Funding Lender definition

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

Funding Lender means the holder of this Note, and (ii) the term “Indebtedness” means the principal of, premium, if any, and interest on or any other amounts due at any time under this Note or the Funding Loan Agreement. “Event of Default” and other capitalized terms used but not defined in this Note shall have the meanings given to such term in the Funding Loan Agreement.

Funding Lender means Citibank, N.A., a national banking association, in its capacity as lender under the Funding Loan.

Examples of Funding Lender in a sentence

• If from any circumstances whatsoever, the Funding Lender shall ever receive anything of value deemed interest, the amount of which would exceed the highest lawful rate, such amount as would be excessive interest shall be deemed to have been applied, as of the date of receipt by the Funding Lender, to the reduction of the principal remaining unpaid hereunder and not to the payment of interest, or if such excessive interest exceeds the unpaid principal balance, such excess shall be refunded to the Borrower.

• The Borrower hereby acknowledges and consents to such assignment to the Funding Lender.

• The Funding Lender may, in its sole discretion, terminate or replace the Servicer.

• The Funding Lender may take any such action without notice to or demand upon the Borrower.

• To the best knowledge of the Borrower, the survey for the Project delivered to the Governmental Lender and the Funding Lender does not fail to reflect any material matter affecting the Project or the title thereto.

More Definitions of Funding Lender

Funding Lender means any Person who is the holder of the Governmental Note.

Funding Lender means Citibank, N.A., a national banking association, in its capacity as lender under the Funding Loan and any successor under the Funding Loan Agreement and the Borrower Loan Documents.

Funding Lender means initially Bank of America N.A., a national banking association; provided, however, that upon CCRC’s purchase of the Funding Loan on the Conversion Date pursuant to the terms and conditions of the Loan Purchase Agreement, CCRC shall be the Funding Lender for all purposes under the Funding Loan Documents and each of their respective successors and assigns as holder of the Governmental Lender Note.

Funding Lender means initially Bank of America N.A., a national banking association, and any successor under this Funding Loan Agreement and the other Borrower Loan Documents.

Funding Lender means Initial Funding Lender prior to Conversion and Permanent Funding Lender from and after Conversion, and any successor holder of the Governmental Note.

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

Funding Lender means MUFG Union Bank, N.A., a national banking association, and any successor Funding Lender under this Funding Loan Agreement and the Funding Loan Documents.