Portfolio Lender definition

Portfolio Lender means a lender holding a Portfolio Loan.
Portfolio Lender. Portfolio Loan”; “Section 2 Lease”; “Third Party Purchaser”; and “Third Party Transfer Event”.
Portfolio Lender means BIG Real Estate Finance I, LLC, a Delaware limited liability company.

Examples of Portfolio Lender in a sentence

  • Notwithstanding anything to the contrary contained herein, in no event shall any Portfolio Lender (other than the single Designated Portfolio Lender that may, from time to time, be designated hereunder pursuant to this Section 13.1) have any rights or standing under this Master Agreement.

  • The designation of a Designated Portfolio Lender may be revoked only pursuant to a written notice to Wachovia (i) in the case of a DPL Substitution Notice, executed by the assigning Designated Portfolio Lender and the new Designated Portfolio Lender or (ii) in connection with a revocation (other than in connection with an assignment pursuant to a DPL Substitution Notice), by both the Designated Portfolio Lender and Master Landlord.

  • Designated Portfolio Lender and Designated Mezzanine Lender each agree that if it shall deliver a notice to either Master Landlord or Wachovia concerning any aspect of this Master Agreement, it shall also send a copy of such notice to the other party hereto.

  • The Designated Portfolio Lender shall also have the right, from time to time, to request such written instruments of Master Landlord and Wachovia under this Section 17, and, in any such event, the party of whom such request is made shall deliver such a written instrument within twelve (12) Business Days after request.

  • Notwithstanding the foregoing, the Designated Portfolio Lender (even prior to its delivery of a DPL Acceleration Notice) shall have the full right and authority to enforce all of the rights granted to it (and shall have the obligations imposed upon it) under Sections 3.4, 12, 13, 17, 18, 19 and 21 of this Master Agreement .

  • The Board of the Company is elected by the general meeting of the Company through voting and is held accountable to the general meeting.

  • Furthermore, the Designated Portfolio Lender hereby agrees that Wachovia may, from time to time, request similar written instruments of it under this Master Agreement, as relates to such Designated Portfolio Lender’s rights, obligations, acts and omissions hereunder, and notices sent by it, or on its behalf, and, in any such event, it agrees to deliver the same within twelve (12) Business Days after request.

  • A member state's EMS authority, in addition to any other powers granted under state law, is authorized under this compact to: 1.

  • No term or provision hereof may be amended or modified, but only by an instrument that (i) is signed by the party against whom enforcement thereof is sought, and (ii) has been approved by the Designated Portfolio Lender.

  • In performing its functions as servicer of the Loans in the Participation Portfolio, Lender may use such agents, vendors, and subservicers as it shall deem appropriate, but Lender nevertheless shall remain responsible for the performance of its obligations hereunder.


More Definitions of Portfolio Lender

Portfolio Lender. Portfolio Loan”; “Section 2 Lease”; “Third Party Purchaser”; and “Third Party Transfer Event”. 6.2· The following Sections of the Original Master Agreement are no longer executory and/or otherwise applicable from and after the date hereof, and thus, as of the date hereof, are hereby deleted from the Master Agreement: Section 2; Section 6; Section 7; Section 8;.Section 10; Section 11; Section 12 (replaced by Section 7 hereof); Section 13; Section 14; and Section 18 (replaced by Section8 hereof).

Related to Portfolio Lender

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Approved Lender is defined in Section 12.1.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

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

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

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Lead Lender means a lending insti- tution having a direct contractual rela- tionship with a borrower to advance funds, which institution sells or as- signs an interest or interests in such loan to one or more other lenders.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Exiting Lender see Section 2.17.7.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

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

  • Loan originator The entity that closes a Mortgage Loan in its own name.

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

  • Warehouse Lender means any lender providing financing to Seller for the purpose of warehousing, originating or purchasing a Mortgage Loan, which lender has a security interest in such Mortgage Loan to be purchased by Purchaser.

  • Conduit Lender any special purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made by such Lender and designated by such Lender in a written instrument; provided, that the designation by any Lender of a Conduit Lender shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its Conduit Lender fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall have the sole right and responsibility to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender, and provided, further, that no Conduit Lender shall (a) be entitled to receive any greater amount pursuant to Section 2.18, 2.19, 2.20 or 10.5 than the designating Lender would have been entitled to receive in respect of the extensions of credit made by such Conduit Lender or (b) be deemed to have any Commitment.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Collateral Pool means, at any time, each Portfolio Investment that has been Delivered (as defined in the Guarantee and Security Agreement) to the Collateral Agent and is subject to the Lien of the Guarantee and Security Agreement, and then only for so long as such Portfolio Investment continues to be Delivered as contemplated therein and in which the Collateral Agent has a first-priority perfected Lien as security for the Secured Obligations (subject to any Lien permitted by Section 6.02 hereof with respect to such Portfolio Investment), provided that in the case of any Portfolio Investment in which the Collateral Agent has a first-priority perfected (subject to Permitted Liens under clause (g) of the definition thereof) security interest pursuant to a valid Uniform Commercial Code filing, such Portfolio Investment may be included in the Collateral Pool so long as all remaining actions to complete “Delivery” are satisfied in full within the longest period of (i) seven (7) days of such inclusion and (ii) as the Collateral Agent may agree in its reasonable discretion.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Loan Asset means each commercial loan identified on Schedule A hereto, and each commercial loan identified on any Purchase Notice.

  • DIP Lender means a lender under the DIP Facility.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Eligible Borrower means owners or others having an interest in property situated within the downtown area of a participating city, community development corporations associated with a participating city, Iowa main street program organizations associated with a participating city, community-initiated development groups associated with a participating city, or other organization associated with a participating city for purposes of implementing the Iowa main street program.