Second Lender definition

Second Lender means bocm3-DSTLD-Senior Debt 2, LLC, a Utah limited liability company. “Note Maturity Date” means the third anniversary of the Closing Date of the Fourth Additional Loan. “Closing Date” means each of the Initial Closing Date, Second Closing Date and the dates First Lender made any Remaining Loans and the date or Dates Second Lender made any Additional Loans. “Lender” means First Lender and Second Senior and shall include any assignees of a Loan or a Note pursuant to the terms and conditions of Section 8.1 hereof. Section 2.1(d). The following Section 2.1(d) is hereby added: Additional Loans. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of Borrower herein set forth, Second Lender hereby agrees to make additional loans to Borrower (the “Additional Loans”, and together with the First Loan, Second Loan and Remaining Loans, the “Loans”) on the terms and conditions set forth in this Section 2.1(d). Second Lender shall make the first Additional Loan on or about March 30, 2018 in the amount of $50,000 (the “First Additional Loan”). Second Lender shall make the second Additional Loan on or about April 13, 2018 in the amount of $400,000 (the “Second Additional Loan”). Second Lender shall make the third Additional Loan on or about April 27, 2018 in the amount of $275,000 (the “Third Additional Loan”). Second Lender shall make the fourth Additional Loan on or about May 11, 2018 in the amount of $275,000 (the “Fourth Additional Loan”). Concurrent with the delivery by Second Lender of Additional Loan proceeds to the Borrower, Borrower shall execute and deliver to Second Lender a Note dated as of the date of such funding in the principal amount of such Additional Loan.
Second Lender means the maker of the Second Encumbrance, and shall include, initially, the State of California, and its successor and assigns.
Second Lender means Fleet National Bank, as agent for the City of Boston acting by and through its Public Facilities Commission by the Director of the Public Facilities Department ("PFD") in its capacity as maker of the Second Loan.

Examples of Second Lender in a sentence

  • Two distinct SCCmec types of MRSA strains have been identified in Asia.

  • The overall average score for the Prenatal Clinic indicator was 82%.

  • Second, Lender argues that the liens on the ownership interest in the now-Reorganized Debtors could be reinstated.

  • Second Lender has executed this Agreement effective as of the date set forth in the first paragraph hereof.

  • Moreover, ad- vanced methods using deep learning networks also suffer from solv- ing this problem with scanty information provided.


More Definitions of Second Lender

Second Lender means United States Department of Agriculture or any successor thereto in its capacity as maker of the Second Loan.
Second Lender means Starwood Financial Trust or another commercial lender providing permanent second mortgage financing for the Building from time to time.
Second Lender means Credit Suisse AG acting through its branch at St. Xxxxx Xxxxxx 0-0, X X Xxx XX-0000, Xxxxx, Xxxxxxxxxxx;
Second Lender s Debt" means the aggregate principal amount of all monies obligations and liabilities whether actual or contingent due owing or incurred by the Borrower to the Second Lender together with all interest thereon commission fees and other charges and all legal and other costs charges and expenses incurred by the Second Lender in relation to the Borrower on a full indemnity basis;
Second Lender s Security" means any or all collateral additional or substituted securities which the Second Lender may now have or may hereafter obtain from the Borrower in respect of the Second Lender's Debt or any part thereof;
Second Lender means the parties named in the Second Deed ------------- of Trust as beneficiary.
Second Lender means the City of Los Angeles Housing Department in its capacity as second mortgagee and maker of the Second Mortgage Loan from CDBG Earthquake funds, or its successors and assigns in such capacity, including any Substitute Lenders permitted pursuant to Section 8.02 (b)(v) hereof, through any authorized representative .