Lender Name Sample Clauses

Lender Name. Tax ID No.: ---------------------------------------------------------- We hereby authorize the Great Lakes Higher Education Servicing Corporation, hereinafter called Great Lakes, to initiate debit/credit entries to our demand deposit account indicated at the depository named below to fund new loan disbursements originated by Great Lakes.
AutoNDA by SimpleDocs
Lender Name. Any references in the Loan Agreement and any other Loan Document to “The PrivateBank and Trust Company” are hereby amended to refer to “CIBC Bank USA”.
Lender Name. The name of the eligible lender as defined in section 435(d) of the Higher Education Act of 1965 and in the Federal regulations under 34 CFR §682.200 and is a National or State chartered bank, a mutual savings bank, a savings and loan association, a stock savings bank, or a credit union which participates in the FFELP.  Servicer Name – The name of the organization or individual as defined in 34 CFR 682.200 that acts on behalf of another party in administering any aspect of the FFELP pursuant to applicable statutes and regulations. A third-party servicer may submit data under this Agreement only if it is authorized to do so by the Lender or Eligible Lender Trustee for which it is acting.
Lender Name. The name of the eligible lender as defined in section 435(d) of the Higher Education Act of 1965 and in the Federal regulations under 34 CFR §682.200 and is a National or State chartered bank, a mutual savings bank, a savings and loan association, a stock savings bank, or a credit union which participates in the FFEL Program. Servicer Name – The name of the organization or individual as defined in 34 CFR 682.200 that acts on behalf of another party in administering any aspect of the FFEL Program pursuant to applicable statutes and regulations. A third-party servicer may submit data under this OPA only if it is authorized to do so by the Lender or Eligible Lender Trustee for which it is acting. Eligible Lender Trustee Name – The name of an eligible lender that holds a loan in its capacity as a trustee for a beneficial holder who does not meet the requirements of an eligible lender. The trustee assumes responsibility for complying with all statutory and regulatory requirements imposed on any other holders of a loan. Authorizing Official – Name of the person in your organization responsible for submitting correct financial data and has the authority to commit the organization’s or company's funding. The Lender/Servicer/Eligible Lender Trustee agrees to: Transmit documents to the Department via a Department-administered website. Provide and maintain, at its expense, all machines, and programs necessary to effectively and reliably transmit and receive data. Submit LaRS reports using file transfer methodology or data entry in accordance with the Department’s requirements and directions. Provide the Department with the name and address of the person legally responsible for the data transmissions. Certify the accuracy and completeness of the data electronically transmitted to the Department’s Financial Management System. Accurately complete all steps on the OPA and promptly notify the Department of any change to the information provided herein. If the Lender/Servicer/Eligible Lender Trustee submits this OPA to the Department and completes the Lender Application, the Department will: Allow web submission of the LaRS reports to the Department’s Financial Management System using file transfer methodology or on-line data entry. Acknowledge web submissions by receipt that includes date and time of the transaction.
Lender Name. The Party who will lend money on the conditions defined by this paperwork should be named in the “Lender” statement. Use the first line in the “Lender” statement to display his or her identity by submitting his or her entire legal name as requested in this space. If the Lender is a Company that has been registered as a Business Entity with the State of its formation, then the full name of the Lending Company should be displayed here. (5)

Related to Lender Name

  • New Lender The New Lender hereby joins in, becomes a party to, and agrees to comply with and be bound by the terms and conditions of the Credit Agreement as a Lender thereunder and under each and every other Loan Document to which any Lender is required to be bound by the Credit Agreement, to the same extent as if the New Lender were an original signatory thereto. The New Lender hereby appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion under the Credit Agreement as are delegated to the Administrative Agent by the terms thereof, together with such powers and discretion as are reasonably incidental thereto. The New Lender represents and warrants that (a) it has full power and authority, and has taken all action necessary, to execute and deliver this Second Amendment, to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (b) it has received a copy of the Credit Agreement and copies of the most recent financial statements delivered pursuant to Section 8.01 thereof, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Second Amendment and to become a Lender on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, and (c) from and after the Second Amendment Effective Date, it shall be a party to and be bound by the provisions of the Credit Agreement and the other Loan Documents and have the rights and obligations of a Lender thereunder.

  • Use of Lender's Name Borrower will not use Lender's name (or the name of any of Lender's affiliates) in connection with any of its business operations. Borrower may disclose to third parties that Borrower has a borrowing relationship with Lender. Nothing contained in this Agreement is intended to permit or authorize Borrower to make any contract on behalf of Lender.

