Maryland Individual Borrower definition

Maryland Individual Borrower means Inland Western Colesville New Hampshire SPE, L.L.C., a Delaware limited liability company, together with its successors and permitted assigns.
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Maryland Individual Borrower means Towson II VF L.L.C., a Delaware limited liability company, together with its successors and permitted assigns.
Sample 1

Examples of Maryland Individual Borrower in a sentence

  • Mortgage Borrower (excluding Maryland Individual Borrower) and Maryland Owner are the owners of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgages) located on or at each Individual Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder.

  • Each Individual Borrower (except Maryland Individual Borrower) and/or Maryland Owner shall qualify to do business and shall remain in good standing under the laws of the State in which its Individual Property is located and as and to the extent required for the ownership, maintenance, management and operation thereof.

  • All transfer taxes, deed stamps, intangible taxes or other amounts in the nature of transfer taxes required to be paid by any Person under applicable Legal Requirements currently in effect in connection with the transfer of each Individual Property to an Individual Borrower (except Maryland Individual Borrower) or Maryland Owner have been paid.

  • Borrower (except Maryland Individual Borrower) and/or Maryland Owner shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of each Individual Property.

  • Borrower (other than Maryland Individual Borrower) and Maryland Owner shall keep and maintain all Licenses necessary for the operation of each Individual Property as a retail shopping center, except where failure to maintain a License would not reasonably be expected to have an Individual Material Adverse Effect.

  • Borrower (excluding Maryland Individual Borrower) and Maryland Owner are the owners of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgages) located on or at each Individual Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder.

  • Borrower (except Maryland Individual Borrower) and/or Maryland Owner shall reimburse Lender for any reasonable out-of-pocket losses, costs, damages or expenses (including reasonable attorneys’ fees and court costs) incurred by Lender if an interest in any Individual Property, other than as permitted hereunder or under any of the other Loan Documents (including Permitted Encumbrances), is claimed by another Person.

Related to Maryland Individual Borrower

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

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

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

  • 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.

  • Loan Party means the Borrower and each Guarantor.

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

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

  • Michigan state housing development authority means the public body corporate and politic created by Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, MCL 125.1421.

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Original Borrower shall have the meaning set forth in the recitals hereto.

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

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

  • Foreign Guarantor means Parent and each Guarantor that is a Foreign Subsidiary.

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

  • 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.

  • Qualified Borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • State hospital means the Arizona state hospital.

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Tribe means an Indian tribe or band, or Alaskan Native village, which is recognized by federal law or formally acknowledged by a state.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • 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.

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Foreign Credit Party means a Credit Party which is not a Domestic Credit Party.

  • Foreign Obligor means a Loan Party that is a Foreign Subsidiary.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.