Related Borrower definition

Related Borrower means any Borrower which is the lender to any Related Borrower Subsidiary under an Intercompany Loan.
Related Borrower is defined in the Cross-Collateralization Agreement.
Related Borrower means, with respect to (a) any Revolving Advance, the Borrower to which such Advance is made, (b) any AYE Letter of Credit, AESC Indirect Letter of Credit, AYE L/C Obligation or AESC Indirect L/C Obligation, AYE and (c) any AESC Direct Letter of Credit or AESC Direct L/C Obligation, AESC.

Examples of Related Borrower in a sentence

  • We compared the Related Borrower Loan information to the corresponding information on the Final Data File and found such information to be in agreement.

  • We compared the Related Borrower information to the corresponding information on the Final Data File and found such information to be in agreement.

  • The PC-I should not include provision for staff and vehicles which must be got cleared from Finance Department prior to placing the PC-I for consideration and approval of competent forum.

  • Paycheck Protection Program – Revisions to Loan Forgiveness Interim Final Rule and SBA Loan Review Procedures and Related Borrower and Lender Responsibilities Interim Final Rule Overview The CARES Act was enacted to provide immediate assistance to individuals, families, and businesses affected by the COVID-19 emergency.

  • Lender shall not be required to pursue any other remedies before invoking the benefits of the guaranties contained herein, and specifically it shall not be required to make demand upon or institute suit or otherwise pursue or exhaust its remedies against any Related Borrower or any surety other than Guarantor or to proceed against any security now or hereafter existing for the payment of any of the Indebtedness.


More Definitions of Related Borrower

Related Borrower means any Borrower which is the lender to any Related Borrower Subsidiary under an Intercompany Loan. “Related Borrower Party” has the meaning set forth in Section 10.1.
Related Borrower has the meaning set forth in the Cross-Collateralization Agreement.
Related Borrower means Community Centers One L.L.C., a
Related Borrower means WU/LH 466 Bridgeport L.L.C., a Delaware limited liability company.