Lending Company definition

Lending Company means each of the Companies that has made, or is obligated to make, in accordance with a Request for Borrowing one or more Loans hereunder.
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Lending Company means each of the Companies that has made, or is obligated to make, in accordance with a Request for Borrowing one or more Loans hereunder. "Loans" shall mean the amounts advanced by a Lending Company to a Borrowing Company under this Agreement.
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Lending Company means each Company designated as a "Lender" under Schedule B hereto acting in its capacity as a lender of Loans under Section 2 hereof.
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Examples of Lending Company in a sentence

  • Any waiver or indulgence granted by the Lending Company shall not constitute a modification of this Agreement, except to the extent expressly provided in such waiver or indulgence, or constitute a course of dealing by the Lending Company at variance with the terms of this Agreement such as to require further notice by the Lending Company of its intent to require strict adherence to the terms of this Agreement in the future.

  • No failure or delay by the Lending Company in exercising any right shall operate as a waiver of it.

  • The Lending Company expressly reserves the right to require strict compliance with the terms of this Agreement.

  • The rights and remedies of the Lending Company under this Agreement shall be cumulative and not exclusive of any rights or remedies which they would otherwise have.

  • In no event shall the amount of interest due and payable under this Agreement or any other documents executed in connection herewith exceed the maximum rate of interest allowed by applicable law and, in the event any such payment is made by the Borrowing Company or received by the Lending Company, such excess sum shall be credited as a payment of principal.

  • Any such actions shall not in any way affect the ability of the Lending Company, in their respective sole discretion, to exercise any of their respective rights under this Agreement or under any other agreement.

  • It is the express intent hereof that the Borrowing Company not pay and the Lending Company not receive, directly or indirectly in any manner, interest in excess of that which may be lawfully paid under applicable law.

  • In the event the Lending Company decides to fund a request for a Loan at a time when the Borrowing Company is not in strict compliance with the terms of this Agreement, such decision by the Lending Company shall not be deemed to constitute an undertaking by the Lending Company to fund any further requests for Loans or precluding the Lending Company from exercising any rights available to it under the Agreement or at law or equity with respect to the Borrowing Company.

  • Each such account rendered by the RTO shall be deemed final, binding and conclusive unless the RTO is notified by the Lending Company or the Borrowing Company within thirty days after the date the account is so rendered that either the Lending Company or the Borrowing Company disputes any item thereof.

  • An assignee of the Lending Company shall be required to assume and agree to perform and discharge the obligations of the Lending Company hereunder that are outstanding as of the date of such assignment and those arising after such assignment.