Borrowing Representative definition

Borrowing Representative. A Trading Clearing Participant or such other category of persons prescribed by the Clearing House to be eligible to apply to become a Borrowing Representative, who has been approved by the Clearing House to perform certain functions with respect to borrowing of Securities by the Approved SBLNT Borrower. “Bursa SBL” The Securities borrowing and lending business established and operated by the Clearing House acting as a central lending agency.
Borrowing Representative means any Authorized Officer or any duly authorized employee of the Borrower; provided that the Administrative Agent shall have received a manually signed certificate of the Secretary of the Borrower as to the incumbency of, and bearing a specimen signature of, such duly authorized person or employee.
Borrowing Representative means Glenbrook Building Supply, Inc.

Examples of Borrowing Representative in a sentence

  • The Agent and the Saratoga Agent shall each notify the Borrowing Representative and the Lenders promptly upon being satisfied that the conditions described in Sections 4 and 5 of this Amendment (respectively) have been received by it or waived.

  • Each month, the Agent shall send to Borrowing Representative a statement showing the accounting for the Advances made, payments made or credited in respect thereof, and other transactions between the Agent, Lenders and Borrowers during such month.


More Definitions of Borrowing Representative

Borrowing Representative means Initial Borrower.
Borrowing Representative means such Person as Loan Parties, collectively between or among themselves, may elect as their representative hereunder from time to time pursuant to Article 15. subject to Lender’s prior approval. On the Closing Date, the Borrowing Representative is Tecogen. "Business Day" shall mean with respect to LIBOR Rate Loans or any day on which commercial banks are open for domestic and international business, including dealings in Dollar deposits in London, England and New York, New York and with respect to all other matters, any day other than a day on which commercial banks in New York or Connecticut are authorized or required by law to close. "Capital Expenditures" shall mean all expenditures (or commitments to make expenditures) of Loan Parties on a Consolidated and Consolidating basis for fixed or capital assets (including any made or committed to be made pursuant to capitalized leases) which, in accordance with GAAP, constitute capital expenditures in the period made. "Capital Lease" shall mean any lease of Equipment or Real Property by a Loan Party or any of its Subsidiaries that, in accordance with GAAP, is or should be reflected as a liability on the balance sheet of such Loan Party or such Subsidiary. "Capitalized Lease Obligations" shall mean any Indebtedness represented by obligations under a Capital Lease, and the amount of such Indebtedness shall be the capitalized amount of such obligations determined in accordance with GAAP. "CERCLA" shall mean the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, 42 U.S.C. §§9601 ^ seq. -4_
Borrowing Representative means the Parent Company.
Borrowing Representative means Dxxxx Xxxxx.
Borrowing Representative means the Initial Borrower, if there is only one Borrower, but, otherwise, shall mean such Person among the Borrowers as the Borrowers, collectively between or among themselves, may elect as their representative hereunder from time to time pursuant to Article XV, subject to Lender’s prior approval. On the Closing Date, the Borrowing Representative is the Initial Borrower.
Borrowing Representative means, as applicable, the US Borrowing Representative and/or the UK Borrowing Representative.
Borrowing Representative means KBS Builders, Inc.