Multiple Lender definition

Multiple Lender means any Lender which has both a US Revolving Commitment and a Canadian Commitment.
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Multiple Lender means any Lender which has both a U.S. Commitment and Foreign Commitment or a Canadian Commitment and a Norwegian Commitment.
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Multiple Lender means any Lender which has both a Primary Commitment and a Norwegian Commitment.
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Examples of Multiple Lender in a sentence

  • All holders of interest in the Note and Deed of Trust will also execute a Multiple Lender Servicing Agreement with Company to service the Note and Deed of Trust.

  • Kolasinski, et al., A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market, 68:2 J.

  • I will hand you the monies called for in these Instructions which you are authorized to use provided that, within the time limit specified, you hold in this Escrow for me the documents provided for therein.The following paragraph applies only to Multiple Lender loans.

  • Crews Lott et al., Multiple Lender Transactions: Current Issues, 112 Banking L.J. 846, 846-47 (1995)).

  • This is «f219» not a Multiple Lender loan.Lender is aware it holds or will hold an undivided interest in the Note and Deed of Trust as a tenant in common with another or other lenders, all of whom will execute counterparts, (except as to vesting and payment instructions), of these Loan Escrow Instructions.

  • See Multiple Lender Master Lease Alternative diagram in Appendix 13.3. Also, the master leases from different lenders may contain a provision that a default under one master lease may constitute a default under all master leases if HUD, in consultation with all lenders, determines that a cross default provision should be exercised.

  • Multiple Lender Exposure: In case of borrowers having exposures to multiple lenders, the following conditions will have to be complied with in connection with implementation of a resolution plan.

  • Ringgenberg, A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market, 68 J.

  • Scheinkman, and Philip Yan, 2015, Days to Cover and Stock Returns, NBER Working Papers 21166, National Bureau of Economic Research, Inc.Kolasinski, Adam C, Adam V Reed, and Matthew C Ringgenberg, 2013, A Multiple Lender Approach to Understanding Supply and Search in the Introduction : Borrowing Costs and Short Sellers LXVIII, 559–596.Miller, Edward M, 1977, Risk, uncertainty, and divergence of opinion, Journal of Finance 32, 1151–68.Saffi, Pedro A.


More Definitions of Multiple Lender

Multiple Lender means the total of the following is 66.7% or more of the total of the following. (However, during the period after all lenders’ loan obligations have been extinguished and all obligations under the Loan Agreement with respect to the Loan have not been repaid, the ratio shall be the ratio of the total principal amount of outstanding individual loans for each lender to the total balance of outstanding loans as of the date of the Rally of Intent). However, in the case of a declaration of intent to determine whether or not to give a notice of forfeiture of the benefit of time pursuant to Article 22, Paragraph 2, it means a single or multiple lenders for whom the aggregate ratio of the principal amount outstanding of the individual loans for each lender to the total outstanding loans as of the base date for declaration of intent is 66.7% or more. The “cutoff time” is the time when the agent receives the notice stipulated in Article 27.1.1 if the lender determines that an event requiring instructions by the majority lender has occurred, or the time when the agent issues the notice stipulated in Article 27.2 if the agent determines that the agent itself requires a decision by the majority lender.
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Related to Multiple Lender

  • Applicable Lender has the meaning assigned to such term in Section 2.06(d).

  • Applicable Lenders means the Required Lenders, all affected Lenders, or all Lenders, as the context may require.

  • Eligible Lender an entity that is a “Bank” (as defined in the 0000 Xxx) and is not otherwise prohibited by Section 17 of the 1940 Act from lending to the Borrower.

  • Applicable Lending Office means, with respect to each Lender, such Lender’s Domestic Lending Office in the case of a Base Rate Loan and such Lender’s Eurodollar Lending Office in the case of a Eurodollar Rate Loan.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Other Lender has the meaning ascribed to it in Section 8.5(d).

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Borrowing Multiple means (a) in the case of a Borrowing denominated in US Dollars, $1,000,000, (b) in the case of a Borrowing denominated in Canadian Dollars, Cdn.$1,000,000, (c) in the case of a Borrowing denominated in Sterling, £1,000,000 and (d) in the case of a Borrowing denominated in Euro, €1,000,000.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • New Revolving Lender as defined in Section 2.24.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of all Revolving Loans then outstanding; provided that in the event that the Revolving Loans are paid in full prior to the reduction to zero of the Total Revolving Commitments, the Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Multiple means the least of (i) three, (ii) the greater of one and the number of years and fractions thereof during the period from the Date of Termination (as hereinafter defined) and the Executive's 65th birthday, and (iii) if the Executive had announced his intention to retire before the Date of Termination, the number of years and fractions thereof from the Date of Termination until the date of such intended retirement. 2.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.