Regulatory Treatment. The Services are not a telephone service and are subject to different regulatory treatment than telephone service. This treatment may limit or otherwise affect Customer and end-user rights of redress before any federal, state, or local regulatory agencies. Customer acknowledges and understands that the regulatory requirements applicable to VoIP services are currently under development and may be subject to change or clarification. In the event that any government or any regulatory agency with authority over Apptix and/or the Services provided pursuant to this Agreement makes any determination that the provision of the Services as contemplated in this Agreement is unlawful or if any such agency issues any order, rule or decision, or otherwise takes any action, that imposes additional obligations on Apptix, or materially increases the costs, performance burden or risks to Apptix, then Apptix may either (i) terminate this Agreement without liability upon sixty (60) days written notice to Customer (or such shorter period as is available to Apptix before such action is effective) or (ii) with sixty days notice to Customer, pass such increased costs through to Customer and Customer may terminate this Agreement without liability by delivering written notice of termination no later than sixty (60) days after the effective date of any rate increase.
Regulatory Treatment. All assets are eligible for CRA investment or lending tests. While not HMDA-reportable, NLS will provide HMDA-formatted reports for participants to facilitate regulatory dialogue. What are the possible risk factors and what are mitigating factors? NLS has identified some possible risk factors that could affect the portfolio performance or NLS’ ability to originate loans to fill the commitments. NLS also has identified how these risk factors can be mitigated by NLS’ operations when possible. Delinquencies and charge offs could rise if property values and/or the economy declines. This is a material risk as the target borrower population is often more susceptible to changes in market conditions. The loss reserve of 5% of originations will mitigate this risk to some extent. The 8.5 year performance of the loans originated under the 1/1/2010 Underwriting Guidelines is a reasonable view of our borrower profile. The asset duration could rise as rates rise and the portfolio lasts longer than expected. The projected duration is 25 years; but rising interest rates could extend duration. However, more refinance opportunities for higher LTV loans could offset this trend if property appreciation accelerates within these communities. NLS will also make best efforts to market the portfolio for sale to an outside investor beginning in 2027. The Investors will then determine whether the entire portfolio shall be sold before the loan maturities date. Loan loss mitigation servicing, custody, and reporting are mishandled and create delays and losses. The foreclosure process in Cook County currently averages over 500 days. However the court procedures and requirements for the presentation of original loan documents at the time of a foreclosure case filing have helped to alleviate delays in the process once it starts. Additionally, NLS holds regular meetings with the Sub-Servicer to discuss any delayed foreclosure cases. Since the move to RPMS we have seen an increase in borrowers entering into repayment plans prior to initiation of the foreclosure process. NLS itself encounters income, cash flow, liquidity and/or solvency problems that complicate NLS’ ability sell assets or repay any direct credit. NLS has strengthened its balance sheet in recent years, and programs such as the 2019 PSSA further ensure its financial health. Delinquency percentages on remaining assets in later years are much higher than even NLS expects as events unpredicted in ensuing decade could create high ...
Regulatory Treatment. The Company shall use its reasonable best efforts to qualify the Debentures as investments that qualify for the coverage of insurance technical provisions for European life and non-life insurance companies; provided, however, that (i) the Company shall not be required to modify the terms and conditions of the Debenture Documentation and (ii) no changes may be made to the Debentures to the extent inconsistent with the treatment of the Debentures as indebtedness for U.S. federal income tax purposes.
Regulatory Treatment. Notwithstanding anything contained in SBA Regulations to the contrary, the balance in the Restricted Contributed Capital Surplus Account shall:
Regulatory Treatment. 34. Attachment D shows area of opportunity for each stormwater management facility. The level of water quality treatment, and volume and peak flow management will be maximized during the design, while remaining consistent with the parks use of the land.
Regulatory Treatment. For all matters not specifically covered by this Article, during the apprenticeship peri- od the apprentice shall be entitled to the same regulatory treatment as envisaged in this CCNL for workers having the classification for which they are completing the apprentice- ship. Part-time employment is permitted for apprentices, with working hours of no less than 50% of full-time.
