Borrower Loan definition

Examples of Borrower Loan in a sentence

  • The party requesting such amendment, which may include the Funding Lender, shall notify the other parties to this Borrower Loan Agreement of the proposed amendment and send a copy of such requested amendment to Tax Counsel.

  • The Borrower has not accepted the Borrower Loan or entered into any Borrower Loan Document or Funding Loan Document with the actual intent to hinder, delay or defraud any creditor, and the Borrower has received reasonably equivalent value in exchange for its obligations under the Borrower Loan Documents and the Funding Loan Documents.

  • No part of the proceeds of the Borrower Loan will be used for the purpose of purchasing or acquiring any “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System or for any other purpose that would be inconsistent with such Regulation U or any other regulation of such Board of Governors, or for any purpose prohibited by Legal Requirements or any Borrower Loan Document or Funding Loan Document.

  • The Borrower Loan Documents and the Funding Loan Documents to which the Borrower is a party have been duly authorized, executed and delivered by the Borrower.

  • Giving effect to the transactions contemplated by the Borrower Loan Documents and the Funding Loan Documents, the fair saleable value of the Borrower’s assets exceeds and will, immediately following the execution and delivery of the Borrower Loan Documents and the Funding Loan Documents, exceed the Borrower’s total liabilities, including subordinated, unliquidated, disputed or contingent liabilities.


More Definitions of Borrower Loan

Borrower Loan means the mortgage loan originated by the Governmental Lender to the Borrower in the principal amount of $[ ] pursuant to the terms of the Borrower Loan Agreement.
Borrower Loan means the mortgage loan originated by the Governmental Lender to the Borrower in the principal amount of $ , evidenced by the Borrower Note, pursuant to the terms of this Borrower Loan Agreement.
Borrower Loan means a direct loan originated through the Platform.
Borrower Loan. The loan from the Governmental Lender to the Borrower under the Borrower Loan Agreement to provide Borrower with financing to acquire, rehabilitate and equip the Project.
Borrower Loan means a loan made by Loop Funding on the Platform;
Borrower Loan means a direct loan originated through the Company’s platform on its website www.prosper.com or any successor website, with a borrower that is an individual.
Borrower Loan means a direct loan originated through the Company’s platform on its website xxx.xxxxxxx.xxx or any successor website, with a borrower that is an individual. , or a direct loan that has otherwise been acquired or assumed by the Company (including pursuant to the Asset Transfer Agreement)