Borrower Transferee definition

Borrower Transferee means a Person to which the Original Borrower is required to transfer by novation all or part of the Original Borrower’s rights, benefits and obligations under the Finance Documents in accordance with Clause 29.3 (Novation by Original Borrower).
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Borrower Transferee is defined in the schedule hereto.
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Borrower Transferee together with the Property Transferee and the Operating Lease Transferee, individually and collectively, as the context may require, the "Transferee");
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Examples of Borrower Transferee in a sentence

  • If any portion of funds are not then received from the Borrower, Transferee shall, on demand by Transferor/Agent, repay its Pro Rata Share of the amount not received to Transferor/Agent at the Federal Funds Rate.

  • Borrower, Transferee, and each Guarantor ratify and confirm that they are jointly and severally, personally liable under the Note and other Loan Instruments and under the Indemnity Agreement.

  • All obligations of Borrower, Transferee and each Guarantor under the Loan Instruments, Indemnity Agreement, this Agreement and the other Additional Documents are joint and several.

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More Definitions of Borrower Transferee

Borrower Transferee means a Subsidiary of the Original Guarantor to which a Borrower seeks to transfer or, as the case may be, has transferred all or part of such Borrower's rights and obligations hereunder;
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Related to Borrower Transferee

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • State Purchasing Agent means the director of the purchasing division of the general services department.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Transferee Letter Defined in Section 13.16.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Ineligible Assignee has the meaning specified in Section 10.07(b).

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and Holdings, the Borrower or any of the Subsidiaries as an Assignee, as accepted by the Administrative Agent (if required by Section 9.04) in the form of Exhibit G or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Substitute Lender has the meaning specified in Section 2.18(a).

  • Successor in Interest of Borrower means any party that has taken title to the Property, whether or not that party has assumed Borrower’s obligations under the Note and/or this Security Instrument.

  • Commitment Transfer Supplement means a document in the form of Exhibit 16.3 hereto, properly completed and otherwise in form and substance satisfactory to Agent by which the Purchasing Lender purchases and assumes a portion of the obligation of Lenders to make Advances under this Agreement.

  • Assignee Lender is defined in Section 10.11.1.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • Non-Lead Securitization Note Holder means any holder of a Non-Lead Securitization Note.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Securitization Transfer The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction.

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

  • Non-Lead Securitization Note means any Note other than the Lead Securitization Note.

  • Qualified Institutional Lender means each of the Initial Note Holders and any other U.S. Person that is:

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

  • Purchasing Member has the meaning set forth in Section 9.2(c).

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;