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

  • Verify the Contract contains a valid Dealer Agreement or Direct Lender Agreement between the Dealer and Exeter.

  • With respect to each 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 Exeter as first lienholder has been applied for.

  • Verify that the Contract was originated by a Dealer or Direct Lender and purchased by Exeter.

  • 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, 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.

  • 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.


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. Xxxxxxx Sachs Bank USA.
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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 means a bank or other financial institution that purchases a Bond to be delivered in Direct Loan Form in accordance with the provisions of Section 3.7 and, upon transfer of such Bond by the existing Direct Lender to a successor Direct Lender, as provided in Section 3.7, means the successor Direct Lender.
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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.

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

  • Affiliated Lender means a Lender that is the Sponsor or any Affiliate thereof (other than Holdings, the Borrower, any other Subsidiary of Holdings, or any Affiliated Institutional Lender).

  • Selling Lender has the meaning specified in Section 11.7 (

  • 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.

  • 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).

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

  • Holdout Lender has the meaning specified therefor in Section 12.02(b).