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. In such circumstances, the Issuer may cancel/terminate the Products by providing notice to Holders of the Products in accordance with Condition 10. If the Issuer terminates Products the Issuer will, if and to the extent permitted by applicable law, pay to each Investor in respect of such Products held by it an amount determined by the Calculation Agent in its duly executed discretion (billiges Ermessen), but in accordance with established market practice, as representing the fair market value of such Products immediately prior to such cancellation/termination (notwithstanding any illegality or impossibility). Payment will be made as soon as reasonably possible in such manner as shall be notified to the Holders of the Products within a period of not less than ten (10) nor more than thirty (30) Business Days in accordance with Condition 10. Instead of paying a cash amount corresponding to the Fair Market Value of a Product, the Issuer may – in its duly executed discretion – deliver the Relevant Asset(s) of such Product.

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.

Borrowing Entity means the indi- vidual(s), partnership, joint venture, trust, corporation, or other business entity, or any combination thereof, that is primarily obligated on the loan instrument.

Examples of Borrowing Entity in a sentence

• In other words, the primary underwriting is of the property itself, similar to how a lender would look at a residential rental property.Viability & Validity of the Borrowing Entity: As stated above, the lender can start the loan review and underwriting process while the entity is still being formed.

• The Enrolled Loan must not be used reimburse funds owed to any owners of the Borrowing Entity.

• In addition, the Committee’s Concluding Observations were distributed to members of CRC committees, Governmental institutions, civil societies and to the six Regional Administrations.

• A principal is defined as a proprietor, partner, director, each of the five most highly compensated executives, officers, or employees of the Borrowing Entity,or each direct or indirect holder of twenty percent (20%) or more of the ownership stock or stock equivalent of the Borrowing Entity.

• The Borrowing Entity must not earn more than half of its annual net revenue from lending activities, unless the Borrowing Entity is a non- bank or non-bank holding company that is certified as a Community Development Financial Institution.

More Definitions of Borrowing Entity

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.

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.

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 instrument.

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 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;