Defaulting Lender definition: Copy, customize, and use instantly
Introduction
The term "Defaulting Lender" refers to a lender who fails to meet their obligations under the terms of a loan agreement. This failure could involve not providing the required funds, defaulting on a repayment schedule, or violating other terms outlined in the agreement. The inclusion of this term is essential for identifying the consequences and remedies available when a lender defaults, which may affect the loan's enforceability and the relationship between parties.
Below are various examples of how "Defaulting Lender" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Defaulting Lender" as a non-performing party
This definition ties "Defaulting Lender" to a lender's non-performance under the loan agreement.
"Defaulting Lender" means any lender who fails to fulfill its financial obligations under the loan agreement, including failure to advance funds, repay amounts due, or otherwise comply with the terms of the loan.
Definition of "Defaulting Lender" as a lender in breach of contract
This definition connects "Defaulting Lender" to breach of contract.
"Defaulting Lender" refers to a lender who has breached the terms of the loan agreement by failing to provide the agreed-upon funds or by not meeting payment obligations as outlined in the agreement.
Definition of "Defaulting Lender" as a lender failing to contribute to the loan
This definition links "Defaulting Lender" to their failure to contribute to the loan as agreed.
"Defaulting Lender" means a lender who has failed to contribute the required funds to the loan facility, whether due to non-payment, refusal, or other failure to perform according to the loan agreement.
Definition of "Defaulting Lender" as a party that fails to make timely payments
This definition applies "Defaulting Lender" to a lender's failure to make timely payments.
"Defaulting Lender" refers to a lender that fails to make any required payments in a timely manner under the loan agreement, including interest payments or principal repayments.
Definition of "Defaulting Lender" as a lender violating contractual terms
This definition ties "Defaulting Lender" to violations of the loan contract terms.
"Defaulting Lender" means any lender who violates any of the material terms of the loan agreement, including failing to perform funding obligations or abiding by specified timelines and conditions.
Definition of "Defaulting Lender" as a party in non-compliance
This definition connects "Defaulting Lender" to non-compliance with the contract.
"Defaulting Lender" refers to any lender that is in non-compliance with the terms and obligations set forth in the loan agreement, including but not limited to failing to advance funds or defaulting on repayments.
Definition of "Defaulting Lender" as a lender not fulfilling obligations
This definition links "Defaulting Lender" to a lender's failure to fulfill its obligations.
"Defaulting Lender" means a lender who has not fulfilled its obligations under the loan agreement, including non-payment, failure to fund, or failure to comply with other provisions.
Definition of "Defaulting Lender" as a lender failing to adhere to terms
This definition applies "Defaulting Lender" to a lender's failure to adhere to the loan's terms.
"Defaulting Lender" refers to any lender who has failed to adhere to the agreed terms of the loan, including missing payments, failing to meet funding requirements, or other non-performance.
Definition of "Defaulting Lender" as a lender in breach of funding obligations
This definition ties "Defaulting Lender" specifically to funding obligations.
"Defaulting Lender" means a lender who has breached its funding obligations by failing to provide the required capital or financial support as stipulated in the loan agreement.
Definition of "Defaulting Lender" as a party that fails to perform
This definition connects "Defaulting Lender" to the failure to perform according to the loan agreement.
"Defaulting Lender" refers to a lender who has failed to perform any of its obligations under the loan agreement, whether in providing funds or complying with any other contractual terms.
Definition of "Defaulting Lender" as a non-contributing lender
This definition links "Defaulting Lender" to a lender's failure to contribute.
"Defaulting Lender" means any lender who does not contribute to the loan, whether by failing to disburse funds or refusing to meet its capital commitments as per the loan agreement.
Definition of "Defaulting Lender" as a lender that breaches funding obligations
This definition ties "Defaulting Lender" specifically to breach of funding obligations.
"Defaulting Lender" refers to any lender who breaches its funding obligations by failing to provide the necessary capital or financial contributions to the loan facility as agreed.
Definition of "Defaulting Lender" as a lender with overdue obligations
This definition connects "Defaulting Lender" to overdue obligations.
"Defaulting Lender" means a lender who has overdue obligations under the loan agreement, including failure to meet financial obligations on time or defaulting on scheduled payments.
Definition of "Defaulting Lender" as a lender not providing required funds
This definition links "Defaulting Lender" to a lender's failure to provide required funds.
"Defaulting Lender" refers to a lender who does not provide the required funds to the loan facility, thereby failing to meet the contractual obligations for capital disbursement.
Definition of "Defaulting Lender" as a non-compliant party in the lending agreement
This definition applies "Defaulting Lender" to non-compliance in the lending agreement.
"Defaulting Lender" means a lender that is non-compliant with the terms of the lending agreement, including failure to fund, repay, or meet other terms specified in the contract.
Definition of "Defaulting Lender" as a lender failing to meet financial obligations
This definition ties "Defaulting Lender" to a lender’s failure to meet financial obligations.
"Defaulting Lender" refers to a lender who fails to meet the financial obligations under the loan agreement, including but not limited to failure to provide funds or repay the loan as agreed.
