Borrowing Entity definition

Borrowing Entity means the Issuer or Collateral Provider or any affiliate(s) of the Issuer or Collateral Provider or any entity (or entities) acting on behalf of the Issuer or Collateral Provider engaged in any underlying or borrowing transactions in respect of the Issuer's obligations arising from the Products.

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Borrowing Entity means an entity that is or will be under a liability (whether or not such liability is present or future) to repay any money received by it in response to an invitation to subscribe for or purchase debentures of the entity;

Borrowing Entity means the Issuer or any affiliate(s) of the Issuer or any entity (or entities) acting on behalf of the Issuer engaged in any underlying or borrowing transactions in respect of the Issuer’s obligations arising from the Products.

Examples of Borrowing Entity in a sentence

• Rose, who is ▇▇▇ ▇▇▇▇▇▇▇▇ member and has approximately 93% ownership interest in the Borrowing Entity, filed for bankruptcy in the early 1990's concerning a loan that was secured by 20 hotel properties.

• Both the Evidence of Commercial Property Insurance and the Certificate of Liability must reference the Collateral Property Address and the Borrowing Entity.

• Preservation of Existence, Franchises, Bankruptcy Remote Borrowing Entity Status and REIT Status.

• Evidence, satisfactory to the Agent, that the General SPE qualifies as a Bankruptcy Remote Borrowing Entity and that the execution and performance by the Credit Parties under the Credit Documents shall not affect such status.

• If a third party or tenant provides coverage, the Borrowing Entity must be endorsed as an Additional Insured on all policies required herein.

• The Borrowing Entity (per loan documents) must be either the Named Insured or Additional Insured on all policies.

• Each general partner of the limited partnership must be a Bankruptcy Remote Borrowing Entity satisfying the general requirements set forth above and the additional requirements set forth herein applicable to such general partner (i.e., corporate, limited partnership or limited liability company requirements).

• It is expressly agreed and understood by each Borrowing Entity that Agent and each Bank shall have no responsibility to inquire into the appointment, allocation or disposition of any Loans made to Borrowers.

• Each of S&C, HCI and each of its Wholly Owned Subsidiaries, JV1 and each of its Wholly Owned Subsidiaries and the General SPE is a Bankruptcy Remote Borrowing Entity.

• Each Borrowing Entity expects to derive benefit, directly or indirectly, from such availability because the successful operation of the Borrower is dependent on the continued successful performance of the functions of the integrated group.

More Definitions of Borrowing Entity

Borrowing Entity means any entity, whether a public agency, nonprofit corporation, or for-profit corporation, that receives the direct benefit of services of an employee loaned to it by the City of Spokane.

Borrowing Entity. Prime Retail Finance VI, LLC, the borrower under the Mercantile Loan.

Borrowing Entity means any entity, whether a public agency, nonprofit corporation, or for-profit corporation, that receives the direct benefit or use of property or equipment loaned to it by the City of Spokane.

Borrowing Entity means the individual(s), partnership, joint venture, trust, corporation, or other business entity, or any combination thereof, which is primarily obligated on the loan agreement.

Borrowing Entity means an entity that is or will be under a current or future liability to repay any money received by it in response to an offer to subscribe for or purchase debentures of the entity;