Borrower Group Members definition

Borrower Group Members means, collectively, the Borrower and the Subsidiaries.
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Borrower Group Members means, collectively and individually as the context may require, Borrower, any subsidiary of Borrower, Pledgor, Guarantor, Sunrise Guarantor and any other guarantor under any guarantee or other credit enhancement delivered in connection with the Loan.
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Borrower Group Members means, collectively, the Loan Parties and PROP and “Borrower Group Member” means any of them.
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Examples of Borrower Group Members in a sentence

  • All insurance required to be obtained by the Borrower Group Members pursuant to Section 5.08 has been obtained and is in full force and effect, and all premiums then due and payable on all such insurance have been paid.

  • Unless prohibited by applicable law or court order, each Lender and the Administrative Agent shall notify the Borrower of any request by any Governmental Authority (other than any request in connection with an examination of the financial condition of such Lender) for disclosure of Confidential Information prior to such disclosure; provided further, that in no event shall the Administrative Agent or any Lender be obligated to return any materials furnished by the Borrower Group Members.

  • This Section shall supersede any confidentiality letter or agreement with respect to the Borrower Group Members or the Transaction entered into prior to the date hereof.

  • In the event there are revisions to GAAP that would affect the computation of financial covenants, ratios, or other requirements set forth in the Loan Documents, Borrower agrees to negotiate in good faith to amend such affected provisions to provide substantially the same financial covenants, ratios, or other requirements of the Borrower Group Members as in effect prior to such change to GAAP.

  • Other than as listed in Item 6.7 of the Disclosure Schedule, there is no pending or, to the knowledge of the Borrower, threatened litigation, action, proceeding or controversy affecting the Borrower Group Members, or any of their respective Properties, businesses, assets or revenues which, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

  • Borrower will, and will cause the other Borrower Group Members to, take all such action as is necessary to keep the operations of Borrower and its Subsidiaries separate and apart from those of Guarantor and General Partner including, without limitation, ensuring that all customary formalities regarding corporate existence, including holding regular board of directors’ meetings and maintenance of corporate records, are followed.

  • The Borrower will, and will cause the other Borrower Group Members to, conduct all transactions with any of their respective Affiliates upon fair and reasonable terms that are substantially as favorable to the Borrower Group Members as it would obtain in a comparable arm’s-length transaction with a Person not an Affiliate of the Borrower Group Members.

  • The Borrower will, upon request of the Administrative Agent or any Lender, furnish to Administrative Agent information presented in reasonable detail as to the insurance maintained by the Borrower Group Members.

  • The Borrower shall promptly furnish to Administrative Agent copies of all Material Agreements of the Borrower Group Members entered into after the Closing Date.

  • This operation, whose long-lived assets were substantially impaired in 2010, had a history of losses which were projected to continue throughout the business planning period.


More Definitions of Borrower Group Members

Borrower Group Members means (i) individually, each Loan Party, each Expanded Property Owner, each Subsidiary of a Loan Party or an Expanded Property Owner, and each Subsidiary of any such Subsidiary (and any of its Subsidiaries and so on through any chain of ownership through multiple subsidiary chains), and each Affiliate of any Loan Party which owns, directly or indirectly, any interest in any Expanded Property, and (ii) collectively, all of the Persons set forth in clause (i); provided, that the following Persons shall not constitute Borrower Group Members merely as a result of their status as such Persons: (a) shareholders of Holdings, (b) limited partners of Borrower (other than Holdings), (c) Oxnard Factory Outlet Partners, (d) Arizona Factory Shops Partnership, (e) Triple Outlet World Joint Venture, (f) Harborboat Realty, Inc., (g) the Contessa Nxxxx xx Xxxxxxx Fxxxxx, (h) European Outlet Associates LLC and (i) Fine Furniture Direct, Inc.
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Borrower Group Members means, collectively, the Loan Parties and the Project Company.
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Borrower Group Members means, collectively, the Loan Parties and the Project Company. “Borrowing” means each borrowing of Loans hereunder.
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Borrower Group Members the collective reference to the Restricted ---------------------- Group Members and the Unrestricted Group Members.
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Related to Borrower Group Members

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Group Member means a member of the Partnership Group.

  • Parent Borrower as defined in the preamble hereto.

  • Group Members the collective reference to the Borrower and its Subsidiaries.

  • Credit Parties means the Borrower and the Guarantors.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Borrower as defined in the preamble hereto.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Credit Party means the Administrative Agent, any Issuing Bank, the Swingline Lender or any other Lender.

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Loan Party means any Borrower or any Guarantor.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Borrower Affiliate shall have the meaning set forth in the Lead Securitization Servicing Agreement; provided that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer to a “Borrower Affiliate” as defined in the related Non-Lead Securitization Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Canadian Borrower as defined in the preamble hereto.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.