Lender Portion definition

Lender Portion means the quotient of (a) the Lender Amount, divided by (b) the Total Amount.
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Lender Portion means, with respect to any amount, ninety seven percent --------------- (97%) of such amount.
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Lender Portion has the meaning set forth in Section 2(c)(i) of this Addendum.
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Examples of Lender Portion in a sentence

  • The earnings payable to J.P. Morgan and the Rebate payable to the Borrower (the “Lending Fees”) shall accrue for each Business Day of the month that the Lender Portion is held by the Lender.

  • The amount of the Advances made by the Lenders, hereunder and under the Loan Agreement, shall not exceed the Lender Portion of the Refinancing Amount and the amount of Advances made by each Lender on the Refinancing Date, hereunder and under the Loan Agreement, shall not exceed (i) with respect to each Conduit, its Conduit Loan Amount or (ii) with respect to each Liquidity Purchaser, its Facility Lender Commitment Amount.

  • If such request is received thereafter, the Lender Portion shall be transferred to J.P. Morgan by 10:00am EST the following Business Day.

  • Each party agrees to transfer (pay and receive) the Lender Portion amount in the currency and manner as agreed from time to time.

  • Upon J.P. Morgan’s receipt of the Lender Portion in accordance with the timings outlined above, the Lender Portion shall be applied by J.P. Morgan in accordance with Section 3.2, and if any Lender Portion remains, against the cost of any indemnification obligation in accordance with Section 3.3 of the Agreement.

  • In the event that the Lender Portion is not transferred to J.P. Morgan in accordance with the timings outlined above, the Borrower Event of Default indemnification obligations of J.P. Morgan in the Agreement, including without limitation Sections 2.7 and 3.2 of the Agreement, shall be reduced accordingly.

  • If the Lender Portion required to be transferred to J.P. Morgan is greater than the Market Value of the loaned Securities as of the Return Date, the Lender shall return such excess amount to J.P. Morgan, to be applied by J.P. Morgan in accordance with Section 3.2 and, if any such excess remains, in accordance with Section 3.3 of the Agreement and the MSLA.

  • Lender shall use commercially reasonable efforts to pay all the earnings derived from the Lender Portion, if any, to J.P. Morgan no later than the third Business Day of the subsequent month but in any event no later than the fifth Business Day of such subsequent month.