Direct Lending definition

Direct Lending means any investor’s participation in Northern Trust’s securities lending program pursuant to an agreement to lend that investor’s own securities, under which that investor’s collateral from securities lending was invested in any Northern Trust collateral reinvestment vehicle. Investment in a Commingled Lending Fund is not and does not constitute “Direct Lending.”
Direct Lending means a loan to be extended by BRD to Beneficiaries under Part 1.3(i) of the Project.
Direct Lending means the Fund lending to micro and small enterprises without the use of financial intermediaries;

Examples of Direct Lending in a sentence

  • Borrower hereby represents that it has dealt with no financial advisors, brokers, underwriters, placement agents, agents or finders in connection with the transactions contemplated by this Agreement other than Direct Lending Partners LLC, which arranged the Loan.

  • The Contractor will conduct market analyses on behalf of developers for the Authority’s various affordable housing programs, including Direct Lending, Low Income Housing Tax Credit Modified Pass-Through and multiple Preservation programs, as well as to provide Rent Reasonableness Tests as needed.

  • To the extent that expenses incurred by the Company are related to the Company and to one or more Co-Investing GS Direct Lending Funds, expenses will be allocated among the Company and such Co-Investing GS Direct Lending Funds in accordance with the Investment Adviser’s policies and procedures, which requires that expenses be allocated in a manner that the Investment Adviser reasonably determines is fair and equitable.

  • Issuer: Ares Direct Lending CLO 4 LLC Collateral Trustee: U.S. Bank Trust Company, National Association Indenture: Indenture and Security Agreement, dated as of November 19, 2024, between the Issuer and the Collateral Trustee, as amended, modified or supplemented from time to time Registered Holder (check applicable): ¨ CEDE & CO.

  • The Borrower hereby appoints ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Direct Lending Fund, pursuant to the terms and conditions of this Agreement, as Servicer, with the authority to service, administer and exercise rights and remedies, on behalf of the Borrower, in respect of the Collateral.

  • In accordance with the foregoing, the Issuer hereby acknowledges and agrees that ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Direct Lending Corp.

  • All information to be posted shall be provided to the Information Agent in an electronic format readable and uploadable (e.g., that is not locked or corrupted) by e-mail to the 17g-5 Address and specifying “ABPCI Direct Lending Fund CLO VI Ltd” and labeled for delivery to the Rating Agency.

  • Issuer: Ares Direct Lending CLO 3 LLC Trustee: U.S. Bank Trust Company, National Association Indenture: Indenture, dated as of November 14, 2024, between the Issuer and the Trustee, as amended, modified or supplemented from time to time Registered Holder (check applicable): ¨ CEDE & CO.

  • All references to TCP Direct Lending Fund VIII, LLC in the Agreement and other Loan Documents, including any signature page which such entity signed, are hereby deemed amended as of December 5, 2017, to be to TCP Direct Lending Fund VIII-U, LLC.

  • N/A Subscription Agreement, dated as of November 2020 (as modified by that certain Supplement to Subscription Agreement dated as of December 11, 2020), by and among the Public Institution for Social Security of Kuwait and BlackRock Direct Lending Corp.


More Definitions of Direct Lending

Direct Lending. Team The business unit of the Adviser working as the Direct Lending Team as discussed in the PPM. Director As set forth in 3.4.1. Earnings Balancing Contribution As set forth in 3.3.1. ERISA The United States Employee Retirement Income Security Act of 1974 and (unless the context otherwise requires) the rules and regulations promulgated thereunder, as amended from time to time, or any successor statute thereto.
Direct Lending means loans disbursed by the SPO itself and not through any other body / entity / institution.