Bona Fide Institutional Lender definition

Bona Fide Institutional Lender means any one or more of the following, whether acting in its own interest and capacity or in a fiduciary capacity for one or more Persons none of which need be Bona Fide Institutional Lenders and who is not an Affiliate of Tenant: (i) a
Sample 1
Bona Fide Institutional Lender means (i) a federal or state ------------------------------ chartered bank, trust company, savings and loan association or building loan association (whether acting individually or in any fiduciary capacity), (ii) an insurance company, (iii) an educational institution, (iv) a profit-sharing or employees' pension trust or fund or the like, (v) a real estate investment trust, or (vi) a federal, state or local government or quasi-governmental department, agency or other subdivision thereof.
Sample 1
Bona Fide Institutional Lender means any one or more of the following, whether acting in its own interest and capacity or in a fiduciary capacity for one or more persons or entities none of which need be Bona Fide Institutional Lenders: (a) any savings bank, commercial bank or trust company (whether acting individually, or in any trust or fiduciary capacity), savings and loan association, or building loan association that has deposits in excess of One Billion Dollars ($1,000,000,000) (which amount shall be increased in proportion to increases in the CPI after the Commencement Date) and is subject to the jurisdiction of the Comptroller of the Currency, the Office of Thrift Supervision, the Federal Deposit Insurance Corporation, or the Federal Reserve Board, and the courts of the United States of America, any state thereof, or the State of California; (b) any insurance company, governmental agency, real estate investment trust, religious, educational or eleemosynary institution or state, municipal or similar public employees’ welfare, benefit, pension or retirement fund or system subject to the Employee Retirement Income Security Act, 29 U.S.C. § 1001, et seq., investment banking, merchant banking or brokerage firm (or any special account, managed fund, department, or agency of any of the foregoing) (i) any one of which has assets of at least (A) at all times prior to Substantial Completion of the Initial Lessee Improvements, Five Hundred Million Dollars ($500,000,000) (or equivalent in foreign currency); and (B) at all time from and after Substantial Completion of the Initial Lessee Improvements, Fifty Million Dollars ($50,000,000) (or the equivalent in foreign currency), as adjusted for increases in the CPI from and after the Completion Date, and (ii) in the case of a religious, educational or eleemosynary institution or an employees’ welfare, benefit, pension or retirement fund or system, investment banking, merchant banking or brokerage firm, is regularly engaged in any aspect of the financial services business; (c) governmental and quasi-governmental agencies and government sponsored organizations; or (d) an investment banking firm that originates at least One Hundred Million Dollars ($100,000,000) annually of commercial mortgage loans for sale or transfer, in their entirety, to another entity in the mortgage loan business that is a Bona Fide Institutional Lender, or in connection with the sale of the mortgage in any secondary mortgage loan market, including any mortgage backed secur...
Sample 1

Examples of Bona Fide Institutional Lender in a sentence

  • The commitment or commitments shall be obtained from a Bona Fide Institutional Lender (or Lenders), and, if required by any construction lenders(s), shall include commitments for permanent financing.

  • A Mortgage may be given only to a Bona Fide Institutional Lender, or to any other lender approved by Landlord in its sole discretion.

  • Landlord hereby consents to the transfer of a Mortgage, provided such transfer is to a Bona Fide Institutional Lender and otherwise satisfies the requirements of this Lease, and in the event of any such transfer, the new holder of the Mortgage shall have all the rights of its predecessor Mortgagee hereunder until such time as the Mortgage is further transferred or released from the leasehold estate.

  • A Mortgage may be given only to (i) a Bona Fide Institutional Lender, or (ii) Tenant in connection with purchase money financing for a Transferee of the Lease, or (iii) any other lender that shall have been approved by Landlord in its sole and absolute discretion, subject to Landlord's receipt of substantial and adequate evidence providing Landlord with information on the structure, financial capacity, and experience of such other lender.

  • A Mortgage may be given only to (i) a Bona Fide Institutional Lender, or (ii) any other lender that shall have been approved in advance by Landlord in writing in Landlord’s sole and absolute discretion, subject to Landlord’s receipt of substantial and adequate evidence providing Landlord with information on the structure, financial capacity, and experience of such other lender.

