Requesting Borrower definition

Requesting Borrower means any Borrower requesting a Loan pursuant to Section 2.1.
Requesting Borrower has the meaning set forth in Section 2.5(a)(i).
Requesting Borrower has the meaning assigned to such term in Section 2.06(c).

Examples of Requesting Borrower in a sentence

  • Agent also shall be entitled to recover from such Lender interest on such Advance in respect of each day from the date such Advance was made by Agent to such Requesting Borrower to the date such corresponding amount is recovered by Agent at the Federal Funds Rate.

  • Nothing in this Section 2.11 shall be deemed to relieve any Lender from its obligation to fulfill its Commitment or to prejudice any rights which Agent or such Requesting Borrower may have against such Lender as a result of any default by such Lender under this Agreement.

  • Unless prepaid pursuant to Section 2.2.2, the principal amount of each Loan hereunder made to a Requesting Borrower shall be repaid by the Requesting Borrower to Lenders not later than the Maturity Date of such Loan.

  • If an Event of Default or Potential Event of Default shall have occurred and be continuing, such appraisals shall be at the expense of the Requesting Borrower.

  • In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other agreement submitted by any Requesting Borrower to, or entered into by any Requesting Borrower with, the applicable Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control.


More Definitions of Requesting Borrower

Requesting Borrower with respect to any Letter of Credit, shall mean the Borrower requesting such Letter of Credit to be issued for the benefit of itself or any of its Affiliates.
Requesting Borrower is defined in Section 2.3.2.
Requesting Borrower with respect to any Letter of Credit, shall mean the Borrower requesting such Letter of Credit to be issued for the benefit of itself or any of its Subsidiaries. Required Lenders: one or more unaffiliated Secured Parties holding more than 50% of (a) the aggregate outstanding Revolver Commitments; or (b) after termination of the Revolver Commitments, the aggregate outstanding Revolver Loans and LC Obligations or, upon Full Payment of all Revolver Loans and LC Obligations, the aggregate remaining Obligations; provided, that Revolver Commitments, Revolver Loans and other Obligations held by a Defaulting Lender and its Affiliates shall be disregarded in making such calculation, but any related Fronting Exposure shall be deemed held as a Revolver Loan or LC Obligation by the Lender that funded the applicable Revolver Loan or issued the applicable Letter of Credit.
Requesting Borrower means either the US Borrowers or the Canadian Borrowers, as applicable, requesting a Loan.
Requesting Borrower means a Borrower requesting a Loan.
Requesting Borrower a Borrower requesting a Loan, the issuance of a Letter of Credit, or, in the case of the Canadian Borrower, the acceptance of a Banker’s Acceptance pursuant to this Agreement.
Requesting Borrower means (i) for each Existing Letter of Credit, the Borrower identified on Schedule II hereto as the Requesting Borrower for such Existing Letter of Credit and (ii) for each Additional Letter of Credit, the