Initial Borrower definition

Initial Borrower has the meaning specified in the preamble hereto.
Initial Borrower has the meaning provided in the first paragraph hereof.
Initial Borrower has the meaning set forth in the preamble to this Agreement.

Examples of Initial Borrower in a sentence

  • After such filing, the Initial Borrower shall not withdraw its Form N-54A filed with the SEC electing to be treated as a business development company.

  • Any acknowledgment, consent, direction, certification or other action which might otherwise be valid or effective only if given or taken by such Credit Parties, or by each Credit Party acting singly, shall be valid and effective if given or taken only by the Initial Borrower, whether or not any such other Credit Party joins therein.

  • No Credit Party (other than the Initial Borrower) is required to be registered as an “investment company” within the meaning of the Investment Company Act.

  • At least ten (10) Business Days prior written notice to the Administrative Agent of the Initial Borrower or the Management Company’s intention to terminate, or prompt notice of any request by an Initial Specified Investor to terminate, its Specified Investor Shareholder Agreement.

  • Each Credit Party hereby irrevocably appoints the Initial Borrower as its agent for all purposes relevant to this Credit Agreement and each of the other Loan Documents, including (a) the giving and receipt of notices and (b) the ability to reduce, increase or extend the Credit Facility.


More Definitions of Initial Borrower

Initial Borrower has the meaning specified in the introductory paragraph to this Agreement.
Initial Borrower is defined in the preamble.
Initial Borrower is defined in the preamble to this Credit Agreement.
Initial Borrower shall have the meaning assigned to such term in the preamble hereto.
Initial Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
Initial Borrower means CapitalSource Inc., a Delaware corporation.
Initial Borrower means each Borrower under this Agreement as of the Initial Closing Date and its permitted successors and assigns.