Lead Lender definition

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.
Lead Lender shall have the meaning set forth in Section 13.1(d) hereof.

Examples of Lead Lender in a sentence

  • Each Co-Lender hereby appoints Lead Lender to serve as non-fiduciary administrative agent and collateral agent for all Lenders.

  • Lead Lender shall remit each such notice, request or other communication to each other Lender within one Business Day of receipt thereof.

  • Notwithstanding the foregoing, with respect to disbursement of any Reserve Funds, Borrower shall only be required to provide any conditions precedent to disbursement to Lead Lender and, solely to the extent disbursement of such Reserve Funds is being done in accordance with the Loan Agreement, only approval of Lead Lender shall be required for disbursement of such Reserve Funds.


More Definitions of Lead Lender

Lead Lender means a lending institution having a direct contractual relationship with a borrower to advance funds, which institution sells or assigns an interest or interests in such loan to one or more other lenders.
Lead Lender means the Other Lender which submitted the Application in respect of the Future Fund Scheme;
Lead Lender means Vestin Mortgage or any successor lead lender.
Lead Lender means Vestin Fund I, LLC, Vestin Fund II, LLC and Vestin Fund, III, LLC collectively.
Lead Lender means GS or, from time to time, a single Lender that is either then the sole Lender or has otherwise been designated as the replacement Lead Lender by the then current Lead Lender.
Lead Lender. With respect to each Split Loan, the holder of the note which by the terms of the related Co-Lender Agreement is entitled to direct the administration of the Split Loan and has the sole authority to exercise and enforce the lender's rights under the Loan Documents relating to such Split Loan.
Lead Lender has the meaning set forth in Section 10.31(d) hereof.