Florida Borrower definition

Florida Borrower has the meaning set forth in the introductory paragraph hereof and shall include the Florida Borrower’s successors and permitted assigns.
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Florida Borrower means any borrower with a residential Florida property address whose loan any Defendant services and/or subservices as of the Effective Date.
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Florida Borrower means an individual who obtained a loan from Western Sky and who is identified as a Florida resident on his or her Western Sky loan agreement.
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Examples of Florida Borrower in a sentence

  • Whenever the last day for payment of any amount due hereunder shall fall upon Saturday, Sunday or any public or legal holiday, whether federal or of the State of Florida, Borrower shall have until 5:00 p.m. on the next succeeding regular business day to make such payment.

  • Participation in a COVID-19 forbearance will not, independently, render any Florida Borrower ineligible for the Loan Modification Program described herein.

  • Whenever the last day for payment of any amount due hereunder shall fall upon Saturday, Sunday or any public or legal holiday, whether federal or of the State of Florida, Borrower shall have until 5:00 p.m. on the next succeeding regular business day to make such payment.IN WITNESS WHEREOF, Borrower has executed this Promissory Note on the date indicated below.

  • The Tranche A Loans made by each Lender to or for the benefit of Florida Borrower shall, in addition to this Agreement, also be evidenced by a promissory note executed by the Florida Borrower substantially in the form of Exhibit F-2, payable to the order of such Lender in a principal amount equal to the amount of such Lender’s Tranche A Commitment, as in effect on the Fifth Amendment Effective Date (or the date such Lender receives an assignment of such Commitment) and otherwise duly completed.

  • Subject to the terms and conditions hereof, including without limitation, Section 2.14., during the period from the Fifth Amendment Effective Date to but excluding the Termination Date, each Lender severally and not jointly agrees to make Tranche A Loans to the Florida Borrower in an aggregate principal amount at any one time outstanding up to, but not exceeding, the lesser of (x) the amount of such Lender’s Tranche A Commitment and (y) such Lender’s Commitment Percentage of the Borrowing Base.

  • On the Termination Date, the Borrower and the Florida Borrower, jointly and severally, agree to repay the entire outstanding principal amount of, and all accrued but unpaid interest on, the Tranche A Loans made to or for the benefit of the Florida Borrower.

  • Each Notice of Tranche A Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the Borrower or the Florida Borrower, as applicable.

  • The Agent and the Lenders signatory to this Agreement hereby consent to the amendment of the Operating Agreement of each of the New York Borrowers, the Florida Borrower, Morgans/Delano Pledgor LLC, Madison Bar Company LLC, Royalton Pledgor LLC and 43rd Restaurant LLC, so that after giving effect to such amendment, each such Operating Agreement shall be in the respective forms attached hereto as Exhibit X-0, X-0, X-0, X-0, X-0, B-6 or B-7, as applicable.

  • Except for Judge of Florida, Borrower is in compliance with all federal, state and local statutes, rules, regulations, orders and other provisions of law applicable to its ownership or use of properties or the conduct of its business; Borrower has not received any notice of violation of any of the foregoing; and Borrower is not in violation of any judgment, order or decree of any judicial or other governmental body.

  • In railroad traffic control system, the dispatcher at the control center controls the signal indication to the movement of train.


More Definitions of Florida Borrower

Florida Borrower means SST IV 0000 Xxxxxxxx Xxxxx Rd, LLC, a Delaware limited liability company.
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Related to Florida Borrower

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Borrower as defined in the preamble hereto.

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

  • means Borrower s forecasted consolidated and consolidating:

  • New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.

  • Canadian Borrower as defined in the preamble hereto.

  • The Borrower has advised the Banks that the Borrower has entered into an Agreement and Plan of Merger and Reorganization, dated as of February 10, 2000 (the "Merger Agreement"), among the Borrower, Opticare Health Systems, Inc. (the "Parent"), and OC Acquisition Corp., a wholly-owned subsidiary of the Parent ("Merger Sub"), pursuant to which the parties intend to merge Merger Sub with and into the Borrower subject to the terms and conditions thereof which include, among other things, restructuring the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions and due diligence concerning the Merger and any proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not consented to the Merger nor have the Banks agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, and an April 14, 2000, letter agreement, and a May 5, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, and as of March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to the earlier of June 2, 2000, or the termination of the Merger Agreement pursuant to its terms (the earlier of such dates being referred to herein as the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from May 19, 2000, to the Waiver Termination Date, and (iii) postpone the due date for the payment of principal, interest and unused commitment fees otherwise due on or before May 19, 2000, to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from May 19, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, and March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to postpone the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before May 19, 2000, to the Waiver Termination Date, provided that:

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Parent Borrower as defined in the preamble hereto.

  • Credit Parties means the Borrower and the Guarantors.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Foreign Borrower means any Borrower that is organized under the laws of a jurisdiction other than the Unites States, a state thereof or the District of Columbia.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • U.S. Credit Parties means, collectively, the US Borrowers and the US Subsidiary Guarantors.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.