Lending Partner definition

Lending Partner has the meaning given that term in Section 4.3(a)(ii).

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Lending Partner has the meaning ascribed to it term in Section 4.03(a) (ii). "Limited Partner" means any Person executing this Agi eement as a limited partner or subsequently admitted to the Partnership as a limited partner as provided in this Agreement, but does not inctude any Person who has ceased to be a limited partner in the Partnership. "Liquidator" means the Person acting as the Liquidator pursuant to Section 11.02. "Losses" has the meaning ascribed to it in Section 6.04. "Managing General Partner" means ESI No. 2 Corporation. a Delaware business corporation, or any other General Partner designated as Managing General Partner as provided in this Agreement. "Partner" means any General Partner or Limited Partner. "Partnership" has the meaning ascribed to it in Section 2.01. r~Partnership Interest" means the interest of a Partner in the Partnership, includ- ing, without limitation, rights to distributions (liquidating or oti-erwise), allocations, information, and to consent or approve. "Person" has the meaning given that term in Section 1.02( t2) of the Act. -4- VT]? 1 7~7T~'~OO(YV)fl � "Power of Attorney" has the meaning ascribed to it in Sect on 6.05. "Required Interest" means one or more Limited Partners having among them more than 50% of the Base Sharing Ratios of all Limited Partners in their capacities as such. "Section" means a Section of this Agreement unless otherwise noted. "Securities Act" has the meaning ascribed to it in Section 8.02. "Sharing Ratio" with respect to any Partner means the percentage set forth in Exhibit A for such Partner under the heading "Sharing Ratio". "Treas. Reg." means a Treasury Regulation promulgated under the Code. 1.02

Lending Partner means banks, non-banking financial companies and other financial institutions regulated by the Reserve Bank of India, with whom there is an arrangement with EZRuPe to facilitate Services through the Platform;

Examples of Lending Partner in a sentence

• On any default in the payment of a required Additional Capital Contribution or in the payment of a loan or interest accrued, the Partnership or the Lending Partner, as applicable, is entitled to all the rights and remedies of a secured party under the Uniform Commercial Code of the State of Texas with respect to the security interest granted.

• Each Partner grants to the Partnership, and to the Lending Partner with respect to any loans made by the Lending Partner to a Delinquent Partner, as security, equally and ratably for the payment of all Additional Capital Contributions that Partner has agreed to make and the payment of all loans and interest accrued made by the Lending Partner to that Partner, a security interest in such Partner's ownership interest in the Partnership under the Uniform Commercial Code of the State of Texas.

• The amount of the Default Loan that each Lending Partner shall be entitled to make to the Partnership in response to a Default Loan Notice shall be determined in the same manner as provided in Section 2.4(a) for the determination of the amount of the Additional Capital Contribution that each Contributing Partner is entitled to make in response to a Shortfall Notice.

• The Borrower shall not either directly or indirectly make or give any commitment on behalf of Lender or its Lending Partner relating to acceptance of the Loan Application of the Customer.

• It is clarified that Lender or its Lending Partner and the Borrower may, from time to time, undertake joint publicity and/or advertising.

• The amount of the Default Loan to be made by each Lending Partner in response to the Default Loan Notice as so determined shall be specified in a notice delivered by the Chief Executive Officer to the Lending Partners and within ten (10) days of the date of such notice shall be paid to the account of the Partnership designated in the Default Loan Notice.

• Each Default Loan shall bear interest from the date made (the "Loan Date") until paid in full or contributed to the Partnership as provided in this Section 2.4 at the Floating Rate applicable following the Grace Period and shall be evidenced by a promissory note of the Partnership in the form of Exhibit 2.4(c)(ii) (with any changes thereto requested by any lender under any Senior Credit Agreement and consented to by the Lending Partner, which consent shall not be unreasonably withheld).

• Lender or its Lending Partner shall not be obligated to provide reasons for rejection of any Loan Application to the Borrower.

• The Borrower shall not misuse or permit misuse directly or indirectly and commercially exploit the Confidential Information of Lender or its Lending Partner for economic or other benefit.

• Each Paying Partner that is willing to commit to make a Default Loan (each a "Lending Partner") shall so notify the Chief Executive Officer and each other Paying Partner within ten (10) days after the date the Default Loan Notice was given, setting forth the maximum portion of the Unpaid Amount, up to one hundred percent (100%) thereof, that such Lending Partner is willing to lend to the Partnership (the "Lending Commitment").

More Definitions of Lending Partner

Lending Partner has the meaning assigned to such term in Section 8.1(d). "LIMITED PARTNERS" means TE Products Pipeline Company, Limited Partnership, a Delaware limited partnership and Louis Dreyfus Energy Services L.P., a Delaware limited partnership, ▇▇ ▇▇▇▇▇ ▇▇▇▇ective successors or permitted assigns, and "LIMITED PARTNER" means either of them.

Lending Partner has the meaning given to it in Section 5.10(f).

Lending Partner means non-banking financial company or banks with whom the Company has collaborated for the provision of Financing Facilities to the Users, which would sanction, process and grant the Finance Facility to the Users, through the Platform.

Lending Partner has the meaning assigned to such term in Section 8.1(d).

Lending Partner means those regulated entities registered and authorized by Reserve Bank of India (‘RBI’) to offer loan and credit facilities to the User on the Platform.

Lending Partner shall have the meaning ascribed thereto in Section 2.2(d)(iii).