Common use of Institutional Lender Clause in Contracts

Institutional Lender. The term "Institutional Lender" -------------------- as used in this Section 4 shall refer to a savings bank, savings and loan association, commercial bank, trust company, credit union, insurance company, college, university, real estate investment trust or pension fund. The term "Institutional Lender" shall also include other lenders of substance which have assets in excess of Fifty Million and No/100 Dollars ($50,000,000.00) at the time the Leasehold Mortgage is made.

Appears in 1 contract

Sources: Lease Agreement (Kilroy Realty Corp)

Institutional Lender. The term "Institutional Lender" -------------------- as used -------------------- in this Section 4 shall refer to a savings bank, savings and loan association, commercial bank, trust company, credit union, insurance company, college, university, real estate investment trust or pension fund. The term "Institutional Lender" shall also include other lenders of substance which have assets in excess of Fifty Million and No/100 No/l00 Dollars ($50,000,000.00) at the time the Leasehold Mortgage is made.

Appears in 1 contract

Sources: Lease Agreement (Kilroy Realty Corp)