Examples of Borrower Principal in a sentence
No Borrower or Borrower Principal is (i) the subject of or a party to (other than as a creditor) any completed or pending Bankruptcy, or (ii) the subject of any judgment unsatisfied of record or docketed in any court located in the United States.
No Borrower Principal has or had, directly or indirectly (through a family member or otherwise), any interest in the Membership Interests Seller and the acquisition of the Membership Interests is an arm’s-length transaction.
As and when requested by Funding Lender, Borrower will provide Funding Lender with written updates on the status of all litigation or governmental proceedings affecting Borrower or any Borrower Principal which might have a Material Adverse Effect.
Lender acknowledges that no members or partners of Borrower or any Borrower Principal will be obligated to contribute equity to Borrower for purposes of providing working capital to maintain the Mortgaged Property or to pay Borrower’s outstanding debts except as may otherwise be required under their organizational documents.
See IP/10/1624, 30.11.2010.Fourth, the Commission's investigation focuses on allegations that Google has imposed exclusivity obligations on advertising partners, preventing them from placing certain types of competing ads on their web sites, as well as on distribution partners such as computer and software vendors, with the aim of shutting out competing search tools.