Debt Financier definition
Debt Financier means: 1 a financial institution providing debt finance on a limited recourse basis to the Recipient for the purpose of funding construction of the Project; and 2 any security trustee or agent of any such financial institution. Department Confidential Information means Confidential Information provided by the Department to the Recipient under or in connection with this Funding Agreement.
Debt Financier means any bank, savings bank, savings and loan association, asset-based lender, insurance company, private debt fund, surety or any other Person (and including agents of, or trustees for, any of the foregoing) which, in the ordinary course of its business, makes loans to, or purchases promissory notes from, business entities or otherwise extends credit to business entities.
Examples of Debt Financier in a sentence
The Recipient may grant a security interest over its right, title to or interest in this Funding Agreement to a Debt Financier by providing prior written notice to the Departments.