Related Borrower definition

Related Borrower is defined in the Cross-Collateralization Agreement.
Related Borrower means any Borrower which is the lender to any Related Borrower Subsidiary under an Intercompany Loan.
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.

  • A separate interim final rule on SBA Loan Review Procedures and Related Borrower and Lender Responsibilities describes SBA’s procedures for reviewing PPP loan applications and loan forgiveness applications.c. Deferral Period and Forgiveness Section 3(c) of the Flexibility Act provides that if the borrower does not apply for forgiveness of a loan within 10 months after the last day of the covered period, the PPP loan is no longer deferred and the borrower must begin paying principal and interest.

  • 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.

  • Using the "Bad Boy Indemnitor / Guarantor" and "Borrower Principal" of each Mortgage Loan, both as shown on the Final Data File, we identified those Mortgage Loans that had at least one common "Bad Boy Indemnitor / Guarantor" or "Borrower Principal" (the "Related Borrower Loans").


More Definitions of Related Borrower

Related Borrower means TW Real Estate I, LLC, a Delaware limited liability company.
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 means Diversicare Windsor House, LLC, a Delaware limited liability company.
Related Borrower means GWL 20 East Hxxxxx LLC, a Delaware limited liability company.
Related Borrower means Diversicare Pinedale, LLC, a Delaware limited liability company.
Related Borrower means GWL 20 East Halsey LLC, a Delaware limited liability company.
Related Borrower shall have the meaning assigned in Appendix A hereto.