  • Successor Agency shall, upon written request, promptly acknowledge receipt of the name and address of the Mortgagee and confirm to such party that such party is or would be, upon closing of its financing or its acquisition of an existing Mortgage, a Holder entitled to all rights under this Article 7 and a Bona Fide Institutional Lender, provided that Successor Agency receives reasonable proof of the foregoing.


More Definitions of Bona Fide Institutional Lender

Bona Fide Institutional Lender shall be deemed to include, in addition to the types of entities described in the definitions described in each Lease, (1) Lender and its Affiliates and any of their respective successors and assigns, (2) the Trustee, and its successors and assigns, (3) the Servicer, on behalf of the Trustee, and its successors, sub-servicers and assigns, (4) any entity or trust that is qualified under the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder, as a "Real Estate Mortgage Investment Conduit" or "REMIC", (5) public or private bondholders or certificate holders represented by an institutional trustee that have made a loan to Tenant or have purchased a loan made to Tenant, and (6) any Affiliate of Tenant that is formed for the purpose of making a loan to Tenant that will be assigned contemporaneously with the making thereof to another Bona Fide Institutional Lender.
Sample 1
Bona Fide Institutional Lender means any one or more of the following, which is not an Affiliate of Tenant: a savings bank, a savings and loan association, a commercial bank or a trust company, or a branch thereof, with assets of at least $500,000,000 in the aggregate (or the equivalent in foreign currency), as Indexed.
Sample 1
Bona Fide Institutional Lender means any one or more of the following, whether acting in its own interest and capacity or in a fiduciary capacity for another person: a savings bank, a savings and loan association, a commercial bank or trust company or branch thereof, an insurance company, a governmental agency, a real estate investment trust, an employees' welfare, benefit, pension or retirement fund or system, an investment banking, merchant banking or brokerage firm, or any other person or persons which, at the time of a Mortgage is recorded, has (or is controlled by a person having) assets of at least $300 million in the aggregate (or the equivalent in foreign currency), and is regularly engaged in the financial services business. Budget is defined in Section 9.1(a). Certified Construction Costs is defined in Section 8.15(b).
Sample 1

Related to Bona Fide Institutional Lender

  • Qualified Institutional Lender means each of the Initial Note Holders and any other U.S. Person that is:

  • Institutional Lender means one or more commercial or savings banks, savings and loan associations, trust companies, credit unions, industrial loan associations, insurance companies, pension funds, or business trusts including but not limited to real estate investment trusts, any other lender regularly engaged in financing the purchase, construction, or improvement of real estate, or any assignee of loans made by such a lender, or any combination of any of the foregoing entities.

  • Qualified Institutional Investor (tekikaku kikan xxxxxxx) has the meaning assigned thereto in Article 2, Paragraph 3, item 1 of the Financial Instruments and Exchange Law (kinyu shohin torihiki ho) of Japan (Law No. 25 of 1948), Article 10, Paragraph 1 of the regulations relating to the definitions contained in such Article 2.

  • Approved Financial Institution means any bank approved by Exchange in accordance with its credit review procedures or policies;

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution identified as a Nonparticipating Financial Institution pursuant to paragraph 2 of Article 5.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • approved institution means an entity so named in a Certificate. From time to time the Fund may amend a previously delivered Certificate by delivering to the Transfer Agent a Certificate naming an additional entity or deleting any entity named in a previously delivered Certificate.

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

  • Qualified Institution means a depository institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times has the Required Rating and, in the case of any such institution organized under the laws of the United States of America, whose deposits are insured by the FDIC.

  • Member Institution means a university that is a member of CUSC/CCREU.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • the institution means the institution which the Corporation is established to conduct and any institution for the time being conducted by the Corporation in exercise of its powers under the Further and Higher Education Act 1992;

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Charitable Institution shall refer to an organization described in section 501(c)(3) of the Code (or any corresponding provision of a future United State Internal Revenue law) which is exempt from income taxation under section 501(a) thereof; and (iii) “presumptive remaindermen” shall refer to those Persons entitled to a share of a trust’s assets if it were then to terminate.

  • Eligible Institution Any of the following:

  • Licensed financial institution means a financial institution issued a license under this act.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Designated Institution shall have the meaning specified in Section 14.12(a).

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Eligible postsecondary institution means an institution as defined in Iowa Code section 261C.3.

  • Home Institution means the institution where the student is currently enrolled as a degree seeking student and may be eligible for financial aid at the same institution.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.