Examples of Lender in a sentence
This is not altered by the fact that under Clause 1(2) of this Guarantee Agreement, WSW only needs to make phased payments to the Lender in accordance with the regular Interest and repayment terms agreed between the Lender and the Borrower, even if the Lender has called in the full loan from the Borrower.
This right of recourse is immediately due and payable in full and unconditionally if and as soon as either the Lender calls upon WSW’s Guarantee or if there is a ground for exigibility as referred to in Article 6 of the General Provisions (as defined below).
Neither this Lease nor any memorandum thereof or other matter with respect thereto shall be recorded by either Landlord or Tenant in the public records; provided, that Landlord and Tenant shall execute and record any memorandum of this Lease upon written notice from a Lender of the Lender’s requirement that the same be executed and recorded.
To further secure the performance of WSW’s payment obligations to lenders, including the Lender, the Municipality undertook in this Backstop Agreement to issue interest-free loans in the manner set out in the Backstop Agreement, in order to prevent liquidity shortfalls at WSW at all times.
The Lender declares that it accepts the clauses made for its benefit in the Backstop Agreement applicable at the time of the conclusion of this Loan Agreement.