Warehouse Lender definition

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.

Warehouse Lender. Any lender providing financing to Seller for the purpose of originating or aggregating Mortgage Loans, which prior to the Purchase Date has a security interest in such Mortgage Loans as collateral for the obligations of Seller to such lender.

Warehouse Lender. Any lender providing financing to Seller in any fractional amount for the purpose of originating or purchasing Mortgage Loans, which lender has a security interest in such Mortgage Loans as collateral for the obligations of Seller to such lender. In all Dry Transactions and Conversion Transactions, Purchaser shall be the Warehouse Lender.

Examples of Warehouse Lender in a sentence

• Other than where required in accordance with applicable law, the Warehouse Lender and its affiliates have no obligation to act in any particular manner as a result of its or the Warehouse Lender’s prior, indirect involvement with the Loans and any information in relation thereto.

• With respect to the refinancing, the Warehouse Lender and its affiliates will act in their own commercial interest.

• The Interim Purchaser as borrower under the warehouse facility and the Originator will ultimately use such funds to partially repay the Warehouse Lender.

• In particular, Bank of America Europe Designated Activity Company (the "Warehouse Lender"), an affiliate of BofA Securities, has provided financing to the Originator indirectly through a warehouse facility made available to Eclipse Ireland Residential Securities Designated Activity Company as the interim purchaser (the "Interim Purchaser").

• This letter supersedes and replaces any prior notice specifying the name of [Warehouse Lender] and setting forth wire instructions and shall remain in effect until superseded and replaced by a letter, in the form of this letter, executed by each of us and acknowledged by you.

More Definitions of Warehouse Lender

Warehouse Lender means any financial institution

Warehouse Lender. Any lender (a) providing financing to the Seller for the purpose of warehousing, originating or purchasing Eligible Assets, or (b) providing financing to a party from whom the Seller is purchasing the Eligible Assets simultaneously with the purchase by the Purchaser or its designee.

Warehouse Lender means one or a syndicate of financial institutions providing warehouse loan financing to Hercules or an Affiliate thereof pursuant to a Warehouse Loan Facility.

Warehouse Lender means Bank of America, N.A., as the lender under the Warehouse Agreement.

Warehouse Lender means any party (including MBF) providing interim financing to Seller in any fractional amount for the purpose of originating or purchasing mortgage loans, which lender has a security interest in the Mortgage Loan(s) as collateral for the obligations of Seller to such lender.

Warehouse Lender means Investec Bank (UK) Limited in its capacity as lender under the Warehouse Facility Agreement.

Warehouse Lender means any lender providing financing to a Qualified Originator for the purpose of originating Mortgage Loans to be sold to Seller, which lender has a security interest in such Mortgage Loans to be purchased by Buyer from Seller.