Other Borrower definition

Other Borrower means each Person who shall from time to time enter into a Joinder Agreement as a “Borrower” hereunder.
Other Borrower shall have the meaning set forth in Section 12.09 of the Agreement.
Other Borrower means any person or entity (other than the Pledgor) that obtains an Option Loan from the Lender that is secured by the Pledgor in accordance with this Agreement.

Examples of Other Borrower in a sentence

In reliance hereon, the Administrative Agent, each Sub-Agent and each Lender may deal with either of the Borrowers’ Representatives alone with the same effect as if the Administrative Agent, such Sub-Agent or such Lender had dealt with each Other Borrower separately and individually.

The reorganization, merger or consolidation of any Other Borrower into or with any other corporation or entity.

Any existing or future right of offset, claim or defense of Borrower against Lender, or any other Person, or against payment of the Debt by any Other Borrower, whether such right of offset, claim or defense arises in connection with the Debt (or the transactions creating the Debt) or otherwise.

Any adjustment, indulgence, forbearance or compromise that might be granted or given by Lender to any Other Borrower.

The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of any Other Borrower or any other party at any time liable for the payment of all or part of the Debt; or any dissolution of any Other Borrower, or any sale, lease or transfer of any or all of the assets of Borrower or of any Other Borrower, or any changes in the shareholders, partners or members of any Other Borrower; or any reorganization of any Other Borrower.


More Definitions of Other Borrower

Other Borrower shall have the meaning assigned to such term in the preamble to this Agreement.
Other Borrower means VX 2016-1 LLC.
Other Borrower means each domestic Subsidiary who shall from time to time, pursuant to Section 9.24 hereof, become a “Borrower” hereunder pursuant to a Borrower Joinder Agreement or other form satisfactory to the Administrative Agent.
Other Borrower means, with respect to any Bank Sponsored Lender, any Person, other than the Borrower, that has entered into a receivables purchase agreement, receivables transfer agreement, loan agreement or funding agreement with such Bank Sponsored Lender.
Other Borrower any other party which is a Borrower pursuant to the Master Financing Facility Agreement.
Other Borrower means Baltic Hornet Limited, a company incorporated under the laws of the Marshall Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH 96960.