Additional Borrower definition

Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).
Additional Borrower means any Additional Credit Party that incurs or issues Additional Indebtedness under any Additional Credit Facility, together with its successors and assigns.
Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 26 (Changes to the Obligors).

Examples of Additional Borrower in a sentence

  • If relevant, copies of each Hedging Agreement executed by a Hedge Counterparty and the relevant Additional Borrower.

  • Without limiting the generality of the provisions of Section 1.1 above, as security for all Obligations, Additional Borrower hereby grants Agent for the benefit of Lender a continuing security interest in all of the following, whether now owned or hereafter acquired, and wherever located: All of the Collateral of Additional Borrower.

  • Without limiting the generality of the provisions of Section 1.1 above, Additional Borrower represents and warrants that all representations and warranties of the “Borrower” under the Loan Agreement and other Loan Documents are true and correct in all material respects as to Additional Borrower.

  • For purposes of determining a Project’s Capital Expenditure Reserve, the property type (retail, office, etc.) will be determined for the Project as a whole based on the source of the majority of the Project’s Gross Revenue (as determined in good faith by the applicable Borrower or Additional Borrower).

  • Each Borrower shall notify Lender of each Subsidiary formed subsequent to the Closing Date and, if requested in writing by Lender, within 15 days of such request, shall cause any US Subsidiary become an Additional Borrower by execution and delivery to Lender of a Joinder Agreement together with a legal opinion in form and substance satisfactory to Lender and such other documents requested by Lender.


More Definitions of Additional Borrower

Additional Borrower means each Person which becomes a Borrower under this Credit Agreement pursuant to Section 6.3.
Additional Borrower means each Person that has executed and delivered an Additional Borrower Joinder Supplement that has been accepted and approved by the Lender.
Additional Borrower has the meaning specified in Section 2.14(a).
Additional Borrower as defined in Section 11.19.
Additional Borrower means a member of the Group which becomes a borrower under the Credit Agreement after the date of its execution.
Additional Borrower means any member of the Restricted Group which becomes an additional borrower pursuant to Clause 26.6 (Additional Borrowers) and which has not been released as a borrower in accordance with Clause 26.7 (Removal of Borrowers).
Additional Borrower means any Person who shall from time to time become a party to this Agreement as a “Borrower” hereunder upon the execution and delivery of an Additional Borrower Agreement.