Lending Body definition

Lending Body means the person or persons so described in Item 4 of the Reference Table. Local Government Act means the Local Government Xxx 0000 (Vic).
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Lending Body means theperson who advances funds under the environmental upgrade agreement;
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Lending Body means the person or persons so described in Item 4 of the Reference Table.
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Examples of Lending Body in a sentence

  • Each Cash Advance made in accordance with section 1 will be paid by the Lending Body as soon as practicable after the Lending Body has received evidence satisfactory to the Lending Body that the Owner has entered into the Construction Contract.

  • For the avoidance of doubt and despite any other provision in this agreement, MCC and the Lending Body acknowledge that if the Owner makes a Charge Payment to MCC in accordance with this agreement, the Owner will have no further liability, either to MCC or the Lending Body, in relation to that Charge Payment and MCC and the Lending Body further acknowledge that the Owner has entered into this agreement in reliance on the representations by MCC and the Lending Body under this clause 4.5.

  • Each of the Lending Body and the Owner agree to comply with the terms and conditions of Annexure G.

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  • If a claim is made and upheld, conceded or compromised, then: the Lending Body is immediately entitled as against the Owner to the rights in respect of the Charge Payments and the Prepayments (as applicable) to which it was entitled immediately before the transaction; and the Payment Schedule as at the Charge Payment Date or the Prepayment Date (as applicable) which is deemed to be void or voidable is taken to be reinstated without the requirement that any further act, matter or thing take place.

  • If the Lending Body is a corporation, the Lending Body provides the representations and warranties set out in section 1.2 of Annexure E.

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  • If the Owner makes any Prepayment then, as soon as practicable after the date on which the Prepayment is made and the Lending Body has received the amount to which it is entitled under clause 5.6, in respect of that Prepayment, the Lending Body will refund to the Owner the amount it determines, acting reasonably, equals the benefit received by it as a consequence of receiving the payment under clause 5.6 on an earlier date than specified in accordance with Annexure A.

  • If the Lending Body is a trust, the Lending Body provides the representations and warranties set out in 2.2 of Annexure E.

  • If the Lending Body is a partnership, the Lending Body provides the representations and warranties set out in section 4.2 of Annexure E.


More Definitions of Lending Body

Lending Body means a person or corporation which has agreed or agrees to make a loan to the Owner to enable the Owner to pay monies which become payable to the Builder under this Contract.
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Related to Lending Body

  • Lending Party shall have the meaning assigned to such term in Section 11.14.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Lending institution Any insurance company, federally insured commercial or savings bank, national banking association, savings and loan association, credit union, employees’ welfare, pension or retirement fund or system, corporate profit sharing or pension trust, college or university, endowment fund, real estate investment trust, or other institutional lender or financial enterprise, including, without limitation, any corporation qualified to be treated for federal tax purposes as a real estate investment trust, having a net worth of at least $50,000,000 acting on its own behalf or as agent on behalf of other Lending Institutions.

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • central purchasing body means a contracting authority providing centralised purchasing activities and, possibly, ancillary purchasing activities;

  • Approved Lender is defined in Section 12.1.

  • Lending Office means, as to any Lender, the office or offices of such Lender described as such in such Lender’s Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Borrower and the Administrative Agent.

  • Lender Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

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

  • Lender-Related Hedge Provider means any Person that, at the time it enters into a Hedging Transaction with any Loan Party, (i) is a Lender or an Affiliate of a Lender and (ii) except when the Lender-Related Hedge Provider is SunTrust Bank or any of its Affiliates, has provided prior written notice to the Administrative Agent which has been acknowledged by the Borrower of (x) the existence of such Hedging Transaction and (y) the methodology to be used by such parties in determining the obligations under such Hedging Transaction from time to time. In no event shall any Lender-Related Hedge Provider acting in such capacity be deemed a Lender for purposes hereof to the extent of and as to Hedging Obligations except that each reference to the term “Lender” in Article IX and Section 10.3(b) shall be deemed to include such Lender-Related Hedge Provider. In no event shall the approval of any such Person in its capacity as Lender-Related Hedge Provider be required in connection with the release or termination of any security interest or Lien of the Administrative Agent.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Disqualified Lender has the meaning specified in Section 10.06(b)(v).

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.

  • Qualified Lender means a lender approved by the federal department of housing and urban development to enter into a loan insured by the federal government under 12 USC 1715z−20.

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

  • Approved Funding has the meaning ascribed to it in Schedule B.

  • Successor Borrower has the meaning assigned to such term in Section 6.07(a).

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.