Permanent Lender definition

Permanent Lender means any lender to the Borrower with a Deed of Trust senior to the Deed of Trust securing the Loan.

Permanent Lender means the maker of any Permanent Loan or beneficiary of any Permanent Loan Deed of Trust.

Permanent Lender means the lender under the Permanent Loan.

Examples of Permanent Lender in a sentence

• The Borrower agrees promptly to notify the Permanent Lender in writing should the Borrower become aware of any change in the information set forth in these representations.

• The Bondholder Representative (and after the Conversion Date, the Permanent Lender Parties) intends to use such rights to satisfy the management rights requirements under the Plan Assets Regulation.

• All financial and other information submitted by or on behalf of the Borrower and the Guarantor to the Permanent Lender in connection with the Permanent Loan was true, complete and correct in all material respects as of the date delivered to Permanent Lender.

• Promptly after the Permanent Lender’s written request from time to time, but not more frequently than once in any calendar year, the Borrower shall deliver to the Permanent Lender a signed sworn statement that the Borrower is in compliance with the provisions of this Section 2.7.

• Neither the Borrower nor the Guarantor is currently involved in a foreclosure or in a default on any indebtedness owing to the Permanent Lender or to any affiliate of the Permanent Lender or on any other indebtedness obtained for commercial purposes with respect to the Mortgaged Property.

More Definitions of Permanent Lender

Permanent Lender means any Lender providing permanent financing for the Apartment Complex who has been approved by the Special Limited Partner and the General Partner, except as otherwise provided in Section 3.2.

Permanent Lender means the United States Department of Agriculture, Rural Development, in its capacity as maker and holder of the Permanent First Mortgage and the Permanent Second Mortgage, together with its successors and assigns in such capacity.

Permanent Lender means the maker of the Permanent Loan.

Permanent Lender means California Community Reinvestment Corporation, a California nonprofit public benefit corporation.

Permanent Lender. Louisiana Housing Corporation (the “LHC”).

Permanent Lender means Boston Capital Mortgage Company, in its capacity as holder of the Permanent Mortgage, or its successors and/or assigns in such capacity.

Permanent Lender means CCRC.