Initial Borrower definition

Initial Borrower has the meaning provided in the preamble hereof.

Initial Borrower has the meaning provided in the first paragraph hereof.

Initial Borrower has the meaning set forth in the preamble to this Agreement.

Examples of Initial Borrower in a sentence

• This Amendment, duly executed and delivered by Initial Borrower, Initial Qualified Borrower, Initial Guarantor, Initial General Partner, Ultimate General Partner, Administrative Agent and Lenders.

• In connection with the implementation of a Benchmark Replacement, the Administrative Agent will have the right to in consultation with the Initial Borrower make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Credit Agreement or any other Loan Document.

• The fiscal years of Initial Borrower and Initial Guarantor commence on October 1 and end on September 30.

• For avoidance of doubt, (a) custodial arrangements with respect to assets of the Initial Borrower and the Initial Qualified Borrower required by the Investment Company Act and (b) Liens granted on assets of Credit Parties not constituting Collateral or the General Partner’s interest in any Credit Party are permitted and shall not require approval of the Lenders.

• Initial Borrower, Initial Qualified Borrower, Initial Guarantor, Initial General Partner, Ultimate General Partner, Administrative Agent and Lenders (other than the two Subsequent Lenders named hereinafter) are party to that certain Revolving Credit Agreement dated as of September 26, 2023 (as may be amended, modified, supplemented or restated from time to time, the “Credit Agreement”).

More Definitions of Initial Borrower

Initial Borrower has the meaning specified in the introductory paragraph to this Agreement.

Initial Borrower has the meaning given to such term in the preamble to this Agreement.

Initial Borrower shall have the meaning assigned to such term in the preamble hereto.

Initial Borrower is defined in the preamble to this Credit Agreement.

Initial Borrower means CapitalSource Inc., a Delaware corporation.

Initial Borrower means each Borrower under this Agreement as of the Initial Closing Date and its permitted successors and assigns.

Initial Borrower. Explorer Merger Sub Corporation, a Delaware corporation that was merged into the Borrower on the Closing Date.