Borrower Applicant definition

Borrower Applicant has the meaning set forth in Section 2.21.
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Borrower Applicant has the meaning provided in Section 6.3.
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Borrower Applicant means the Registrar of Political Parties or a member of staff of the Office of the Registrar of Political Parties in receipt of a loan out of the Scheme;
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Examples of Borrower Applicant in a sentence

  • The Borrower's Certification and Agreement form captures the information regarding the representative submitting the application for the Borrower (Applicant), Agreement and Digital Certification, as shown in Figure 8.

  • The Administrative Agent shall have received such other information and documents in respect of such Borrower Applicant as may be reasonably required by the Administrative Agent and its counsel.

  • ESPV shall treat as confidential and shall not disclose , use or otherwise make available any Customer Information received from RB with respect to any Borrower, Applicant, customer or consumer, except in accordance with RB’s privacy policy and applicable Requirements and applicable contractual restrictions.

  • The Administrative Agent shall have received such other information and documents in respect of such Qualified Borrower Applicant as may be reasonably required by the Administrative Agent and its counsel.

  • Since we are interested in the impact of the extensive margin on aggregate correlations, we restrict attention to the net change in the number of borrowers.We divide the population into three non overlapping groups reflecting different credit market status: Borrower, Applicant and Inactive.

  • In this respect,we take a conservative approach by assuming that the time needed to complete the loan decision making process and, in case of acceptance, to disburse the credit is six months.13Table 4: Transition Matrix Status in current period Borrower Applicant InactiveStatus in next periodBorrower Applicant Inactive BB BA BIAB AA AIIB IA II Notes: The letter B stands for Borrower, A stands for Applicant and I for Inactive in the credit market.


More Definitions of Borrower Applicant

Borrower Applicant has the meaning specified in the introductory paragraph to this Agreementset forth in Section 2.21.
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Related to Borrower Applicant

  • Borrower Agent as defined in Section 4.4.

  • Applicant Borrower has the meaning specified in Section 2.14.

  • The Borrower has advised the Banks that the Borrower has entered into an Agreement and Plan of Merger and Reorganization, dated as of February 10, 2000 (the "Merger Agreement"), among the Borrower, Opticare Health Systems, Inc. (the "Parent"), and OC Acquisition Corp., a wholly-owned subsidiary of the Parent ("Merger Sub"), pursuant to which the parties intend to merge Merger Sub with and into the Borrower subject to the terms and conditions thereof which include, among other things, restructuring the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions and due diligence concerning the Merger and any proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not consented to the Merger nor have the Banks agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, and an April 14, 2000, letter agreement, and a May 5, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, and as of March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to the earlier of June 2, 2000, or the termination of the Merger Agreement pursuant to its terms (the earlier of such dates being referred to herein as the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from May 19, 2000, to the Waiver Termination Date, and (iii) postpone the due date for the payment of principal, interest and unused commitment fees otherwise due on or before May 19, 2000, to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from May 19, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, and March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to postpone the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before May 19, 2000, to the Waiver Termination Date, provided that:

  • Borrower as defined in the preamble hereto.

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

  • 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;

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Applicable Borrower means, with respect to any Loan or other amount owing hereunder or any matter pertaining to such Loan or other amount, whichever of the Borrowers is the primary obligor on such Loan or other amount.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Parent Borrower as defined in the preamble hereto.

  • Eligible Borrower means owners or others having an interest in property situated within the downtown area of a participating city, community development corporations associated with a participating city, Iowa main street program organizations associated with a participating city, community-initiated development groups associated with a participating city, or other organization associated with a participating city for purposes of implementing the Iowa main street program.

  • 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.

  • Borrower DTTP Filing means an HM Revenue & Customs’ Form DTTP2 duly completed and filed by the relevant Borrower, which:

  • Term Loan Administrative Agent means the administrative agent under the Term Loan Agreement

  • Administrative Borrower has the meaning set forth in Section 17.9.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Lender Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • applicant Party means the Contracting Party requesting information;