How is Institutional Lender defined in a legal contract?
- Institutional Lender means one or more entities such as commercial banks, savings banks, trust companies, credit unions, insurance companies, pension funds, business trusts, that are regularly engaged in financing the purchase, construction, or improvement of real estate. It may also include any assignee of loans made by such entities, or any combination thereof.
Seen in 52 SEC filings - Institutional Lender means any entity such as a bank, savings and loan association, trust company, charitable foundation, insurance or pension and/or annuity company, pension or profit sharing trust or fund, investment company, broker or dealer, or any government body involved in managing public funds, provided each has substantial net assets and is in the business of making commercial mortgage loans.
Seen in 40 SEC filings - Institutional Lender means each financial institution, other than specific types of lenders, which may at any time become a lender by agreeing to the terms of the loan agreement.
Seen in 39 SEC filings - Institutional Lender means an organization such as a savings bank, commercial bank or trust company, insurance company, real estate investment trust, or an entity that regularly issues or holds mortgage loans secured by commercial or multifamily properties. However, such entities should have individual or combined assets of not less than a substantial value.
Seen in 38 SEC filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of institutional lender’ yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Institutional Lender means a bank, trust company, insurance company, pension fund, broker, or government body that engages in financing real estate.
Relevant Contract Types
- Real Estate Financing Agreement
- Mortgage Loan Agreement
- Corporate Loan Agreement
- Debt Restructuring Agreement
Relevant Circumstances
- Purchasing or construction of real estate
- Commercial mortgage lending
- Debt financing and restructuring
Relevant Sectors
Genie Definition 2
Institutional Lender means a financial entity involved in issuing or holding mortgage loans secured by commercial or property developments.
Relevant Contract Types
Relevant Circumstances
- Building or purchasing commercial or multi-family properties
- Mortgage loan origination and servicing
Relevant Sectors
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Institutional Lender means a bank, trust company, insurance company, pension fund, broker, or government body that engages in financing real estate
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