Direct Lender definition

Direct Lender means a third party direct lender who originated and sold or assigned the respective Receivable to Exeter pursuant to a Direct Lender Agreement.
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Direct Lender means an entity that originates loans directly to eligible borrowers in the state and does
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Examples of Direct Lender in a sentence

  • At the time of an origination of a Receivable by a Dealer or Direct Lender, each Financed Vehicle is required to be covered by a comprehensive and collision insurance policy insuring against loss and damage due to fire, theft, transportation, collision and other risks generally covered by comprehensive and collision coverage.

  • At the time of an origination of an EFLLC Receivable by a Dealer or Direct Lender, each Financed Vehicle is required to be covered by a comprehensive and collision insurance policy insuring against loss and damage due to fire, theft, transportation, collision and other risks generally covered by comprehensive and collision coverage.

  • With respect to each EFLLC Receivable for which the Lien Certificate has not yet been returned from the Registrar of Titles, Exeter has applied for or received written evidence from the related Dealer or Direct Lender that such Lien Certificate showing Exeter, the Issuer or the Holding Trust, as applicable, as first lienholder has been applied for.

  • With respect to each Receivable for which the Lien Certificate has not yet been returned from the Registrar of Titles, Exeter has applied for or received written evidence from the related Dealer or Direct Lender that such Lien Certificate showing Exeter as first lienholder has been applied for.

  • With respect to each EFLLC Receivable for which the Lien Certificate has not yet been returned from the Registrar of Titles, Exeter has applied for or received written evidence from the related Dealer or Direct Lender that such Lien Certificate showing Exeter as first lienholder has been applied for.

  • With respect to each Receivable for which the Lien Certificate has not yet been returned from the Registrar of Titles, Exeter has applied for or received written evidence from the related Dealer or Direct Lender that such Lien Certificate showing Exeter or the Holding Trust, as applicable, as first lienholder has been applied for.

  • Such collective of Lenders may include any providers of the Senior Debt Financing as well as any monoline insurer or any other provider of credit enhancement in relation to the Senior Debt Financing, provided such collective is represented by a single trustee or other representative for purposes of dealing with the Province and the Contractor under the Direct Lender Agreement.

  • All rights to terminate this Agreement, and all Termination Payments required to be made under Section 18, are in every case subject to the provisions of the Direct Lender Agreement.

  • The provisions of the Direct Lender Agreement will have precedence over the provisions of this Agreement.

  • With respect to each EFLLC Receivable for which the Lien Certificate has not yet been returned from the Registrar of Titles, Xxxxxx has applied for or received written evidence from the related Dealer or Direct Lender that such Lien Certificate showing Xxxxxx as first lienholder has been applied for.


More Definitions of Direct Lender

Direct Lender means an entity that originates loans directly to eligible borrowers in the state and does not include loans made for the purpose of consolidating or otherwise combining existing student loans.
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Direct Lender means any Funding Liquidity Provider, Funding Replaceable Committed Lender or Non-Consenting Lender that has an outstanding Loan or Loans that have not been repaid with the proceeds of a Loan advanced by Amsterdam pursuant to Section 2.1.
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Direct Lender means any Person or assignee who participated in the Loan Scheme by advancing funds directly to one or more of the Joint Debtors;
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Direct Lender. Xxxxxxx Sachs Bank USA.
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Related to Direct Lender

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Approved Lender is defined in Section 12.1.

  • Designating Lender has the meaning specified in Section 8.07(h).

  • Delinquent Lender has the meaning provided in SECTION 8.15.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Lead Lender means a lending insti- tution having a direct contractual rela- tionship with a borrower to advance funds, which institution sells or as- signs an interest or interests in such loan to one or more other lenders.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Non-BA Lender means any Lender which is not a BA Lender.

  • Replaced Lender shall have the meaning provided in Section 2.13.

  • Defaulted Lender means, so long as such failure shall remain in existence and uncured, any Lender which shall have failed to make any Loan or other credit accommodation, disbursement, settlement or reimbursement required pursuant to the terms of any Financing Document.

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • PPP Lender means JPMorgan Chase Bank, N.A.