Term Borrower definition

Term Borrower shall have the meaning assigned to that term in the introduction to this Agreement.
Term Borrower means the Parent Borrower in its capacity as the borrower under the Term Credit Agreement.
Term Borrower shall have the meaning set forth in the recitals hereto.

Examples of Term Borrower in a sentence

  • At the beginning of each year of the Term, Borrower shall provide to the County an annual budget for the operation of the Development.

  • During the Term, Borrower shall cause the Project and all related Equipment to be operated and maintained in accordance with the Project Documents and manufacturer’s specifications.

  • At the closing of the Loan and for the duration of the Term, Borrower shall execute such documents as are necessary to assign to Lender all of the Project SRECs until the Loan is repaid in full and do all things necessary to ensure that all Project SRECs are credited to Lender in a timely manner.

  • At such time as Borrower requests an advance hereunder or wishes to select a LIBOR option for all or a portion of the outstanding principal balance hereof, and at the end of each Fixed Rate Term, Borrower shall give Bank notice specifying: (a) the interest rate option selected by Borrower; (b) the principal amount subject thereto; and (c) for each LIBOR selection, the length of the applicable Fixed Rate Term.

  • At the beginning of each year of the Term, Borrower shall provide to the County an annual budget for the operation of the Residence.


More Definitions of Term Borrower

Term Borrower as defined in the recitals hereto.
Term Borrower shall have the meaning assigned to that term in the recitals to this Agreement.
Term Borrower means, with respect to a Term Loan, the Co-Borrower designated as the “Term Borrower” in the applicable Term Loan Supplement.
Term Borrower means the Company in its capacity as borrower under the Term Credit Agreement, together with its successors and assigns.
Term Borrower means (A) on the Closing Date, the Lead Borrower and (b) after the Closing Date, in addition to the Lead Borrower, subject to the consent of the Administrative Agent, and subject to the Administrative Agent’s and the applicable Term Lender’s satisfactory receipt of documentation or other information as required by regulatory authorities under applicable “know your customerrules and regulations, one or more additional subsidiaries of the Lead Borrower organized in one or more different jurisdictions to be determined and approved by the Administrative Agent and as designated by the Lead Borrower as a “Term Borrower” hereunder, in each case, after such additional Term Borrower has executed and delivered to the Administrative Agent a Borrower Joinder Agreement and the delivery of customary corporate (and, if appropriate, shareholder) resolutions, officer certificates (and, if appropriate, solvency certificates) and legal opinions addressed to the Administrative Agent and the other Secured Parties of counsel for the Loan Parties (or, if applicable, in the relevant jurisdictions, counsel for the Secured Parties) reasonably acceptable to the Administrative Agent as to such matters as the Administrative Agent may reasonably request and such other instruments and documents as the Administrative Agent may reasonably request in connection with such Borrower Joinder Agreement (collectively, the “Additional Term Borrowers”).
Term Borrower means Pulse Denmark.
Term Borrower has the meaning set forth in the preamble hereto.