Examples of Third Party Lenders in a sentence
If Third Party Lender's documents contain provisions granting Third Party Lender the right to indemnification by subsequent owners of the Project Property, then Third Party Lender waives its right to enforce such provisions against SBA or CDC in the event SBA or CDC acquires title to the Project Property through foreclosure of the CDC Lien, acceptance of a deed in lieu of foreclosure, or otherwise.
If the Third Party Lender does take additional collateral as security for the Third Party Loan, or otherwise has a preference, in the case of liquidation, any proceeds received from such additional collateral, must be applied to the Third Party Lender's Loan prior to the proceeds from the liquidation of the Common Collateral held by the CDC/SBA and the Third Party Lender.
If the Third Party Lender takes additional collateral as security for the Third Party Loan, in the case of liquidation, any proceeds received from such additional collateral, must be applied to the Third Party Lender's Loan prior to the proceeds from the liquidation of the Common Collateral held by the CDC/SBA and the Third Party Lender.
Subject to Clause 8 (Sub-contracting) and any security or assignment by the Contractor by way of security or other encumbrance in favour of the Third Party Lenders pursuant to the Financing Agreements, or of the Construction Sub-contractor pursuant to the mortgage of even date between the Contractor and the Construction Sub-contractor neither party shall give, sell, assign, sub-let or otherwise dispose of the Contract or any part thereof or the benefit or advantage of the Contract or any part thereof.
Mortgage Broker shall not solicit nor accept any business in any manner from Lender Investors or Third-Party Lenders, without the express written permission of Lender; nor circumvent or attempt to circumvent Lender, including, without limitation, contacting, discussing, or transacting business with Lender Investors and Third Party Lenders, without the prior knowledge and written consent of Lender.
In the event that the Authority is able to provide a Third Party Loan to the Concessionaire on terms and conditions that are, in the reasonable discretion of the Concessionaire, more beneficial to the Project, the Concessionaire and the Investor than the terms and conditions that are proposed by other potential Third Party Lenders, the Parties shall use Reasonable Efforts to agree upon such terms and conditions.
Subpart J, Part 120, of Title 13 of the Code of Federal Regulations (CFR) (13 CFR § 120.1700-1726) as may be amended from time to time by SBA, this Agreement any other Program agreements signed by a Program Participant, if applicable, the Guide, the American Recovery and Reinvestment Act of 2009, and the provisions of subpart H, Part 120, of Title 13 of the CFR governing Third Party Loans and Third Party Lenders.
In performing services related to the Loan, Lender may disclose to Mortgage Broker information concerning Lender Investors, including their identity, address, e-mail address, point of contact and other information concerning such Lender Investors and Third Party Lenders (“Investor Information”).
If the Third Party Xxxxxx takes additional collateral as security for the Third Party Loan, in the case of liquidation, any proceeds received from such additional collateral, must be applied to the Third Party Lender's Loan prior to the proceeds from the liquidation of the Common Collateral held by the CDC/SBA and the Third Party Lender.
If the Third Party Lender does takes additional collateral or otherwise have a preference, in the case of liquidation, any proceeds received from such additional collateral, must be applied to the Third Party Lender's debt prior to the proceeds from the liquidation of the common collateral held by the CDC/SBA and the Third Party Lender.