Affiliated Borrowers definition

Affiliated Borrowers means, individually and collectively, TII Industries, Inc., a corporation organized under the laws of the State of Delaware; TII Corporation, a corporation organized under the laws of the State of Delaware; TII-Ditel, Inc., a corporation organized under the laws of the State of North Carolina; Crown Tool & Die Company, Inc., a corporation organized under the laws of the Commonwealth of Puerto Rico, and their respective successors and assigns.

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Affiliated Borrowers means such Affiliates of Borrowers who have incurred the Affiliated Obligations.

Affiliated Borrowers means, collectively, the Affiliated PPM Borrowers and the Affiliated Services Borrowers.

Examples of Affiliated Borrowers in a sentence

BTC shall only make loans to Affiliated Borrowers in accordance with such conditions and procedures, as they may be amended from time to time, and only so long as they remain applicable, and in accordance with the Securities Lending Guidelines.
The Company and BTC have obtained an exemptive order from the Securities and Exchange Commission that permits BTC to lend Securities on behalf of the Funds to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order.
BGI shall only make loans to Affiliated Borrowers in accordance with such conditions and procedures, as they may be amended from time to time, and only so long as they remain applicable, and in accordance with the Securities Lending Guidelines.
The Client and BTC have obtained an exemptive order from the Securities and Exchange Commission that permits BTC to lend Securities on behalf of the Funds to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order.
The Trust and BGI have obtained an exemptive order from the Securities and Exchange Commission that permits BGI to lend Securities on behalf of the Funds to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order.
Each Borrower, individually, expressly understands, agrees and acknowledges, that the credit facilities contemplated hereunder would not be made available on the terms herein in the absence of the collective credit of all of the Persons constituting the Borrowers and the Affiliated Borrowers, the joint and several liability of all such Persons, and the cross-collateralization of the collateral of all such Persons hereunder and under the Affiliated Financing Documents.
The Company and BGI have obtained an exemptive order from the Securities and Exchange Commission that permits BGI to lend Securities on behalf of the Funds to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order.
Each Borrower has determined that it is in its best interest to procure the credit facilities contemplated hereunder, with the credit support of the other Borrowers as contemplated by this Agreement and the other Financing Documents and the credit support of the Affiliated Borrowers as contemplated by the Affiliated Financing Documents.
The Client and BGI have obtained an exemptive order from the Securities and Exchange Commission that permits BGI to lend securities on behalf of the Lenders to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order.
The knowledge of one Borrower or Affiliated Borrower shall be imputed to all Borrowers and Affiliated Borrowers and any consent by one Borrower or Affiliated Borrower shall constitute the consent of and shall bind all Borrowers and Affiliated Borrower.

More Definitions of Affiliated Borrowers

Affiliated Borrowers means Living Center, LLC, a Georgia limited liability company, Kenmetal, LLC, a Georgia limited liability company, Senior NH, LLC, a Georgia limited liability company, BAN NH, LLC, a Georgia limited liability company, Oak Lake, LLC, a Georgia limited liability company, and NW 61st Nursing, LLC, a Georgia limited liability company.

Affiliated Borrowers means, individually and collectively, Ditel and Crown.

Affiliated Borrowers has the meaning set forth in Section 5.8.

Affiliated Borrowers means, collectively, the Affiliated Services Borrowers and the Affiliated SMO Borrowers.

Affiliated Borrowers means, individually and collectively, Industries, Corporation and DITEL.