First Lender definition

First Lender has the meaning set forth in the Borrower Security Instrument.
First Lender or "Senior Lien Holder" means the private lender providing a first mortgage to a Qualified Homebuyer who has purchased or is purchasing the Assisted Unit.
First Lender has the meaning set forth in Section 12.18(b).

Examples of First Lender in a sentence

  • Such remedies under the First Lender Deed of Trust include the right of foreclosure or acceptance of a deed or assignment in lieu of foreclosure.

  • The rights and remedies of Lender under this Section 15 are subject to the rights and remedies of First Lender under the First Mortgage Documents.

  • Master Tenant shall ensure that each Operator agrees to furnish HUD, First Lender and Lender with copies of all such provider agreements and any and all amendments promptly after execution, and additionally, promptly upon request.

  • Master Tenant agrees to cooperate with Landlords in providing, and upon request by Landlords, First Lender, Lender, or HUD, Master Tenant shall provide or cause its Operators to provide, such documents, information, financial reports, and other items as may be required by First Lender, Lender or HUD.

  • For the purpose of effecting such cure, Master Tenant grants the First Lender and Lender such period of time as may be reasonable to enable First Lender and Lender to cure (or cause to be cured) any default, in addition to the time given to Landlords to cure the default.


More Definitions of First Lender

First Lender as defined in subsection 9.8(b).
First Lender as defined in subsection 17.8(c).
First Lender means any person, entity, bank, savings and loan association, insurance company, or financial institution holding a recorded first mortgage on any condominium unit.
First Lender as defined in subsection 13.8(c).
First Lender means any bank, savings and loan association, insurance company, or other financial institution holding a recorded First Mortgage on any Condominium.
First Lender means the Institutional Lender that makes the First
First Lender means .