Common use of Report Basic Changes Clause in Contracts

Report Basic Changes. The PFI must notify the Bank promptly in writing of any material changes that occur in its principal purpose, activities, financial condition, staffing, facilities, fidelity bond or errors and omissions insurance.

Appears in 4 contracts

Samples: Financial Institution Agreement, Financial Institution Agreement (Federal Home Loan Bank of Chicago), Financial Institution Agreement (Federal Home Loan Bank of Chicago)

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Report Basic Changes. The PFI must notify the Bank promptly in writing of any material changes that occur in its or its agents’ principal purpose, activities, manner of originating or acquiring mortgages, ownership, financial condition, staffing, facilities, fidelity bond or errors and omissions insurance, which changes adversely affect the PFI’s ability to perform its obligations under this Contract.

Appears in 3 contracts

Samples: Financial Institution Agreement, Financial Institution Agreement (Federal Home Loan Bank of Chicago), Financial Institution Agreement (Federal Home Loan Bank of Chicago)

Report Basic Changes. The PFI must notify the Bank promptly in writing of any material changes that occur in its or its agents’ principal purpose, activities, financial manner of originating or acquiring mortgages, ownership, financial condition, staffingstaffing, facilities, fidelity fidelity bond or errors and omissions insurance, which changes adversely affect the PFI’s ability to perform its obligations under this Contract.

Appears in 2 contracts

Samples: Financial Institution Agreement, Financial Institution Agreement

Report Basic Changes. The PFI must notify the Bank promptly in writing of any material changes that occur in its principal purpose, activities, financial condition, staffing, facilities, fidelity bond or errors and omissions insurance.

Appears in 2 contracts

Samples: Financial Institution Agreement (Federal Home Loan Bank of Chicago), Financial Institution Agreement (Federal Home Loan Bank of Chicago)

Report Basic Changes. The PFI must notify the Bank promptly in writing of any material changes that occur in its or its agents’ principal purpose, activities, financial condition, staffing, facilities, fidelity bond or errors and omissions insurance.

Appears in 2 contracts

Samples: Financial Institution Agreement (Federal Home Loan Bank of Chicago), Financial Institution Agreement (Federal Home Loan Bank of Chicago)

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Report Basic Changes. The PFI must notify the Bank promptly in writing of any material changes that occur in its principal purpose, activities, financial financial condition, staffingstaffing, facilities, fidelity fidelity bond or errors and omissions insurance.

Appears in 2 contracts

Samples: Financial Institution Agreement, Financial Institution Agreement

Report Basic Changes. The PFI must notify the Bank promptly in writing of any material changes that occur in its or its agents' principal purpose, activities, manner of originating or acquiring mortgages, ownership, financial condition, staffing, facilities, fidelity bond or errors and omissions insurance, which changes adversely affect the PFI's ability to perform its obligations under this Contract.

Appears in 1 contract

Samples: Participating Financial Institution Agreement (Federal Home Loan Bank of New York)

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