PAYMENT BY LENDER definition

PAYMENT BY LENDER. If you are authorized to pay, on my behalf, charges I am obligated to pay (such as property insurance premiums), then you may treat those payments made by you as advances and add them to the unpaid principal under this note, or you may demand immediate payment of the charges.

Examples of PAYMENT BY LENDER in a sentence

  • PAYMENT BY LENDER SHALL NOT BE A CONDITION PRECEDENT TO THE OBLIGATIONS OF BORROWER UNDER THIS INDEMNITY.

  • PAYMENT BY LENDER – You are authorized to pay, on my behalf, charges I am or may become obligated to pay to preserve or protect the secured property (such as property insurance premiums).

Related to PAYMENT BY LENDER

  • Assignor Lender shall have the meaning given to that term in Section 8.05(c).

  • Non-BA Lender means any Lender which is not a BA Lender.

  • Partial Credit Payment means any payment, distribution or benefit that is not a Full Credit Payment.

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

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Terminated Lender as defined in Section 2.19.

  • Full Credit Payment means a payment, distribution or benefit, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, that if reduced in value by one dollar reduces the amount of the parachute payment (as defined in Section 280G of the Code) by one dollar, determined as if such payment, distribution or benefit had been paid or distributed on the date of the event triggering the excise tax. “Partial Credit Payment” means any payment, distribution or benefit that is not a Full Credit Payment.

  • Assignee Lender is defined in Section 11.11.1.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.

  • Letter of Credit Indemnified Costs has the meaning specified therefor in Section 2.11(f) of the Agreement.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • LC Issuing Bank means each Lender identified as an “LC Issuing Bank” on Schedule II and any other Lender or Affiliate of a Lender that shall agree to issue a Letter of Credit pursuant to Section 2.04.

  • Issuing Lender Fees shall have the meaning set forth in Section 2.5(c).

  • Letter of Credit Payment means any amount paid or required to be paid by the Issuing Lender in its capacity hereunder as issuer of a Letter of Credit as a result of a draft or other demand for payment under any Letter of Credit.

  • Administrative Agent’s Fee shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Increased Cost Lender as defined in Section 2.23.

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Increased-Cost Lenders as defined in Section 2.23.

  • Delinquent Lender has the meaning provided in SECTION 8.15.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Designating Lender has the meaning specified in Section 8.07(h).