borrowing company

"borrowing company" means a Labuan company that is or will be under a liability, whether or not such liability is present or future, to repay any money received or to be received by it in response to an offer made under section 8 to subscribe for or purchase debentures of the Labuan company;
ACT 704 - LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010
7. Interpretation.
See Also: Translator EN-BM