Loan Borrower definition

Loan Borrower. As defined in the Introductory Statement.
Loan Borrower means BM 18 – Massillon, LLC, or Briar Meads.
Loan Borrower means, with respect to any Loan Agreement, the related “Borrower” identified on Schedule B.

Examples of Loan Borrower in a sentence

  • If Lender required Mortgage Insurance as a condition of making the Loan, Borrower will pay the premiums required to maintain the Mortgage Insurance in effect.

  • If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect.

  • In the event the Land is so located, and the City approves continuing with the Loan, Borrower shall provide the City with satisfactory evidence that the maximum amount of available flood insurance is in effect.

  • During the term of the Loan, Borrower shall deliver to Agency within 120 days of the end of each fiscal year an audited income and expense statement, a balance sheet, and a statement of all changes in financial position signed by authorized officers of Borrower.

  • Prior to the first disbursement of the Loan, Borrower must demonstrate evidence of adequate and assured funding to complete the development of the Project in accordance with the Agency's requirements.

  • The parties agree that this Subordination Agreement shall not grant any right, benefit, priority, or interest to any third party, including but not limited to the SBA Loan Borrower or guarantor(s).

  • During the term of the Loan, Borrower must deliver to Agency a monthly rent-roll including household composition information and operating statements with respect to the Property and Improvements, as Agency may request.

  • Subject to the terms of the relevant Loan, Borrower shall be entitled at any time to terminate a Loan and to deliver all and any Equivalent Securities due and outstanding to Lender in accordance with Lender’s instructions and Lender shall accept such delivery.

  • In the event of a loan to a Nonguaranteed Farm Loan Borrower, the fee shall not exceed that specified in Government Code Section 63089.67.

  • This Loan is a nonrecourse loan, and notwithstanding any provision of this Note or any document evidencing or securing this Loan, Borrower, and Borrower’s principals, members, partners, agents, officers, and successors in interest shall not be personally liable for the payment of the Loan or any obligation of the Loan.

Related to Loan Borrower

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

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

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • German Borrower means a Borrower incorporated in Germany.

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

  • Lender Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

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

  • Canadian Borrower as defined in the preamble hereto.

  • DIP Lender means a lender under the DIP Facility.

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

  • Subordinate Lender means the person or entity named as such in the first paragraph of this Agreement and any other person or entity who becomes the legal holder of the Subordinate Note after the date of this Agreement.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Term Loan as defined in Section 2.1.

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

  • Term Loan B has the meaning set forth in Section 2.2(b).

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

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

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