Second Borrower definition

Second Borrower has the meaning given to it in Clause 26.17.
Sample 1Sample 2
Second Borrower the second borrower under the Second Loan Agreement.
Sample 1
Second Borrower the meaning given in Paragraph D of the Recitals.
Sample 1

Examples of Second Borrower in a sentence

  • THE AGGREGATED TRANSACTION As confirmed by AGL, pursuant to the AG Loan Agreement dated 13th November, 2007, AG Capital, being an indirect wholly-owned subsidiary of AGL, had agreed to make available to the Second Borrower, being a wholly-owned subsidiary of the Borrower, a loan facility of HK$30,000,000.

  • The Second Borrower is principally engaged in the education business.

  • All three readings were less than 10 parts per billion, meeting boiler feed water standard.

  • Subject to the Lender’s overriding right of repayment on demand, the Second Borrower shall repay the Second Loan in full in one lump sum together with all interest accrued thereon and all other monies payable under the Second Loan Agreement on the Second Repayment Date.

  • READ Signature of the First Borrower Signature of the Second Borrower Signature of the Bank’s authorized signatory I hereby agree to my spouse’s taking out a credit facility.

  • On 27 October 2014, the Lender entered into the Second Loan Agreement with the Second Borrower, pursuant to which the Lender has agreed to provide a loan with principal amount of up to HK$53,000,000 to the Second Borrower in accordance with the terms thereunder.

  • I / we also agree to allow you to collect and utilise our personal data for the purposes of underwriting, credit referencing, funding, conducting fraud prevention checks and servicing our bridging loan in accordance with your privacy policy & data processing guidelines:First Borrower Signature Date Second Borrower Signature Date Funding 365 Limited is not regulated by the Financial Conduct Authority or under the Financial Services & Markets Act (FSMA).

  • As such, and taking into consideration the relatively short term of the Second Loan, the Company considers that the risks involved in the advance to the Second Borrower are relatively low.

  • Date 10 May 2012 (after trading hours)Parties (1) Chengtong DT (a wholly-owned subsidiary of the Company), as the lender; (2) SH Bank, as the lending agent; and (3) the Second Borrower, as the borrower.

  • THE SECOND LOAN AGREEMENT Date: 28 April 2017 Lender: Triple Glory Holdings Limited, an indirect wholly-owned subsidiary of the Company Second Borrower: To the best knowledge, information and belief of the Directorshaving made all reasonable enquiries, the Second Borrower is an independent third party not connected with the Company and its connected person and other borrowers of the Company.


More Definitions of Second Borrower

Second Borrower has the meaning assigned to such term in Section 2.20.
Sample 1
Second Borrower the borrower under the loan agreements dated 8 February 2010 and 10 May 2010, an Independent Third Party and an associate of the Borrower;
Sample 1

Related to Second Borrower

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

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Original Borrower means, as the context requires, any of them;

  • Swiss Borrower means a Borrower incorporated, or for tax purposes resident, in Switzerland.

  • Canadian Borrower as defined in the preamble hereto.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Borrower as defined in the preamble hereto.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Parent Borrower as defined in the preamble hereto.

  • Dutch Borrower means any Borrower that is organized under the laws of the Netherlands.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • Borrowing Subsidiary means, at any time, any Subsidiary of the Company designated as a Borrowing Subsidiary by the Company pursuant to Section 2.19 that has not ceased to be a Borrowing Subsidiary pursuant to such Section or Article 7.

  • Foreign Borrower has the meaning specified in the introductory paragraph hereto.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • The Borrower has advised the Banks that the Borrower is currently working on a revised business plan which will include, among other things, a request to restructure the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions concerning the proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, an April 14, 2000, letter agreement, a May 5, 2000, letter agreement, a May 19, 2000, letter agreement, a June 1, 2000, letter agreement, a June 9, 2000, letter agreement, a June 16, 2000, letter agreement, a June 29, 2000, letter agreement, a July 21, 2000, letter agreement, an August 11, 2000, letter agreement, and a September 8, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, as of March 31, 2000, as of June 30, 2000, and as of September 30, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to October 13, 2000 (the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from September 29, 2000, to the Waiver Termination Date, and (iii) amend the due date for the payment of principal, interest and unused commitment fees otherwise due on or before September 30, 2000, with respect to the Revolving Credit and the Term Loans (including such payments described in Sections 2.1 and 2.2 of the Seventh Amendment) to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from September 29, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, as of March 31, 2000, as of June 30, 2000, and as of September 30, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to amend the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before September 30, 2000, with respect to the Revolving Credit and the Term Loans (including such payments described in Sections 2.1 and 2.2 of the Seventh Amendment) to the Waiver Termination Date, provided that: