Co-Lending Sample Clauses

Co-Lending. 9.1 AHFL may at any time and in its own discretion enter into loan participation with another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender) with or without notice to the Borrower and in accordance with applicable directions of the RBI under the RBI Circular dated November 5, 2020 (as amended from time to time).
AutoNDA by SimpleDocs
Co-Lending. (a) Notwithstanding that the Secured Guaranty guarantees the obligations of the borrower under each of the Other Loans, each of which Other Loans is evidenced by 2 separate promissory notes, Mortgagee agrees that the “Holder” (as defined in such promissory notes) of each such separate promissory notes for each Other Loan shall pursue the same remedies simultaneously under such promissory notes with respect to such Other Loan and under the Secured Guaranty and the Other Loan Documents relating to such Other Loan as if such Other Loan were evidenced by only one promissory note.
Co-Lending. (a) Notwithstanding that the Loan is evidenced by the AGL Note, VALIC Note and the USL Note separately, Beneficiary agrees that the Holder (as defined in the Notes) of each of the Notes shall pursue the same remedies simultaneously under the Notes and under the other Loan Documents as if the Loan were evidenced by only one promissory note.
Co-Lending. Notwithstanding that Paragon and Foothill are defined as "the Lender" hereunder, Paragon shall have the exclusive right to carry out the provisions of the Loan Agreement on Paragon's behalf and as Foothill's agent, to enforce and collect the Loans and exercise and enforce all rights and privileges accruing to the Lender by reason of any other agreements, security, guarantees or claims given to Lender in connection with the Loan Agreement, all in accordance with Paragon's sole discretion and the exercise of Paragon's business judgment. Foothill shall undertake no action to enforce or collect the Loans or to exercise and enforce any rights and privileges accruing to the Lender without Paragon's express written consent. Executed as a sealed instrument this 15th day of July, 1998. CROWN BOOKS CORPORATION, Debtor-in-Possession (BORROWER) By: /s/ Anna Xxxxxxxx ----------------------------------------- Print Name: Anna Xxxxxxxx ------------------------------- Print Title: President and COO ------------------------------ CROWN BOOKS EAST CORPORATION, Debtor-in-Possession (BORROWER) By: /s/ Anna Xxxxxxxx ----------------------------------------- Print Name: Anna Xxxxxxxx ------------------------------- Print Title: President and COO ------------------------------
Co-Lending. MetLife is acting for itself and for MetLife Bank as the holders of the MetLife Note and the MetLife Bank Note, as servicer (in such capacity, MetLife and any subsequent servicer of the Loan as evidenced by written notice signed by the holders of the MetLife Note and the MetLife Bank Note and all persons with interests therein, is referred to as the “Servicer”) of the Loan. The Servicer shall act for Beneficiary for all matters in connection with the Loan, and shall be authorized to act on behalf of Beneficiary. Trustor shall be entitled to rely on any actions taken by the Servicer with respect to the Loan Documents, the Guaranty, the Indemnity Agreement and the Property. All submissions, approvals and consents made or obtained from or given by Trustor, or given by Beneficiary, shall be made or obtained from, or given by, the Servicer, but a copy of all submissions and requests for approvals and consents (together with supporting materials) shall be delivered to the holders of each of the MetLife Note and the MetLife Bank Note.
Co-Lending. Lender collectively hereby advises Borrower that they have appointed Prudential Mortgage Capital Company (“PMCC”) as their agent (the single agent for each of Prudential and VPCM) for administration and servicing of this Loan as of the date hereof, with Prudential Asset Resources, Inc. (“PAR”) acting as the subservicer for PMCC (and, accordingly, the single sub-servicer for each of Prudential and VPCM), subject to the rights of the Lender to change the servicing of the Loan. In any event, Lender shall appoint one single servicer (or shall designate one of the entities comprising Lender to act as servicer) for all holders of the Loan (but without limiting the right to require that all servicing deliveries be sent to all Lender parties for review simultaneously), and, as set forth above, such servicer may be a sub-servicer of the agent for the Lenders (such party is herein referred to as the “Single Servicer”). Subject to the right to replace the Single Servicer, Borrower shall be entitled to rely on consents, approvals, modifications and agreements (“Approvals”) from the Single Servicer as if such Approvals have been issued by Lender, and such Approvals from the Single Servicer shall be deemed to be made by and binding upon Lender.

Related to Co-Lending

  • Securities Lending The Separate Accounts may participate in a securities lending program consistent with the terms of the general account securities lending program in which collateral is received for loaned securities, provided investments made with such collateral are invested within the Separate Accounts in assets consistent with these Investment guidelines and that match securities lending program liabilities.

  • Commitments to Lend Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Loans to the Borrower pursuant to this Section 2.01 from time to time during the Availability Period in amounts such that its Revolving Outstandings shall not exceed its Commitment; provided, that, immediately after giving effect to each such Revolving Loan, the aggregate principal amount of all outstanding Revolving Loans (after giving effect to any amount requested) shall not exceed the aggregate Commitments less the sum of all outstanding Swingline Loans and Letter of Credit Liabilities. Each Revolving Borrowing (other than Mandatory Letter of Credit Borrowings) shall be in an aggregate principal amount of $10,000,000 or any larger integral multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount of the unused Commitments) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section 2.01, repay, or, to the extent permitted by Section 2.10, prepay, Revolving Loans and reborrow under this Section 2.01.

  • Commitment to Lend (a) Subject to the terms and conditions set forth in this Credit Agreement, each of the Lenders severally agrees to lend to the Borrower and the Borrower may borrow, repay, and reborrow from time to time from the Closing Date up to but not including the Revolving Credit Loan Maturity Date upon notice by the Borrower to the Administrative Agent given in accordance with Section 2.6, such sums as are requested by the Borrower up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Lender's Commitment minus such Lender's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of the Revolving Credit Loans (after giving effect to all amounts requested), including the Swing Line Loans, plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Commitment at such time. The Revolving Credit Loans shall be made pro rata in accordance with each Lender's Commitment Percentage. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrower that the conditions set forth in Section 11 and Section 12, in the case of the initial Revolving Credit Loans to be made on the Closing Date, and Section 12, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.

  • Georgia Fair Lending Act No Mortgage Loan is secured by a property in the state of Georgia and originated between October 1, 2002 and March 7, 2003.

  • Lending In its capacity as Depositary, the Depositary shall not lend Shares or ADSs.

  • Notice to Lenders; Funding of Loans (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Lender of the contents thereof and of such Lender’s share of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Borrower.

  • Predatory Lending Regulations; High Cost Loans None of the Mortgage Loans are classified as (a) “high cost” loans under the Home Ownership and Equity Protection Act of 1994 or (b) “high cost,” “threshold,” “predatory” or “covered” loans or “High Cost Home Loans” under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees);

  • Conditions of Lending The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder are subject to the satisfaction of the following conditions:

  • CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT The obligation of each Lender to make Loans and of the Issuing Lender to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:

  • Agreement to Lend and Borrow Subject to and upon the terms and conditions set forth herein, Lender hereby agrees to make and Borrower hereby agrees to accept the Loan on the Closing Date.

Time is Money Join Law Insider Premium to draft better contracts faster.