Examples of Local Partner in a sentence
This payment depends on the repayment by the Local Partner to SME Finance, which in turn is related to a Category linked to that Local Partner (or Business, if SME Finance lends to the Business directly).
This means that when Lendahand does not receives payments from SME Finance, as SME Finance has not received payment from a Local Partner (or Business, if SME Finance lends to the Business directly) that is related to the relevant Category of Bonds, Lendahand will make no payment with regard to the relevant outstanding Bonds.
As Investor you are aware that the Local Partner, Lendahand, SME Finance and the Business and the investment you make via the Lendahand Website are not subject to the supervision of the Authority Financial Markets and the Nederlandsche Bank and that the deposit guarantee scheme, the investor compensation regulation nor any other guarantee scheme apply to these investments.
Your Investment does not lead to any form of control in Lendahand, SME Finance, the Local Partner and/or the Business.
Lendahand receives a payment for its services from the Local Partner on the basis of the provisions included in the agreement concluded by Lendahand and the local Partner.