Examples of Co-Borrower in a sentence
BARINGS PRIVATE CREDIT CORPORATION CLO 2023-1 LTD., as Borrower By: /s/Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Director BARINGS PRIVATE CREDIT CORPORATION CLO 2023-1, LLC, as Co-Borrower By: /s/Xxxxxx X.
The Borrower, the Co-Borrower, their Subsidiaries and their respective directors, officers and employees and, to the knowledge of the Borrower, the agents of the Borrower and the Co-Borrower and its Subsidiaries, are in compliance with all applicable Sanctions and with the Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder (the "FCPA") and any other applicable anti-corruption law, in all material respects.
Each Co-Borrower is a direct, primary and independent obligor, and no Co-Borrower shall be deemed to be a guarantor, accommodation party or otherwise secondarily liable for the Obligations.
Each of the Co- Borrowers represents and warrants to the Lenders, the Collateral Trustee and the Loan Agent that: (a) It is an exempted company limited by shares and incorporated under the laws of Bermuda (in the case of the Borrower) or a limited liability company duly formed and validly existing and in good standing under the law of the State of Delaware (in the case of the Co-Borrower).
Each Co-Borrower hereby acknowledges that none of the parties hereto has any fiduciary relationship with or fiduciary duty to such Co-Borrower pursuant to the terms of this Agreement, and the relationship between the Collateral Trustee, the Lenders and the Loan Agent on the one hand, and the Co-Borrowers, on the other hand, in connection herewith is solely that of debtor and creditor.