Eligible Borrowers Sample Clauses

Eligible Borrowers. BUYERS. Bank may lend securities only to such securities brokers and dealers or other person or entities as are listed in the attached Exhibit A, as amended from time to time ("Borrowers"), unless and until otherwise instructed in writing by Principal. Bank may engage in reverse repurchase agreement transactions on Principal's behalf with only those brokers and dealers or other person or entities as are listed on the attached Exhibit A, as amended from time to time ("Buyers"), unless and until otherwise instructed in writing by Principal. All securities lending transactions and reverse repurchase agreement transactions entered into by Bank hereunder shall be entered into pursuant to related agreements between the Borrowers or Buyers, as the case may be, and Bank on behalf of Principal. Principal's execution of Exhibits A, B, and C or any amendment to Exhibits A, B, or C shall constitute Principal's representation and agreement that it has received, read, and understood the terms of each such agreement in respect of each Borrower or Buyer, as the case may be, listed thereon. Principal hereby (i) represents and warrants to Bank (which representations shall be deemed repeated at and as of all times when this Addendum is in effect) that Principal has the power and authority, and has taken all necessary action, to enter into this Addendum and each such agreement, and to perform the obligations of a lender or seller, as the case may be, under such transactions, and to authorize Bank to execute and deliver each such agreement on Principal's behalf and to enter into such transactions and to perform the obligations of a lender or seller, as the case may be, under such transactions on behalf of Principal, and (ii) authorizes Bank to execute and deliver each such agreement on Principal's behalf and to enter into any transaction of a nature contemplated by any such agreement on behalf of Principal and to perform the obligations of a lender or seller, as the case may be, under such transactions on behalf of Principal and (iii) has furnished 2 or will furnish Bank with evidence satisfactory to Bank that Principal has all necessary authority to enter into this Addendum and each of the transactions contemplated hereby. Bank shall have full unlimited power and authority to perform and each and every act or thing it may in its discretion deem necessary or appropriate in respect of any Securities Lending Agreement or Reverse Repurchase Agreement or any securities loan or any...

Eligible Borrowers. (11) Eligible borrowers under Estia are either individuals who contracted a mortgage loan or micro businesses and small businesses which received a business loan. The Scheme has common eligibility criteria for both types of borrowers. (12) In addition to the NPE Criteria, borrowers will have to fulfil a set of cumulative means-based criteria to verify their income and debt-servicing capacity (the "Means Criteria"). (a) the total gross annual household income4 of the borrower does not exceed • EUR 60,000 for an applicant and his/her spouse that have at least 4 dependent family members; • EUR 55,000 for an applicant and his/her spouse that have 3 dependent family members; • EUR 50,000 for an applicant and his/her spouse that have 2 dependent family members; • EUR 45,000 for an applicant and his/her spouse that have 1 dependent family member; • EUR 35,000 for an applicant and his/her spouse without dependent family members; • EUR 20,000 for single applicants. (b) the remaining household net wealth of the borrower excluding the main residence (i.e. the household's wealth, other than the main residence, less current borrowings) should not exceed 80% of the MV of the main residence, and in any case not exceed EUR 250,000; and (c) the borrower has been resident in the European Union since 2013. Borrowers will still be deemed to have fulfilled this requirement in the case of (a) one month’s absence abroad, (b) absence for medical reasons, and/or (c) temporary absence for educational purposes. (13) In the case of micro businesses and small businesses, the Means Criteria will be applied both to the small business owner as well as to the legal owner of the main residence, who will assume the responsibility to repay the restructured loan (to the extent that he/she is different from the owner of the small business). The value 4 A “household”, for the purposes of calculating income and wealth, means the income of the borrower (and in the case of the borrower being a legal entity, of its main shareholder), his/her spouse/civil union partner and their children who have not completed 18 years of age if they were living in the same residence as the borrower as of 30 September 2017. A main shareholder means someone controlling more than 50% of a legal entity’s shares. of the business will be taken into account for calculating the wealth of the borrower. (14) In practice, the combination of these eligibility conditions entails that, de facto, only businesses with small size, ...

