Leverage the input sentence to evaluate and define the entity type for 'Borrower'.
Options: location, person, organization

If an Event of Default has occurred and is continuing , Agent and Lenders may apply any funds in their possession , whether from Borrower account balances , payments , proceeds realized as the result of any collection of Accounts or other disposition of the Collateral , or otherwise , to the Obligations in such order as Agent shall determine in its sole discretion .
person