Community Lender definition

Community Lender means any not-for-profit or governmental
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Community Lender means any organization that is involved in making loans to small businesses within Arkansas.
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Community Lender means a lender that is a CDFI, Economic Development District, and/or Non-profit lender in Oregon who primarily deploys capital in rural communities, to businesses owned by Socially and Economically Disadvantaged Individuals (“SEDIs”), or businesses located in or with primary operations in SEDI communities. Lenders must have a physical presence in Oregon and intend to participate in the Department’s Loan Loss Reserve Account Program. Lenders are required to have operated for five or more years that meet one or more of the following:
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Examples of Community Lender in a sentence

  • At any time during the term of this Agreement, and upon thirty (30) days written notice to the Community, Lender may terminate its Nonreimbursable Funding Commitments and its obligation to fund the Loan under this Agreement.

  • At the Effective Time, the Company shall sell all of the outstanding capital stock of First Community Lender Services, Inc., a Florida corporation (“FCLS”), to CBM, free and clear of all Liens for a purchase price equal to the net book value of FCLS as of the Effective Time (the “FCLS Purchase Price”).

  • The te ms and provisions o(pound) this Loan Agreement and the other Loan Documents shall be binding upon and inure to the benefit of Community, Lender and their respective successors and assigns, except that Community shall not assign any of its rights hereunder without the express written consent of Lender.

  • In the event Lender and Community Operator are unsuccessful in retailing a Home to a new resident, and Lender determines that the Home needs to be removed from the Community, Lender shall notify Community Operator of ▇▇▇▇▇▇’s desire to move the repossession Home and shall offer the repossession Home to Community Operator for an amount to be determined by the Lender.


More Definitions of Community Lender

Community Lender means a Qualified Lender that is not eligible to participate in the Department's Capital Access Program established by ORS 285B.109 to 285B.119 or Credit Enhancement Fund program established by ORS 285B.200 to ORS 285B.218 because the lender is not a financial institution as that term is defined by ORS
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Community Lender means any not-for-profit or governmental organization that is involved in making loans to small businesses within Arkansas.
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