Lender responsibilities Sample Clauses

Lender responsibilities. The lender is responsible for servicing the entire loan in accordance with the lender’s loan agreement. The unguaranteed por- tion of the loan will not be paid first nor given any preference or priority over the guaranteed portion of the loan. The lender is responsible for tak- ing all servicing actions that a prudent lender would perform in servicing a portfolio of loans that are not xxxxxx- xxxx. This responsibility includes, but is not limited to, the collection of pay- ments; obtaining compliance with the covenants and provisions in the note, loan agreement, security instrument, or any supplemental agreements; ob- taining and analyzing financial state- ments; verifying the payment of taxes and insurance premiums; and main- taining liens on collateral. The lender must notify the Agency of any xxxxx- tion of the loan agreement with the borrower within 30 days of such xxxxx- tion.
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Lender responsibilities. When a Loan Note Guarantee or Assignment Guarantee Agreement is lost, stolen, destroyed, mutilated, or defaced while in the custody of the lender or holder, the lender will coordinate the activi- ties of the party who seeks the replace- ment documents and will submit the required documents to the Agency for processing. The requirements for re- placement are as follows: (1) A certificate of loss properly nota- rized which includes: (i) Legal name and present address of either the lender or the holder who is requesting the replacement forms; (ii) Legal name and address of the lender of record; (iii) Capacity of person certifying; (iv) Full identification of the Loan Note Guarantee or Assignment Guar- xxxxx Agreement, including the name of the borrower, Agency case number, date of the Loan Note Guarantee, As- signment Guarantee Agreement, face amount of the evidence of debt pur- chased, date of evidence of debt, present balance of the loan, percent- ages of guarantee and, if Assignment Guarantee Agreement, the original named holder and the percentage of the guaranteed portion of the loan assigned to that holder. Any existing parts of the document to be replaced must be attached to the certificate; (v) A full statement of circumstances of the loss, theft, or destruction of the Loan Note Guarantee or Assignment Guarantee Agreement; and (vi) The holder shall present evidence demonstrating current ownership of the Loan Note Guarantee and Note or Assignment Guarantee Agreement. If the present holder is not the same as the original holder, a copy of the en- dorsement of each successive holder in the chain of transfer from the initial holder to present holder must be in- cluded. If copies of the endorsement cannot be obtained, best available records of transfer must be presented to the Agency (e.g., order confirma- tion, canceled checks). (2) An indemnity bond acceptable to the Agency shall accompany the re- quest for replacement except when the holder is the United States, a Federal Reserve Bank, a Federal Government corporation, a State or Territory, or the District of Columbia. (3) All indemnity bonds must be issued and payable to the United States of America. The bond shall be in an amount not less than the unpaid principal and interest. The bond shall hold the Government harmless against any claim or demand which might arise or against any damage, loss, costs, or expenses which might be sustained or incurred by reasons of the loss or re- placement of the instru...
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Lender responsibilities. The lender is responsible for: (1) Monitoring the borrower’s compli- ance with the shared appreciation agreement; (2) Notifying the borrower of the amount of recapture due; and, (3) Beginning October 1, 1999, a notice of the agreement’s provisions not later than 12 months before the end of the agreement; and (4) Reimbursing the Agency for its pro-rata share of recapture due.
Sample 1Sample 2
Lender responsibilities. When a Loan Note Guarantee or Assignment Guarantee Agreement is lost, stolen, destroyed, mutilated, or defaced while in the custody of the lender or holder, the lender will coordinate the activi- ties of the party who seeks the replace- ment documents and will submit the required documents to the Agency for processing. The requirements for re- placement are as follows: (1) A certificate of loss properly nota- rized which includes:
Sample 1Sample 2
Lender responsibilities. The lender must protect the guaranteed loan debt and all collateral securing the loan in bankruptcy proceedings. The lender’s responsibilities include, but are not limited to: (1) Filing a proof of claim where re- quired and all the necessary papers and pleadings; (2) Attending, and where necessary, participating in meetings of the credi- tors and court proceedings;
Sample 1
Lender responsibilities. The lender is responsible for servicing the entire loan in accordance with the lender’s loan agreement. The unguaranteed por- tion of the loan will not be paid first nor given any preference or priority over the guaranteed portion of the loan. The lender is responsible for tak- ing all servicing actions that a prudent lender would perform in servicing a portfolio of loans that are not xxxxxx- xxxx. This responsibility includes, but is not limited to, the collection of pay- ments; obtaining compliance with the covenants and provisions in the note, loan agreement, security instrument,
Sample 1
Lender responsibilities. When a Loan Note Guarantee or Assignment Guarantee Agreement is lost, stolen, destroyed, mutilated, or defaced while in the custody of the lender or holder, the lender will coordinate the activi- ties of the party who seeks the replace- ment documents and will submit the required documents to the Agency for processing. The requirements for re- placement are as follows: (1) A certificate of loss properly nota- rized which includes: (i) Legal name and present address of either the lender or the holder who is requesting the replacement forms; (ii) Legal name and address of the lender of record; (iii) Capacity of person certifying; (iv) Full identification of the Loan Note Guarantee or Assignment Guar- xxxxx Agreement, including the name of the borrower, Agency case number, date of the Loan Note Guarantee, As- signment Guarantee Agreement, face amount of the evidence of debt pur-
Sample 1
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Lender responsibilities. The lender must protect the guaranteed loan debt and all collateral securing the loan in bankruptcy proceedings. The lender’s responsibilities include, but are not limited to: (1) Filing a proof of claim where re- quired and all the necessary papers and pleadings; (2) Attending, and where necessary, participating in meetings of the credi- tors and court proceedings; (3) Protecting the collateral securing the guaranteed loan and resisting any adverse changes that may be made to the collateral; (4) Seeking a dismissal of the bank- ruptcy proceeding when the operation as proposed by the borrower to the bankruptcy court is not feasible; (5) When permitted by the bank- ruptcy code, requesting a modification of any plan of reorganization if it ap- pears additional recoveries are likely. (6) Monitor confirmed plans under chapters 11, 12 and 13 of the bankruptcy code to determine borrower compli- ance. If the borrower fails to comply, the lender will seek a dismissal of the reorganization plan; and (7) Keeping the Agency regularly in- formed in writing on all aspects of the proceedings. (i) The lender will submit a default status report when the borrower de- faults and every 60 days until the de- fault is resolved or a final loss claim is paid. (ii) The default status report will be used to inform the Agency of the bank- ruptcy filing, the reorganization plan confirmation date and effective date, when the reorganization plan is com- plete, and when the borrower is not in compliance with the reorganization plan.
Sample 1

