Co-Borrower definition

Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
Co-Borrower means and includes the person(s) who, along with the Borrower shall be jointly and severally liable for repayment of the Outstanding Amount and his/her/their obligation in relation to the Outstanding Amount shall be concurrent with that of the Borrower in all respects as if he/she/they himself/herself/themselves was/were the Borrower and accordingly, the Co-Borrower shall regularly and punctually pay to the Bank the installments as well as other dues payable under the Facility himself/herself/themselves in the event of default by the Borrower.
Co-Borrower has the meaning specified in Section 6.12 hereof.

Examples of Co-Borrower in a sentence

  • All of obligations of the Lead Borrower and the Co-Borrower under this Article III shall survive termination of the Aggregate Commitments and repayment of all other Obligations hereunder.

  • Each notice delivered under this Section 5.02 shall be accompanied by a written statement of a Responsible Officer of Holdings or the applicable Co-Borrower setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto.

  • Each warranty, covenant, agreement and undertaking made on behalf of the Co-Borrower by the Lead Borrower shall be deemed for all purposes to have been made by such Borrower and shall be binding upon and enforceable against such Borrower to the same extent as if the same had been made directly by such Borrower.

  • The Administrative Agent shall, as soon as reasonably practicable, notify the Original Co-Borrower and the 2025 Extending Class B Revolving Credit Lenders of the occurrence of the Amendment Effective Date.


More Definitions of Co-Borrower

Co-Borrower has the meaning assigned to such term in the preamble hereto.
Co-Borrower as defined in the introductory paragraph to this Agreement.
Co-Borrower means the person/entity named as such in the Schedule hereto.
Co-Borrower means any parent, legal guardian or sponsor of an Eligible Student attending an Eligible College or University who shall be jointly and severally liable with a Borrower for the repayment of a Loan.
Co-Borrower as defined in the preamble hereto.
Co-Borrower has the meaning given in the introductory paragraph.
Co-Borrower means (a) New Xxxxxxxxx’x, Inc., Safeway Inc., United Supermarkets, L.L.C. and Spirit Acquisition Holdings LLC and (b) any wholly owned Domestic Subsidiary of Holdings that is a Restricted Subsidiary of Holdings and is designated by the Parent Borrower as a “Co-Borrower”; provided that such designation as a “Co-Borrower” is agreed upon in writing between the Parent Borrower and the Agent.