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.
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.

Examples of Direct Lender in a sentence

  • 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.

  • The provisions of the Direct Lender Agreement will have precedence over the provisions of this 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 Contractor may not, without the prior consent of the Province, which consent shall not be unreasonably withheld, assign this Agreement or any right or benefit under this Agreement, except that the Contractor may assign to a party to the Direct Lender Agreement the right to receive the Payment, in which case the Province will consent to the assignment as required by section 94 of the Financial Administration Act (Alberta).

  • The prescribed form of the Direct Lender Agreement contemplated by section 3.2 of the DBFO Agreement is the document commencing on the next page.

  • The prescribed form of the Direct Lender Agreement contemplated by section 3.2 of the DBFM Agreement is the document commencing on the next page.

  • All rights to terminate this Agreement, and all Termination Payments required to be made under Section 16 [Termination Payments], are in every case subject to the provisions of the Direct Lender Agreement.

  • The Direct Lender Agreement that is the subject of this Schedule is referenced in sections 1.4, 3.2, 10.4, 17.1, 17.2(a), 17.5(b) and (c), and 22.1 of the DBFO Agreement.

  • Project Co’s interest in this Agreement may be assigned, novated or otherwise transferred to the Lenders’ Agent, the City or any replacement concessionaire approved by the City under the Project Agreement or permitted under the applicable Direct Lender Agreement, provided that there will be a concurrent assignment, novation or other transfer of the Project Agreement to the same person.

  • Governmental Activities, Continued 2012 Direct Lender Tax Exempt Lease – Original Issue $2,555,000 On August 25, 2011, the City entered into a lease agreement with Municipal Finance Corporation in the amount of $2,555,000 to provide funds for the refunding on a current basis of the outstanding debt the City issued with its 1999 Certificates of Participation (COPs).


More Definitions of Direct Lender

Direct Lender means an entity that originates loans directly to eligible borrowers in the state and does
Direct Lender. Xxxxxxx Sachs Bank USA.
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.
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;

Related to Direct Lender

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

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

  • 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.