Borrower 5 definition

Borrower 5. Xxx Xxx, Inc. a Nevada corporation By: ____________________________________ Xxxxxx X. Xxxxxxxx, Chief Executive Officer LENDER:
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Borrower 5. Xxx Xxx, Inc. a Nevada corporation By: ____________________________________ Xxxxxx X. Xxxxxxxx, Chief Executive Officer LENDER: _______________________________________ XXXXXX X. XXXXXXXX _______________________________________ XXXXXXX X. XXXXXXXX Trustees of the Xxxxxxxx Family Trust, UTA dated December 20, 1993 3401\031\Fifth Amendment to Restated Loan Agreement
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Borrower 5. As defined in the Preamble hereto.
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Examples of Borrower 5 in a sentence

  • A "reportable event" (as defined in the Employee Retirement Income Security Act of 1974 as amended) occurs that would permit the Pension Benefit Guaranty Corporation to terminate any employee benefit plan of the Borrower or any affiliate of the Borrower; 5.

  • RupeeCircle proactively starts communicating with the Borrower 5 days prior to a repayment being due to ensure repayments are made on time.

  • Mailed information is deemed to be received by the Borrower 5 days after mailing.

  • A notice or demand, if delivered by hand, shall be deemed to be received at the time of delivery, if sent by registered post, shall be deemed to be received by the Borrower 5 days after posting and if sent by facsimile, shall be deemed to be received at the time of transmission.

  • Borrower 5, a student within the Designated Fraud Cohorts, was subjected to involuntary collection, including the offset of her entire $1,275 federal tax refund for the year 2016.

  • Upon occurrence or identification of at least one Event of Default, the Lender shall be entitled, subject to written notice given to the Borrower 5 (five) calendar days in advance, to unilaterally terminate the Loan Agreement or demand in writing the immediate repayment of the Loan (part thereof) together with all the accrued and unpaid Interest and other amounts payable under the Loan Agreement, or announce that the Lender’s obligations to provide the Loan under the Loan Agreement are annulled.

  • The lowest personal loan amount reported is RM1,000 by Borrower 7 and the highest amount is RM20,000 taken by Borrower 5 and Borrower 13.

  • Except as otherwise previously disclosed to Lender, to the best of Borrower 5 and the Property Owner's knowledge, no hazardous wastes, hazardous substances, toxic chemicals and substances, oil and petroleum products and their by- products, radon, asbestos, pollutants or contaminants ("Hazardous Materials") have been used, located, installed, spilled, treated, released or stored on, under or from the Property in material violation of the Environmental Laws.

  • Representations, Warranties and Covenants of the Borrower 5 Section 2.03.

  • This and subsequent test statistics use an unpaired t-test.Table 4: Average interest rates by borrower and lender characteristics(standard deviations in parentheses) Titled Non-Titled Real rNominal rReal rNominal r 0.2400.1650.1910.147Lender Borrower Muslim Non-Muslim Real rNominal rReal rNominal rLender Borrower Lender Borrower 5.

Related to Borrower 5

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Borrower as defined in the preamble hereto.

  • The Borrower has advised the Banks that the Borrower has entered into an Agreement and Plan of Merger and Reorganization, dated as of February 10, 2000 (the "Merger Agreement"), among the Borrower, Opticare Health Systems, Inc. (the "Parent"), and OC Acquisition Corp., a wholly-owned subsidiary of the Parent ("Merger Sub"), pursuant to which the parties intend to merge Merger Sub with and into the Borrower subject to the terms and conditions thereof which include, among other things, restructuring the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions and due diligence concerning the Merger and any proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not consented to the Merger nor have the Banks agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, and an April 14, 2000, letter agreement, and a May 5, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, and as of March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to the earlier of June 2, 2000, or the termination of the Merger Agreement pursuant to its terms (the earlier of such dates being referred to herein as the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from May 19, 2000, to the Waiver Termination Date, and (iii) postpone the due date for the payment of principal, interest and unused commitment fees otherwise due on or before May 19, 2000, to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from May 19, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, and March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to postpone the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before May 19, 2000, to the Waiver Termination Date, provided that:

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Borrower Group means the Borrower and each of its Subsidiaries.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Canadian Borrower as defined in the preamble hereto.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Borrower Loan Documents shall have the meaning given such term in the Borrower Loan Agreement.

  • Parent Borrower as defined in the preamble hereto.

  • Borrower Related Party As defined in Section 3.33 of this Agreement.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Borrower Agent as defined in Section 4.4.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • means Borrower s forecasted consolidated and consolidating: (a) balance sheets; (b) profit and loss statements; (c) cash flow statements; and (d) capitalization statements, all prepared on a Subsidiary by Subsidiary or division-by-division basis, if applicable, and otherwise consistent with the historical Financial Statements of the Borrower, together with appropriate supporting details and a statement of underlying assumptions.

  • Loan Party means the Borrower and each Guarantor.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.