Title loan lender definition

Title loan lender means a lender that is engaged in the business of making loans, at least 10 percent of which are title loans. [2010 c.23 §1]
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Title loan lender or "lender" means any person
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Title loan lender or “lender” means any person who engages in the business of making or servicing title loans.
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Examples of Title loan lender in a sentence

  • Title loan lender licensees are required to have a bond, certificate of deposit, or irrevocable line of credit of $100,000 while the nonrecourse loan lender is required to have evidence of liquid assets of $25,000.


More Definitions of Title loan lender

Title loan lender means a person engaged in the business of making title loans. 399-A:2 License Required.
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Title loan lender means a lender that is engaged in the business of making loans, at
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Title loan lender means a lender that [is engaged] engages in the business of making
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Title loan lender means any person who engages
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Title loan lender or “lender” means any person who engages in the busi- ness of making or servicing title loans.
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Related to Title loan lender

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Company.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • DIP Lender means a lender under the DIP Facility.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Warehouse Lender means any lender providing financing to Seller for the purpose of warehousing, originating or purchasing a Mortgage Loan, which lender has a security interest in such Mortgage Loan to be purchased by Purchaser.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Term Loan Note means a promissory note in the form of Exhibit B, as it may be amended, supplemented or otherwise modified from time to time.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.