Eligible AR Lender definition

Eligible AR Lender means a bank, financial institution or other institutional lender which is in the business of making loans to provide working capital to businesses and which is satisfactory to the Secured Party and approved by HUD.
Sample 1Sample 2Sample 3
Eligible AR Lender means a bank, financial institution or other institutional lender which is in the business of making loans to provide working capital to businesses and which is satisfactory to Lender and approved by HUD.
Sample 1Sample 2Sample 3

Examples of Eligible AR Lender in a sentence

  • So long as the AR Loan is outstanding, or is replaced with one or more loans from another Eligible AR Lender, whether before, concurrent with or at any time after the Eligible AR Loan is indefeasibly satisfied in full, the relative priorities of Lender and the Eligible AR Lender in and to the Accounts and certain other assets of Operator shall be established and governed by the terms of the Required Intercreditor Agreement.

  • Any provisions of this Agreement shall be: (i) subject to the rights of any Eligible AR Lender as set forth in a Required Intercreditor Agreement, and (ii) granted to the fullest extent permitted by and not in violation of any applicable law (now enacted and/or hereafter amended) and any Provider Agreements.

  • Any provisions of this Agreement shall be: (i) subject to the rights of any Eligible AR Lender as set forth in a Required Intercreditor Agreement and subject to the rights of First Lender under the First Mortgage Documents, and (ii) granted to the fullest extent permitted by and not in violation of any applicable law (now enacted and/or hereafter amended) and any Provider Agreements.

  • Any provisions of this Section 20 shall be: (i) subject to the rights of any Eligible AR Lender, and (ii) granted to the fullest extent permitted by applicable law with respect to any Healthcare Assets.

  • Prior to establishing any of the Government Receivables Accounts, 293 Operator shall cause a DAISA in form and substance acceptable to Lender to be entered into 294 with respect to each of the Government Receivables Accounts by and among Operator, First 295 Lender, Lender or Eligible AR Lender, and the depository banks that maintain the Government 296 Receivables Accounts.

Related to Eligible AR Lender

  • Dollar Lender means the Persons listed on Schedule 1.01(b) as having Dollar Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Dollar Commitment or to acquire Revolving Dollar Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

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

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

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

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • L/C Lender a Lender with an L/C Commitment.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 12.1.2.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • New Revolving Lender as defined in Section 2.24.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • 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.

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