Prospective Lender definition

Prospective Lender shall have the meaning assigned to such term in Section 2.20.

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Prospective Lender means a person who has received an owner’s application to finance an entire building.

Prospective Lender is defined in Section 3.04(d).

Examples of Prospective Lender in a sentence

• Notwithstanding anything to the contrary in this Agreement, no Lender shall be required to be a Prospective Lender.

• Upon the effectiveness of any Accession Agreement to which any Prospective Lender is a party, (i) such Prospective Lender shall thereafter be deemed to be a party to this Agreement and shall be entitled to all rights, benefits and privileges accorded a Lender hereunder and subject to all obligations of a Lender hereunder and (ii) Schedule 2.01 shall be deemed to have been amended to reflect the Commitment of the additional Lender as provided in such Accession Agreement.

• Upon the effectiveness of any Accession Agreement to which any Prospective Lender is a party, (i) such Prospective Lender shall thereafter be deemed to be a party to this Agreement and shall be entitled to all rights, benefits and privileges accorded a Lender hereunder and subject to all obligations of a Lender hereunder and (ii) Schedule 2.01(a) shall be deemed to have been amended to reflect the Commitment of the additional Lender as provided in such Accession Agreement.

• Upon the effectiveness of any Accession Agreement to which any Prospective lender is a party, (i) such Prospective Lender shall be entitled to all rights, benefits and privileges accorded a Lender hereunder and (ii) Schedule I shall be deemed to have been amended to reflect the Commitment of the additional Lender as provided in the Accession Agreement.

• Each Prospective Lender that accepts the Borrower’s offer to extend a Commitment shall become a party to this Agreement on such date or dates as may be mutually satisfactory to such Prospective Lender, the Borrower and the Administrative Agent, subject to the Administrative Agent’s receipt of a duly completed and executed accession agreement (“Accession Agreement”) in form and substance satisfactory to the Administrative Agent.

More Definitions of Prospective Lender

Prospective Lender as defined in Section 2.16(b).

Prospective Lender has the meaning specified in Section 2.13(b).

Prospective Lender means any Person who the Partnership, a Partner, or their respective Representatives have substantive discussions with after the Effective Date about loaning funds to the Partnership or a Partner.

Prospective Lender has the meaning set forth in Section 2.17.

Prospective Lender means a person who has received an owner's application to finance an entire building.

Prospective Lender has the meaning assigned to that term in subsection 2.1A(iv)(b).";

Prospective Lender has the meaning set forth in Section 2.05(a).