Permanent Lender definition

Permanent Lender means the party issuing a Permanent Loan Commitment which may hereinafter be issued.

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

Permanent Lender means N.M. Mortgage Finance Authority or any other 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.

Examples of Permanent Lender in a sentence

• The Plans shall not be modified without the prior written consent of Lender and Permanent Lender.

• Borrower will undertake its own due diligence in evaluating any and all prospective Permanent Lenders and expressly agrees that the selection of any such Permanent Lender is the sole decision of the Borrower.

• Additionally, Borrower hereby acknowledges and agrees that Lender shall have no liability related to (i) the extension or denial of any permanent financing from any Permanent Lender, (ii) for the acts or omissions of any such Permanent Lender in approving or denying any permanent financing or in extending any such permanent financing, or (iii) for the loss, for any reason, of any mortgage rate lock provided by any Permanent Lender.

• The term “Permanent Loan Commitment” shall mean the commitment, if any, issued by Permanent Lender to Borrower to make a Permanent Loan secured by the Property or any commitment hereinafter issued for a Permanent Loan secured by the Property.

• Borrower shall permit Lender, Permanent Lender, any Governmental Authority, and their agents and representatives, to enter upon the Property and any location where materials intended to be utilized in the construction of the Improvements are stored, for the purpose of inspection of the Property and such materials at all reasonable times.

More Definitions of Permanent Lender

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 lender under the Permanent Loan.

Permanent Lender means the maker of the Permanent Loan.

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 permanent lender designated by Borrower and approved in advance by the County as the Permanent Lender for the Project.

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

Permanent Lender means CCRC.