Participating Lender definition

Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).
Participating Lender has the meaning assigned to such term in Section 2.11(a)(ii)(C).
Participating Lender is defined in Section 1.3(e) hereof.

Examples of Participating Lender in a sentence

  • A refund of the DPA from IHCDA to the Participating Lender is not allowed.

  • In addition, if the Master Servicer is unable to purchase the loan, the Participating Lender must return the funds associated with the Second Mortgage to IHCDA within thirty (30) days after receiving notification from the Master Servicer that it is unable to purchase the loan.

  • The Participating Lender is required to input the Title Insurance Company’s ACH/routing information into IHCDA Online when the loan has reached the Committed “Approved” stage.

  • The Participating Lender is not allowed to fund the DPA at the time of closing.

  • If the First Mortgage is not purchased by the Master Servicer or sub-servicer, for any reason, the originating Participating Lender shall retain the First Mortgage and Second Mortgage.


More Definitions of Participating Lender

Participating Lender is defined in Section 2.3(d) hereof.
Participating Lender is defined in Section 1.2(d) hereof.
Participating Lender means any Person who shall have been granted the right by any Lender to participate in the financing provided by such Lender under this Agreement, and who shall have entered into a participation agreement in form and substance satisfactory to such Lender.
Participating Lender as defined in Subsection 4.4(l)(iii)(2).
Participating Lender means a mortgage lender as defined in Iowa Code section 16.1 that has submitted a letter of interest to the authority which has been approved by the board of the authority.
Participating Lender any Lender (other than the Issuing Lender with respect to such Letter of Credit) with respect to its L/C Participating Interest in each Letter of Credit.