Third Party Lender Agreement definition

Third Party Lender Agreement has the meaning given such term in the Freddie Mac Acknowledgment Agreement.
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Third Party Lender Agreement means SBA Form 2287 between the Originator or applicable lender and a CDC that memorializes the agreement among the lender, the CDC and the SBA and outlines the parties’ rights and responsibilities with regard to a particular SBA Loan.
Sample 1
Third Party Lender Agreement means SBA Form 2287 (Third Party Lender Agreement), which memorializes the agreement between the Third Party Lender, SBA and the CDC outlining the parties’ rights and responsibilities with regard to a particular 504 Loan.
Sample 1

Examples of Third Party Lender Agreement in a sentence

  • If SBA does not exercise its option and the Third Party Lender sells its note, then the Third Party Lender must provide CDC/SBA, within fifteen (15) days of the sale, with written notice of the purchaser's name, address and telephone number, and must provide the purchaser with a copy of the executed Third Party Lender Agreement.

  • If SBA does not exercise its option and the Third Party Lender sells its note, then the Third Party Lender must provide CDC/SBA, within fifteen (15) days of the sale, with written notice of the purchaser's name, address and telephone number and confirmation that the purchaser has received a copy of the executed Third Party Lender Agreement.

  • Borrower shall comply in a timely manner with all of its obligations and agreements under each Third Party Lender Agreement.

  • SBA’s obligation to make payments under this Agreement is not affected by the Third Party Lender Agreement or any side agreement between the parties unless SBA is a signatory to such agreement.

  • When ascertaining whether funds are available for application to a 504 Loan, make certain that all amounts attributable to Default Charges were subordinated to the 504 Loan as required by the Third Party Lender Agreement.

  • The Small Business Administration has second priority in the proceeds from foreclosure of the real estate, except as to Default Charges as defined in the Third Party Lender Agreement, as to which the Small Business Administration has first priority.

  • Wells Fargo will be permitted to foreclose upon the real estate located at 2701 North Wheeling Road, Muncie, Indiana, and has first priority to the proceeds of such foreclosure except as provided in the Third Party Lender Agreement with the Small Business Administration.

  • With regard to 504 Loans, make certain that all amounts attributable to Default Charges on the Third Party Loan, which were subordinated to the 504 Loan by the Third Party Lender Agreement, are paid to SBA rather than the Third Party Lender.

  • If the senior lien is on real property collateral, review the mortgage, deed of trust or other lien instrument, assignment of rents, title insurance policy, as well as the Third Party Lender Agreement and any other lienholder, inter-creditor, subordination, non- disturbance or attornment agreement.

  • Some commenters requested that SBA clarify that the Third Party Lender does not have to liquidate collateral that either no longer exists or has no recoverable value.However, this language is in the Third Party Lender Agreement signed by the Third Party Lender, and so there is no need to amend the regulation.Commenters were also generally supportive of SBA’s proposal to eliminate section 120.925 regarding Preferences.


More Definitions of Third Party Lender Agreement

Third Party Lender Agreement means SBA Form 2287 between the Originator or applicable lender and a CDC that memorializes the agreement among the lender, the CDC and the SBA and outlines the parties’ rights and responsibilities with regard to a particular SBA Loan. “Type” means, with respect to a Borrowing, a Base Rate Advance, or a LIBOR Advance. “UCC” means the Uniform Commercial Code, as from time to time in effect in the State of New York; provided that if, by reason of any mandatory provisions of law, the perfection, the effect of perfection or non-perfection or priority of the security interests granted to the Administrative Agent pursuant to this Agreement are governed by the Uniform Commercial Code as in effect in a jurisdiction of the United States of America other than the State of New York, then “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of such perfection, effect of perfection or non-perfection or priority. “Unseasoned Second Lien Loan” means, as of any date of determination, a Second Lien Loan that was originated forty-five (45) days or less prior to such date. “Unused Line Fees” means, with respect to each Lender, as of any date of calculation, an amount equal to the sum of the product of (i) the Unused Fee Rate (as defined below), times (ii) the difference - 37- 34881204v6 110062879
Sample 1

Related to Third Party Lender Agreement

  • Third-Party Lender means an entity that originated a loan to a consumer for the purchase of a motor vehicle and sold the loan to AmeriCredit or an Originating Affiliate pursuant to an Auto Loan Purchase and Sale Agreement.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Related Party Agreement means any agreement, arrangement, or understanding between the Company and any Stockholder or any Affiliate of a Stockholder or any Director, officer, or employee of the Company, as such agreement may be amended, modified, supplemented, or restated in accordance with the terms of this Agreement.

  • Borrower Agreement shall have the meaning provided such term in Section 3(a) hereof.

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Lender Joinder Agreement means a joinder agreement in a form reasonably satisfactory to the Administrative Agent delivered in connection with Section 2.22.

  • Third Party Agreement has the meaning provided in Section 5(a) hereof.

  • Bank Product Provider Agreement means an agreement in substantially the form attached hereto as Exhibit B-2 to this Agreement, in form and substance satisfactory to Agent, duly executed by the applicable Bank Product Provider, the applicable Loan Parties, and Agent.

  • Tri-Party Agreement shall have the meaning set forth in Section 6.4 hereof.

  • Borrower Joinder Agreement means an agreement in substantially the form of Exhibit I or any other form approved by the Administrative Agent.

  • Bank Products Agreement any agreement pursuant to which a bank or other financial institution agrees to provide treasury or cash management services (including, without limitation, controlled disbursements, automated clearinghouse transactions, return items, netting, overdrafts and interstate depository network services).

  • Related Party Contract has the meaning set forth in Section 3.25.

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • Licensor/Agent Agreement means an agreement between Agent and a Licensor, in form and content satisfactory to Agent, by which Agent is given the unqualified right, vis-a-vis such Licensor, to enforce Agent’s Liens with respect to and to dispose of any Borrower’s Inventory with the benefit of any Intellectual Property applicable thereto, irrespective of such Borrower’s default under any License Agreement with such Licensor.

  • Related Party Agreements shall have the meaning set forth in Section 3.19 herein.

  • Third-party logistics provider means an entity that provides

  • New Lender Supplement as defined in Section 2.1(c).

  • Joinder Agreement means a joinder agreement substantially in the form of Exhibit D executed and delivered in accordance with the provisions of Section 6.13.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Third Party Supplier means a third party manufacturer and/or licensor of Products.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Company Security Agreement means the Company Security Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIV annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Bank Products Provider means any Lender or Affiliate of a Lender that provides Bank Products to the Borrower or any Guarantor.

  • Third Party Licenses has the meaning set forth in Section 3.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;