Lending Authority definition

Lending Authority means a person or body corporate which agrees to make a loan to the Owner to enable the Owner to pay any money which may become payable to the Builder under the Contract or in relation to the Works.
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Lending Authority means any institution that lends the owner part of or the whole of the contract price;
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Lending Authority means any local authority that provides a loan or other financial accommodation to the Finance Company pursuant to a Finance Company Document.
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Examples of Lending Authority in a sentence

  • PURPOSE.—The purpose of this section is to provide the Small Business Administration with the authority to establish a Secondary Market Lending Authority within the SBA to make loans to the systemically important SBA secondary market broker- dealers who operate the SBA secondary market.

  • I.1.a. City Council Technology Lending Authority Upon request to the City Manager, a Councilmember may borrow City-owned technology, such as laptop or tablet, during his or her term of office for City business use.

  • Major areas of focus are General Credit Policy Guidelines, Exercise of Lending Authority, Credit Review Process, Credit Risk Rating and Classification System, among others.

  • Delegated Lending Authority limits within BEN are delegated by Group Risk under authority from the Board Credit Committee.

  • If the borrowing authority is of the opinion that any of the penalties specified in Clause (a) to (e) of Rule 33 should be imposed on him, it may pass such orders on the case as it deems necessary after consultation with Lending Authority: Provided that in the event of a difference of opinion between the borrowing and the lending authorities, the services of the employee shall be placed at the disposal of the Lending Authority.

  • If the employee submits an appeal against an order imposing any of the penalty on him under sub-rule 3 (a) above it will be disposed of after consultation with the Lending Authority:Provided that if there is a difference of opinion between the Appellate Authority and the Lending Authority, the services of the employee shall be placed at the disposal of the Lending Authority and the proceedings of the case shall be transmitted to that authority for such action as it deems necessary.

  • If the Disciplinary Authority is of the opinion that any of the major penalties should be imposed on him, it should replace his services at the disposal of the Lending Authority and transmit to it the proceedings of the enquiry for such action as it deems necessary.

  • All requests for reconsideration must be submitted to the Director of the Sec- ondary Market Lending Authority.

  • Chair McCartney stated that Article III, Section 6 of the By-laws of the Hawaii Green Infrastructure Authority (Lending Authority) states that loans $100,000 to $3.0 million can be approved by the Executive Director with the concurrence of the State Finance Director or a Member recommended by the Chair and approved by the Authority.

  • Investment Lending Authority — The Committee shall review and approve, if advisable, the Investment Lending Authority and relative portfolio limits of FCIB Group and the delegation of management limits, as required.

Related to Lending Authority

  • Funding Authority means the body awarding the grant for the Project.

  • Issuing authority means the authorized representative of the department of the City who issued the solicitation.

  • Purchasing Authority means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the Purchaser.

  • Franchising Authority means any Governmental Authority authorized by any federal, state or local law to grant a Franchise or to exercise jurisdiction over the rates or services provided by a cable television system pursuant to a Franchise or over Persons holding a Franchise.

  • Controlling Authority means the Minister administering the Tasmanian State Service Act 1984.

  • Housing authority means a housing authority created or

  • Licensing authority means the department or division within each participating state which is authorized by law to issue or approve licenses or permits to hunt, fish, trap, or possess wildlife.

  • Authority or Housing Authority (HA means the Housing Authority.

  • Requesting Authority means the Authority making a request under this MoU.

  • Granting authority means the appropriate agency or official

  • Contracting Authority means any contracting authority as defined in Regulation 3 of the Public Contracts Regulations 2006.

  • Awarding Authority means a subordinate or component entity or person of the City (such as a City department or Board of Commissioners) that has the authority to enter into a contract or agreement for the provision of goods or services on behalf of the City of Los Angeles.

  • Permitting authority means the Iowa department of natural resources or the director thereof.

  • Governing authority means the local legislative authority

  • Signing Authority means an officer or agent of the organization with written authorization to commit the legal entity to a binding agreement.

  • State licensing authority means the authority created for the purpose of regulating and controlling the licensing of the cultivation, manufacture, distribution, and sale of Medical Marijuana and Retail Marijuana in Colorado, pursuant to section 12-43.3-201, C.R.S.

  • Accepting Authority means the management of the company and includes an authorized representative of the company or any other person or body of persons empowered in this behalf by the company.

  • Balancing Authority or “BA” shall mean the responsible entity that integrates resource plans ahead of time, maintains load-interchange-generation balance within a Balancing Authority Area, and supports interconnection frequency in real-time.

  • Accounting Authority means the Board of PRASA;