Common use of Borrowing Agent Clause in Contracts

Borrowing Agent. ADC. Business Day - A day other than Saturday or Sunday when Lender is open for business in Harrisburg, Pennsylvania. Capital Expenditures – For any period, the aggregate of all expenditures (including that portion of Capitalized Lease Obligations attributable to that period) made in respect of the purchase, construction or rehabilitation of fixed or capital assets, determined in accordance with GAAP. Capital Stock - Any and all shares, interests, participations or other equivalents (however designated) of capital stock of a corporation, any and all other ownership interests in a Person (other than a corporation) and any and all warrants or options to purchase any of the foregoing.