Examples of Alternate Lender in a sentence
The Indenture Trustee shall calculate the Applicable Interest Rate based on information provided (i) by the Administrative Agent to the Facility Agent if the Primary Lender is the Lender, or (ii) by the Facility Agent if the Alternate Lender is the Lender.
Upon satisfaction of Sections 3.01, 5.01 and 5.02, disbursements shall be made by advances from the Primary Lender or the Alternate Lender to the Shipowner ("Disbursements") in accordance with Section 3.01.
The agreement of the Primary Lender to fund any Disbursement under this Agreement and any obligations of the Alternate Lender to fund any Disbursement under this Agreement shall be subject only to the Facility Agent's receipt of a Certificate Authorizing Disbursement, upon which each such Lender may conclusively rely.
Figure 3-2 When a Plan has been selected, the Loan Type and Rate Type (Terms Tab) fields are set accordingly.Alternate LenderThe Alternate Lender field allows you to have your closing or pre-disclosure documents drawn reflecting any lender name you may desire.
A coefficient,α, is assigned to calibrate the function between 0.0 and 1.0 (to rank success), and model the effects of a buffer zone.