Agency Lender definition

Agency Lender means any of: (i) the U.S. Department of Housing and Urban Development, (ii) the Federal National Mortgage Association (▇▇▇▇▇▇ ▇▇▇), or (iii) the Federal Home Loan Mortgage Corporation (▇▇▇▇▇▇▇ Mac), or any designees, agents, originators, or servicers of any of the foregoing.
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Agency Lender means any of: (i) the U.S. Department of Housing and Urban Development, (ii) the Federal National Mortgage Association (Fannie Mae), or (iii) the Federal Home Loan Mortgage Corporation (Freddie Mac), or any designees, agents, originators, or servicers of any of the foregoing.
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Agency Lender means a Person which is licensed or authorized by Fannie Mae, Freddie Mac or FHA (collectively, the "Agencies" and in▇▇▇▇▇▇a▇▇▇ a▇ "▇▇▇▇cy") to originate and/or service mortgage loans for or on behalf of such entities, including, without limitation, a Person which is a Fannie Mae Delegated Underwriter and Servicer, a Freddie Mac Progra▇ ▇▇▇▇ Seller/Servicer or FHA originator, process▇▇ ▇▇▇ servicer.
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Examples of Agency Lender in a sentence

  • In the event any Agency Lender or other Facility Mortgagee requires, as a condition to making a Facility Mortgage, an intercreditor agreement with any receivables lender of Tenant, Tenant shall enter into any such intercreditor agreement and shall take all commercially reasonable efforts to cause said receivables lender to enter into such intercreditor agreement with said Agency Lender or other Facility Mortgagee on terms acceptable to said Agency Lender or other Facility Mortgagee.

  • All deposits (including security deposits and other funds required to be escrowed by any Agency or Lender) and other funds not needed in the operation of the business shall be deposited, if required by applicable law and to the extent permitted by applicable Agency, Lender or Mortgage requirements, in interest-bearing accounts or invested in United States Government obligations maturing within one year.

  • Subject to the relevant Acknowledgment Agreement with any Agency, Lender shall have free and unrestricted use of all Collateral and nothing in this Agreement shall preclude Lender from engaging in repurchase transactions with all or a portion of the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating all or a portion of the Collateral.

  • No later than the date that is six (6) months prior to the Initial Maturity Date, Borrower shall fund all fees necessary for preparation, processing and submission of the Application, as reasonably determined by CONA Agency Lender.

  • Seller hereby agrees that if required by any Agency Lender, Seller shall (at its sole cost and expense) timely provide its audited financials for the calendar year in which the Close of Escrow occurs to Buyer and such Agency Lender, which audited financials shall conform to the then applicable requirements of HUD.

  • No later than the date that is six (6) months prior to the Maturity Date, Borrowers shall fund all fees necessary for preparation, processing and submission of the Application, as reasonably determined by CONA Agency Lender and/or Regions Agency Lender, as applicable.

  • For an amendment to the Agency Debt Documents to be deemed required by the Agency Lender, the Agency Lender must have the legal right to require Seller to execute such amendment whether or not Seller consents to the same.

  • Within thirty (30) days following the Closing Date, Borrowers shall execute an engagement letter authorizing CONA Agency Lender to prepare a HUD application for submission to the Secretary of HUD for HUD Permanent Financing for the Project (the “Application”).

  • Notwithstanding the foregoing, if any amendment to the Agency Debt Documents is required by law or by the Agency Lender (a “Required HUD Amendment”), Buyer’s prior written consent thereto shall not be required and the execution of such amendment shall not constitute a breach of this Agreement.

  • Throughout the term of the Loan, CONA Agency Lender and Regions Agency Lender shall have an exclusive right, but not an obligation, to represent Borrowers in the application to HUD for an FHA mortgage insurance commitment for a HUD Loan Financing and/or HUD Project Loan Financings, offered on market terms and conditions for similarly situated projects owned by similar borrowers as a permanent take-out for the Loan or the Allocated Loan Amount for any particular Project, as applicable.

Related to Agency Lender

  • Multicurrency Lender means the Persons listed on Schedule I as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption or Incremental Assumption Agreement that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption or Incremental Assumption Agreement or otherwise in accordance with the terms hereof.

  • L/C Lender a Lender with an L/C Commitment.

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

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

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