Define: Conduit Lender
What does "Conduit Lender" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (Tesla, Inc., seen in 1 filing)
Conduit Lender means each commercial paper conduit that becomes a party hereto as a Conduit Lender pursuant to an Assumption Agreement or otherwise in accordance with this Agreement.
Source: Tesla, Inc. 10-K
Definition 2 (FEDEX CORP, seen in 1 filing)
Conduit Lender means any special purpose corporation organized and administered.
Source: FEDEX CORP 10-K
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.