Borrower 4 definition

Borrower 4. StarTrak Systems, LLC a Delaware limited liability company By: ____________________________________ Xxxxxx X. Xxxxxxxx, Manager
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Borrower 4. LI Jianxiu Identification No.: 370221195306140022 In this Contract, Xxxxxxxx-0, Xxxxxxxx-0, Xxxxxxxx-0 and Borrower-4 are hereinafter collectively referred to as the “Borrowers” and each a “Borrower”, and the Lender and the Borrowers are hereinafter collectively referred to as the “Parties” and individually a “Party”.
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Borrower 4. As defined in the Preamble hereto.
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Examples of Borrower 4 in a sentence

  • LENDER: [LENDER] NAME: BY: ITS: (SEAL) Borrower #1 Printed Name Witness (SEAL) Borrower #2 Printed Name Witness (SEAL) Borrower #3 Printed Name Witness (SEAL) Borrower #4 Printed Name Witness STATE OF COUNTY OF ) ) ss.: ) On this day of , , before me the subscriber personally appeared (and) to me known and known to me to be the same person(s) described in and who executed the foregoing instrument, and (s)he/they duly (jointly and severally) acknowledged to me that (s)he/they executed the same.

  • The Borrower shall not incur, create, assume, or permit to exist any Indebtedness except: (1) the Loan; (2) trade Indebtedness incurred in the ordinary course of business; (3) Indebtedness for the acquisition of capital assets for the operation of the business of the Borrower; (4) Indebtedness to its shareholders, provided such Indebtedness is subordinated as to lien priority to the Lender; and (7) other Indebtedness approved in writing by the Lender.

  • EXAMPLE OF 3% REDUCTION: Without LDP With LDP Loan Amount $500,000 $500,000 State's Deposit - 0 - $500,000 Lender's Interest rate on such business loan 7% 4% } with a 3% Lender's Interest rate on C/D 3% 0% } reduction on each Estimated Savings to Borrower (4 yr.

  • For example, the fact that around 70 percent of the domestic debt is held by domestic financial institutions, rather than external agents, reduces refinancing and rollover risks, although it could compromise the efficiency of the domestic financial system.

  • Borrower 4, a student within the Designated Fraud Cohorts, was subjected to involuntary collection, including the offset of her entire $1,900 federal tax refund for the year 2016.

  • The document you are reading now is supple- mental, and is intended to provide deeper background for the library’s implementation.

  • This was sufficiently clear from the commercial context of the agreement entered into by the Borrower; (4) Moreover, the loan agreement and the obligations under the indemnity agreement are interrelated.

  • Initially the WB was a supplier of foreign exchange sources for imports for development of electric power, steel and manufacturing in-Japan and the World Bank, 1951‒1966: Japan as a Borrower (4) dustries and it tried to help in the agricultural development, but the lending program had a low ceiling and the WBʼs processes were very slow.

  • In terms of the year the loan is taken, the earliest was in 1993 as experienced by Borrower 1 and the latest is 2018, taken by Borrower 4, which is still an active loan.

  • Notes:The TEPC, a public entity, was established in 1959 to construct and operate toll roads in the Tokyo‒ Yokohama metropolitan area and was similar in its methods of operation and organization to theJapan and the World Bank, 1951‒1966: Japan as a Borrower (4) Nihon Doro Kodan.

Related to Borrower 4

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Borrower as defined in the preamble hereto.

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

  • 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.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

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

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

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

  • The Borrower has advised the Banks that the Borrower has entered into an Agreement and Plan of Merger and Reorganization, dated as of February 10, 2000 (the "Merger Agreement"), among the Borrower, Opticare Health Systems, Inc. (the "Parent"), and OC Acquisition Corp., a wholly-owned subsidiary of the Parent ("Merger Sub"), pursuant to which the parties intend to merge Merger Sub with and into the Borrower subject to the terms and conditions thereof which include, among other things, restructuring 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 and due diligence concerning the Merger and any proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not consented to the Merger nor have the Banks 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, and a May 19, 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, and as of March 31, 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 the earlier of June 9, 2000, or the termination of the Merger Agreement pursuant to its terms (the earlier of such dates being referred to herein as the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from June 2, 2000, to the Waiver Termination Date, and (iii) postpone the due date for the payment of principal, interest and unused commitment fees otherwise due on or before June 2, 2000, 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 June 2, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, and March 31, 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 postpone the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before June 2, 2000, to the Waiver Termination Date, provided that:

  • Borrower Related Party As defined in Section 3.33 of this Agreement.

  • Canadian Borrower as defined in the preamble hereto.

  • Borrower Group means the Borrower and each of its Subsidiaries.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Borrower Loan Documents shall have the meaning given such term in the Borrower Loan Agreement.

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

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

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • 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 other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.