Direct Lenders definition

Direct Lenders means State Street and each Eligible Assignee that becomes party to this Agreement pursuant to and in accordance with the requirements of Section 9.06(c).
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Examples of Direct Lenders in a sentence

  • Financial year means the period of 12 months ending on 30 June (Interpretation Act 1984 section 5).12.

  • We aim to generate attractive returns whilst preserving capital by partnering with what we consider to be the very best UK Direct Lenders.

  • On the other hand, assuming that the Direct Lenders are creditors of the Debtors as they allege at the Hearing, then it is clear that this factor would weigh in favor of transferring venue to Nevada for the reasons discussed previously.Based on the record, the Court views the Direct Lenders as creditors of the Debtors, and thus, finds that this factor weighs in favor of transferring venue to Nevada.

  • As discussed previously, the Direct Lenders may be represented by multiple counsel and/or may appear pro se throughout the course of this Chapter 11 Case.

  • It stands the reason that the mortgage brokers are serving their customers more prudently than the Direct Lenders.

  • The Moving Direct Lenders allege that a majority of the Direct Lenders, who have actively participated in the Nevada Litigation, live either in or near Nevada.

  • Each of the Lenders and the Direct Lenders hereby notifies the Borrower that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub.

  • It is clear to the Court, however, that a substantial number of the Direct Lenders, as fractional interest holders in the Loans, will seek to be heard on any action taken by the Debtors with respect to the SPEs. As the Debtors conceded at the Hearing, they are not authorized to liquidate collateral of the SPEs unless at least 51% of the Direct Lenders vote to approve the liquidation or this Court approves their motion to sell under section 363(h).

  • If the Program Agent shall resign, then the Majority Lenders during such thirty (30) day period shall appoint from among the Secondary Lenders and the Direct Lenders a successor program agent.

  • Intuitively, the argument we make here for partitioning recommender systems based on users rests on whether one can find sets of users who have significantly different “views of the world” that make past agreement less predictive of future agreement.

Related to Direct Lenders

  • 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.

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

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Consenting Lenders has the meaning set forth in Section 2.21(b).

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

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

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Majority Revolving Credit Lenders means Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Majority Revolving Lenders at any time, (a) if only one Revolving Lender holds the Total Revolving Commitments at such time, such Revolving Lender, both before and after the termination of such Revolving Commitment; and (b) if more than one Revolving Lender holds the Total Revolving Commitment, at least two Revolving Lenders who hold more than 50% of the Total Revolving Commitments (including, without duplication, the L/C Commitments) or, at any time after the termination of the Revolving Commitments when such Revolving Commitments were held by more than one Revolving Lender, at least two Revolving Lenders who hold more than 50% of the Total Revolving Extensions of Credit then outstanding (including, without duplication, any L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time)); provided that the Revolving Commitments of, and the portion of the Revolving Loans and participations in L/C Exposure and Swingline Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Replaced Lender shall have the meaning provided in Section 2.13.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Continuing Lenders as defined in the recitals hereto.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

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

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Non-BA Lender means a Lender that cannot or does not as a matter of policy accept or purchase Bankers’ Acceptances.