Lender’s Approval definition

Lender’s Approval shall have the meaning set forth in Section 7.12.

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Lender’s Approval means the Lender's written reply to the Company approving the Company's Request for Borrowing and stating the terms and conditions of the Loan made pursuant to such Request for Borrowing in accordance with Section 2.02 hereof.

Lender’s Approval. All documentation to be signed by Target Group, Acquiror or Acquiror OP in connection with any Lender’s Approval shall be subject to Acquiror’s prior written consent, not to be unreasonably withheld. Target shall pay (i) any assumption fee under the Loan Documents, (ii) the consent fee charged by the servicer and lenders, (iii) the legal fees of the servicer and lenders in connection with Lender’s Approval, (iv) any and all other fees and costs of the servicer, the lenders, and the Rating Agencies relating to Lender’s Approval including all structural, environmental, inspection, administrative, flood determination, insurance review and credit review fees of the servicer, the lenders, and the Rating Agencies relating to Lender’s Approval or otherwise relating to the Office Assumed Loans (the “Assumption Fees”). On the Closing Date if the Transaction is consummated, Acquiror shall reimburse Target for the Assumption Fees.

Examples of Lender’s Approval in a sentence

In the event that the Purchaser’s Condition Precedent contained in this Section 8(a)(ii) is not satisfied prior to the expiration of the Lender’s Approval Period, Purchaser shall have the right to terminate this Agreement, whereupon all rights and obligations of the parties hereunder shall immediately terminate (other than those obligations that expressly survive termination) and Seller shall return the ▇▇▇▇▇▇▇ Money Note to Purchaser.
Purchaser shall apply to Assumed Loan Lender for Assumption Approval within sixty (60) days after the Effective Date (the “Assumption Commencement”) and use good faith and diligent efforts to obtain such consent from the Assumed Loan Lender prior to the expiration of the Lender’s Approval Period; provided, however, so long as Purchaser complies with its obligations under this Section 8(a), in no event shall Purchaser have any liability for its failure to achieve such consent.
This Agreement is not subject to the Buyer obtaining the Lender’s Approval of the Property.
If Buyer cannot obtain the Lender’s Approval, Buyer is required to give written notice to the Seller by ___________________, 20____.
The Agreement is subject to the Buyer obtaining the Lender’s Approval which is described as approving the Buyer’s financial credentials in addition to the approval of the Property in accordance with Section IV of this Addendum.

More Definitions of Lender’s Approval

Lender’s Approval shall have the meaning set forth in Section 7.10. ------------ "LIEN" shall mean any voluntary or involuntary mortgage, security deed, deed of trust, deed to secure debt, lien, pledge, assignment, security interest, title retention agreement, financing lease, levy, execution, seizure, judgment, attachment, garnishment, charge, lien or other encumbrance of any kind, including those contemplated by or permitted in this Agreement and the other Loan Documents.

Lender’s Approval means, at any time, the written approval of the Lenders to whom not less than 75% of the outstanding principal of Loan is due at that time;

Lender’s Approval or "to Lender's satisfaction" are intended to mean the Lender's exercise of rights in a commercially reasonable manner. This Agreement will be construed and interpreted without regard to any rule of law requiring construction or interpretation of a contract against the party who drafted it.

Lender’s Approval. This lease is subject to Lender's approval and signing off on terms and Tenant's financial statements.

Lender’s Approval means the consent of the lenders of the Company and (if required) its Subsidiaries [but excluding MBf Bank (Tonga)] to the proposed sale and purchase of the Sale Shares and in the case of MBf Buana, the consent of its lenders to the transfer of the shareholding in MBf Buana to the Company from its holding company, namely MBf Holdings Berhad.

Lender’s Approval means, in respect of the Class C Notes, the approval of the Note Purchasers holding at least sixty-six and two-thirds per cent (66-2/3%) of the outstanding principal amount of the Class C Notes, and, in respect of the Class D Notes, the Lenders holding at least sixty-six and two-thirds per cent (66-2/3%) of the outstanding principal amount of the Class D Notes

Lender’s Approval means the approval of the Note Purchasers holding at least sixty-six and two-thirds per cent (66-2/3%) of the outstanding principal amount of the Notes.