BORROWER CAPACITY Sample Clauses

The Borrower Capacity clause defines the requirement that the borrower has the legal authority and ability to enter into and perform the obligations set out in the agreement. This typically involves confirming that the borrower is duly organized, validly existing, and has obtained all necessary approvals or consents to execute the contract. By including this clause, the lender ensures that the borrower is legally capable of fulfilling its commitments, thereby reducing the risk of the agreement being unenforceable due to lack of capacity.
BORROWER CAPACITY. In this Agreement, except where provided to the contrary: (a) (REFERENCES TO BORROWER): a reference to the Borrower is a reference to the Borrower in its capacity as trustee of the PUMA Trust only, and in no other capacity; and (b) (REFERENCES TO ASSETS OF THE BORROWER): a reference to the undertaking, assets, business or money of the Borrower is a reference to the undertaking, assets, business or money of the Borrower in the capacity referred to in paragraph (a).
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BORROWER CAPACITY. We do not guarantee that a Borrower will seek a Loan for your Available Digital Assets on terms you find acceptable, or at all. If at any time the Available Digital Assets in our Program exceed Loan demand from Borrowers, lending opportunities will be allocated according to methods established by us from time to time. We may, but are not required to, maintain a waitlist if Borrower capacity is oversubscribed. A waitlist is not a guarantee that your Available Digital Assets will be Loaned to a Borrower.
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BORROWER CAPACITY. Trust Deed and Sub-Fund Notice............................................................5 1.6 Incorporated Definitions and other Transaction Documents and provisions...................5
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Related to BORROWER CAPACITY

  • Contract Capacity The electric power producing capability of the Generating Facility which is committed to Edison.

  • Maximum Capacity The Sick Leave Bank shall accumulate unused Bank days from year to year to a maximum capacity which shall not exceed double the number of eligible employees as defined in the above Section C, Eligibility for Membership.

  • Power and Capacity Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes each Shareholder’s valid, legal and binding obligation and is enforceable against such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;

  • Shareholder Capacity By executing and delivering this -------------------- Agreement, Shareholder makes no agreement or understanding herein in his capacity as a director or officer of the Company or any subsidiary of the Company. Shareholder signs solely in his capacity as the beneficial owner of Shareholder's Shares and nothing herein shall limit or affect any actions taken by Shareholder in his capacity as an officer or director of the Company or any subsidiary of the Company.

  • Stockholder Capacity No Person executing this Agreement who is or becomes during the term hereof a director or officer of the Company shall be deemed to make any agreement or understanding herein in his or her capacity as such director or officer. Stockholder signs solely in his, her or its capacity as the beneficial owner of the Subject Shares and nothing herein shall limit or prohibit Stockholder or any of its Representatives, in his or her capacity as an officer or director of the Company, from taking any action or failing to take any action in such capacity.