PRINCIPAL BORROWERS definition

PRINCIPAL BORROWERS shall be treated as including a reference to any such subsidiary which has become a party hereto in the manner contemplated above. AVAILABILITY OF THE FACILITIES
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PRINCIPAL BORROWERS means, individually or collectively as the context may require, AverStar, CBSI and/or any other Borrower which, as of any date of determination, is a "significant subsidiary," as such term is defined in Title 17, Code of Federal Regulations, Part 210.1-02.
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PRINCIPAL BORROWERS shall be treated as including a reference to any such subsidiary which has become a party hereto in the manner contemplated above.
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Examples of PRINCIPAL BORROWERS in a sentence

  • EXHIBIT M MLMI 1997-C1 DAIWA LIST OF PRINCIPAL BORROWERS WITH MULTIPLE MORTGAGE LOANS Control Original Cut-Off Date Number Property Name Property Type Balance Balance Borrower Entity Name ------- ------------- ------------- -------- ------------- -------------------- 146 Holiday Inn Express-Oakhurst Hospitality $1,520,000 $1,501,373 Xxxxxxxxx Investment Corp.


More Definitions of PRINCIPAL BORROWERS

PRINCIPAL BORROWERS. POLYMEDICA CORPORATION POLYMEDICA HEALTHCARE, INC. By: /s/ Eric X. Xxxxxxx By: /s/ Robexx Xxxxx ------------------------------- --------------------------------- Title: CFO and Treasurer Title: President ---------------------------- ------------------------------ POLYMEDICA SECURITIES, INC. LIBERTY MEDICAL SUPPLY, INC. By: /s/ Eric X. Xxxxxxx By: /s/ Mark Xxxxxxxxx ------------------------------- --------------------------------- Title: Treasurer Title: President ---------------------------- ------------------------------ "AGENT BORROWER" POLYMEDICA CORPORATION By: /s/ Eric X. Xxxxxxx ------------------------ Title: CFO AND TREASURER --------------------- "LENDER" BANKBOSTON, N.A. By: /s/ Jeffxxx X. Xxxxxxx ------------------------ Title: VICE PRESIDENT --------------------- Exhibits Exhibit 6-2 Related Entity Exhibit 6-4 Trade Names Exhibit 6-5 Locations Exhibit 6-6 Encumbrances Exhibit 6-7 Indebtedness Exhibit 6-8 Insurance Policies Exhibit 9-3 Borrowing Base Certificate Exhibit 9-8 Performance Covenants
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PRINCIPAL BORROWERS means the UK Principal Borrower and the US Principal Borrower;
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PRINCIPAL BORROWERS. POLYMEDICA CORPORATION POLYMEDICA HEALTHCARE, INC. By: /s/ Eric X. Xxxxxxx By: /s/ Eric X. Xxxxxxx ------------------------------- -------------------------------- Title: CFO and Treasurer Title: Treasurer and Secretary POLYMEDICA SECURITIES, INC. LIBERTY MEDICAL SUPPLY, INC. By: /s/ Eric X. Xxxxxxx By: /s/ Stevxx X. Xxx ------------------------------- -------------------------------- Title: Treasurer and Clerk Title: Treasurer "AGENT BORROWER" POLYMEDICA CORPORATION By: /s/ Eric X. Xxxxxxx ------------------------------- Title: CFO and Treasurer
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PRINCIPAL BORROWERS. POLYMEDICA CORPORATION POLYMEDICA HEALTHCARE, INC. By: /s/ Eric X. Xxxxxxx By: /s/ Robexx X. Xxxxx -------------------------------- ----------------------------------- Title: CFO and Treasurer Title: President ----------------------------- -------------------------------- POLYMEDICA SECURITIES, INC. LIBERTY MEDICAL SUPPLY, INC. By: /s/ Eric X. Xxxxxxx By: /s/ Mark Xxxxxxxxx -------------------------------- ----------------------------------- Title: Treasurer Title: President ----------------------------- -------------------------------- "AGENT BORROWER" POLYMEDICA CORPORATION By: /s/ Eric X. Xxxxxxx -------------------------- Title: CFO and Treasurer -----------------------
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Related to PRINCIPAL BORROWERS

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • Original Borrower means, as the context requires, any of them;

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Borrower Group means the Borrower and each of its Subsidiaries.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • The Borrower has advised the Banks that the Borrower has entered into an Agreement and Plan of Merger and Reorganization, dated as of February 10, 2000 (the "Merger Agreement"), among the Borrower, Opticare Health Systems, Inc. (the "Parent"), and OC Acquisition Corp., a wholly-owned subsidiary of the Parent ("Merger Sub"), pursuant to which the parties intend to merge Merger Sub with and into the Borrower subject to the terms and conditions thereof which include, among other things, restructuring the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions and due diligence concerning the Merger and any proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not consented to the Merger nor have the Banks agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, an April 14, 2000, letter agreement, a May 5, 2000, letter agreement, and a May 19, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, and as of March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to the earlier of June 9, 2000, or the termination of the Merger Agreement pursuant to its terms (the earlier of such dates being referred to herein as the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from June 2, 2000, to the Waiver Termination Date, and (iii) postpone the due date for the payment of principal, interest and unused commitment fees otherwise due on or before June 2, 2000, to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from June 2, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, and March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to postpone the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before June 2, 2000, to the Waiver Termination Date, provided that:

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Subsidiary Borrowers means (a) each Domestic Subsidiary that is a party hereto as of the Closing Date and (b) each Domestic Subsidiary that becomes a party to this Agreement after the Closing Date pursuant to Section 9.11 or otherwise.

  • Foreign Borrower means any Borrower that is a Foreign Subsidiary.

  • Borrower as defined in the preamble hereto.

  • German Borrower means a Borrower incorporated in Germany.

  • Canadian Borrower as defined in the preamble hereto.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Parent Borrower as defined in the preamble hereto.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • U.S. Borrowers have the meanings specified in the preamble to this Agreement.

  • New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.

  • Borrower Principal means any of the following:

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

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