Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;
Existing Borrower is defined in the preamble.
Existing Borrower shall have the meaning provided in the preamble.
Examples of Existing Borrower in a sentence
Since its formation, the Existing Borrower has been operated in such a manner as to comply with the special purpose entity requirements set forth in Section 4.1(u) to the Existing Loan Agreement.
More Definitions of Existing Borrower
Existing Borrower has the meaning specified in Section 7.04(a)(v).
Existing Borrower shall have the meaning given to such term in the introductory paragraph of this Credit Agreement.
Existing Borrower means Battalion Oil Corporation, a Delaware corporation.
Existing Borrower shall have the meaning assigned to it in the recitals hereof.
Existing Borrower means Aly Operating in its capacity as borrower under the Existing Credit Agreement.
Existing Borrower has the meaning set forth in the Recitals.
Existing Borrower means each Borrower immediately prior to the Amendment Effective Date, (v) “Continuing Borrower” means an Existing Borrower that will be a Borrower on the Amendment Effective Date, (vi) “New Borrower” means a Series Borrower acting on behalf of and for the account of a New Fund, and (vii) “Amendment Borrowers” means each Continuing Borrower and each New Borrower.