Examples of Original Lender in a sentence
An assignment of rights will only be effective on receipt by the Facility Agent of written confirmation from the New Lender (in form and substance satisfactory to the Facility Agent) that the New Lender will, in relation to the assigned rights, assume obligations to the other Finance Parties equivalent to those it would have been under if it had been an Original Lender.
All information and documentation required by the Original Lender in relation to each Obligor to enable it to comply with its obligations under, and the requirements of, the Financial Xxxxxxxxxxxx Xxxxxx Xxx, 0000 and its own “know your customer” procedures.
Any Original Lender which sets out an email address beneath its name in Schedule 1 is deemed to agree to receiving notices, demands or other communications from the Agent by electronic mail.
Original Lender sold the Note, assigned its rights in the Security Instrument, and transferred the Loan to Lender, which is now the holder of the Note and the owner of the Loan.
The Loan was evidenced by a Multifamily Note in favor of Original Lender dated __________ (“Note”).