Related Borrower definition

Related Borrower is defined in the Cross-Collateralization Agreement.
Related Borrower means any Borrower which is the lender to any Related Borrower Subsidiary under an Intercompany Loan.
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.

Examples of Related Borrower in a sentence

  • We compared the Related Borrower Loan information to the corresponding information on the Final Data File and found such information to be in agreement.

  • We compared the Related Borrower information to the corresponding information on the Final Data File and found such information to be in agreement.

  • Each Related Borrower Party has filed all federal, state and local Tax returns and other reports that it is required by law to file, and has paid, or made provision for the payment of, all Taxes upon it, its income and its Properties that are due and payable, except to the extent being Properly Contested or could not reasonably be expected to have a Material Adverse Effect.

  • There have been no citations of, notices of or orders of, material noncompliance issued by any Governmental Authority to any Borrower or its Related Borrower Subsidiary under any securities laws.

  • As of any Credit Date on which this representation is made, no Related Borrower Party is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of the Material Underlying Financing Documents to which they are a party, except where the consequences, direct or indirect, of such default or defaults, if any, could not 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.
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.
Related Borrower means Diversicare Windsor House, LLC, a Delaware limited liability company.
Related Borrower means GWL 20 East Halsey LLC, a Delaware limited liability company.
Related Borrower means WU/LH 466 Bridgeport L.L.C., a Delaware limited liability company.
Related Borrower shall have the meaning assigned in Appendix A hereto.
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. ​