Borrower GP definition

Borrower GP means 2015-1 IH2 Borrower G.P. LLC, a Delaware limited liability company.

Borrower GP shall have the meaning set forth in Section 3.1.24(z).

Borrower GP means Invitation Homes OP GP LLC, a Delaware limited liability company, if it is the general partner of the Borrower, or, if not, any Subsidiary of the Parent that is the general partner of the Borrower.

Examples of Borrower GP in a sentence

• Anything to the contrary herein or elsewhere notwithstanding, in no event shall Borrower have any liability or other obligation under or with respect to the Sponsor Guaranty, the Equity Owner Guaranty or the Borrower GP Guaranty.

• Borrower shall use proceeds of the Loan to (a) make initial deposits of the Reserve Funds, (b) make distributions to Equity Owner and Borrower GP, (c) pay costs and expenses incurred in connection with the closing of the Loan and the related Securitization, and (d) to the extent any proceeds remain after satisfying clauses (a) through (c) above, for such lawful purpose as Borrower shall designate.

• Borrower shall use proceeds of the Loan to (i) make initial deposits of the Reserve Funds, (ii) make distributions to Equity Owner and Borrower GP, (iii) pay costs and expenses incurred in connection with the closing of the Loan and the related Securitization, and (iv) to the extent any proceeds remain after satisfying clauses (i) through (iii) above, for such lawful purpose as Borrower shall designate.

• Except as provided in the Loan Documents, Borrower shall cause (i) Equity Owner to not engage in any activity other than acting as the limited partner of Borrower and the sole member of Borrower GP, (ii) Borrower GP to not engage in any activity other than acting as the sole general partner of Borrower and (iii) Equity Owner GP to not engage in any activity other than acting as the sole general partner of Equity Owner.

• Anything to the contrary herein or elsewhere notwithstanding, in no event shall Borrower have any liability or other obligation under or with respect to the Blackstone Guaranty, the Blackstone Funding Commitment, the Parent Guaranty, the Borrower GP Guaranty or the Equity Owner Guaranty.

More Definitions of Borrower GP

Borrower GP means 2018-2 IH Borrower GP LLC, a Delaware limited liability company.

Borrower GP means IH6 Property Level GP LLC, a Delaware limited liability company.

Borrower GP means TCS Genpar, LLC, a Delaware limited liability company, the general partner of the Borrower.

Borrower GP means Bausch Receivables Funding GP ULC.

Borrower GP has the meaning specified in the Preamble.

Borrower GP. WEG Acquisition Management, LLC, a Delaware limited liability company and the sole general partner of the Borrower.

Borrower GP means First States Investors 3300 B GP, LLC, a Delaware limited liability company, and any other Person that becomes a general partner of Borrower after the Closing Date.