Lender’s Loan Account definition

Lender’s Loan Account means the account maintained by the Lender which reflects Borrowers’ Indebtedness under the Line of Credit.
Sample 1

Examples of Lender’s Loan Account in a sentence

  • Where Lender’s Loan Account consists of more than one loan, this authorization shall apply to all loans, including any interest thereon.

  • The risk capital and/or intended loan amount provided as part of the Lender application and any subsequent loans Lender makes to Lender’s Loan Account in excess of such pre-disclosed amount(s), including any interest thereon, represents Lender’s total risk capital which, should it be lost in its entirety, would not alter the Lender’s lifestyle.

  • For purposes of calculating Availability under the Line of Credit, collected funds transferred by the Cash Management Bank and deposited into Lender’s Loan Account shall be applied to the outstanding balance of the Advances on the first Business Day following the Business Day of deposit to the Lender’s Loan Account.

  • In the event that Lender objects to any such change or amendment, Lender agrees to provide notice to Oasis to make payment pursuant to the terms and conditions of the Promissory Note and Loan Agreement and withdraw all funds in Lender’s Loan Account within ten (10) Business Days after notice of the amendment or change has been posted to the Oasis Website.

Related to Lender’s Loan Account

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Loan Account has the meaning set forth in Section 2.10.

  • Lender’s Account means the account identified in Schedule L-1.

  • Borrower’s Account shall have the meaning set forth in Section 2.8.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Lender Fee Letter means each fee letter agreement that shall be entered into by and among the Borrower, the Servicer, the applicable Lender and its related Lender Agent in connection with the transactions contemplated by this Agreement, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Noteless Loan means a Loan with respect to which (i) the related loan agreement does not require the obligor to execute and deliver an Underlying Note to evidence the indebtedness created under such Loan and (ii) no Underlying Notes are outstanding with respect to the portion of the Loan transferred to a Fund.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Special Agent Advances shall have the meaning set forth in Section 12.11 hereof.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under its sole dominion and control.

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Collecting bank means a bank handling the item for collection except the payor bank.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Loan Disbursement Handbook means ADB’s Loan Disbursement Handbook (2012, as amended from time to time);

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

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.