Examples of Loan Transferee in a sentence
Any Loan Transferee shall be permitted to rely on such certificate.
Without limiting the generality of the foregoing, the Borrower authorizes Lender to disclose to any actual or prospective Loan Transferee or Loan Participant any and all financial information in Lender's possession concerning the Borrower, which has been delivered to Lender pursuant to the Borrower Loan Documents or in connection with Lender's credit evaluation of the Borrower prior to entering into the Borrower Loan Documents.
Without limitation, Borrower shall within ten days after request from Lender, deliver to any Loan Transferee an estoppel certificate in form reasonably requested by Lender, and current or updated Financial Information and information concerning the Collateral.
The Parties agree that each Loan Transferee, upon any such assignment and transfer, shall be and have all beneficial rights of Lender to the extent of the interest so assigned and transferred and shall to such extent accede to all rights of Lender under all the Borrower Loan Documents upon execution and delivery to the Borrower of a lender transfer notice, and that no consent, approval or other notice of or to any party to the Borrower Loan Documents is necessary in connection therewith.
Upon Noteholder’s request from time to time during the term of the Loan, Transferee shall certify in writing to Lender that Transferee’s representations, warranties, and obligations under this Section 16 remain true and correct and have not been breached.
Such representations are binding on all Beneficiaries, including each Loan Transferee and the Insured, regardless of whether any Beneficiary, Loan Transferee or the Insured knew or should have known of the false or misleading nature of the Insurance Application or omission, or that a Delegated Underwriting Loan was not underwritten in strict accordance with or did not meet the Eligibility Criteria, Underwriting Requirements or Delegated Program Requirements.
Lender may assign all or any portion of its interest in the Loans or under the Loan Documents, or grant participations therein, to any Person (each, a “Loan Transferee”), Lender may disclose to any actual or potential Loan Transferee any information that Borrower has delivered to Lender in connection with the Loan Documents; and Borrower shall cooperate fully with Lender in providing that information.
A Loan Transferee may create a perfected lien on the Loan Agreement and the other documents to secure the indebtedness of the Loan Transferee to its lenders.
Lender may disclose to any actual or potential Loan Transferee any information that Bxxxxxxx has delivered to Lender in connection with the Loan Documents; and Borrower shall cooperate fully with Lender in providing that information.
In the event any Loan Transferee shall be a non-U.S. Person, Borrower not shall be responsible for any withholdings or filings that may need to be made as a result of such Loan Transferee's status as a non-U.S. Person, and such non-U.S. Person shall execute and deliver certificates or affidavits with respect thereto.