Related to Lender responsibilities

  • Engineer Responsibilities No subcontract relieves the Engineer of any responsibilities under this contract.

  • Owner Responsibilities The project owner or the engineer or architect of record acting as the owner’s agent shall fund special inspection services.

  • Member Responsibilities The Member’s responsibilities shall include, but are not limited to: 3.17.1. Inform the CONTRACTOR of the loss or theft of ID cards, 3.17.2. Present ID cards when using health care services, 3.17.3. Be familiar with the CONTRACTOR’s Health Plan Procedures to the best of their abilities, 3.17.4. Call or contact the CONTRACTOR to obtain information and have questions clarified, 3.17.5. Provide participating network Providers with accurate and complete medical information, 3.17.6. Follow the prescribed course of care recommended by the Provider or let the Provider know the reasons the treatment cannot be followed, as soon as possible, And 3.17.7. Make every effort to keep a scheduled appointment or cancel an appointment in advance of when it is scheduled.

  • Provider Responsibilities The Private Child-Caring Facility (PCC) (a.k.a., Provider) must comply with the following requirements:

  • User Responsibilities i. Users are required to follow good security practices in the selection and use of passwords; ii. Users shall ensure that unattended equipment is protected; and iii. Users shall adopt a clear desk policy for papers and removable storage media and a clear screen policy for information processing facilities.

  • Other Responsibilities The Responsibility factors also take account of any responsibility the jobholder may have through the provision of advice and guidance on policies and procedures, research or the adaptation or development of existing or new policies and procedures. An assessment tool has been developed to help ensure that advisory, policy and similar ‘hands off’ responsibilities, such as research or democratic services, are correctly measured and allocated to the appropriate Responsibility factor. It is recommended that jobs are first evaluated on their ‘hands on’ responsibilities under each Responsibility factor and that an assessment is then made of the level of advisory/policy responsibilities and the factor to which it should be allocated.

