Amendments Resulting in Reductions in Security Sample Clauses

Amendments Resulting in Reductions in Security. No Amendment to this Agreement which may result in the reduction of the value of the security granted to the Administrator, other than an amendment to correct a clerical or mathematical error, shall be made without written permission of the Minister, except where:
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Related to Amendments Resulting in Reductions in Security

  • REDUCTIONS IN FORCE Sec. 2401

  • No Restriction on Existing Examination and Investigative Authority That this Agreement shall in no way preclude any State Mortgage Regulator from exercising its examination or investigative authority authorized under the laws of the corresponding Participating State in the instance a determination is made wherein Respondent is found not to be adhering to the requirements of the Agreement, other than inadvertent and isolated errors that are promptly corrected by Respondent, or involving any unrelated matter not subject to the terms of this Agreement. The Parties agree that the failure of Respondent to comply with any term or condition of this Agreement with respect to a particular State shall be treated as a violation of an Order of the State and may be enforced as such. Moreover, Respondent acknowledges and agrees that this Agreement is only binding on the State Mortgage Regulators and not any other Local, State or Federal Agency, Department or Office.

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