Maximum Term. The term of the any such loan shall not exceed 5 years; provided, however, that such limitation shall not apply to any loan used to acquire, construct, reconstruct, or substantially rehabilitate any dwelling unit which within a reasonable time is to be sued (determined at the time the loan is made) as a principal residence of the Participant or a member of the Participant's family (within the meaning of Code Section 267(c)(4)).
Appears in 3 contracts
Samples: Scudder Investment Trust, Scudder Portfolio Trust/, Scudder Equity Trust
Maximum Term. The term of the any such loan shall not exceed 5 five years; provided, however, that such limitation shall not apply to any loan used to acquire, construct, reconstruct, or substantially rehabilitate any for the purchase of a dwelling unit which within a reasonable time is to be sued used (determined at the time the loan is made) as a principal residence of the Participant or a member of the Participant's family (within the meaning of Code Section 267(c)(4)).
Appears in 2 contracts
Samples: Associated Estates Realty Corp, United States Lime & Minerals Inc
Maximum Term. The term of the any such loan shall not exceed 5 five years; provided, however, that such limitation shall not apply to any loan used to acquire, construct, reconstruct, or substantially rehabilitate any for the purchase of a dwelling unit which within a reasonable time is to be sued used (determined at the time the loan is made) as a principal residence of the Participant or a member of the Participant's family (within the meaning of Code Section 267(c)(4)).. 12.06
Appears in 1 contract
Samples: United States Lime & Minerals Inc
Maximum Term. The term of the any such loan shall not exceed 5 years; provided, however, that such limitation shall not apply to any loan used to acquire, construct, reconstruct, or substantially rehabilitate any dwelling unit which within a reasonable time is to be sued used (determined at the time the loan is made) as a principal residence of the Participant or a member of the Participant's family (within the meaning of Code Section 267(c)(4))) of the Participant.
Appears in 1 contract
Samples: Scudder Gnma Fund
Maximum Term. The term of the any such loan shall not exceed 5 five years; ------------ provided, however, that such limitation shall not apply to any loan used to acquire, construct, reconstruct, or substantially rehabilitate any for the purchase of a dwelling unit which within a reasonable time is to be sued used (determined at the time the loan is made) as a principal residence of the Participant or a member of the Participant's family (within the meaning of Code Section 267(c)(4)).
Appears in 1 contract
Samples: Chandler Insurance Co LTD
Maximum Term. The term of the any such loan shall not exceed 5 years; provided, however, that such limitation shall not apply to any loan used to acquire, construct, reconstruct, or substantially rehabilitate any for the purchase of a dwelling unit which within a reasonable time is to be sued used (determined at the time the loan is made) as a principal residence of the Participant or a member of the Participant's family (within the meaning of Code Section 267(c)(4)).
Appears in 1 contract
Samples: Tro Learning Inc
