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 ▇▇▇▇▇ 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.

  • 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.

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

  • 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.

  • We will not lend you any funds unless and until sufficient commitments are received from Lender Members and/or LendingClub.

  • 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.

  • Bank acknowledges that Borrower will issue Borrower Securities to Lender Members.

  • 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, Borrower Securities (as defined herein).

  • 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.

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).