Borrower Entity definition

Borrower Entity shall have the meaning set forth in Section 11.1 hereof.
Borrower Entity means each of the Borrower and each Permitted Additional Subsidiary.
Borrower Entity means each of Borrower and the Borrower Subsidiaries.

Examples of Borrower Entity in a sentence

  • The Borrower shall not, and shall not permit any other Borrower Entity to, engage in any business activity other than the maintenance and disposition of Collateral Loans; the ownership and disposition of Equity Interests and Eligible Investments; in the case of the Borrower, borrowing the Loans; pledging the Collateral and performing its obligations under the Loan Documents, in each case in compliance with the terms of this Agreement and the other Loan Documents.

  • The Borrower shall not, and shall not permit any other Borrower Entity to, change its type of organization, jurisdiction of organization or other legal structure without the prior written consent of the Requisite Lenders.

  • For the avoidance of doubt, nothing in this paragraph (c) shall be construed to permit any Borrower Entity to acquire Real Estate Loans.

  • If the Borrower shall refuse to join in the execution of any such instrument within 10 Business Days of any written request therefor by the LuxCo Collateral Agent, or if the U.S. Collateral Agent has given written notice to the LuxCo Collateral Agent that a Default or Event of Default has occurred and is continuing, then in any such instance the LuxCo Collateral Agent may act under the foregoing provisions without the concurrence of the Borrower or any other Borrower Entity.

  • The Borrower shall be obligated to perform its obligations under this Agreement, including those set forth in this paragraph, notwithstanding the ability of any Collateral Agent to take such actions pursuant to the provisions of Section 5.24 or any other provision of any Loan Document (or the ability of the Blackstone Asset Based Finance Representative to request the Borrower or any other Borrower Entity to take such actions pursuant to this paragraph).


More Definitions of Borrower Entity

Borrower Entity means a Person (a) in which the Borrower, directly or indirectly, has made an Investment, but which is not a Subsidiary, and (b) in which Person the Borrower, directly or indirectly, has a capital investment of no less than 10% of the aggregate capital investment of such Person.
Borrower Entity means each of the entities identified in Exhibit A annexed hereto, together with their respective successors and assigns.
Borrower Entity means, if applicable, the entity form of Borrower which is a corporation.
Borrower Entity has the meaning assigned in Section 3.5.
Borrower Entity. Each of the Borrower, the Owners’ Agent and the Operator and each of their respective successors and assigns.
Borrower Entity means the Borrower, each registered owner and beneficial owner of the Property, each indemnifier (if any) and any other guarantor of all or part of the Obligations.)
Borrower Entity means each of: