Deferred deposit lender definition

Deferred deposit lender means a person that engages in the business of
Deferred deposit lender means a person that engages in the business of deferred deposit lending.
Deferred deposit lender or “lender” means any person licensed under this act to make deferred deposit loans, including an assignee of the lender’s right to payment, but use of the term does not itself impose on an assignee any obligation of the lender with respect to events occurring before the assignment;

Examples of Deferred deposit lender in a sentence

  • Deferred deposit lender" or "licensee" means a person engaged in the business of making deferred deposit loans.


More Definitions of Deferred deposit lender

Deferred deposit lender or "licensee" means a person engaged in the business of making deferred deposit loans.
Deferred deposit lender means the following:
Deferred deposit lender or "licensee" means a person engaged in the business of making
Deferred deposit lender means any lender (i) engaged in
Deferred deposit lender or “lender” means any person licensed under this act to make deferred deposit loans, including an assignee of the lender’s right to payment, but use of the term does
Deferred deposit lender or "lender" means any person

Related to Deferred deposit lender

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Cash Collateral Account means a blocked, non-interest bearing deposit account of one or more of the Loan Parties at Bank of America in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner satisfactory to the Administrative Agent.