Ultimate Borrower definition

Ultimate Borrower shall have the meaning provided in the preamble hereto.

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Ultimate Borrower means, in relation to any Debt Securities, the person to whom the money raised by the issue of those Debt Securities is provided for their use, and who is required to repay or return that money, whether directly or indirectly.

Ultimate Borrower means each of the German Opco and the Spanish Opco (in each case whilst it is a borrower under any ▇▇▇▇▇ On-Loan), the Italian Opco (whilst it is a Borrower) and each Borrower SPV;

Examples of Ultimate Borrower in a sentence

Basis Limit: Ultimate Borrower: General Partner: Architect: General Contractor: Consultant: Property Management: To Be Determined Satellite AHA Development, Inc.
The Facility Agent shall have received a duly executed Loan Administration Form from the Ultimate Borrower.
Each Ultimate Borrower shall (and Avis Europe shall procure that each Ultimate Borrower that is a member of the Avis Europe Group shall) ensure that it depreciates the Vehicles in its Vehicle Fleet in accordance with GAAP consistently applied.
The Facility Agent shall have received satisfactory evidence that all necessary licenses, consents and approvals in connection with the transactions contemplated by this Agreement, the Note, the Security Documents and the Fee Letter have been obtained in respect of the Ultimate Borrower.
The Department acknowledges Borrower as the Ultimate Borrower of the Loan funds.

More Definitions of Ultimate Borrower

Ultimate Borrower means LCI Shipholdings;

Ultimate Borrower means a borrower under a Pledged Loan.

Ultimate Borrower means an ultimate borrower as contemplated in paragraph 4 of this Notice;

Ultimate Borrower means each of the German Opco and the Spanish Opco (in each case whilst it is a borrower under any Finco On- Loan), the Italian Opco (whilst it is a Borrower) and each Borrower SPV;

Ultimate Borrower shall have the meaning provided in the first paragraph of this Agreement.

Ultimate Borrower is an affiliate of the Sponsor awarded the Loan funds pursuant to the Award letter as described in Exhibit E paragraph 2. The Ultimate Borrower will be considered the borrower of the DR-MHP Loan funds and as such will execute the Loan Documents. Ultimate Borrower shall be jointly and severally liable for all the obligations of a Sponsor as set forth herein. Performance satisfactory to the Department by the Ultimate Borrower of any duties and obligations under this Standard Agreement, and any other agreements as required by the Department, by Ultimate Borrower will be deemed as performance by the Sponsor. At a minimum, the Sponsor-controlled general partner of the Borrower must perform the substantial management duties identified in the Board of Equalization (BOE) Rule 140.1(a)(10) as items (A), (H), (I) and (K).

Ultimate Borrower means an ultimate borrower as contemplated in paragraph 4 of the Notice;