Project Lender definition

Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

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Project Lender means a commercial bank, savings bank, savings and loan association,

Project Lender means a lender providing all or part of the initial construction and/or debt financing for the Facility, or any refinancing thereof, and any fiscal agents, trustees or other nominees acting on its behalf.

Examples of Project Lender in a sentence

• No consent from, or notice to, Project Lender or any cure right in favor of Project Lender shall be required in connection with the exercise of such right.

• In the event of a casualty to the buildings or improvements constructed on any portion of the Project or a condemnation or taking under a power of eminent domain of all or any portion of the Project, Lender shall have a first and prior interest in and to any payments, awards, proceeds, distributions, or consideration arising from any such event (the “Award”).

• If Lender shall elect to pay any sum due with reference to the Project, Lender may do so in reliance on any ▇▇▇▇, statement or assessment procured from the appropriate governmental authority or other issuer thereof without inquiring into the accuracy or validity thereof.

• If Lender shall elect to pay any sum due with reference to the Project, Lender may do so in reliance on any b▇▇▇, statement or assessment procured from the appropriate governmental authority or other issuer thereof without inquiring into the accuracy or validity thereof.

• Seller shall have the right to assign this Agreement as security to any Project Lender, and Department agrees to provide a consent not to be unreasonably withheld to any such Project Lender in the form of consent provided in Appendix G; provided, however, that no such assignment shall be effective for purposes of this Section 12.10(b) until Seller shall have provided written notice to Department of such assignment, which notice shall include the name and address of such Project Lender.

More Definitions of Project Lender

Project Lender means the U.S. Department of Energy, the Federal Financing Bank, and/or any other provider of a Project Financing that is reasonably acceptable to the Noteholder (such acceptance not to be unreasonably withheld, delayed or conditioned), as applicable.

Project Lender has the meaning given to that term in the Shareholders’ Agreement.

Project Lender means (a) any and all lenders providing senior or subordinated construction, interim or long-term debt financing or refinancing to Owner or its Affiliates;

Project Lender means any Person (including any trustee, arranger, or agent on behalf of such Person) lending money or extending credit to Seller in connection with the development, construction, ownership, operation, or maintenance of the Project, including any refinancing thereof.

Project Lender means any lessor or lender party to a Project Financing Agreement.

Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial

Project Lender has the meaning set forth in Section 2.8.