Lendee definition

Lendee means ▇▇▇▇▇▇▇▇▇▇ TRUST COMPANY d/b/a ▇▇▇▇▇▇▇▇▇▇ BANK, its successors and assigns.
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Examples of Lendee in a sentence

  • This Agreement will pass to the benefit of and be binding upon the respective heirs, executors, administrators, successors and assigns of the Lendee.

  • Notwithstanding anything to the contrary in this Agreement, if the Lendee defaults in the performance of any obligation under this Agreement or the Lendee becomes insolvent, bankrupt, then the Lender may declare the principal amount owing under this Agreement at that time to be immediately due and payable.

  • This Agreement may only be amended or modified by a written instrument executed by both the Lendee and the Lender.

  • The Lendee waives presentment for payment, notice of non-payment, protest, and notice of protest.

  • All costs, expenses and expenditures including, and without limitation, the complete legal costs incurred by enforcing this Agreement as a result of any default by the Lendee, will be added to the principal then outstanding and will immediately be paid by the Lendee.

  • In this case the Lendee shall pay the Platform Administrator a fair an unbiased reasonable compensation of expenses directly related to the premature Loan repayment, paying the compensation along with the premature Loan repayment as a single payment in the amount of ( ) months interest rate calculated from the principal amount of the Loan being repaid prematurely.

  • Lender The user(s) of the platform, who lent money to the Lendee using the tools of the Platform for lending purposes.

  • The Lendee undertakes to ensure that the Loan Collateral is maintained in good condition in accordance with the requirements of the applicable regulatory enactments, avoiding any degradation of its condition.

  • The Lender agrees to loan an amount of USO $200,000.00 (the “Loan”) to the Lendee, and the Lendee hereby agrees to repay the principal amount under the Loan together, at such address as may be provided in writing upon the terms and conditions of this Agreement.

  • The Lender agrees to loan an amount of USD $200,000.00 (the “Loan”) to the Lendee, and the Lendee hereby agrees to repay the principal amount under the Loan together, at such address as may be provided in writing upon the terms and conditions of this Agreement.

Related to Lendee

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Subordinate Lender means the person or entity named as such in the first paragraph of this Agreement and any other person or entity who becomes the legal holder of the Subordinate Note after the date of this Agreement.

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