Examples of Loan Transferee in a sentence
Any Loan Transferee shall be permitted to rely on such certificate.
If, pursuant to this Section, any interest in this Agreement or any Note is transferred to any Loan Transferee, such Loan Transferee shall, promptly upon receipt of written request from Borrower, furnish to Borrower a Form W-9, Form W-8BEN, Form W-8BEN-E or Form W-8ECI, as applicable.
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.
With respect to any Consenting Noteholder or any Consenting Term B-2 Lender that becomes a party to this Amended Agreement pursuant to Section 14 hereof, this Amended Agreement shall become effective as to such Consenting Noteholder or Consenting Term B-2 Lender, as applicable, at the time it executes and delivers a Transferee Joinder or Loan Transferee Joinder in accordance with Section 14 hereof.
The Initial Insured acknowledges, understands and agrees to such terms and conditions for any Loan delivered to us for coverage under the Delegated Underwriting Program and such terms and conditions shall be binding on all Beneficiaries, including each Loan Transferee and the Insured and each Servicer.
Without limitation of the foregoing, the contractual duty of a Loan Transferor to repurchase a Loan or “make-whole” a Loan Transferee does not in and of itself give rise to any rights under this Policy.
Registration; Transfer of Funding Loan; Transferee Representations Letter The Funding Loan shall be fully registered as to principal and interest in the manner and with any additional designation as the Fiscal Agent deems necessary for the purpose of identifying the registered owner thereof.
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.
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.
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.