requisite lenders — USA Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 66 2/3% of the sum of unused commitments and outstanding loans under the loan agreement. Requisite lender approval is required for certain… … Law dictionary
requisite class lenders — USA Typically defined in a loan agreement to mean, as of any date, the required lenders within a class of loan under a loan agreement (for example, 50% of term lenders or 50% of revolving commitment lenders). Requisite class lender approval may… … Law dictionary
required lender — USA required lenders, Also known as majority lender. Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 50% of the sum of unused commitments and outstanding loans under the loan agreement. Required… … Law dictionary
majority lender — USA required lenders, Also known as majority lender. Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 50% of the sum of unused commitments and outstanding loans under the loan agreement. Required… … Law dictionary
required lenders — USA required lenders, Also known as majority lender. Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 50% of the sum of unused commitments and outstanding loans under the loan agreement. Required… … Law dictionary
majority lenders — USA required lenders, Also known as majority lender. Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 50% of the sum of unused commitments and outstanding loans under the loan agreement. Required… … Law dictionary
supermajority voting — USA This term has a number of meanings. In the context of: • Finance, it is also known as requisite lender voting. A requirement for the affirmative vote of lenders holding more than a majority (usually 66 2/3%) of the amount of unused… … Law dictionary
Real estate broker — This article is about the North American practice. For other definitions and practices in other countries, see Real estate. For real property, see Real property. Realtor redirects here. For the real estate industry trade association that refers… … Wikipedia
Christian views on alcohol — Jesus making wine from water in The Marriage at Cana, a 14th century fresco from the Visoki Dečani monastery. Christian views on alcohol are varied. Throughout the first 1,800 years of church history, Christians consumed alcoholic beverages as … Wikipedia
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
