Secondary lender definition

Secondary lender means a person licensed, or a person who
Secondary lender means a person licensed, or a person who should be licensed, under this act to engage in the secondary mortgage loan business.
Secondary lender means a Person identified as a “Secondary Lender” on Schedule X hereto or any Eligible Assignee that becomes a party hereto as a “Secondary Lender” pursuant to an Assignment and Acceptance or a Joinder Agreement, and their respective successors and permitted assigns.

Examples of Secondary lender in a sentence

  • CITICORP NORTH AMERICA, INC., CITIBANK, N.A., as Agent as Secondary Lender By: /s/ Kimberly A.

  • CITICORP NORTH AMERICA, INC., CITIBANK, N.A., as Agent as Secondary Lender By: /s/ Susan M.

  • CITIBANK, N.A., as Program Agent CITIBANK, N.A., as Secondary Lender By: /s/ Xxxx X.

  • Each Secondary Lender shall be obligated to pay its Proportionate Share of all amounts payable to the Program Agent under this Section 8.04.

  • The date and principal amount of each Advance made to the Borrower and of each repayment of principal thereon shall be recorded by the [Lender] [Secondary Lender] or its designee on Schedule I attached to this Advance Note, and the aggregate unpaid principal amount shown on such schedule shall be rebuttable presumptive evidence of the principal amount owing and unpaid on the Advances made by the [Lender] [Secondary Lender].

  • Except for the commitment of the Secondary Lenders to make Advances if the Conduit Lender has declined to make an Advance to the extent expressly required by Section 2.02, no Lender or Secondary Lender shall be responsible for the failure of any other Lender or Secondary Lender to make any Advance or to perform any obligation on this Agreement or any other Program Document.

  • Each Lender and each Secondary Lender agrees that in any instance in which the Program Documents provide that the Agent’s consent may not be unreasonably withheld, provide for the exercise of the Agent’s reasonable discretion, or provide to a similar effect, it shall not in its instructions to the Agent withhold its consent or exercise its discretion in an unreasonable manner.

  • Such Eurodollar Additional Yield shall be determined by the Lender or such Secondary Lender and notified to the Borrower through the Agent within thirty (30) days after any Interest payment is made with respect to which such additional Yield is requested.

  • The Agent shall not have any liability to the Borrower, any Lender or any Secondary Lender for the Borrower’s, any Lender’s or any Secondary Lender’s, as the case may be, performance of, or failure to perform, any of their respective obligations and duties under this Agreement or any other Program Document.

  • A certificate as to the amount of such increased cost, submitted to the Borrower by the Lender or such Secondary Lender, shall be conclusive and binding for all purposes, absent manifest error.

Related to Secondary lender

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.