Qualified Borrower definition

Qualified Borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

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Qualified Borrower has the meaning provided in Section 6.3.

Qualified Borrower means any entity, which entity may be organized in the United States or outside of the United States, in which Borrower owns a direct or indirect ownership interest or through which Borrower will acquire an investment, the indebtedness of which entity can be guaranteed by Borrower pursuant to the terms of the Operating Agreement, and which entity has executed and delivered this Credit Agreement on the Closing Date or a Joinder Agreement and in respect of which entity Borrower has guaranteed the Obligations thereof pursuant to Section 6.

Examples of Qualified Borrower in a sentence

The Borrowers shall, or shall cause the applicable Qualified Borrower to, pay such Lender, the amount shown as due on any such certificate within ten (10) Business Days after receipt thereof.
No Loan Party will (i) merge, migrate or consolidate or take any analogous corporate, limited partnership or exempted limited partnership action with or into any Person, unless a Loan Party, as applicable, is the surviving entity, (ii) permit any Managing Entity or any Qualified Borrower to merge or consolidate with or into any Person, unless USActive 61477672.3USActive 61994469.1-97- such Managing Entity or such Qualified Borrower is the surviving entity.
The Loans to be made by Lenders to Qualified Borrowers hereunder shall be evidenced by a promissory note of each such Qualified Borrower.
Each emailed notice by any Borrower pursuant to this Section 2.03(a) must be confirmed promptly by delivery to the Administrative Agent of a written Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrowers (and each Loan Notice submitted by a Qualified Borrower must be countersigned by a Responsible Officer of the Borrowers), unless otherwise agreed by the Administrative Agent.
Administrative Agent may conclusively rely on Lenders as to the amount due to Lenders under any Qualified Borrower Note or Borrower Guaranty.

Qualified Borrower means any government unit or private entity which is authorized to construct, operate, or own a qualified project.

Qualified Borrower is defined in Section 2.9(a).

Qualified Borrower means any eligible entity which is authorized to construct, operate, or own a qualified project.

Qualified Borrower means an individual or family who

Qualified Borrower means an individual meeting all of the following requirements:

Qualified Borrower means any government unit, public or private nonprofit entity approved by the department that is authorized to construct, operate, or own a qualified project and receives financing assistance pursuant to this section.

Qualified Borrower means any governmental unit or private enterprise which is authorized to construct, operate or own a qualified project;