Borrower Basic Documents definition

Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound.
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Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound. “Borrower Operating Account” means the account of the Borrower which is identified on Schedule I hereto.
Sample 1
Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound. "Borrower's Account" means the bank account of the Borrower, as notified to the Administrative Agent from time to time in writing by the Borrower,. "Borrowing Base" means, as of any date of determination, an amount equal to (i) the difference of (a) the Net Eligible Pool Balance as of such date, after giving effect to the related additions or removals of Receivables on such date, minus (b) the Required Overcollateralization as of such date, minus (c) the aggregate Adjusted Principal Balance of all Receivables that are owned by the Borrower on such date, after giving effect to the related additions or removals of Receivables on such date, for which either (1) no Certificate of Title of the type described in clause (i) or (ii) of the definition thereof was obtained by the 180th day following the day on which the related Receivable was originated or, without repetition, (2) a Certificate of Title of the type described in clause (i) or (ii) of the definition thereof was obtained that named “Southern Cascades Finance Corporation” as the secured party and a replacement Certificate of Title of the type described in clause (i) or (ii) of the definition thereof that names DFC, the Borrower or the Administrative Agent as secured party has not been obtained by June 30, 2021 (provided, that if any such Certificate of Title is obtained after such 180thday (in the case of
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Examples of Borrower Basic Documents in a sentence

  • All approvals, authorizations, consents, orders, licenses or other actions of any Person or of any Governmental Authority required for the due execution, delivery and performance by the Borrower of the Borrower Basic Documents have been obtained.

  • There is no litigation, proceeding or investigation pending or, to the knowledge of the Borrower, threatened against the Borrower, before any Governmental Authority (i) asserting the invalidity of any Borrower Basic Document, (ii) seeking to prevent the consummation of any of the transactions contemplated by the Borrower Basic Documents or (iii) seeking any determination or ruling that could reasonably be expected to have a Material Adverse Effect.

  • The transactions contemplated by the Borrower Basic Documents do not and will not cause the Borrower not to be Solvent.

  • The execution, delivery and performance of the Borrower Basic Documents do not require compliance with any "bulk sales" act or similar law by the Borrower.

  • The transactions contemplated by the Borrower Basic Documents do not and will not render the Borrower not Solvent.

  • The Borrower has the power and authority to execute, deliver and perform its obligations under the Borrower Basic Documents.

  • There is no litigation, proceeding or investigation pending or, to the knowledge of the Borrower, threatened against the Borrower, before any Governmental Authority (i) asserting the invalidity of any Borrower Basic Document, (ii) seeking to prevent the consummation of any of the transactions contemplated by the LEGAL02/42338653v2 Borrower Basic Documents or (iii) seeking any determination or ruling that could reasonably be expected to have a Material Adverse Effect.

  • There is no litigation, proceeding or investigation pending or, to the best knowledge of the Borrower, threatened against the Borrower, before any Governmental Authority (i) asserting the invalidity of any Borrower Basic Document, (ii) seeking to prevent the consummation of any of the transactions contemplated by the Borrower Basic Documents or (iii) seeking any determination or ruling that could reasonably be expected to have a Material Adverse Effect.

  • There is no litigation, proceeding or investigation pending or, to the knowledge of the Borrower, threatened against the Borrower, before any Governmental Authority (i) asserting the invalidity of any Borrower Basic Document, (ii) seeking to prevent the consummation of any of the transactions contemplated by the LEGAL02/42658427v2 Borrower Basic Documents or (iii) seeking any determination or ruling that could reasonably be expected to have a Material Adverse Effect.

  • The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Borrower Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Borrower Basic Documents) or (iii) form any Subsidiary or make any Investments in any other Person.