Eligible Borrowers. The school must determine that an NFLP loan applicant is eligible before making the loan. To be eligible to receive an NFLP loan, a borrower must: Be a U.S. citizen or national of the U.S, or a lawful permanent resident of the U.S. and its territories; 2 Be enrolled as a student in good standing in an advanced nurse education program at the school; Maintain “good academic standing” according to the school while enrolled in the advanced nurse education program; and Have no judgment liens entered against him/her based on the default on a federal debt, 28 U.S.C. 3201(e). The school will make NFLP loans to eligible students for the cost of tuition, fees, books, lab expenses, and other reasonable education expenses. The school should offer full support or the amount requested by the student to cover the full or partial tuition/fees on a first-come-first-serve basis for an academic year until funds are expended. An NFLP loan may not exceed $35,500 per student for any academic period (such amounts shall be adjusted to provide for cost of attendance (that is, the cost of tuition, fees, books laboratory expenses, and other reasonable education expenses, increase for the yearly loan rate, and the aggregate loan), not to exceed five years of support to a student. The school must develop student budgets that treat students within groups consistently, but are sensitive to individual circumstances. The school must send a loan award notification letter to each student. The award letter must require the student’s signature to indicate acceptance or rejection of the NFLP loan and the return of this document to the school. The school must provide the student with a copy of this document. The school must execute an NFLP Promissory Note when making an NFLP loan. (EXHIBIT A) Modification of the Promissory Note requires prior approval of HHS. The borrower must sign the Promissory Note prior to disbursement of loan funds. It is not necessary to have a separate Promissory Note signed each time a student receives an advance of funds. The school must give the borrower a copy of each note. Any NFLP statutory amendment affecting the terms of the NFLP loan requires an amended Promissory Note for future loans and, in some circumstances, an amendment to previously executed Promissory Notes. The school must disburse the NFLP loan in payments not to exceed the amounts needed by the borrower for the relevant period of time. The borrower must complete the specified education component(s) fo...

Eligible Borrowers. The Secretary may guarantee or insure loans under subsection (a) to both for-profit and non- profit borrowers. (Pub. L. 93–262, title II, § 201, Apr. 12, 1974, 88 Stat. 79; Pub. L. 98–449, § 4, Oct. 4, 1984, 98 Stat. 1725; Pub. L. 109–221, title IV, § 401(a), May 12, 2006, 120 Stat. 341.) 2006—Pub. L. 109–221, § 401(a)(1), (2), (4), inserted sec- tion catchline, designated existing provisions as sub- sec. (a) and inserted heading, substituted ‘‘the Sec- retary may— (1) guarantee’’ for ‘‘Secretary is authorized (a) to guarantee’’, and added subsec. (b). Pub. L. 109–221, § 401(a)(3), which directed substitution of ‘‘members; or (2) insure’’ for ‘‘members; and (b) in lieu of such guaranty, to in- sure’’, was executed by making the substitution for ‘‘and (b) in lieu of such guaranty, to insure’’ to reflect the probable intent of Congress and the amendment by Pub. L. 98–449. See 1984 Amendment note below. 1984—Pub. L. 98–449 struck out ‘‘who are not members of or eligible for membership in an organization which is making loans to its members’’ before ‘‘; and (b)’’.

Eligible Borrowers. The school must determine that an NFLP loan applicant is eligible before making the loan. To be eligible to receive an NFLP loan, a borrower must: 1. Be a U.S. citizen or national of the U.S, or a lawful permanent resident of the U.S. and its territories; 2. Be enrolled as a student in good standing in an advanced nurse education program at the school; 3. Maintain “good academic standing” according to the school while enrolled in the advanced nurse education program; and 4. Have no judgment liens entered against him/her based on the default on a federal debt, 28 U.S.C. 3201(e).

Eligible Borrowers. Individuals only. All borrowers on the original mortgage loan which is being refinanced must be parties to the refinance transaction. Non-occupying co-borrowers cannot be added to the new mortgage loan. They are permitted only

Eligible Borrowers. The Borrower must be legally organized as a single-asset entity, or entity that holds title only to MHSA or SNHP Developments, or as otherwise approved by Participant.

Eligible Borrowers. Owners of 1-4 unit residential properties within the Columbia Park Neighborhood who meet the program guideline criteria

Eligible Borrowers. Borrower means a person who, as landowner, landlord, operator, pro- ducer, tenant, leaseholder, share- cropper, or processor of domestically produced sugarcane or sugar beets:

Eligible Borrowers. All borrowers must be legally residing in the United States and may include: U.S. Citizens, Permanent Resident Aliens and Non-Permanent Aliens