Related Borrower definition

Related Borrower is defined in the Cross-Collateralization Agreement.
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Related Borrower means any Borrower which is the lender to any Related Borrower Subsidiary under an Intercompany Loan.
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Related Borrower means, with respect to (a) any Revolving Advance, the Borrower to which such Advance is made, (b) any AYE Letter of Credit, AESC Indirect Letter of Credit, AYE L/C Obligation or AESC Indirect L/C Obligation, AYE and (c) any AESC Direct Letter of Credit or AESC Direct L/C Obligation, AESC.
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Examples of Related Borrower in a sentence

  • Each Borrower shall, and shall use all commercially reasonable efforts to cause each Related Borrower Subsidiary to, keep each License affecting any Collateral or any other material Property of such Borrower and Related Borrower Subsidiary in full force and effect as is customary for companies similarly situated, except as could not reasonably be expected to have a Material Adverse Effect.

  • Each Related Borrower Party owns or has the lawful right to use all Intellectual Property necessary for the conduct of its business, without conflict with any rights of others, except as could not reasonably be expected to have a Material Adverse Effect.

  • No Related Borrower Party is a “registered investment company” or a company “controlled” by a “registered investment company” or a “principal underwriter” of a “registered investment company” as such terms are defined in the Investment Company Act of 1940.

  • All registered Intellectual Property owned, used or licensed by, or otherwise subject to any interests of, any Related Borrower Party is shown on Schedule 10.1.31 (as such Schedule 10.1.31 may have been updated in accordance with Section 6.2.18).

  • No Related Borrower Party has received any Environmental Notice that could reasonably be expected to have a Material Adverse Effect.


More Definitions of Related Borrower

Related Borrower means TW Real Estate I, LLC, a Delaware limited liability company.
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Related Borrower means any Borrower which is the lender to any Related Borrower Subsidiary under an Intercompany Loan. “Related Borrower Party” has the meaning set forth in Section 10.1.
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Related Borrower means Diversicare Windsor House, LLC, a Delaware limited liability company.
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Related Borrower means, individually and collectively, LF3 Charlotte, LLC, a Delaware limited liability company, and LF3 Charlotte 2 TRS, LLC, a Delaware limited liability company. ​
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Related Borrower means WU/LH 466 Bridgeport L.L.C., a Delaware limited liability company.
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Related Borrower means GWL 20 East Halsey LLC, a Delaware limited liability company.
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Related Borrower means, individually and collectively, LF3 Pineville 2 LLC, a Delaware limited liability company, and LF3 Pineville 2 TRS, LLC, a Delaware limited liability company.
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