Examples of Successor Lender in a sentence
If the Lender transfers the loan, the Lender must provide a copy of the Order to the new holder of the loan (“Successor Lender”), and the Successor Lender will be obligated to comply with all terms of this Order.
If the Successor Lender is not registered on the Portal, the Successor Lender shall register within fourteen (14) days of the filing of the Notice Substituting Servicer.
In the event there is a change in the servicer for the Eligible Loan, Lender shall file a Notice Substituting Servicer and shall transfer the submissions on the Portal to the Successor Lender, provided, however, that nothing herein shall preclude the Debtor or Program Manager from transferring such submissions.
However, it sets a bad precedent when one forest is ex- empted from a national policy to pro- tect the national interest.Despite these concerns I did notmove to strike this rider.
Lender – The owner, holder, servicer or assignee of the Loan as well as any Successor Lender.