Examples of Georgia Borrower in a sentence
None of the Georgia Borrower, the Indiana Borrower and the Texas Borrower (i) is engaged in any business or activity other than in connection with the ownership, management and operation of any Mortgaged Property or (ii) owes any Indebtedness other than Indebtedness relating to the Term Loan or secured by Permitted Liens.
To the knowledge of the Warrantors, each of the Georgia Borrower, the Indiana Borrower and the Texas Borrower is a Single Purpose entity.
The only real or personal property owned by the Georgia Borrower are the Mortgaged Properties known as Embarcadero Club Apartments and Tanglewood Village Apartments and assets related to or arising out of the ownership, the operations and maintenance of such Mortgaged Properties.
Under the Loan Agreement No. 4116-GEO (Rapid Response Component) dated October 28, 2021 and the Loan Agreement No. 4118-GEO (Project Investment Component) dated October 28, 2021, among Georgia (Borrower) the Asian Development Bank (the “ADB”), ADB has agreed to make to the Borrower a loan of 12,179,000 EUR (equivalent of USD 14,400,000) and 464,000 EUR (equivalent of USD 600,000), respectively.The loan agreements were signed by ADB and the Ministry of Finance of Georgia.
With respect to the Property Collateral and Fixtures Collateral located within the State of Georgia, Borrower and/or Guarantors shall deliver to Lender at the closing a Deed to Secure Debt and Security Agreement in the form as shown on Exhibit “H” attached hereto, duly executed, which shall be filed in the Recorder’s office of LAURENS COUNTY, GEORGIA, together with corresponding UCC-1 financing statements in respect of the Fixtures Collateral.
If Borrower or any other Credit Party at any time moves its chief executive office to a location outside of the State of Georgia, Borrower shall, and shall cause such Credit Party, as applicable, to promptly (and in any event within three (3) Business Days after moving such location) appoint CT Corporation (or another service corporation acceptable to Agent) as its agent for service of process and deliver written evidence of such appointment to Agent.
Loan Agreement dated 24 July 2012 between Georgia ("Borrower") and Asian Development Bank ("ADB").
Loan Agreement dated 13 March 2013 between Georgia ("Borrower") and Asian Development Bank ("ADB").
At 7:01 pm Mr. Ballard motioned, seconded by Ms. Viscomi, to convene in Executive Session.
Georgia Borrower is incorporated in or organized under the laws of the state of Delaware.