National Housing Act Sample Clauses

National Housing Act. Subject to the terms and provisions of the Servicing Agreement referred to above, the Mortgage Loans hereby assigned will be administered and serviced by the Bank, as agent of Assignee, in accordance with the National Housing Act (Canada) and National Housing Regulations (Canada).

National Housing Act. If this Contract is an insured loan with CMHC as the hypothecary insurer, it is made according to the National Housing Act.

National Housing Act. If this Mortgage is a CMHC-insured Mortgage, this Mortgage is made pursuant to the National Housing Act, R.S.C. 1985, c.N-11, as amended or replaced from time to time.

National Housing Act. If the mortgage is an insured mortgage under the Canada National Housing Act, the mortgage is made pursuant to that Act.

National Housing Act. ‌ If the Charge secures a loan which is insured by CMHC or another loan insurer or is securitized in accordance with Section 21 above (the “Insured Loan”), the following provisions shall apply notwithstanding any other provision contained in the Charge or any Credit Agreements:

National Housing Act. If the contract is an insured contract under the Canada National Housing Act, the contract is made pursuant to that Act.

National Housing Act. If the mortgage is an insured loan with CMHC as the mortgage insurer, it is made according to the National Housing Act. Part of mortgage invalid If any part of the mortgage is found to be illegal or unenforceable, the validity or enforceability of all other parts of the mortgage will not be affected.

National Housing Act. If this Mortgage is insured by the Canada Mortgage and Housing Corporation (or its successors or assigns), this Mortgage shall also be governed by the provisions of the National Housing Act.

National Housing Act. None of the Mortgage Loans are insured under Section 203(k) of the National Housing Act. None of the Mortgage Loans are insured under sections 235, 245 or 265 of the National Housing Act.

National Housing Act. ‌ If the mortgage is CMHC insured, it is made according to the National Housing Act.