Granting Lender definition
Examples of Granting Lender in a sentence
No additional Note shall be required to evidence the Lender Funding Obligations or portion thereof made by an SPV; and the related Granting Lender shall be deemed to hold its Note as agent for such SPV to the extent of the Lender Funding Obligations or portion thereof funded by such SPV.
In addition, any payments for the account of any SPV shall be paid to its Granting Lender as agent for such SPV.
This Section 12.6 may not be amended without the written consent of any Granting Lender affected thereby.
This Section 12.6 may not be amended without the written consent of any Granting Lender affected thereby.
The funding of any Lender Funding Obligation by an SPV hereunder shall utilize the Commitment of the Granting Lender to the same extent that, and as if, such Lender Funding Obligation were funded by such Granting Lender.