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.

Lead Lender means each of Bank of America, JPMorgan Chase Bank, N.A., Xxxxx Fargo Bank, National Association and SunTrust Bank.

Examples of Lead Lender in a sentence

• Vestin Mortgage, in its capacity as Lead Lender, shall not be deemed to be a trustee for the Lenders in connection with the Loans or their interests therein.

• All payments on the Subordinated Secured Promissory Note shall be made via automated clearing house transfers of immediately available funds to be initiated by Lender in accordance with the authorization and direction of Borrower to Lead Lender provided in Exhibit B-6 of this Agreement.

• The Hon’ble Supreme Court of India directed NHAI to pay` 348.60 crore in the Escrow Account with the Lead Lender, Punjab National Bank (PNB) within 6 (six) weeks from January 05, 2018.

• Vestin Mortgage, in its capacity as Lead Lender, shall owe to the Lenders no duty except as specifically set forth in this Agreement, and no lender shall be liable to any other person for the liability of any other lender arising in connection with the Loans or any transaction related to the Loans, except as may be expressly set forth in this Agreement.

• Lead Lender shall deliver to the Lender, promptly upon receipt thereof, duplicates or copies of all notices, requests and other instruments received by it from any other party under or pursuant to any of the Loan Documents, if not previously furnished to the Lender.

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 has the meaning set forth in Section 10.31(d) hereof.

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.