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

At any time that an Event of Default has occurred and is continuing, Borrower Representative shall, within five (5) Business Days following written notice by Administrative Agent to do so, cause further sales or other transfers of rental fleet equipment pursuant to any Equipment Securitization Transaction to cease and to otherwise cause new rental fleet equipment to be excluded from any Equipment Securitization Transaction.
Each of the Initial Lenders shall become a party to this Agreement on the Closing Date by delivering to Administrative Agent a ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ duly executed by such ▇▇▇▇▇▇ and Administrative Agent, and accepted and agreed to by Borrower Representative on behalf of the Borrowers.
Each Applicable Settlement Lender may at its discretion, upon 3 Business Days’ written notice to Borrower Representative, choose to require written notification of Settlement Loans from Borrower Representative, but is not required to do so.
Borrower Representative shall cause to be delivered to Administrative Agent copies of the primary documentation governing any Qualified Securitization Transaction and all material amendments, modifications or other changes thereto, or consents to any departure from the terms and provisions thereof.
During the existence of an Event of Default, Agents shall have the right to directly contact Account Debtors to verify the validity and amount of Accounts (other than Accounts that are subject to any Qualified Securitization Transaction) of any Borrower, upon prior notice to Borrower Representative.

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 as defined in Section 12.4.

Borrower Representative has the meaning specified in Section 11.20.

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

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.