Examples of Primary Borrower in a sentence

The Chief Restructuring Officer shall have the right from and after the Forbearance Termination Date to direct and conduct asset sales (including, without limitation, the Company Sale Transaction) on behalf of the Primary Borrower and its Subsidiaries in its sole and absolute discretion.
The Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation of ABR, the Term SOFR Reference Rate, Term SOFR, Adjusted Term SOFR, any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Primary Borrower.
The Administrative Agent may resign as Administrative Agent and Collateral Agent upon 10 days’ notice to the Lenders and the Primary Borrower.
From and after May 3, 2024, the Borrowers shall at all times maintain the Strategic Review Committee of the Board of Directors of the Primary Borrower and each of its Subsidiaries.
A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section 2.16 shall be delivered to the Primary Borrower and shall be conclusive absent manifest error.

More Definitions of Primary Borrower

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

Primary Borrower. Sunterra Corporation, a Maryland corporation.

Primary Borrower. TU Finance (No. 1) Limited (registered number 3505836);

Primary Borrower. Sunterra Corporation, a Maryland corporation. ----------------

Primary Borrower means (a) FMCAG, (b) FMCH, (c) FMC-USDLP, (e) any Co-Borrower and (f) any Designated Borrower approved as a Primary Borrower pursuant to Section 2.11, in each case together with their successors and permitted assigns, subject to the provisions of Sections 2.11 and 2.12.

Primary Borrower means Sunrise Baton Rouge Assisted Living, L.L.C. or another Borrower or a Person designated as an attorney-in-fact for the Borrowers designated as such from time to time by the Borrowers by written notice to the Lender.