Borrower Controlling Entity definition

Borrower Controlling Entity means, if the Borrower is a partnership, any general partner or managing partner of the Borrower, or if the Borrower is a limited liability company, the manager or managing member of the Borrower, or if the Borrower is a not for profit corporation, the shareholders thereof.

Borrower Controlling Entity means, if the Borrower is a partnership, any general partner or managing partner of the Borrower, or if the Borrower is a limited liability company, the manager or managing member of the Borrower.

Borrower Controlling Entity means any general partner of the Borrower. “Borrower Equity Account” shall mean the Borrower Equity Account of the Project Fundestablished under Section 7.3.

Examples of Borrower Controlling Entity in a sentence

• All service, maintenance or repair contracts affecting the Project have been entered into at arm’s length (except for such contracts between the Borrower and its affiliates or the affiliates of the Borrower Controlling Entity of the Borrower) in the ordinary course of the Borrower’s business and provide for the payment of fees in amounts and upon terms comparable to existing market rates.

• All service, maintenance or repair contracts affecting the Project will be or have been entered into at arm’s length (except for such contracts between the Borrower and its Affiliates or the Affiliates of the Borrower Controlling Entity of the Borrower) in the ordinary course of the Borrower’s business and provide for the payment of fees in amounts and upon terms comparable to existing market rates.

• All service, maintenance or repair contracts affecting the Project have been entered into at arm’s length (except for such contracts between the Borrower and its Affiliates or the Affiliates of the Borrower Controlling Entity of the Borrower) in the ordinary course of the Borrower’s business and provide for the payment of fees in amounts and upon terms comparable to existing market rates.

• The Remarketing Agent has no obligation to remarket any Bonds registered in the name of the Borrower, the Credit Facility Provider or any Borrower Controlling Entity, member or guarantor of the Borrower unless the Credit Facility shall be in full force and effect after such remarketing.

• All service, maintenance or repair contracts affecting the Project will be or have been entered into at arm’s length (except for such contracts between the Borrower, any Borrower Affiliate and any Borrower Controlling Entity) in the ordinary course of the Borrower’s business and provide for the payment of fees in amounts and upon terms comparable to existing market rates.

More Definitions of Borrower Controlling Entity

Borrower Controlling Entity means the general partner of the Borrower.

Borrower Controlling Entity means any general partner or managing partner of the Borrower.

Borrower Controlling Entity means the general partner of the Borrower. “Borrower Deferred Equity” shall have the meaning set forth in the Construction Funding Agreement.

Borrower Controlling Entity means the general partner of the Borrower. “Borrower Deferred Equity” shall mean the Equity Contributions to be made by the Equity Investor to Borrower pursuant to the Partnership Agreement other than Borrower Initial Equity, in accordance with the following schedule (subject to adjustments as contained in the Borrower’s Partnership Agreement): Amount Date $ Closing Date 1, , or such later date as “Substantial Completion” is achieved, as such term is defined and as otherwise provided in the Partnership Agreement 1, , or such later date as “Stabilized Operations” are achieved, as such term is defined and as otherwise provided in the Partnership Agreement 1, , or such later date as provided in the Partnership Agreement $ Total

Borrower Controlling Entity means any general partner of the Borrower.

Borrower Controlling Entity means the general partner of the Borrower. “Borrower Deferred Equity” shall have the meaning set forth in the ConstructionFunding Agreement.

Borrower Controlling Entity means the general partner of the Borrower. “Borrower Deferred Equity” shall mean the Equity Contributions to be made by the Equity Investor to Borrower pursuant to the Partnership Agreement other than Borrower Initial Equity, in accordance with the following schedule (subject to adjustments as contained in the Borrower’s Partnership Agreement): Amount Date $526,151.80 Closing Date $3,156,910.80 April 1, 2018, or such later date as “Substantial Completion” is achieved, as such term is defined and as otherwise provided in the Partnership Agreement $1,420,609.86 April 1, 2018, or such later date as “Stabilized Operations” are achieved, as such term is defined and as otherwise provided in the Partnership Agreement $157,845.54 October 1, 2018, or such later date as “Receipt of 8609s” as provided in the Partnership Agreement $5,261,518.00 Total