Borrower Basic Documents definition

Borrower Basic Documents means all Basic Documents to which the Borrower is a party or by which it is bound.
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 ##########
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

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.

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


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 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
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
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.
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 specified on Schedule H hereto.

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.

  • Borrower Loan Documents shall have the meaning given such term in the Borrower Loan Agreement.

  • 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.

  • Financing Documents means collectively the documents evidencing Lenders’ commitment to finance the Project.

  • Debt Financing Documents means the agreements, documents and certificates contemplated by the Debt Financing.

  • LC Documents means the Letters of Credit and all applications, agreements and instruments relating to the Letters of Credit.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” under and as defined in the Second Lien Credit Agreement, as each such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Credit Documents mean the agreements, instruments, certificates or other documents at any time evidencing or otherwise relating to, governing or executed in connection with or as security for, a Loan, including without limitation notes, bonds, loan agreements, letter of credit applications, lease financing contracts, banker's acceptances, drafts, interest protection agreements, currency exchange agreements, repurchase agreements, reverse repurchase agreements, guarantees, deeds of trust, mortgages, assignments, security agreements, pledges, subordination or priority agreements, lien priority agreements, undertakings, security instruments, certificates, documents, legal opinions, participation agreements and intercreditor agreements, and all amendments, modifications, renewals, extensions, rearrangements, and substitutions with respect to any of the foregoing.

  • 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.