Funding Lender Representative definition

Funding Lender Representative means the Funding Lender or any Person designated by the 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, and Xxxxxxx Mac shall become the Funding Lender Representative upon the occurrence of the Xxxxxxx Mac Purchase Date.
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Funding Lender Representative means the Funding Lender or any Person designated by the 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 Funding Lender Representative shall be the Funding Lender.
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Funding Lender Representative means the Funding Lender or any Person designated by the Funding Lender to act on behalf of the Funding Lender as provided in Section 11.05 hereof, or an assignee of such Person as provided in Section 11.05 hereof. The initial Funding Lender Representative shall be the Administrative Agent, acting on behalf of the Initial Funding Lender. The Xxxxxxx Xxx Xxxxxx/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.
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Examples of Funding Lender Representative in a sentence

  • Any of the terms of this Funding Loan Agreement and the Governmental Note may be amended or waived only by an instrument signed by the Fiscal Agent and the Governmental Lender, and in each case only with the prior written consent of the Funding Lender Representative.

  • The Servicer shall promptly notify the Fiscal Agent, the Funding Lender Representative and the Governmental Lender in writing of any failure of the Borrower to make any payment of principal of, Prepayment Premium, if any, and interest on the Funding Loan when due or to pay any fees due hereunder or under the Project Loan Agreement, and the Fiscal Agent and the Governmental Lender shall not be deemed to have any notice of such failure unless it has received such notice in writing.

  • The Governmental Lender, the Fiscal Agent, the Funding Lender, the Funding Lender Representative, the Borrower or the Servicer may, by notice given as provided in this paragraph, designate any further or different address to which subsequent notices or other communication shall be sent.

  • Unless the Fiscal Agent is instructed otherwise by the Funding Lender Representative, the Fiscal Agent shall automatically transfer amounts from the Borrower Equity Account of the Project Loan Fund to the Administration Fund to pay to the appropriate party its accrued fees that are included in the Fee Component that are due and payable as set forth herein or upon receipt of an invoice, without any need for a Requisition or other written direction.

  • The Fiscal Agent shall remit to the Funding Lender Representative payments of principal of, Prepayment Premium, if any, and interest on the Governmental Note and all fees due under this Funding Loan Agreement, using funds collected from the Borrower by the Servicer and remitted to the Fiscal Agent.

  • The Funding Lender Representative shall be entitled to all the rights and privileges of the Funding Lender hereunder and under the other Financing Documents.

  • The Fiscal Agent shall waive any Event of Default hereunder and its consequences (except with respect to Unassigned Rights) and rescind any declaration of maturity of principal of and interest on the Funding Loan upon the written direction of the Funding Lender Representative.

  • The Governmental Lender covenants and agrees that all books and documents in its possession relating to the Project shall, upon reasonable prior notice, during normal business hours, be open to inspection and copying by such accountants or other agents as the Servicer, Fiscal Agent or the Funding Lender Representative may from time to time reasonably designate.

  • The Fiscal Agent shall be entitled to Extraordinary Fiscal Agent’s Fees and Expenses in connection with any Extraordinary Services performed consistent with the duties hereunder or under any of the Financing Documents; provided the Fiscal Agent shall not incur any Extraordinary Fiscal Agent’s Fees and Expenses without the consent of the Funding Lender Representative [which shall not be unreasonably withheld, conditioned or delayed].

  • Xxxxxx The Funding Lender, the Servicer and the Funding Lender Representative: Xxxxx Fargo Bank, National Association Community Lending and Investment MAC# X0000-000 000 Xxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxxxxxxx, Xxxxxxxxxx 00000 Attn: Loan Administration Officer Loan No.: A duplicate copy of each notice or other communication given hereunder by any party to the Servicer shall also be given to the Funding Lender Representative and by any party to the Funding Lender Representative to the Servicer.


More Definitions of Funding Lender Representative

Funding Lender Representative means Funding Lender or any Person designated by Funding Lender to act on behalf of Funding Lender as provided in the Funding Loan Agreement, or an assignee of such Person as provided in the Funding Loan Agreement. The initial Funding Lender Representative shall be the Funding Lender, and Freddie Mac shall become Funding Lender Representative upon the occurrence of the Freddie Mac Purchase Date.
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Funding Lender Representative means the Funding Lender or any Person designated by the 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 Permanent Funding Lender shall become the Funding Lender Representative upon the occurrence of the Conversion Date.
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Funding Lender Representative means Funding Lender or any Person designated by Funding Lender to act on behalf of Funding Lender as provided in the Funding Loan Agreement, or an assignee of such Person as provided in the Funding Loan Agreement. The initial Funding Lender Representative will be Funding Lender, and Freddie Mac will become Funding Lender Representative on the date Freddie Mac purchases the Funding Loan from Funding Lender.
Sample 1
Funding Lender Representative means the Funding Lender or any Person designated by the 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 Administrative Agent, acting on behalf of 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.
Sample 1
Funding Lender Representative means the Funding Lender or any Person designated by the 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. CCRC shall become the Funding Lender Representative upon the occurrence of the Conversion Date.
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Related to Funding Lender Representative

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

  • Administrative Agent as defined in the preamble hereto.

  • Lenders shall include each Agent in its individual capacity.

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;