Borrower Parent definition
Examples of Borrower Parent in a sentence
The Borrower has given fair consideration and reasonably equivalent value to the Borrower Parent in exchange for the purchase of the Parent Collateral Assets (or any number of them).
The true and correct U.S. taxpayer identification number of the Borrower and the Borrower Parent are set forth on Schedule 5.14.
Make any material misrepresentation with respect to the Loan Documents or any related transaction to any credit rating agency rating the Borrower Parent or to any regulatory body with jurisdiction over the Borrower or the Borrower Parent.
No such transfer has been made for or on account of an antecedent debt owed by the Borrower to the Borrower Parent.
All such assets are transferred to the Borrower without recourse to the Borrower Parent, except as described in the Sale Agreement or Assignment Agreement.