Prior Borrower definition

Prior Borrower has the defined meaning assigned to it in Recital I of this Agreement;

Prior Borrower means Millennium Housing Corporation, a California nonprofit public benefit corporation.

Prior Borrower means the local governmental unit or other eligible borrower which is the obligor on a loan made from, or local governmental obligations purchased with, the proceeds of the Prior Bonds or Prior Senior Lien Bonds, or any body, agency, political subdivision, officer or other instrumentality of the Commonwealth, or any corporation, association, partnership, or other entity, as applicable, which shall hereafter succeed to the powers, duties and functions of said local governmental unit or other eligible borrower.

Examples of Prior Borrower in a sentence

• Reference is made to that certain Loan Agreement (the "Agreement") dated as of June 20, 1997, by and between the Lender and Golf Host Resorts, Inc., a Colorado corporation (the "Prior Borrower").

• Nexstar Finance, L.L.C., a Delaware limited liability company (the “Prior Borrower”), entered into the Credit Agreement, dated as of January 12, 2001 (such agreement, together with all amendments and restatements, the “2001 Credit Agreement”), among the Prior Borrower, Nexstar Broadcasting Group, L.L.C., a Delaware limited liability company (the “Prior Parent”), certain Subsidiaries of the Prior Parent, and the financial institutions parties thereto.

• Nexstar Finance, L.L.C., a Delaware limited liability company (the “Prior Borrower”), entered into the Credit Agreement, dated as of January 12, 2001 (such agreement, together with all amendments and restatements, the “2001 Credit Agreement”), among the Prior Borrower, the Prior Parent, certain Subsidiaries of the Prior Parent from time to time parties thereto, and the several financial institutions from time to time parties thereto.

• As an inducement to the Lender to enter into this Agreement, the New Borrower agrees that it will pay or cause to be paid directly to the Lender or in accordance with directions received from the Lender all payments due under such documents, regardless of any right of set off, counterclaim, or other defense which the New Borrower may have against the Prior Borrower.

• This Agreement amends and restates that certain Loan Agreement dated April 23, 2013 (the “Prior Loan Agreement”) executed by Xxxxxxxxx Centre, LLC, a Delaware limited liability company (“Prior Borrower”) and The Xxxxxx Xxxxxx Corporation (“Prior Lender”) relating to that certain loan (the “Prior Loan”) in the original principal amount of $350,000,000 from Prior Lender to Prior Borrower.

More Definitions of Prior Borrower

Prior Borrower means COACH of San Diego, Inc., a California nonprofit public benefit corporation.

Prior Borrower is defined in Section 4.1(j).

Prior Borrower shall have the meaning set forth in the recitals hereto.

Prior Borrower has the meaning specified in Section 6.47.

Prior Borrower means the City of New Bedford;

Prior Borrower has the meaning set forth in Section 3.01(v).

Prior Borrower shall have the meaning assigned to it in the Recitals of this Agreement.