Funding Lender definition

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

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Funding Lender means the holder of this Note, and (ii) the term “Indebtedness” means the principal of, premium, if any, and interest on or any other amounts due at any time under this Note or the Funding Loan Agreement. “Event of Default” and other capitalized terms used but not defined in this Note shall have the meanings given to such term in the Funding Loan Agreement.

Funding Lender means any Person who is the holder of the Governmental Note.

Examples of Funding Lender in a sentence

• Borrower will notify Funding Lender within 5 Business Days of the earliest of: (i) receipt of notice that the Contract Administrator and/or the Rental Assistance Provider will exercise any rights or remedies under the Rental Assistance Contract or (ii) the exercise by Contract Administrator and/or the Rental Assistance Provider of any rights or remedies under the Rental Assistance Contract.

• CDLAC shall have the right (but not the obligation) to enforce the CDLAC Conditions and to pursue an action for specific performance or other available remedy at law or in equity in accordance with Section 17 hereof; provided that any such action or remedy undertaken by CDLAC shall not materially adversely affect the interests and rights of the Governmental Lender or the Funding Lender.

• Funding Lender will apply to the Indebtedness any Rental Assistance Payments that it receives.

• Any consent by Funding Lender to a Transfer under Article VII will be in addition to, and not in lieu of, any consent by the Contract Administrator and, if applicable, the Rental Assistance Provider that is required by the Rental Assistance Contract.

• CDLAC and the Funding Lender are each intended to be and shall be a third-party beneficiary of this Regulatory Agreement.

More Definitions of Funding Lender

Funding Lender means initially Bank of America N.A., a national banking association; provided, however, that upon CCRC’s purchase of the Funding Loan on the Conversion Date pursuant to the terms and conditions of the Loan Purchase Agreement, CCRC shall be the Funding Lender for all purposes under the Funding Loan Documents and each of their respective successors and assigns as holder of the Governmental Lender Note.

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

Funding Lender means Citibank, N.A., a national banking association, in its capacity as lender under the Funding Loan and any successor under the Funding Loan Agreement and the Borrower Loan Documents.

Funding Lender means initially Bank of America N.A., a national banking association, and any successor under this Funding Loan Agreement and the other Borrower Loan Documents.

Funding Lender means any Person who is the holder of the Governmental Note. “Funding Lender Representative” means the Funding Lender or any Person designated by

Funding Lender means Initial Funding Lender prior to Conversion and Permanent Funding Lender from and after Conversion, and any successor holder of the Governmental Note.

Funding Lender means MUFG Union Bank, N.A., a national banking association, and any successor Funding Lender under this Funding Loan Agreement and the Funding Loan Documents.