Examples of Non-Bank Lender in a sentence
If the Lender is a Non-Bank Lender, Program Manager shall provide Lender with a copy of the monthly statement for the GCCR Account it maintains for the Lender.
A UK Non-Bank Lender shall promptly notify the UK Borrower and the Administrative Agent if there is any change in the position from that set out in the Tax Confirmation.
All funds deposited into the GCCR Account shall be treated by Lender (or Program Manager’s bank if Lender is a Non-Bank Lender) as public deposits pursuant to C.R.S. §11- 10.5-101, et seq., or C.R.S. §00-00-000, et seq., and the Lender (or Program Manager’s bank) shall comply with the requirements thereof.
Upon execution of this Agreement (i) if Lender is a Bank Lender, the Lender shall open a money market account at the Lender in the name of the Program Manager to be used as the GCCR Account hereunder or (ii) if Lender is a Non-Bank Lender, the Program Manager shall open a money market account in the Program Manager’s name at a bank of the Program Manager’s choosing to be used as the GCCR Account hereunder.