More Definitions of Borrower Basic Documents

Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound. "Borrower's Account" means the bank account of the Borrower, as notified to the Administrative Agent from time to time in writing by the Borrower,. "Borrowing Base" means, as of any date of determination, an amount equal to (i) the difference of (a) the Net Eligible Pool Balance as of such date, after giving effect to the related additions or removals of Receivables on such date, minus (b) the Required Overcollateralization as of such date, minus (c) the aggregate Adjusted Principal Balance of all Receivables that are owned by the Borrower on such date, after giving effect to the related additions or removals of Receivables on such date, for which no Certificate of Title of the type described in clause (i) or (ii) of the definition thereof was obtained by the 180th day following the day on which the related Receivable was originated (provided, that if any such Certificate of Title is obtained after such 180th day, the Adjusted Principal Balance of the related Receivable will no longer be deducted pursuant to this clause (c)), plus (ii) the amount of Collections in respect of principal payments that are on deposit in the Collection Account on such. "Borrowing Base Deficiency" means, as of any date of determination, the positive amount, if any, by which (i) the Loans Outstanding exceeds (ii) the Borrowing Base. "Breakage Costs" means (i) such amount or amounts as shall compensate any Lender for any actual loss, cost or expense (but excluding lost profits) incurred by such Lender (as reasonably determined by such Lender) as a result of any prepayment of a Loan (and interest thereon) that is made on less than three Business Days' prior written notice to the Lenders and (ii) such amount or amounts due to any Lender pursuant to Section 2.07(c). "Business Day" means (i) any day (other than a Saturday or a Sunday) on which commercial banking institutions are not required or authorized to be closed in New York, New 8
Sample 1
Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound. "Borrower's Account" means the bank account of the Borrower, as notified to the Administrative Agent from time to time in writing by the Borrower.
Sample 1
Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound. "Borrower's Account" means the bank account of the Borrower, as notified to the Administrative Agent from time to time in writing by the Borrower. "Borrowing Base" means, as of any date of determination, an amount equal to (i) the difference of (a) the Net Eligible Pool Balance as of such date, after giving effect to the related additions or removals of Receivables on such date, minus (b) the Required Overcollateralization as of such date, minus (c) the aggregate Adjusted Principal Balance of all Receivables that are owned by the Borrower on such date, after giving effect to the related additions or removals of
Sample 1
Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound. “Borrower Loan Trust Agreement” means the Loan Trust Agreement, dated as of the Closing Date, between the Borrower and the Borrower Loan Trustee. “Borrower Loan Trustee” has the meaning given to such term in the Preamble. “Borrower Loan Trustee Fee” means the fees set forth in the Borrower Loan Trust Agreement and payable to the Borrower Loan Trustee on each Payment Date in accordance with Section 2.12(c). “Borrower Order” means a written order or request signed in the name of the Borrower by an Authorized Officer of the Borrower delivered to the Collateral Agent. “Borrowing Base” means, as of any date of determination, an amount equal to the sum of (a) the product of (i) the Eligible Pool Balance and (ii) the Advance Rate and (b) all amounts on deposit in the Collection Account as of such date of determination in excess of the product of (i) 1.25 and (ii) all amounts sufficient to make all payments required to be made pursuant to clauses (i), (ii), (iii) and (iv) of Section 2.08(a) on the Payment Date immediately following such date of determination. “Borrowing Base Deficiency” means, as of any date of determination, the positive amount, if any, by which (i) the aggregate Loans Outstanding exceeds (ii) the Borrowing Base. “Breakage Costs” means such amount or amounts as shall compensate any Lender for any administrative loss, cost or expense (but excluding lost profits) incurred by such Lender (as reasonably determined by such Lender) as a result of (a) any prepayment of a Loan (and interest thereon) other than on a Payment Date or (b) any failure by the Borrower to draw on a Funding
Sample 1
Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound. “Borrower Operating Account” means the account of the Borrower which is identified by account number ##########
Sample 1

Related to Borrower Basic Documents

  • Basic Documents means this Agreement, the Certificate of Trust, the Trust Agreement, the Purchase Agreement, the Indenture, the Asset Representations Review Agreement, the Underwriting Agreement and other documents and certificates delivered in connection therewith.

  • Related Documents mean all promissory notes, credit agreements, loan agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter existing, executed in connection with the Loan.

  • Transaction Security Documents means each of the documents listed as being a Transaction Security Document in paragraph 2(e) of Part I of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement and any document required to be delivered to the Administrative Agent under paragraph 3(d) of Part II of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement together with any other document entered into by any Obligor creating or expressed to create any Security over all or any part of its assets in respect of the obligations of any of the Obligors under any of the Finance Documents (and any other Debt Documents).

  • Facility Documents means this Agreement, the Notes, the Account Control Agreement, the Sale Agreement, the Administrative Agent Fee Letter, the Lender Fee Letter, the Collateral Administration and Agency Fee Letter and any other security agreements and other instruments entered into or delivered by or on behalf of the Borrower in favor of the Collateral Agent, the Administrative Agent or any Lender from time to time pursuant to this Agreement.

  • Bond Documents means the Bonds, the Indenture, the Loan Agreement, the Remarketing Agreement, the Remarketing Circular, and all amendments and supplements thereto.

  • Mortgage Loan Documents means, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes and all other documents now or hereafter evidencing and securing the Mortgage Loan.