Borrower Representative definition

Borrower Representative has the meaning assigned to such term in Section 11.01.

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Borrower Representative means the Company, in its capacity as contractual representative of the Borrowers pursuant to Article XI.

Borrower Representative has the meaning set forth in the preamble.

Examples of Borrower Representative in a sentence

• Upon receipt by the assigning Lender of such Note, the assigning Lender shall return to Borrower Representative any prior Note held by it.

• If as the result of collections of Accounts pursuant to the terms and conditions of this Section, a credit balance exists with respect to the Revolving Loan Account, such credit balance shall not accrue interest in favor of Borrowers, but Agent shall transfer such funds into an account designated by Borrower Representative for so long as no Event of Default exists.

• In addition to the Borrowing Base Certificate to be delivered in accordance with this Agreement, Borrower Representative shall notify Agent promptly upon any Borrower’s learning thereof, in the event any Eligible Account becomes ineligible for any reason, other than the aging of such Account, and of the reasons for such ineligibility.

• If Borrower Representative resigns under this Agreement, Borrowers shall be entitled to appoint a successor Borrower Representative (which shall be a Borrower and shall be reasonably acceptable to Agent and Term Loan Servicer as such successor).

• Agent, Term Loan Servicer and ▇▇▇▇▇▇▇ may disburse the Loans to such bank account of Borrower Representative or a Borrower or otherwise make such Loans to a Borrower, in each case, as Borrower Representative may designate or direct, without notice to any other Borrower.

More Definitions of Borrower Representative

Borrower Representative means Parent Borrower in its capacity as Borrower Representative pursuant to the provisions of Section 2.1(c).

Borrower Representative has the meaning specified in Section 11.20.

Borrower Representative as defined in Section 12.4.

Borrower Representative means the U.S. Borrower in its capacity as representative of the other Borrowers as set forth in Section 2.25.

Borrower Representative has the meaning set forth in Section 2.13(a).

Borrower Representative means any one of the persons at the time designated to act on behalf of the Borrower by the written certificate furnished to the Issuer and the Trustee containing the specimen signatures of such persons and signed on behalf of the Borrower by the President or any duly authorized Vice President of the Borrower.

Borrower Representative means the entity appointed to act on behalf of the Borrowers pursuant to Section 2.24.