Borrowers definition
Examples of Borrowers in a sentence
Provided Lender has not separately agreed that Borrowers may use the Loan Management Service, each Borrowing shall be made by a written request by an Authorized Person delivered to Lender (which may be delivered through Lender’s electronic platform or portal).
Subject to the terms and conditions of this Agreement, on the Closing Date, ▇▇▇▇▇▇ agrees to make a term loan (the “Closing Date Term Loan”) to Borrowers in an aggregate amount equal to the lesser of (a) the Term Loan Commitment and (b) the Term Loan Amount.
Borrowers may obtain Bank Products from any Bank Product Provider, although Borrowers are not required to do so.
Borrowers agree that their obligations contained in the first sentence of this Section 2.5 shall survive payment or satisfaction in full of all other Obligations.
If any Indemnified Person makes any payment to any other Indemnified Person with respect to an Indemnified Liability as to which Borrowers were required to indemnify the Indemnified Person receiving such payment, the Indemnified Person making such payment is entitled to be indemnified and reimbursed by Borrowers with respect thereto.