Permitted Lender definition

Permitted Lender means any affiliate of the Original Purchaser or any bank, trust company, savings institution, insurance company or qualified institutional buyer under Rule 144A promulgated under the Securities Act of 1933.

Permitted Lender means any affiliate of the Original Lender or any bank, trust company, savings institution, insurance company or qualified institutional buyer under Rule 144A promulgated under the Securities Act of 1933 that is engaged as a regular part of its business in purchasing bonds or obligations similar to the Series 2019 Note.

Permitted Lender means each Permitted Mortgage Lender and each Permitted Mezzanine Lender, or any one thereof. For the avoidance of doubt, a holder of indebtedness that is secured by any Financing Transaction, but that is not a Permitted Mortgage Lender because it is not a party to a Financing Transaction (i.e., the holder of some or all of the indebtedness that is secured by a Permitted Lease Encumbrance in favor of an agent that holds collateral as security for such indebtedness) need not be approved by Landlord, and may assign or transfer such indebtedness without Landlord’s consent or approval, but shall not be a Prohibited Person.

Examples of Permitted Lender in a sentence

• Notwithstanding the foregoing, but subject to Section 11.1.C and 11.3.C, any Non-Managing Member may, at any time, without the consent of the Managing Member, Transfer all or any portion of its Membership Interest pursuant to a Permitted Transfer (including, in the case of a Non-Managing Member that is a Permitted Lender Transferee, any Transfer of a Membership Interest to a Third-Party Pledge Transferee).

• Notwithstanding the foregoing, any Limited Partner may, at any time, without the consent of the General Partner, Transfer all or any portion of its Partnership Interest pursuant to a Permitted Transfer (including, in the case of a Limited Partner that is a Permitted Lender Transferee, any Transfer of a Partnership Interest to a Third-Party Pledge Transferee).

• Transfers constituting Permitted Transfers or transfers of security interests to a lender pursuant to a Permitted Lender Financing shall be deemed expressly permitted by this Agreement, subject to the terms and conditions applicable to such transfers (including those set forth in the definitions of Approved Transferee and other applicable definitions).

• Upon not less than fifteen (15) Business Days’ notice by Xxxxxx, Landlord shall execute, acknowledge and deliver to Tenant, or if requested by Tenant in writing, such Permitted Lender or such prospective qualified Permitted Lender, as applicable, an estoppel statement in substantially the form of Exhibit “H” attached hereto without any material changes.

• The burden of producing evidence and the burden of proof showing Landlord that a prospective assignee, Foreclosure Purchaser or Subtenant, as applicable, meets each and all of the aforesaid qualifications and standards shall be on said Permitted Lender or Foreclosure Purchaser, as applicable.

More Definitions of Permitted Lender

Permitted Lender means any bank or institutional investor, any other Person that qualifies as a "qualified institutional buyer" pursuant to Rule 144A under the Securities Act, any purchaser of Indebtedness pursuant to Regulation S under the Securities Act and any purchaser of Indebtedness that is registered under the Securities Act.

Permitted Lender means (a) a Marriott Entity or (b) any Institutional Lender.

Permitted Lender means the holder of any Security Financing Interest authorized by this Agreement and identified in the Project Budget or Financing Plan.

Permitted Lender means a commercial or investment bank that, as of the time of determination, has a senior, non-credit enhanced long-term indebtedness rating of at least BBB+ or Baa1 from Standard & Poor’s Financial Services LLP or Xxxxx’x Investor Services, respectively.

Permitted Lender means any affiliate of the Bank or any bank, trust company, savings institution, insurance company or qualified institutional buyer under Rule 144A promulgated

Permitted Lender means either (i) a single lender which has extended loans (including refinancing loans) to NFR Purchaser or its Affiliates secured by a mortgage lien and security interests on or in any portion of the NFR Property, or (ii) a single administrative agent acting for one or more lenders which have extended loans (including refinancing loans) to NFR Purchaser or its Affiliates secured by a mortgage lien and security interests on or in any portion of the NFR Property.

Permitted Lender means an "accredited investor" or "qualified institutional buyer" under Rule 144A promulgated under the Securities Act of 1933.