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.

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 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 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 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 Borrower must commit that it will not repay the principal balance of, or pay any interest on, any debt, unless the principal or interest payment is mandatory and due, 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 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 Upsized Tranche is repaid in full or (ii) neither the SPV nor a Governmental Assignee holds an interest in the Upsized Tranche in any capacity.

  • 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 Upsized Tranche is repaid in full or (ii) neither the SPV nor a Governmental Assignee holds an interest in the Upsized Tranche in any capacity.• Safe Harbor.

  • 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”).

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 govern- mental entity for general construction, an improvement, a service, or a public works project or for a purchase of supplies, materials, or equipment. The term includes a contract to obtain professional ser- vices subject to Government Code 2254. Gov’t Code 2252.151(3)

  • Governmental Action means any authorization, application, approval, consent, exemption, filing, license, notice, registration, permit or other requirement of, to or with 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 federal, provincial, municipal or other government or governmental agency, board, commission or authority, domestic or foreign;

  • Governmental Authority(ies) means any Federal, state, local, quasi-governmental instrumentality or foreign court, or governmental agency, authority, instrumentality, agency, bureau, commission, department or regulatory body.

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

  • Required Governmental Approvals has the meaning set forth in Section 3.03.

  • 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 national, state or local government (whether domestic or foreign), any political subdivision thereof or any other governmental, quasi-governmental, judicial, public or statutory instrumentality, authority, body, agency, bureau or entity, (including the Nevada Gaming Authorities, any zoning authority, the FDIC, the Comptroller of the Currency or the Federal Reserve Board, any central bank or any comparable authority) or any arbitrator with authority to bind a party at law.

  • 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.

  • Rental Assistance or “Subsidy” means Gross Rent minus the sum of the utility allowance and the Eligible Household’s payment of 30% of their monthly net income.

  • 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.