In the sentences extracted from financial agreements in U.S. SEC filings, identify the named entities that represent a person ('PER'), an organization ('ORG'), or a location ('LOC'). The required answer format is: 'entity name, entity type'.
Text: Borrower and each Subsidiary has timely filed all required tax returns and paid , or made adequate provision to pay , all taxes , except those being contested in good faith with adequate reserves under GAAP .
Answer:
Borrower, PER