Approved Lenders definition

Approved Lenders means all of the lenders providing the Approved Loans to the Lessee and their designees, nominees, successors and assigns.
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Approved Lenders means any bank or financial institution:
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Approved Lenders means any lender that is identified by you as an “Approved Lender” by written notice delivered to the Arrangers (the “Approved Lenders List”) on or prior to the date hereof.
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Examples of Approved Lenders in a sentence

  • GUS incorporates applicant eligibility and underwriting requirements of this Handbook by utilizing a modified version of the Federal Housing Administration (FHA) mortgage scorecard known as Technology Open to Approved Lenders (TOTAL) concurrently with a rules based engine.

  • A survey or plat must be an exhibit to the title company insurance policy on each Program Loan where such is required by the title insurance company or Approved Lender's appraiser.

  • Approved Lenders must include all attachments required by the Program Loan.

  • Approved Lenders must use appraisers having appropriate experience and qualifications, and approvals, when applicable, from the Qualified Mortgage Insurer.

  • The Approved Lenders should make a thorough check of all information prior to closing the Program Loan to verify compliance with requirements and avoid a rejected loan.In addition, federal law places the State at risk financially even for inadvertent or non- negligent errors by the State or the Approved Lenders.

  • Approved Lenders must make all records maintained in connection with the Program available for inspection by the Department upon request at all reasonable hours.

  • Upon an Approved Lender's request, a 90-day lock extension may be granted to enable Approved Lenders sufficient time to close the loan under the original terms of the reservation.Once a reservation has expired and no request has been made for an extension, an Approved Lender will lose the reservation for the Program Loan and will not be allowed to re-reserve funds using an interest rate lower than the original reservation rate.

  • As of the effective date of this Schedule, the Licensed Application includes certain functionality and features enabling warehouse lenders, disbursement agents and other entities to accept certain associations proposed by Xxxxxx Xxx Approved Lenders and confirm wire instructions identified with those associations by the Approved Lenders.

  • FHA’s Technology Open To Approved Lenders (TOTAL) Mortgage Scorecard is not an Automated Underwriting System (AUS) but a scorecard that must interface through a system-to-system connection with an AUS.Each AUS using TOTAL Mortgage Scorecard provides a Feedback Certificate/Finding Report, which documents results of the credit risk evaluation, and identifies the credit report utilized for the scoring event.

  • In order to solicit this input and engage different groups, the TDG team will conduct regular steering committee meetings, hold focus groups to target specific stakeholders, solicit input online through innovative mapping tools and a survey and the use of InTouch Live ‐ an innovative public meeting survey tool.


More Definitions of Approved Lenders

Approved Lenders means the prospective lenders listed on Schedule 1.1.
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Approved Lenders means the following holders of Indebtedness of Borrower: the holders of the XXXX/WKRF Note, the holder of the WSUS Studio Payment, and each payee under any Capital Lease Obligations of Borrower.
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Approved Lenders means such banks and financial institutions as may from time to time be agreed between the Original Lender and the Guarantor as being potential Lenders for some or all of the Aircraft, it being acknowledged for any such persons to be considered an "APPROVED LENDER", it must also be eligible to receive the benefit of the ECA Guarantees.
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Related to Approved Lenders

  • Approved Lender is defined in Section 12.1.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Existing Lenders as defined in the recitals hereto.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Requisite Lenders means Lenders having (a) more than 50% of the Commitments of all Lenders, or (b) if the Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Loans.

  • Supermajority Lenders means, at any time, Lenders having or holding more than 66 2/3% of the aggregate Revolving Loan Exposure of all Lenders; provided, that (i) the Revolving Loan Exposure of any Defaulting Lender shall be disregarded in the determination of the Supermajority Lenders, and (ii) at any time there are two or more Lenders (who are not Affiliates of one another), “Supermajority Lenders” must include at least two Lenders (who are not Affiliates of one another or Defaulting Lenders).

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

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

  • Required Lenders means, at any time, Lenders having Revolving Exposures, Term Loans and unused Commitments representing more than 50% of the sum of the total Revolving Exposures, outstanding Term Loans and unused Commitments at such time.

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Continuing Lenders as defined in the recitals hereto.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Lead Lender means a lending insti- tution having a direct contractual rela- tionship with a borrower to advance funds, which institution sells or as- signs an interest or interests in such loan to one or more other lenders.

  • Majority Revolving Lenders at any time, (a) if only one Revolving Lender holds the Total Revolving Commitments at such time, such Revolving Lender, both before and after the termination of such Revolving Commitment; and (b) if more than one Revolving Lender holds the Total Revolving Commitment, at least two Revolving Lenders who hold more than 50% of the Total Revolving Commitments (including, without duplication, the L/C Commitments) or, at any time after the termination of the Revolving Commitments when such Revolving Commitments were held by more than one Revolving Lender, at least two Revolving Lenders who hold more than 50% of the Total Revolving Extensions of Credit then outstanding (including, without duplication, any L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time)); provided that the Revolving Commitments of, and the portion of the Revolving Loans and participations in L/C Exposure and Swingline Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Replaced Lender shall have the meaning provided in Section 2.13.

  • Minority Lenders has the meaning provided in SECTION 9.02(c).

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.