Lending Client definition

Lending Client shall have the meaning set forth in Section 1.
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Examples of Lending Client in a sentence

  • If a Similar Lending Client is given a more favorable indemnity when such indemnity is viewed in its entirety, then Lender shall be given the benefit of such indemnity in its entirety.

  • With respect to the indemnity in favor of Lender contained in ss.7(c) hereof, please be advised that no other "Similar Lending Client" (as hereinafter defined) of Chase has been given a more favorable indemnity when such indemnity is viewed in its entirety.

  • A "Similar Lending Client" shall mean a similar client, giving due consideration to client type (i.e. a registered investment company), Securities available for Loan and anticipated revenue to Chase.

  • All investments of cash Collateral shall be for the account of the Lending Client and shall be solely at the Lending Client's risk.

  • The Guarantees outstanding as of the Closing will generally continue to provide, among other things, that they are terminable by Seller upon 30 business days’ notice to the Securities Lending Client, and Guarantees issued after the Closing Date will provide that they will be terminable by Seller upon 45 days’ notice to the Securities Lending Client.

  • During the term of this Agreement, UBS may from time to time, in its sole discretion, contact Eligible Borrowers on behalf of any Client and lend Available Securities belonging to that Client ("Lending Client") to those Eligible Borrowers.

  • UBS will notify the Borrower of the termination of any Loan on the same day that it is directed to terminate the Loan by Lending Client if UBS receives such direction by the Termination Notice Time on a Business Day; if the direction to terminate is received by UBS after the Termination Notice Time, UBS will notify the Borrower of the termination of the Loan on the next Business Day.

  • A private mortgage insurer, which is acceptable under Buyer’s Correspondent Lending Client Guide.

  • Non-cash distributions on Loaned Securities in the nature of stock splits or stock dividends shall be added to the Loan and become Loaned Securities; PROVIDED that a Lending Client may, by giving PWI ten (10) Business Days' notice prior to the date of such non-cash distribution, direct PWI to request that the Borrower deliver such non-cash distributions to its Client Account, in which case PWI shall arrange for such non-cash distribution to be credited to that Client Account as soon as practicable.

  • In the event of any default by any Borrower in respect of any Loan, PWI shall be responsible for notifying the Lending Client, and PWI shall take any and all actions in accordance with the Borrowing Agreement necessary or appropriate to protect the interest of the Lending Client in respect of the Loan, including without limitation, liquidating or, if the Collateral is maintained in the Client Account, directing Lending Client or its Custodian to liquidate, the Collateral.

Related to Lending Client

  • Lending Party shall have the meaning assigned to such term in Section 11.14.

  • Lending institution Any insurance company, federally insured commercial or savings bank, national banking association, savings and loan association, credit union, employees’ welfare, pension or retirement fund or system, corporate profit sharing or pension trust, college or university, endowment fund, real estate investment trust, or other institutional lender or financial enterprise, including, without limitation, any corporation qualified to be treated for federal tax purposes as a real estate investment trust, having a net worth of at least $50,000,000 acting on its own behalf or as agent on behalf of other Lending Institutions.

  • Advisory Client means any client (including both investment companies and managed accounts) for which Invesco serves as an investment adviser, renders investment advice, or makes investment decisions.

  • Eligible lending institution means a financial

  • Margin Loan Provider means the Initial Margin Loan Provider, subject to replacement by a replacement Margin Loan Provider, and any of their respective successors.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Banking Services Provider means any Lender (other than a Defaulting Lender) or Affiliate of a Lender (other than a Defaulting Lender) that provides Banking Services to any Credit Party.

  • Sending institution means the institution of higher education of most recent previous enrollment by a transfer student at which transferable academic credit was earned.

  • Selling Institution The entity obligated to make payments to the Issuer under the terms of a Participation Interest.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Investment Client means (i) any investment company registered as such under the Investment Company Act, any series thereof, or any component of such series for which the Adviser acts as investment adviser; or (ii) any private account for which the Adviser acts as investment adviser.

  • Institutional Client means a major commercial bank, corporation, insurance company, or substantially similar institution, which, as a substantial part of its business operations, purchases or sells securities and makes use of custodial services.

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Institutional Clients means U.S. registered investment companies, or major, U.S.-based commercial banks, insurance companies, pension funds or substantially similar financial institutions which, as a substantial part of their business operations, purchase or sell securities and make use of custodial services.

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • Local education provider means a school district

  • Noncustodial parent means a person who, at the time of the commencement of court proceedings in the sending state, does not have sole legal custody of the child or has joint legal custody of a child, and who is not the subject of allegations or findings of child abuse or neglect.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.

  • Telephone Banking Service or “TBS” means any banking service operated over the telephone (by whatever name it may be known as) offered by the Bank, in connection with the Service Instructions and includes but is not limited to such services respectively known as Self Service Phone Banking and CitiPhone Banking; and

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • Continuing education provider or “CE provider” means an individual or entity that is approved to offer continuing education courses pursuant to [insert reference in State law or regulations governing producer continuing education course approval].

  • Servicer Affiliate A Person (i) controlling, controlled by or under common control with the Servicer or which is 50% or more owned by the Servicer and (ii) which is qualified to service residential mortgage loans.

  • Information Provider means the person or organisation providing the Information under this licence.