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 or "lender" means any financial institution which makes a
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Insured lender the owner of an insured mortgage.
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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.

  • A new lender approved by the Agency will be afforded the benefits of the Loan Note Guarantee in the sharing of any loss and eligible expenses subject to the limits that are set forth in the regulations governing the program.(b) Insured lender.

  • The first six months of 2017 alone saw the Group complete 11 legacy transactions across the US, Bermuda and UK markets.

  • A new lender approved by the Agency will be afforded the benefits of the Loan Note Guarantee in sharing of any loss and eligible expenses subject to the limits that are set forth in the regulations governing the program.(b) Insured lender.

  • Insured lender sued Insurer on one claim (borrower allegedly not in title– court found he was), but received damages another (missed prior lien).

  • Dated: BLANK TITLE INSURANCE COMPANY By: Authorized Signature 100.32-06 101-06‌ ENDORSEMENT Attached to Policy No. Issued by BLANK TITLE INSURANCE COMPANY The following is added to Item 4 of Schedule B, Part 1, of the Policy: Except to the extent that such liens arise because of work and labor performed or materials furnished and for which payment has been made with funds disbursed by the Company or by the Insured lender with the Company’s approval.

  • ALTA® Endorsement Form 32-06 Construction Loan – Loss of Priority (Adopted 2/3/11)This endorsement is applicable in situations in which the Insured Mortgage does not have legal priority over the Construction Loan Advance, - typically in situations in which the Insured lender could have but did not obtain statutory priority, so the Company is unwilling to provide coverage against mechanics’ liens other than on this narrowly focused coverage.

  • 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.

  • ISISWeb provides users with details of all NSNs, including inactive, historic NSNs, and previous SMD records.

  • 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

  • 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;

  • Impacted Lender means any Lender as to which (a) L/C Issuer 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 2.23.

  • 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.

  • 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.

  • 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.

  • 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 Credit Exposures and unused Commitments representing more than 50% of the aggregate Revolving Credit Exposures and unused Commitments at such time.

  • 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, with respect to any Letter of Credit, the Lender which agrees or is otherwise obligated to issue such Letter of Credit, determined as provided in subsection 3.1B(ii).

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

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