Loan Transferee definition

Loan Transferee has the meaning set forth in Section 7.7(c).
Loan Transferee means a person to which a Lender seeks to transfer all or part of that Lender's rights and/or obligations under this Agreement in accordance with Clause 23(C);
Loan Transferee as defined in Section 9.6.

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.


More Definitions of Loan Transferee

Loan Transferee shall have the meaning set forth in Section 12.14(a).
Loan Transferee has he meaning specified in Section 9.08 of the Loan Agreement.
Loan Transferee shall have the meaning set forth in Section 9.2.

Related to Loan Transferee

  • Whole Loan Transfer Any sale or transfer of some or all of the Mortgage Loans, other than a Securitization Transaction.

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Prospective Transferee means any Person to whom a Shareholder proposes to make a Proposed Transfer, including a Proposed Transfer by FEEL pursuant to Clause 2.3.

  • Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).

  • Transferee Letter Defined in Section 13.16.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Qualified Institutional Investor (tekikaku kikan xxxxxxx) has the meaning assigned thereto in Article 2, Paragraph 3, item 1 of the Financial Instruments and Exchange Law (kinyu shohin torihiki ho) of Japan (Law No. 25 of 1948), Article 10, Paragraph 1 of the regulations relating to the definitions contained in such Article 2.

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Institutional Accredited Investor Certificate means a certificate substantially in the form of Exhibit G hereto.

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

  • Substitute Purchaser is defined in Section 21.

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Stockholders.

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • Qualified Institutional Lender means each of the Initial Note Holders and any other U.S. Person that is:

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • Non-citizen Assignee means a Person whom the General Partner has determined in its discretion does not constitute an Eligible Citizen and as to whose Partnership Interest the General Partner has become the Substituted Limited Partner, pursuant to Section 4.9.

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Approved Investor means any institution which has made a Takeout Commitment and has been approved by Buyer and not subsequently disapproved by Buyer.

  • Modified Eligible Transferee means any bank, financial institution or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities and other financial assets.

  • Proposed Purchaser shall have the meaning set forth in Section 5.7(a).

  • Qualified instructor means individuals whose training and experience adequately prepare them to carry out specified training assignments. Interpreting physicians, radiologic technologists, or medical physicists who meet the requirements of 41.6(3) would be considered qualified instructors in their respective areas of mammography. Radiological technologists who meet the requirements of 41.6(3) and have passed a state-approved mammography examination such as the examination given by the American Registry of Radiography Technologists would be considered qualified instructors in their respective areas of mammography. The examination would include, but not necessarily be limited to: breast anatomy and physiology, positioning and compression, quality assurance/quality control techniques, and imaging of patients with breast implants. Other examples of individuals who may be qualified instructors for the purpose of providing training to meet the regulations of this chapter include, but are not limited to, instructors in a post-high school training institution and manufacturers’ representatives.

  • Prospective Buyer means any person or entity negotiating or offering to become an owner or lessee of residential real property by means of a transfer for value to which this Act applies.

  • Transfer student means a student entering an institution for the first time having successfully completed a minimum of 12 semester hours at another institution which is applicable for credit at the institution the student is entering.