Eligible AR Lender definition

Eligible AR Lender means a bank, financial institution or other institutional lender which is in the business of making loans to provide working capital to businesses and which is satisfactory to the Secured Party and approved by HUD.
Eligible AR Lender means a bank, financial institution or other institutional lender which is in the business of making loans to provide working capital to businesses and which is not affiliated with the Operator.

Examples of Eligible AR Lender in a sentence

  • So long as the AR Loan is outstanding, or is replaced with one or more loans from another Eligible AR Lender, whether before, concurrent with or at any time after the Eligible AR Loan is indefeasibly satisfied in full, the relative priorities of Lender and the Eligible AR Lender in and to the Accounts and certain other assets of Operator shall be established and governed by the terms of the Required Intercreditor Agreement.

  • Any provisions of this Agreement shall be: (i) subject to the rights of any Eligible AR Lender as set forth in a Required Intercreditor Agreement, and (ii) granted to the fullest extent permitted by and not in violation of any applicable law (now enacted and/or hereafter amended) and any Provider Agreements.

  • Any provisions of this Agreement shall be: (i) subject to the rights of any Eligible AR Lender as set forth in a Required Intercreditor Agreement and subject to the rights of First Lender under the First Mortgage Documents, and (ii) granted to the fullest extent permitted by and not in violation of any applicable law (now enacted and/or hereafter amended) and any Provider Agreements.

  • Any provisions of this Section 20 shall be: (i) subject to the rights of any Eligible AR Lender, and (ii) granted to the fullest extent permitted by applicable law with respect to any Healthcare Assets.

  • Prior to establishing any of the Government Receivables Accounts, 293 Operator shall cause a DAISA in form and substance acceptable to Lender to be entered into 294 with respect to each of the Government Receivables Accounts by and among Operator, First 295 Lender, Lender or Eligible AR Lender, and the depository banks that maintain the Government 296 Receivables Accounts.

Related to Eligible AR Lender

  • Dollar Lender means the Persons listed on Schedule 1.01(b) as having Dollar Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Dollar Commitment or to acquire Revolving Dollar Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

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

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

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

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • L/C Lender a Lender with an L/C Commitment.

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

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

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

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Eligible advance means an advance made before August 19, 1993.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Eligible applicant means a school district, joint

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • New Revolving Lender as defined in Section 2.24.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;