Relevant Borrower definition

Relevant Borrower means the Borrower which is the owner of the Relevant Ship; and

Relevant Borrower means, with respect to any Borrowing, the Borrower requesting such Borrowing or with respect to any Letter of Credit, the Borrower requesting the issuance of same.

Relevant Borrower means (a) with respect to a Loan or a proposed Loan, the Borrower to which such Loan was made or is proposed to be made, as the case may be and (b) with respect to a Letter of Credit or a requested Letter of Credit, the Borrower which has requested the issuance of such Letter of Credit and for whose account such Letter of Credit is issued or requested to be issued, as the case may be.

Examples of Relevant Borrower in a sentence

• Clause 2.1(a) then contains, on the face of it, an absolute assignment by each of NAB and the Bank, to Promontoria Chestnut, of all of their respective rights (as set out in sub-paragraphs (a)(i) to (iv)) “in relation to each Specified Loan Asset comprised within that Relevant Borrower Asset Group”.

• Relevant Borrower legislation and regulations are in harmony with World Bank policy in relation to resettlement.

• In some cases, the Relevant Borrower may dispose of a Property if the net disposal proceeds are at least equal to a minimum specified amount (the Required Amount).

• Each Credit Agreement contains the types of representations, warranties and undertakings on the part of the Relevant Borrower that a reasonably prudent lender making loans secured on commercial properties of the same type as the Properties would customarily require.

• Certain prepayments by the Relevant Borrower may be subject to prepayment fees in connection therewith (Prepayment Fees).

More Definitions of Relevant Borrower

Relevant Borrower means the Borrower owning that Ship.

Relevant Borrower means, with respect to any outstanding or requested Loan or Advance, whichever of the Borrowers is the existing or proposed primary obligor in respect of such Loan or Advance.

Relevant Borrower as defined, in relation to Dutch Tax matters, in Section 5.8.7, in relation to United Kingdom Tax matters, in Section 5.8.8 and, in relation to Australian Tax matters, in Section 5.8.9.

Relevant Borrower as defined, in relation to United Kingdom Tax matters, in Section 5.8.4.

Relevant Borrower means in respect of a Letter of Credit, the Borrower which has requested the issuance or amendment of that Letter of Credit.

Relevant Borrower means, in relation to a Loan, the Borrower which borrowed such Loan.

Relevant Borrower means the Dutch Borrowers and any other Foreign Domiciled Loan Party that is required to make a Tax Deduction in accordance with Applicable Law.