Source of Lender Value Sample Clauses
The 'Source of Lender Value' clause defines the specific assets, revenues, or collateral from which a lender expects to recover its loan or investment. In practice, this clause may identify particular cash flows, property, or business operations that serve as the primary means for loan repayment or security. By clearly establishing what constitutes the lender's value, the clause helps ensure that both parties understand the basis for the lender's risk assessment and repayment expectations, thereby reducing ambiguity and potential disputes over repayment sources.
Source of Lender Value if value is provided by the lender, write "Lender" (do not include a person’s name); or, if lender value is unconfirmed at the time of the application, write name and title (e.g. ▇▇▇▇ ▇▇▇, curator) of the individual estimating a temporary value to be considered for the application until the lender value is confirmed. Values may be updated for consideration prior to the meeting of the Advisory Panel; increased values will not be considered after the meeting of the Advisory Panel.
Source of Lender Value if value is provided by the lender, write "Lender"; or, if lender value is unconfirmed at the time of the application, write name and title (e.g. ▇▇▇▇ ▇▇▇, curator) of the individual estimating a temporary value to be considered for the application until the lender value is confirmed.
Source of Lender Value. 1) if value is provided by the lender, write "Lender"; if estimated by another, write name and title (e.g. curator) of the individual originating the temporary value for the application.