Private Lender definition

Private Lender means any Lender other than a Public Lender.
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Private Lender has the meaning specified in Section 6.02.
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Private Lender means Lenders other than Public Lenders.
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Examples of Private Lender in a sentence

  • The interest rate on the Private Loan may include compensation for costs at prevailing market rates with the agreement of the Borrower and the Eligible Private Lender selected by the Borrower.

  • Guide 1 and 1a—Guide Letter for Use in Informing Private Lender of FmHA or its successor agency under Public Law 103–354’s Commitment.

  • You further agree that each document to be disseminated by CS Securities to any Lender in connection with the Facilities will, at the request of CS Securities, be identified by you as either (i) containing Private Lender Information or (ii) containing solely Public Lender Information.

  • The Company is exposed to the risk of interest rate fluctuations on its debt with the Private Lender Group, which bears interest at a variable rate.

  • Table 3: Private Lender Fixed and Variable Interest Rates* Private LenderFixed Interest RatesVariable RatesCitizens Bank & Charter One Bank4.74% - 10.26% APR2.32% - 8.43% APRSoFi (Social Finance)3.50% - 7.24% APR2.17% - 5.17% APR9Wells Fargo7.24% - 12.29% APR3.75% - 8.75% APRiHELP Loans6.22% - 9.04% APR Private lenders typically utilize risk-based pricing, which allows them to offer lower rates to their most preferable customers, measured by their credit risk and ability to pay.


More Definitions of Private Lender

Private Lender means each Lender that is not a Public Lender.
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Private Lender means a lender selected by the property owner to provide loan
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Private Lender means Lenders other than Public Lenders who have executed a confidentiality agreement with respect to receipt and confidential treatment of MNPI.
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Private Lender has the meaning specified in Section 6.02. “Pro Rata Share” means (a) in respect of the Revolving Credit Facility, with respect to any Revolving Lender at any time, a fraction (expressed as a percentage, carried out to the ninth decimal place), the numerator of which is the amount of the Revolving Credit Commitment of such Lender at such time and the denominator of which is the amount of the Aggregate Revolving Credit Commitments at such time; provided that if the commitment of each Lender to
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Private Lender means either (1) any of the following entities: (i) Any banking, savings, or lending institution chartered or otherwise lawfully organized under the laws of any State, the District of Columbia, the United States or any territory or possession of the United States, including, but not limited to, any bank, trust company, industrial bank, savings association, savings and loan association, building and loan association, savings bank, credit union, or finance company, which is doing business in the United States;
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Private Lender means any Lender that is not a Public Lender. “Pro Forma Basis” means, with respect to any event, that the Borrower is in compliance on a Pro Forma Basis with the applicable covenant, calculation or requirement herein recomputed as if the event with respect to which compliance on a Pro Forma Basis is being tested had occurred on the first day of the four fiscal quarter period most recently ended on or prior to such date for which financial statements have been delivered pursuant to Section 5.01. “PTE” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “Public Lender” means a Lender that has personnel who do not wish to receive material non-public information with respect to the Borrower and its Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other market-related activities with respect to such Persons’ securities. 33 #92274486v19
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