PPP Lender definition

PPP Lender means JPMorgan Chase Bank, N.A.
PPP Lender means PNC, in its capacity as a lender under the PPP Program.
PPP Lender means Bank of America, N.A.

Examples of PPP Lender in a sentence

  • Officers and key employees of a PPP Lender may obtain a PPP Loan from a different lender, but not from the PPP Lender with which they are associated.

  • Non-recourse status of the PPPLF Loan may change if the PPP Lender breaches any of the representations, warranties, or covenants in the PPPLF documentation, or engages in fraud/misrepresentation in connection with participation in the PPPLF.

  • The certifying PPP Lender may consider current economic or market conditions as compared to usual economic or market conditions, including the availability and price of credit for small businesses with diminished revenue streams.

  • The foregoing paragraph does not apply to a director or owner who is also an officer or key employee of the PPP Lender.

  • For purposes of certifying that it is unable to secure adequate credit accommodations elsewhere, such PPP Lender does not need to establish that credit is unavailable, rather that credit accommodations may be available, but at prices or on conditions that are inconsistent with a normal, well-functioning market.


More Definitions of PPP Lender

PPP Lender means American Bank.
PPP Lender means Silicon Valley Bank.
PPP Lender means Coastal Community Bank or any other financial institution which issues a PPP Loan to a Note Party.
PPP Lender means Harvest Small Business Finance, LLC.
PPP Lender has the meaning set forth in Section 2.1(d).
PPP Lender means BBVA USA.
PPP Lender means Citizens Bank.