Financial interdependence. The op- erations of a borrower and related bor- rower are financially interdependent. Financial interdependence exists if the borrower is the primary source of re- payment for a related borrower’s loan, or if the operations of the borrower and the related borrower are commingled.
Financial interdependence. (Economic survival of the borrower’s operation will materially impact economic survival of the related borrowers operation). (C) Control ......................................... Borrower has primary or secondary liability .............................................. Borrower’s liability is taken out of an abundance of caution .................... Look-through notes (BC only) ...................................................................