Definition of "Defaulting Lender" as a lender in breach of loan terms
This definition connects "Defaulting Lender" to a breach of loan terms.
"Defaulting Lender" means a lender who is in breach of the loan terms, specifically by failing to advance the necessary funds or failing to comply with other key provisions of the agreement.
Definition of "Defaulting Lender" as a lender with unfulfilled obligations
This definition links "Defaulting Lender" to unfulfilled obligations.
"Defaulting Lender" refers to a lender who has unfulfilled obligations under the loan agreement, including failure to provide funding or meet any other required terms.
Definition of "Defaulting Lender" as a lender failing to provide agreed capital
This definition ties "Defaulting Lender" to their failure to provide capital as agreed.
"Defaulting Lender" means a lender who fails to provide the agreed-upon capital or funding contributions under the terms of the loan agreement.
Definition of "Defaulting Lender" as a lender not fulfilling financial obligations
This definition connects "Defaulting Lender" to non-fulfillment of financial obligations.
"Defaulting Lender" refers to any lender who fails to fulfill its financial obligations, such as providing funds or making timely payments as specified in the loan agreement.
Definition of "Defaulting Lender" as a lender in violation of contract terms
This definition links "Defaulting Lender" to violations of contract terms.
"Defaulting Lender" means a lender who is in violation of the loan agreement, including failure to contribute funds, make required payments, or otherwise adhere to agreed terms.
Definition of "Defaulting Lender" as a party that does not meet funding requirements
This definition applies "Defaulting Lender" to a lender's failure to meet funding requirements.
"Defaulting Lender" refers to a lender who does not meet the required funding or capital contribution as outlined in the loan agreement.
Definition of "Defaulting Lender" as a lender that breaches the loan agreement
This definition ties "Defaulting Lender" to breaches of the loan agreement.
"Defaulting Lender" means a lender who breaches the loan agreement by failing to provide the required funds, make payments, or comply with other provisions of the agreement.
Definition of "Defaulting Lender" as a lender not complying with loan terms
This definition connects "Defaulting Lender" to non-compliance with loan terms.
"Defaulting Lender" refers to any lender who does not comply with the terms of the loan, including failure to advance the agreed-upon funds or repay the loan in a timely manner.
Definition of "Defaulting Lender" as a non-performing lender
This definition links "Defaulting Lender" to a non-performing lender.
"Defaulting Lender" means a lender who is considered non-performing due to failure to meet any of the obligations set forth in the loan agreement.
Definition of "Defaulting Lender" as a lender in default of its obligations
This definition applies "Defaulting Lender" to a lender's default of obligations.
"Defaulting Lender" refers to a lender who is in default of its obligations, including failure to provide funds or comply with loan covenants.
Definition of "Defaulting Lender" as a lender who fails to advance funds
This definition ties "Defaulting Lender" to the failure to advance funds.
"Defaulting Lender" means any lender who fails to advance the agreed-upon funds as specified in the loan agreement.
Definition of "Defaulting Lender" as a lender that defaults on financial commitments
This definition connects "Defaulting Lender" to defaults on financial commitments.
"Defaulting Lender" refers to a lender who defaults on its financial commitments, including failure to provide capital contributions or repay any amounts due.
Definition of "Defaulting Lender" as a lender who fails to meet payment deadlines
This definition links "Defaulting Lender" to missed payment deadlines.
"Defaulting Lender" means a lender who fails to meet payment deadlines, including interest payments or repayment of principal, as outlined in the loan agreement.
Definition of "Defaulting Lender" as a lender violating loan covenants
This definition applies "Defaulting Lender" to violations of loan covenants.
"Defaulting Lender" refers to a lender who violates the covenants of the loan agreement, including failure to fund, repay, or comply with any terms that are material to the agreement.
Definition of "Defaulting Lender" as a lender that causes a breach
This definition ties "Defaulting Lender" to causing a breach of the agreement.
"Defaulting Lender" means a lender whose failure to meet its obligations causes a breach of the loan agreement or impacts the performance of the loan facility.
Definition of "Defaulting Lender" as a lender who does not provide the loan amount
This definition connects "Defaulting Lender" to failure to provide the loan amount.
"Defaulting Lender" refers to any lender who fails to provide the loan amount or funding as agreed in the loan agreement.
Definition of "Defaulting Lender" as a lender causing delay in loan execution
This definition links "Defaulting Lender" to delays in loan execution.
"Defaulting Lender" means a lender whose failure to meet financial obligations causes a delay in the execution or funding of the loan transaction.
Definition of "Defaulting Lender" as a lender who fails to contribute to the facility
This definition applies "Defaulting Lender" to non-contribution to the loan facility.
"Defaulting Lender" refers to a lender who fails to contribute to the loan facility in the agreed manner, including failure to provide the requisite funding on time.
Definition of "Defaulting Lender" as a lender in breach of payment obligations
This definition ties "Defaulting Lender" to a breach of payment obligations.
"Defaulting Lender" means a lender who breaches its payment obligations by failing to make required payments, including principal, interest, or fees due under the loan agreement.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.