Borrower Funding Request definition

Borrower Funding Request means the request to fund a Loan on any Funding Date, substantially in the form of Exhibit 2.03, delivered in accordance with Section 2.03(a).
Sample 1Sample 2Sample 3
Borrower Funding Request is defined in the Forward Commitment Agreement.
Sample 1

Examples of Borrower Funding Request in a sentence

  • Any Borrower Funding Request that relates to the addition of new Collateral shall include an Electronic File describing all Eligible Servicing Rights that constitute the Collateral hereunder.

  • The amount of any Loan requested pursuant to a Borrower Funding Request shall be not greater than the related Available Loan Amount and, with respect to the Initial Borrower Funding request, shall not be less than $10 million.

  • Please wire transfer the proceeds of the Loan to the following account pursuant to the following instructions: [______________] The undersigned has caused this [Initial] Borrower Funding Request to be executed and delivered, and the certification and warranties contained herein to be made, by its duly authorized officer this ____ day of _________, 20__.

  • The undersigned further represents and warrants that either (a) the Servicing Contracts have not been materially modified since the last date the undersigned delivered a Borrower Funding Request (other than as a result in changes in the Agency Guides), or (b) attached hereto is a true and complete description of any changes to the applicable Servicing Contracts since the last date the undersigned delivered a Borrower Funding Request.

  • Notwithstanding anything contained herein to the contrary, all delivery requirements (including without limitation the Servicing Schedule and Agency Obligations reporting) described above shall apply to each Borrower Funding Request.

  • Please wire transfer the proceeds of the Loan to the following account pursuant to the following instructions: [ ] The undersigned has caused this [Initial] Borrower Funding Request to be executed and delivered, and the certification and warranties contained herein to be made, by its duly authorized officer this day of , 20 .

  • By delivering a Borrower Funding Request, the Borrower represents and warrants to the Lender that, after taking into account the amount of the requested Loan, all conditions precedent to such Loan specified in Section 5.02 of the Agreement have been satisfied.

  • The amount of any Loan requested pursuant to a Borrower Funding Request shall be not greater than the related Available Loan Amount and, with respect to the Initial Borrower Funding Request, shall not be less than $5 million.

  • The amount of any Loan requested pursuant to a Borrower Funding Request shall be not greater than the related Available Loan Amount and shall not result in the Outstanding Aggregate Loan Amount exceeding the Borrowing Base.

  • The amount of any Loan requested pursuant to a Borrower Funding Request shall be not greater than the related Available Loan Amount and shall not result in the Outstanding Aggregate Loan Amount exceeding the lesser of (i) the Borrowing Base and (ii) the sum of the Committed Amount plus the Uncommitted Amount.

Related to Borrower Funding Request

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • Borrowing Agent means any of the following:

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Request for Borrowing has the meaning provided in Section 2.3(a).

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.

  • Borrowing Notice is defined in Section 2.8.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Administrative Borrower has the meaning set forth in Section 17.9.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Borrower Agent as defined in Section 4.4.