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Lender Members definition

Lender Members means the persons from time to time who have applied to lend money through, and have subsequently been accepted by, FundingKnight.
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Lender Members means each Term Lender admitted to the Company as a Common Member with respect to the Common Units held by such Term Lender, and any transferee of any of their Common Units in a Transfer permitted hereunder.
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Lender Members who meet the criterion set out in clause 9.7 below will be invited to join our “Bidding Bonus Programme” subject to the terms set out in these clauses 9.6 to 9.9.
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Examples of Lender Members in a sentence

  • Notwithstanding the foregoing, Borrower may in the ordinary course of business maintain at Xxxxx Fargo Bank, N.A. (i) the Trust Account in trust for Lender Members; (ii) the Borrower Account solely to process incidental amounts for Borrower Members, provided that the balance of the Borrower Account shall not at any time exceed $5,000; and (iii) the Investor Account solely to process amounts collected on Borrower Member Loans financed by any Investor Credit Facility.

  • You agree to compensate us, our officers, agents, employees and sub-contractors, any of our Lender Members or Borrowers and our Service Providers against all costs, losses or expenses we or they may incur resulting from any fraud or illegal activity that you conduct using our Platform, Services or Website.

  • In the event there are two or more Lender Members with respect to any Debtor Member, distributions under this Section 7.4 shall be made pro rata to each Lender Member in proportion to the relative principal amount of Member Loans (including accrued and unpaid interest) that such Lender Member has outstanding as a percentage of total outstanding Member Loans made to such Debtor Member by all Lender Members.

  • Likewise, the other members testified that they cannot repay the debt.

  • In order to fund the making and purchase of each Borrower Member Loan, Borrower issues and sells to Lender Members, and such Lender Members purchase from Borrower, debt securities issued pursuant to an indenture, each series of which corresponds to a specific Borrower Member Loan (“Borrower Securities”).

  • Administrative Agent acknowledges that Borrower will issue Borrower Securities to Lender Members.

  • Platform: the internet marketplace operated by us at www.moneything.com for the purpose of matching Borrowers with Lender Members.

  • You understand that individual Lender Members make their own decisions whether to commit funds for your loan.

  • You agree not to communicate with the Lender Members who purchase Member Payment Dependent Notes (“MPDNs”) corresponding to your loans except anonymously and publicly through posting on the Site.

  • Lender Members may commit funds to purchase, in various amounts, Member Payment Dependent Notes (“MPDNs”) that LendingClub may issue to Lender Members who commit funds for your loan request.

Related to Lender Members

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Existing Lenders means the lenders party to the Existing Credit Agreement.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Extending Lenders has the meaning specified in Section 2.08.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

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

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

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Continuing Lenders as defined in the recitals hereto.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

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

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Lender Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

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

  • Prepetition Lenders means the lenders from time to time party to the Prepetition Credit Agreements.

  • DIP Lender means a lender under the DIP Facility.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • U.S. Lenders means the Lenders having U.S. Commitments or outstanding U.S. Loans.

Most Referenced Clauses

Most Referenced Definitions