender means any Lender named on Schedule I to the Bank Act (Canada).
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.