Examples of The Borrower in a sentence
The Borrower declares its commitment to the objectives of the Project.
The Borrower shall at all times do or cause to be done all things necessary to obtain, preserve, renew, extend and keep in full force and effect the Governmental Approvals and any other rights, licenses, franchises and authorizations material to the conduct of its business.
The Borrower is not in breach of any covenants set forth in Section 15(a) (Securing the TIFIA Lien) or any of the Bond Documents with respect to the matters described in such section.
The Borrower is not in breach of any material term in or in default under any Principal Project Contract, and to the knowledge of the Borrower, no party to any of such Principal Project Contracts is in breach of any material term therein or in default thereunder.
The Borrower agrees to pay the principal of and interest on the TIFIA Loan by making payments in accordance with the provisions of this Agreement and the other TIFIA Loan Documents on each Semi-Annual Payment Date, beginning on the Debt Service Payment Commencement Date, and on each other date (including the Final Maturity Date) on which payment thereof is required to be made hereunder.