Borrower Control Group definition

Borrower Control Group means a majority of the board of directors of AIMCO REIT.
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Borrower Control Group means Xxxxx Xxxxxxxxx, Xxxxx X. Xxxxxxxxx, Xxxxxxx X. Xxxxxxx, X. Xxxxxx Xxxxxx, Xxxxxx X. Xxxxxx and Xxxxx X. Xxxxxx.
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Borrower Control Group means a majority of the Board of Directors of XXXXX XXXX.
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Examples of Borrower Control Group in a sentence

  • Lender shall have received copies of all consents, licenses and approvals, if any, required in connection with the execution, delivery and performance by Borrower and the members of the Borrower Control Group under, and the validity and enforceability of, the Loan Documents, and such consents, licenses and approvals shall be in full force and effect.

  • Enter into any agreement which expressly restricts the ability of Borrower or any member of the Borrower Control Group to enter into amendments, modifications or waivers of any of the Loan Documents.

  • Borrower shall, and shall cause the members of the Borrower Control Group to, observe, perform and satisfy all the terms, provisions, covenants and conditions required to be observed, performed or satisfied by any of them, and to pay when due all costs, fees and expenses required to be paid by any of them under the Loan Documents.

  • Lender shall have received all financial information (which financial information shall be satisfactory to Lender in Lender's discretion) relating to the Borrower, the members of the Borrower Control Group and the Operating Companies, requested by Lender in Lender's discretion.

  • Lender, each Assignee and each participant and their respective Affiliates may accept deposits from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with, Borrower, members of the Borrower Control Group or any of them, any Affiliate of Borrower, any of Borrower's subsidiaries and any Person who may do business with or own interests in or securities of Borrower or any such Affiliate or subsidiary, without any duty to account therefor.

  • There is no fact presently known to Borrower which has not been disclosed to Lender which materially adversely affects, nor as far as Borrower can reasonably foresee, would materially adversely affect the business, operations or condition (financial or otherwise) of Borrower or any member of the Borrower Control Group or any Operating Company.

  • Such searches shall have been received in relation to Borrower, and certain members of the Borrower Control Group.

  • Neither Borrower nor any member of the Borrower Control Group shall attempt to revoke, rescind or modify any of the Direction Letters.

  • Neither Borrower nor any member of the Borrower Control Group shall have any obligation to any such third party to which Lender delivers such information unless such Entity so agrees in writing directly with such third party.

  • Borrower shall observe and perform or cause to be observed and performed each and every term to be observed or performed by Borrower or any member of the Borrower Control Group pursuant to the terms of any Pledge Agreement, Collateral Assignment or other Loan Document.


More Definitions of Borrower Control Group

Borrower Control Group means a management group which includes the President, the Chief Executive Officer, the Chief Financial Officer, and such other officers and Trust Managers approved by the President, the Chief Executive Officer and Chief Financial Officer.
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Borrower Control Group means each of LFSRI II, LFSRI II Alternative, LFSRI-CADIM, AAC, Inc., Prometheus SE LLC, Prometheus SERT, LSFRI II Assisted, Prometheus Assisted, Prometheus ES, Prometheus Homebuilders, Prometheus Interim, Prometheus UK, Prometheus Senior Quarters, Prometheus SQ Holdings, Atria Holdings, LFSRI SPV, LFSRI II ES.
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Borrower Control Group means Xxxxx Xxxxxxxxx, Xxxxx X. Xxxxxxxxx, Xxxxxxx X. Xxxxxxx, X. Xxxxxx Xxxxxx, Xxxxxx X. Xxxxxx and Xxxx X. Xxxxx.
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Borrower Control Group means each of LFSRI II, LFSRI II Alternative, LFSRI-CADIM, AAC, Inc., Prometheus SE LLC, Prometheus SERT, LSFRI II Assisted, Prometheus Assisted, Prometheus ES, Prometheus Interim, Prometheus UK, Prometheus Senior Quarters, Prometheus SQ Holdings, Atria Holdings, LFSRI SPV, LFSRI II ES and any direct or indirect Subsidiary of Prometheus Senior Quarters formed to hold the investment in Atria and/or Kapson.
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Borrower Control Group means Terry Considine, Peter K. Kompaniez, Richard S. Ellwood, J. Landis Martin, Thomas L. Rhodes and John D. Smith.
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Borrower Control Group means BHOR, BHO II, Inc., BHO Business Trust II and XXXXX, but only as such entities are constituted as of the date of this Agreement except for any transfers permitted hereunder.
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Related to Borrower Control Group

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • Bank Subsidiary means the subsidiary or subsidiaries or the Bank which may from time to time be specified by the Bank to the Customer;

  • Inactive Trading Account means a Client's trading account which has not had an open position, pending order, or non-trading operation in 3 months period.

  • Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.

  • Subsidiary Bank means any Subsidiary which is a Bank.

  • Principal Subsidiary Bank means any subsidiary of the Company that is a bank or trust company organized and doing business under any state or federal law, the consolidated assets of which constitute 50% or more of the consolidated assets of the Company.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Borrower Affiliate shall have the meaning set forth in the Lead Securitization Servicing Agreement; provided that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer to a “Borrower Affiliate” as defined in the related Non-Lead Securitization Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

  • 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;

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Borrowing Subsidiary means, at any time, any Subsidiary of the Company designated as a Borrowing Subsidiary by the Company pursuant to Section 2.19 that has not ceased to be a Borrowing Subsidiary pursuant to such Section or Article 7.

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

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

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Management Accounts Date means 30 September 2017;

  • Borrower as defined in the preamble hereto.

  • Replacement Term Loans shall have the meaning provided in Section 13.1.

  • Eligible borrower means owners or others having an interest in property situated within the downtown area of a participating city, community development corporations associated with a participating city, Iowa main street program organizations associated with a participating city, community-initiated development groups associated with a participating city, or other organization associated with a participating city for purposes of implementing the Iowa main street program.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.