  • Xxxxx Fargo as Lender Xxxxx Fargo, as a Lender or as a Specified Derivatives Provider, as the case may be, shall have the same rights and powers under this Agreement and any other Loan Document and under any Specified Derivatives Contract, as the case may be, as any other Lender or Specified Derivatives Provider and may exercise the same as though it were not the Administrative Agent; and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated, include Xxxxx Fargo in each case in its individual capacity. Xxxxx Fargo and its affiliates may each accept deposits from, maintain deposits or credit balances for, invest in, lend money to, act as trustee under indentures of, serve as financial advisor to, and generally engage in any kind of business with the Borrower, any other Loan Party or any other affiliate thereof as if it were any other bank and without any duty to account therefor to the Issuing Bank, other Lenders, or any other Specified Derivatives Providers. Further, the Administrative Agent and any affiliate may accept fees and other consideration from the Borrower for services in connection with this Agreement or any Specified Derivatives Contract, or otherwise without having to account for the same to the Issuing Bank, the other Lenders or any other Specified Derivatives Providers. The Issuing Bank and the Lenders acknowledge that, pursuant to such activities, Xxxxx Fargo or its affiliates may receive information regarding the Borrower, other Loan Parties, other Subsidiaries and other Affiliates (including information that may be subject to confidentiality obligations in favor of such Person) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them.

  • Administrative Agent Appointed Attorney-in-Fact Each Grantor hereby appoints the Administrative Agent the attorney-in-fact of such Grantor for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instrument that the Administrative Agent may deem necessary or advisable to accomplish the purposes hereof at any time after and during the continuance of an Event of Default, which appointment is irrevocable and coupled with an interest. Without limiting the generality of the foregoing, the Administrative Agent shall have the right, but only upon the occurrence and during the continuance of an Event of Default and notice by the Administrative Agent to the Parent Borrower of its intent to exercise such rights, with full power of substitution either in the Administrative Agent’s name or in the name of such Grantor (a) to receive, endorse, assign and/or deliver any and all notes, acceptances, checks, drafts, money orders or other evidences of payment relating to the Collateral or any part thereof; (b) to demand, collect, receive payment of, give receipt for and give discharges and releases of all or any of the Collateral; (c) to sign the name of any Grantor on any invoice or xxxx of lading relating to any of the Collateral; (d) to send verifications of Accounts Receivable to any Account Debtor; (e) to commence and prosecute any and all suits, actions or proceedings at law or in equity in any court of competent jurisdiction to collect or otherwise realize on all or any of the Collateral or to enforce any rights in respect of any Collateral; (f) to settle, compromise, compound, adjust or defend any actions, suits or proceedings relating to all or any of the Collateral; (g) to notify, or to require any Grantor to notify, Account Debtors to make payment directly to the Administrative Agent; and (h) to use, sell, assign, transfer, pledge, make any agreement with respect to or otherwise deal with all or any of the Collateral, and to do all other acts and things necessary to carry out the purposes of this Agreement, as fully and completely as though the Administrative Agent were the absolute owner of the Collateral for all purposes; provided that nothing herein contained shall be construed as requiring or obligating the Administrative Agent to make any commitment or to make any inquiry as to the nature or sufficiency of any payment received by the Administrative Agent, or to present or file any claim or notice, or to take any action with respect to the Collateral or any part thereof or the moneys due or to become due in respect thereof or any property covered thereby. The Administrative Agent and the other Secured Parties shall be accountable only for amounts actually received as a result of the exercise of the powers granted to them herein, and neither they nor their officers, directors, employees or agents shall be responsible to any Grantor for any act or failure to act hereunder, except for their own gross negligence or wilful misconduct or that of any of their Affiliates, directors, officers, employees, counsel, agents or attorneys-in-fact.

  • Further Identification of Collateral Each Debtor will, when and as often as requested by the Secured Party or its Representative, furnish to the Secured Party or such Representative, statements and schedules further identifying and describing the Collateral and such other reports in connection with the Collateral as the Secured Party or its Representative may reasonably request, all in reasonable detail.

  • Lender Consent For purposes of determining compliance with the conditions specified in Section 3.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required hereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Agreement Effective Date specifying its objection thereto.

Time is Money Join Law Insider Premium to draft better contracts faster.