Governmental Assignee definition

Governmental Assignee means any Federal Reserve Bank, any vehicle authorized to be established by the Board of Governors of the Federal Reserve System or any Federal Reserve Bank, any entity created by an act of the United States Congress or any a vehicle established or acquired by the United States Department of the Treasury or any other department or agency of the federal government of the United States.
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Examples of Governmental Assignee in a sentence

  • The Eligible Lender must retain 5% of the MSNLF Loan until (i) it matures or (ii) neither the Main Street SPV nor a Governmental Assignee holds an interest in MSNLF Loan in any capacity, whichever comes first.

  • The Eligible Lender must retain 5% of the MSPLF Loan until (i) it matures or(ii) neither the Main Street SPV nor a Governmental Assignee holds an interest in the MSPLF Loan in any capacity, whichever comes first.

  • The Lender must commit that the Lender will not cancel or reduce any existing committed lines of credit to the Borrower, except in an event of default, until (i) the Eligible Loan is repaid in full or (ii) neither the SPV nor a Governmental Assignee holds an interest in the Eligible Loan in any capacity.• Safe Harbor.

  • The Eligible Lender must retain 5% of the NONLF Loan until (i) it matures or(ii) neither the Main Street SPV nor a Governmental Assignee holds an interest in NONLF Loan in any capacity, whichever comes first.

  • The Eligible Lender must retain 5% of the MSNLF Loan until (i) it matures or(ii) neither the Main Street SPV nor a Governmental Assignee holds an interest in MSNLF Loan in any capacity, whichever comes first.

  • The Lender must commit that it will not request that the Borrower repay any principal amount of debt extended by the Lender to the Borrower, or pay interest on such outstanding debt, unless the principal or interest payment is mandatory and due or in the case of default and acceleration, until (i) the Eligible Loan is repaid in full or (ii) neither the SPV nor a Governmental Assignee holds an interest in the Eligible Loan in any capacity.

  • The Servicer shall provide the SPV or, as applicable, any Governmental Assignee, with the reporting services specified on Schedule 1 hereto (the “Enhanced Reporting Services”).

  • The Servicer shall not be liable to the SPV or, as applicable, any Governmental Assignee, for any action taken or not taken by the Servicer in providing the Enhanced Reporting Services other than as a result of the Servicer’s gross negligence, fraud, willful misconduct or material breach of any duty or obligation under this Agreement, in each case, as determined by a court of competent jurisdiction by final and nonappealable judgment.

  • The Borrower must commit that it will not seek to cancel or reduce any of its committed lines of credit with the Eligible Lender or any other lender until (i) the Eligible Loan is repaid in full or (ii) neither the SPV nor a Governmental Assignee holds an interest in the Eligible Loan in any capacity.• Safe Harbor.

  • As compensation for the Services provided by the Servicer to the SPV or, as applicable, a Governmental Assignee, the SPV agrees to pay to the Servicer, for its own account, an annual servicing fee for the period from the Agreement Date until the Termination Date in an amount per annum equal to the Servicing Fee Rate of the Purchase Amount (the “Servicing Fee”).

Related to Governmental Assignee

  • Governmental Agency(ies) means, individually or collectively, any federal, state, county or local governmental department, commission, board, regulatory authority or agency (including, without limitation, each applicable Regulatory Agency) with jurisdiction over the Company or a Subsidiary.

  • Governmental Lender means the City of Los Angeles, a municipal corporation and charter city of the State of California and any successor under this Funding Loan Agreement and the Funding Loan Documents.

  • Governmental Person means, whether domestic or foreign, any national, federal, state or local government, any political subdivision thereof, or any governmental, quasi-governmental, judicial, public or statutory instrumentality, authority, body or entity, including any central bank and any comparable authority.

  • Governmental Agency means an executive, legislative, or judicial agency, department, board, commission, authority, institution, or instrumentality of the federal government or of a state or of a county, municipality, or other political subdivision of a state.

  • Governmental contract means a contract awarded by a governmental entity for general construction, an improvement, a service, or a public works project for a purchase of supplies, materials, or equipment. The term includes a contract to obtain a professional or consulting service subject to Government Code, Chapter 2254.

  • Governmental Action means all authorizations, consents, approvals, waivers, exceptions, variances, orders, licenses, exemptions, publications, filings, notices to and declarations of or with any Governmental Authority (other than requirements the failure to comply with which will not affect the validity or enforceability of any Loan Document or have a material adverse effect on the transactions contemplated by any Loan Document or any material rights, power or remedy of any Person thereunder or any other action in respect of any Governmental Authority).

  • Governmental Acts means any act or omission, whether rightful or wrongful, of any present or future de jure or de facto government or Governmental Authority.

  • Governmental Approval is any consent, authorization, approval, order, license, franchise, permit, certificate, accreditation, registration, filing or notice, of, issued by, from or to, or other act by or in respect of, any Governmental Authority.

  • Governmental Antitrust Authority has the meaning set forth in Section 5.11(b).

  • Governmental Agencies means any national, provincial or local court, governmental agency or body, stock exchange authorities or any other regulator in the PRC;

  • Governmental Authority(ies) means any federal, state or local government, and political subdivision(s) thereof, and any entity(ies) exercising executive, legislative, judicial, regulatory or administrative functions having or pertaining to government.

  • Governmental Authorization means any permit, license, authorization, plan, directive, consent order or consent decree of or from any Governmental Authority.

  • Required Governmental Approvals means the Company Required Governmental Approvals and the Parent Required Governmental Approvals.

  • Intra-governmental gift means any gift given to a Board member or employee from another Board member or employee, and "inter- governmental gift" means any gift given to a Board member or employee from an officer or employee of another governmental entity.

  • Governmental aggregator means one or more units of local

  • Governmental Consent means any notice to, registration, declaration or filing with, exemption or review by, or authorization, order, consent or approval of, any Governmental Entity, or the expiration or termination of any statutory waiting periods;

  • Governmental Instrumentality means any federal, state or local department, office, instrumentality, agency, board or commission having jurisdiction over a Party or any portion of the Work, the Project or the Site.

  • Governmental function means an activity that is expressly or impliedly mandated or authorized by constitution, statute, local charter or ordinance, or other law. Governmental function includes an activity performed on public or private property by a sworn law enforcement officer within the scope of the law enforcement officer's authority, as directed or assigned by his or her public employer for the purpose of public safety.

  • Governmental Approvals means all authorizations, consents, approvals, licenses and exemptions of, registrations and filings with, and reports to, all Governmental Authorities.

  • Governmental Actions means any and all consents, approvals, permits, orders, authorizations, waivers, exceptions, variances, exemptions or licenses of, or registrations, declarations or filings with, any Governmental Authority required under any Governmental Rules.

  • Governmental Permit means any license, franchise, permit or other authorization of any Governmental Authority.

  • Governmental Permits has the meaning specified in Section 5.8.

  • Governmental Consents has the meaning set forth in Section 3.5.

  • Applicable Governmental Authority means the FERC within the United States and the appropriate governmental authority with subject matter jurisdiction over reliability in Canada and Mexico.

  • Governmental Requirement means any law, statute, code, ordinance, order, determination, rule, regulation, judgment, decree, injunction, franchise, permit, certificate, license, rules of common law, authorization or other directive or requirement, whether now or hereinafter in effect, of any Governmental Authority.

  • Governmental Body means any government or governmental or regulatory body thereof, or political subdivision thereof, whether federal, state, local or foreign, or any agency, instrumentality or authority thereof, or any court or arbitrator (public or private).