Borrower Entity shall have the meaning set forth in Section 11.1 hereof.
Borrower Entity means a Person (a) in which the Borrower, directly or indirectly, has made an Investment, but which is not a Subsidiary, and (b) in which Person the Borrower, directly or indirectly, has a capital investment of no less than 10% of the aggregate capital investment of such Person.
Borrower Entity means each of Borrower and the Borrower Subsidiaries.
Examples of Borrower Entity in a sentence
As used herein, references to “Other Borrowers” shall mean all Borrower Entities other than the particular Borrower Entity so referred.
Any renewal, extension, increase, modification, alteration, restatement or rearrangement entered into by any Other Borrower of all or any part of the Debt, the Note, the Loan Agreement, the other Loan Documents, or any other document, instrument, contract or understanding between any Other Borrower and Lender, or any other parties, pertaining to the Debt or any failure of Lender to notify Borrower Entity of any such action.
More Definitions of Borrower Entity
Borrower Entity means each of the entities identified in Exhibit A annexed hereto, together with their respective successors and assigns.
Borrower Entity has the meaning assigned in Section 3.5.
Borrower Entity. Each of the Borrower, the Owners’ Agent and the Operator and each of their respective successors and assigns.
Borrower Entity means, collectively, each Borrower, Maryland Owner, and SPE Component Entity; the term “Loan Party” shall mean, collectively, each Borrower Entity, Borrower Principal, PRISA Investments and any Affiliated Manager; and the term “Related Party” shall mean, as to any Person, any other Person (a) that is an Affiliate of such Person or (b) in which such Person owns, directly or indirectly, in the aggregate more than fifty percent (50%) of the beneficial ownership interests in such Person. Notwithstanding anything to the contrary in this Guaranty or any of the other Loan Documents, the aggregate liability of Guarantor with respect to the Guaranteed Obligations set forth in (y) Section 1.2(a)(ix), Section 1.2(b)(ii) and Section 1.2(b)(iii) above (collectively, the “Bankruptcy Recourse Events”), and (z) under Section 1.2(a)(ix), Section 1.2(b)(ii) and Section 1.2(b)(iii) of the Mezzanine 1 Guaranty (as hereinafter defined), Mezzanine 2 Guaranty (as hereinafter defined), and the Mezzanine 3 Guaranty (as hereinafter defined) shall not exceed $200,000,000 (the “Guaranty Cap”). The Guaranty Cap shall not be reduced as a result of any prepayments of the Loan or any Mezzanine Loan. For purposes of this Guaranty, the term “Mezzanine 1 Guaranty” shall mean the “Guaranty” as defined in the Mezzanine 1 Loan Agreement; the term “Mezzanine 2 Guaranty” shall mean the “Guaranty” as defined in the Mezzanine 2 Loan Agreement; and the term “Mezzanine 3 Guaranty” shall mean the “Guaranty” as defined in the Mezzanine 3 Loan Agreement. Guaranty & Indemnity Agreement
Borrower Entity and “Borrower Entities” means, singularly and collectively, as the context requires, [LIST ALL OF THE SEPARATE ENTITIES THAT ARE THE BORROWER]
Borrower Entity means each of the Borrower, the Investment Subsidiary and any Permitted Additional Subsidiary.