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.

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

• If from any circumstances whatsoever, the Funding Lender shall ever receive anything of value deemed interest, the amount of which would exceed the highest lawful rate, such amount as would be excessive interest shall be deemed to have been applied, as of the date of receipt by the Funding Lender, to the reduction of the principal remaining unpaid hereunder and not to the payment of interest, or if such excessive interest exceeds the unpaid principal balance, such excess shall be refunded to the Borrower.

• The party requesting such amendment, which may include the Funding Lender, shall notify the other parties to this Borrower Loan Agreement of the proposed amendment and send a copy of such requested amendment to Tax Counsel.

• To the best knowledge of the Borrower, the survey for the Project delivered to the Governmental Lender and the Funding Lender does not fail to reflect any material matter affecting the Project or the title thereto.

• Unless prior Written Notice is given to the Funding Lender, the Borrower does not use and will not use any trade name, and has not done and will not do business under any name other than its actual name set forth herein.

• The Borrower irrevocably authorizes and directs the Funding Lender and any other agent designated by the Governmental Lender to make payment of such amounts from funds of the Borrower, if any, held by the Funding Lender, or any agent of the Governmental Lender or the Funding Lender.

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, 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 Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the other Funding 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 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 any Person who is the holder of the Governmental Note. “Funding Lender Representative” means the Funding Lender or any Person designated bythe Funding Lender to act on behalf of the Funding Lender as provided in Section 11.05, or an assignee of such Person as provided in Section 11.05. The initial Funding Lender Representative shall be the Initial Funding Lender. The Freddie Mac Seller/Servicer shall become the Funding Lender Representative upon the occurrence of the Conversion Date, and Freddie Mac shall become the Funding Lender Representative upon the occurrence of the Freddie Mac Purchase Date.

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.