Insured lender definition

Insured lender or "lender" means any financial institution which makes a loan which is insured under this article.
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Insured lender the owner of an insured mortgage.
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Insured lender or "lender" means any financial institution which makes a
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Examples of Insured lender in a sentence

  • Additional Insured interests will also be included in loss payment as their interests may appear when named as additional named Insured, lender, mortgagee and/or loss payee in the Certificates of Insurance on file with the Company or named below.

  • ADDITIONAL INSURABLE INTERESTS/CERTIFICATES OF INSURANCE Additional insured interests are automatically added to this Policy as their interest may appear when named as additional Named Insured, lender, mortgagee and/or loss payee in the Certificates of Insurance on a schedule on file with the Company.

  • Lender issues at Foreclosure – An Insured lender receives certain continuation of insurance coverages under Condition 2 of the 2006 Loan Policy and Condition and Stipulation 2 of the 1992 Loan Policy.

Related to Insured lender

  • Secured Lender means an individual or organization originating a loan in a real estate or business opportunity transac- tion secured by real estate or by the assets of a business or a busi- ness opportunity.

  • Approved Lender is defined in Section 12.1.

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

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Lead Lender means a lending insti- tution having a direct contractual rela- tionship with a borrower to advance funds, which institution sells or as- signs an interest or interests in such loan to one or more other lenders.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.

  • Terminated Lender as defined in Section 2.19.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • 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.

  • LC Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • Prior Lender means a syndicate of lenders with a U.S. bank as a lender and as administrative agent for all of the lenders.

  • LC Issuing Bank means each Lender identified as an “LC Issuing Bank” on Schedule II and any other Lender or Affiliate of a Lender that shall agree to issue a Letter of Credit pursuant to Section 2.04.

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Required Lenders means, at any time, Lenders having Revolving Exposures, Term Loans and unused Commitments representing more than 50% of the sum of the total Revolving Exposures, outstanding Term Loans and unused Commitments at such time.

  • DIP Lender means a lender under the DIP Facility.

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

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

  • Issuing Lender means WFCF or any other Lender that, at the request of Borrower and with the consent of Agent, agrees, in such Lender’s sole discretion, to become an Issuing Lender for the purpose of issuing Letters of Credit or Reimbursement Undertakings pursuant to Section 2.11 of the Agreement and the Issuing Lender shall be a Lender.

  • Revolving Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.