Lender Funds definition

Lender Funds means: funds in the Lender’s control, whether from Lender’s own account or from Lender’s warehouse bank line of credit or other funding source.
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Lender Funds are the funds deposited by a Lender into the Client Account by bank transfer for the purposes of providing Limited Recourse Loan(s) to or receiving Claims from Loan Originator(s) to acquire Participation(s).
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Lender Funds means warehouse funds or other funds of the Lender to be advanced by the Lender to the Trustee which, in the aggregate, do not exceed the amount set forth in the Indenture.
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Examples of Lender Funds in a sentence

  • Lender may waive Borrower’s obligation to pay to Lender Funds for any or all Escrow Items at any time.

  • Except as set forth herein, the Prepetition Agent or the Term Lender Steering Group have not consented or agreed to the use of Lender Funds subsequent to the Petition Date.

  • Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time.

  • Lender Funds are not insured by HUD and are used at the Lender’s own risk; Lender Funds do not become HUD-Insured Loan Funds until direct disbursement to the Borrower (or Borrower’s designee).

  • Second, Ungaretti contended it was entitled to the imposition of a constructive trust on the Lender Funds for unpaid trustee fees and attorneys’ fees.

  • Ungaretti, the Lenders, and the Chapter 7 estate all continued to assert claims on the Lender Funds.In December 2005, Steinberg sought to terminate the Lenders’ claim to the Lender Funds through a new motion to approve the Szilagyi-Lender settlement.

  • Thereafter, Ungaretti voluntarily transferred the Lender Funds to Steinberg’s counsel, to be held in escrow.

  • Under the agreement, Ungaretti and Szilagyi would waive their claims to the Lender Funds.

  • Third, Ungaretti asserted it had a claim in quantum meruit for its services that entitled it to the Lender Funds.

  • Ungaretti sought injunctive relief and turnover of the Lender Funds, asserting three grounds for claiming the funds.


More Definitions of Lender Funds

Lender Funds means the funds made available to the Lender for Phase-Related Predevelopment Work pursuant to the IIG Requirements.
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Related to Lender Funds

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • DIP Lender means a lender under the DIP Facility.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Lender Group means each of the Lenders (including Issuing Bank and the Swing Lender) and Agent, or any one or more of them.

  • Funding Loan Documents means (i) this Funding Loan Agreement, (ii) the Borrower Loan Agreement, (iii) the Regulatory Agreement, (iv) the Tax Certificate, (v) the Borrower Loan Documents, (vi) all other documents evidencing, securing, governing or otherwise pertaining to the Funding Loan, and (vii) all amendments, modifications, renewals and substitutions of any of the foregoing.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Administrative Agent Fee has the meaning specified in the Administrative Agent Fee Letter.

  • Subordinate Lender means the person or entity named as such in the first paragraph of this Agreement and any other person or entity who becomes the legal holder of the Subordinate Note after the date of this Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Administrative Agent Fees shall have the meaning assigned to such term in Section 2.05(b).

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.