Lending Entity definition

Lending Entity means any Person (other than a natural Person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities.
Lending Entity means any Person (other than a natural person) that is engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.
Lending Entity is defined in Section 11.16 hereof.

Examples of Lending Entity in a sentence

  • As indicated earlier, a Signature Representative of the Lending Entity may sign on its behalf to formally execute this agreement.

  • The printed name of the Signature Lender or that of the Signature Representative of the Lending Entity must be supplied when signing this paperwork.

  • If relevant, the Signature Representative should also document his or her title with the Lending Entity.

  • Each Lending Entity may treat as made by the Borrower and rely upon, and the Borrower shall be bound by, any oral (including, but not limited to, telephonic), written (including, but not limited to, facsimile) or other Libor Rate Election that the Agent believes in good faith to be valid and to have been made on behalf of the Borrower by any Designated Officer, and no Lending Entity shall incur any liability to the Borrower or any other Person as a direct or indirect result of such Libor Rate Election.

  • The Borrower shall not, nor shall it permit any Subsidiary (other than any Amazon Seller Lending Entity) to, directly or indirectly, create, incur, assume or suffer to exist any Indebtedness under or pursuant to the Amazon Seller Lending Facility.

  • This Agreement shall be binding upon the Borrower and each direct or indirect successor and assignee of the Borrower and shall inure to the benefit of and be enforceable by each Lending Entity and each direct or indirect successor and assignee of any Lending Entity.

  • Each such representation, warranty, covenant and agreement shall be presumed to have been relied upon by each Lending Entity regardless of any investigation made or not made, or any information possessed or not possessed, by such Lending Entity.

  • If Borrower pays interest in excess of the amount permitted by applicable law, such excess shall be refunded to the Borrower since it is the intention of each Lending Entity and the Borrower that such interest not be payable at a rate in excess of such maximum rate.

  • The Company shall not, nor shall it permit any Subsidiary (other than any Amazon Seller Lending Entity) to, directly or indirectly, create, incur assume or suffer to exist any Indebtedness under or pursuant to the Amazon Seller Lending Facility.

  • Each consent and waiver of any Lending Entity or the Borrower contained in this Agreement shall be deemed to have been given to the extent permitted by applicable law.


More Definitions of Lending Entity

Lending Entity means the governmental or financial entity providing financing to a water cooperative.
Lending Entity means (i) any Lender, (ii) the Swingline Lender, and (iii) the Agent.
Lending Entity means (i) any Lender, (ii) HSBC or (iii) the Agent.
Lending Entity means an individual, partnership,
Lending Entity means a financial institution, mortgage lender or other individual or entity that holds a mortgage or other security interest in a manufactured home, such home being the subject of a complaint filed with the department pursuant to the provisions of this article.

Related to Lending Entity