Indirect Lender definition

Indirect Lender means any Person that is not a U.S. Person and either (a) directly holds equity interests in a Lender that is treated as a partnership or disregarded entity for United States federal income tax purposes or (b) directly holds equity interests in a U.S. Person that is treated as a partnership or disregarded entity for U.S. federal income tax purposes that, directly, or indirectly through entities each of which is treated as a partnership or disregarded entity for U.S. federal income tax purposes, holds equity interests in a Lender.
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Examples of Indirect Lender in a sentence

  • Account Categories for Fleet Customer Enrollment CATEGORY CODE DESCRIPTION CATEGORY CODE DESCRIPTION C COMMERCIAL COMPANY R DAILY RENTAL COMPANY L LEASING COMPANY U PUBLIC UTILITY COMPANY B BANK/FINANCIAL INSTITUTION G LOCAL/STATE GOVERNMENT (Indirect Lender) AGENCY Index of NAICS CODES Use this guide to determine your major group.

  • To, in no way, misrepresent or falsify information on credit application or any other instrument used to secure financing through and Indirect Lender.

Related to Indirect Lender

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Other Lender has the meaning ascribed to it in Section 8.5(d).

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Defaulted Lender means, so long as such failure shall remain in existence and uncured, any Lender which shall have failed to make any Loan or other credit accommodation, disbursement, settlement or reimbursement required pursuant to the terms of any Financing Document.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • Selling Lender has the meaning specified in Section 11.7 (

  • Delinquent Lender has the meaning provided in SECTION 8.15.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Increased Cost Lender as defined in Section 2.23.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Substitute Lender has the meaning specified in Section 2.18(a).