Funding Lender definition

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

Funding Lender means the holder of this Note, and (ii) the term “Indebtedness” means the principal of, premium, if any, and interest on or any other amounts due at any time under this Note or the Funding Loan Agreement. “Event of Default” and other capitalized terms used but not defined in this Note shall have the meanings given to such term in the Funding Loan Agreement.

Funding Lender means Citibank, N.A., a national banking association, in its capacity as lender under the Funding Loan.

Examples of Funding Lender in a sentence

• The Funding Lender may, in its sole discretion, terminate or replace the Servicer.

• No remedy conferred by this Funding Loan Agreement upon or remedy reserved to the Funding Lender is intended to be exclusive of any other remedy, but each such remedy shall be cumulative and shall be in addition to any other remedy given to the Funding Lender hereunder or now or hereafter existing at law or in equity or by statute.

• Except as otherwise expressly provided herein, any reference in this Funding Loan Agreement to the time of day shall mean the time of day in the city where the Funding Lender maintains its place of business for the performance of its obligations under this Funding Loan Agreement.

• No delay or omission of the Funding Lender to exercise any right or remedy accruing upon an Event of Default shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein.

• If from any circumstances whatsoever, the Funding Lender shall ever receive anything of value deemed interest, the amount of which would exceed the highest lawful rate, such amount as would be excessive interest shall be deemed to have been applied, as of the date of receipt by the Funding Lender, to the reduction of the principal remaining unpaid hereunder and not to the payment of interest, or if such excessive interest exceeds the unpaid principal balance, such excess shall be refunded to the Borrower.

More Definitions of Funding Lender

Funding Lender means any Person who is the holder of the Governmental Note.

Funding Lender means Citibank, N.A., a national banking association, in its capacity as lender under the Funding Loan and any successor under the Funding Loan Agreement and the Borrower Loan Documents.

Funding Lender means initially Bank of America N.A., a national banking association; provided, however, that upon CCRC’s purchase of the Funding Loan on the Conversion Date pursuant to the terms and conditions of the Loan Purchase Agreement, CCRC shall be the Funding Lender for all purposes under the Funding Loan Documents and each of their respective successors and assigns as holder of the Governmental Lender Note.

Funding Lender means initially Bank of America N.A., a national banking association, and any successor under this Funding Loan Agreement and the other Borrower Loan Documents.

Funding Lender means Initial Funding Lender prior to Conversion and Permanent Funding Lender from and after Conversion, and any successor holder of the Governmental Note.

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

Funding Lender means MUFG Union Bank, N.A., a national banking association, and any successor Funding Lender under this Funding Loan Agreement and the Funding Loan Documents.