Preferred Lender Sample Clauses
The Preferred Lender clause designates a specific lender or group of lenders that a party must use or give priority to when seeking financing related to the agreement. In practice, this means that if the party needs to obtain a loan or other financial services, they are required to approach the named lender first or exclusively, unless certain conditions allow otherwise. This clause ensures that the lender receives priority business, often as part of a broader commercial relationship, and helps streamline the financing process by clarifying which financial institution should be involved.
POPULAR SAMPLE Copied 3 times
Preferred Lender. The PREFERRED LENDER relating to this Builder’s Referral Incentive and Contributions Addendum is DHI Mortgage. More information regarding DHI Mortgage is available at: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. Purchaser’s decision to use any lender other than PREFERRED LENDER will not affect any concessions, incentives or discounts offered by Seller for the purchase of the Property other than the closing cost contributions described in Section 2 above.
Preferred Lender. The preferred lender Contributions Addendum is DHI Mortgage. More information regarding DHI Mortgage is available at: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. sions, incentives or discounts offered by Seller for the purchase of the Property other than the closing cost contributions described in Section 2 above.
Preferred Lender. FHS agrees to use all reasonable efforts to ensure that the Company will be the preferred lender to transactions entered into by FHS's distributors and agrees to use its reasonable endeavours to ensure that the Company will be the preferred lender to transactions entered into by Home Security International, Inc's distributors and those of its related bodies corporate where the Company carries on business from time to time.