  • Our Responsibilities This notice describes how medical information about you may be used and disclosed and how you can get access to this information. This notice took effect on September 23, 2013. We are required to maintain the privacy of your protected health information and we will follow the terms of this notice while it is in effect. • Your past, present, or future physical or mental health or condition • Providing you health care • The past, present, or future payment for providing you health care We collect your information as necessary to provide you with health insurance products and services and to administer our business. We may also disclose this information to nonaffiliated third parties as described in this notice. The types of information we may collect and disclose include: • Information you or your employer provide on applications and other forms, such as names, addresses, social security numbers, and dates of birth • Information about your interactions with us or others (such as providers) regarding your medical information or claims • Information you provide in person, by phone, in email, or through visits to our website • You can ask to see or get a copy of your health and claims records and other health information we have about you. • We will provide a copy or a summary of your health and claims records, usually within 30 days of your request. We may charge a reasonable, cost-based fee. • We may ask that you submit your request in writing. Please note, if you want to obtain copies of your medical records, you should contact the practitioner or facility. We do not generate, modify, or maintain complete medical records. • You may also request that we send a copy of your information to a third party. We may ask that you submit a written, signed authorization form permitting us to do so and we may charge a reasonable fee for copying and mailing your personal information. • You can ask us to correct your health and claims records if you think they are incorrect or incomplete. • We may say no to your request, but we’ll tell you why in writing within 60 days. • You can ask us to contact you in a specific way (for example, home or office phone) or to send mail to a different address. • We will consider all reasonable requests, and must say “yes” if you tell us you would be in danger if we do not. • All requests should be made in writing. • It may take a short period of time for us to implement your request. • We will comply with your request if it is reasonable and continues to permit us to collect premiums and pay claims under your policy, including issuing certain explanations of benefits and policy information to the BlueShield of Northeastern New York is a division of HealthNow New York Inc., an independent licensee of the BlueCross BlueShield Association. 15049R_NENY_12_19 f11011 subscriber of the policy. For example, even if you request confidential communications: ο We will mail the check for services you receive from a nonparticipating provider to you but made payable to the subscriber ο Accumulated payment information such as deductibles (in which your information might appear), will continue to appear on explanations of benefits sent to the subscriber ο We may disclose to the subscriber, as the contract holder, policy details such as eligibility status or certificates of coverage • You can ask us not to use or share certain health information for treatment, payment, or our operations. • We are not required to agree to your request, but if we do, we will abide by our agreement (except when necessary for treatment in an emergency). • You have the right to authorize individuals to act on your behalf with respect to your information. You must identify your authorized representatives on a HIPAA-compliant authorization form (available on our website) and explain what type of information they may receive. • You have the right to revoke an authorization except for actions already taken based on your authorization. • You can complain if you feel we have violated your rights by contacting us using the information listed on page 4. • You can file a complaint with the U.S. Department of Health and Human Services Office for Civil Rights. • We will not retaliate against you for filing a complaint. • With your family, close friends, or others involved with your health care or payment for your care when you are present and have given us permission to do so. If you are not present, if it is an emergency, or you are not able to give us permission, we may give your information to a family member, friend, or other person if sharing your information is in your best interest. In these cases, the person requesting your information must accurately verify details about you (e.g., name, identification number, date of birth, etc.) and prove involvement with your health care or payment for your health care by providing details relevant to the information requested. For example, if a family member calls us with prior knowledge of a claim (e.g., provider’s name, date of service, etc.), we may confirm the claim’s status, patient responsibility, etc. We will only disclose information directly relevant to that person’s involvement with your health care or payment for your health care. • In a disaster relief situation. In these cases we never share your information unless you give us written permission: • Marketing purposes • Sale of your information • Disclose your psychotherapy notes • Make certain disclosures of information considered sensitive in nature, such as HIV/AIDS, mental health, alcohol or drug dependency, and sexually transmitted diseases. Certain federal and state laws require that we limit how we disclose this information. In general, unless we obtain your written authorization, we will only disclose such information as provided for in applicable laws. We typically use or share your health information in the following ways: • We can use your health information and share it with professionals who are treating you.

  • Vendor Responsibilities Note: NO EXCEPTIONS OR REVISIONS WILL BE CONSIDERED IN C-M, O-S, V-W. Indemnification

  • IRO Responsibilities The IRO shall: 1. perform each Claims Review in accordance with the specific requirements of the CIA;

  • Customer Responsibilities Notwithstanding the above, Customer agrees that except as provided by this DPA, Customer is responsible for its secure use of the Services, including securing its account authentication credentials, protecting the security of Customer Data when in transit to and from the Services and taking any appropriate steps to securely encrypt or backup any Customer Data uploaded to the Services.

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