Lender Model definition

Lender Model means the Company’s financial model dated May 27, 2022.
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Lender Model means the Company’s financial model dated October 8, 2020.
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Examples of Lender Model in a sentence

  • In this regard, he placed “primary reliance” on the Lender Model because it was (i) frequently “updated” and “circulated” before the Business Combination, (ii) “vetted” by the participants of the Business Combination and their advisors and (iii) the “most conservative” of the updated projections.163Meinhart then made two adjustments to the Lender Model.

  • See also Tr. 760 (Jarrell) (acknowledging the Lender Model had “advantages” over the other2.

  • Jarrell Op. at 50; JX 302 at 11 (the February Valuation assuming 5% growth in 2018–2021).the seldom-used Bank Case (which projects only 2.2% revenue growth per year).265 SourceHOV’s compound annual revenue growth was 10.1% from 2014 until just before the Business Combination.266 Unlike Respondent’s recently minted litigation position, the Equity Case and the Lender Model were not created as convenient afterthoughts.

  • JX 192 (discussing Lender Model update on March 20, 2017); Verma Dep.

  • The Backdated Valuation applied a separate 3.4% growth model that falls in between the Bank Case and the Equity Case / Lender Model.

  • JX 158E (the Equity Case and the Bank Case are found on the “Bank” tab by toggling between Assumptions 1 and 2 on the “Case Selection” tab); JX 227 at 3 (the Lender Model).

  • Tr. at 1123 (Hallinan) (“The legality of the bank model had been tested many times, had gone as far as the Supreme Court of the United States of America, and the ability of banks to export interest rates had always been upheld.”) with Tr. at 1127 (Hallinan) (testifying that the Licensed Lender Model is “[m]uch riskier” than the Bank Model “[b]ecause you don’t have the case law.

  • The Director Defendants also contend that Plaintiffs failed to prove damages with respect to this claim.In the typical corporate opportunity case, only one entity may take advantage of the opportunity, i.e., if A buys the property or merges with C then B cannot buy the same property or merge with C.214 This case involves a different situation; there was not only one or a limited number of Licensed Lender Model opportunities.

  • Usurpation of a corporate opportunity Plaintiffs argue that the Director Defendants’ failure to move CR from the Bank Model to the Licensed Lender Model when Hallinan moved his other payday loan companies to the Licensed Lender Model constitutes usurpation of a corporate opportunity.

  • Plaintiffs further argue that the Director Defendants breached their fiduciary duties to CR by failing to move CR to the Licensed Lender Model and by diverting CR’s business to Hallinan’s other payday loan companies.

Related to Lender Model

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • 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.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Non-U.S. Lender means a Lender that is not a U.S. Person.

  • Reference Lenders means the Agent unless the Agent resigns said responsibility, at which time and thereafter such term means one or two Lenders selected by the Agent in its discretion from time to time as a reference lender for purposes of determining the Adjusted Libor Rate.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • 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.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • Revolving Facility Loans shall include the Other Revolving Loans.

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

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01.

  • Construction Lender means a person who makes a construction loan.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.