Common use of The Guides Clause in Contracts

The Guides. The MPF Provider has issued its guides to PFIs (colle ctively, the “Guides”), and, from time to time, issues modifications of the Guides, and furnishes them to the PFI which the PFI agrees are incorporated into this Contract by reference as if fully set forth herein. These Guides are: (a) the MORTGAGE PARTNERSHIP FINANCE Origination Guide; and (b) the MORTGAGE PARTNERSHIP FINANCE Servicing Guide. Whenever there is a reference to the Guides in this Contract, it means either or both the Origination Guide and the Servicing Guide, as the context may require and as they exist now and as they may be amended or supplemented in writing. The MPF Provider may amend or supplement the Guides, or either of them, from time to time, at its sole discretion, by furnishing amendments or supplementary matter to the PFI in accordance with Section 13.2 of this Contract, and such amendments or supplements shall be included in the Guides for the purposes hereof. The Origination Guide is applicable to the origination of Closed Mortgages sold to the Bank whether originated or purchased by the PFI. The Servicing Guide is applicable to the servicing of mortgages for the Bank. whether originated for or purchased by the Bank from the PFI or from other PFIs. The term “Guides” also includes anything that, in whole or in part, supersedes or is substituted for the Guides.

Appears in 2 contracts

Samples: Participating Financial Institution Agreement, Participating Financial Institution Agreement

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The Guides. The MPF Provider has issued its guides to PFIs (colle ctivelycollectively, the “Guides”), and, from time to time, issues modifications modifications of the Guides, and furnishes them to the PFI which the PFI agrees are incorporated into this Contract by reference as if fully set forth herein. These Guides are: (a) the MORTGAGE PARTNERSHIP FINANCE Origination Guide; and (b) the MORTGAGE PARTNERSHIP FINANCE Servicing Guide. Whenever there is a reference to the Guides in this Contract, it means either or both the Origination Guide and the Servicing Guide, as the context may require and as they exist now and as they may be amended or supplemented in writing. The MPF Provider may amend or supplement the Guides, or either of them, from time to time, at its sole discretion, by furnishing amendments or supplementary matter to the PFI in accordance with Section 13.2 of this Contract, and such amendments or supplements shall be included in the Guides for the purposes hereof. The Origination Guide is applicable to (i) the origination of Bank Funded Mortgages by the PFI or an approved designee, and (ii) the origination of Closed Mortgages sold to the Bank whether originated or purchased by the PFI. The Servicing Guide is applicable to the servicing of mortgages for the Bank. Bank whether originated for or purchased by the Bank from the PFI or from other PFIs. The term “Guides” also includes anything that, in whole or in part, supersedes or is substituted for the Guides.

Appears in 2 contracts

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

The Guides. The MPF Provider has issued its guides to PFIs (colle ctivelycollectively, the "Guides"), and, from time to time, issues modifications modifications of the Guides, and furnishes them to the PFI which the PFI agrees are incorporated into this Contract by reference as if fully set forth herein. These Guides are: (a) the MORTGAGE PARTNERSHIP FINANCE Origination Guide; and (b) the MORTGAGE PARTNERSHIP FINANCE Servicing Guide. Whenever there is a reference to the Guides in this Contract, it means either or both the Origination Guide and the Servicing Guide, as the context may require and as they exist now and as they may be amended or supplemented in writing. The MPF Provider may amend or supplement the Guides, or either of them, from time to time, at its sole discretion, by furnishing amendments or supplementary matter to the PFI in accordance with Section 13.2 of this Contract, and such amendments or supplements shall be included in the Guides for the purposes hereof. The Origination Guide is applicable to the origination of Closed Mortgages sold to the Bank whether originated or purchased by the PFI. The Servicing Guide is applicable to the servicing of mortgages for the Bank. Bank whether originated for or purchased by the Bank from the PFI or from other PFIs. The term “Guides” also includes anything that, in whole or in part, supersedes or is substituted for the Guides.

Appears in 1 contract

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

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The Guides. The MPF Provider has issued its guides to PFIs (colle ctivelycollectively, the “Guides”), and, from time to time, issues modifications modifications of the Guides, and furnishes them to the PFI which the PFI agrees are incorporated into this Contract by reference as if fully set forth herein. These Guides are: (a) the MORTGAGE PARTNERSHIP FINANCE Origination Guide; and (b) the MORTGAGE PARTNERSHIP FINANCE Servicing Guide. Whenever there is a reference to the Guides in this Contract, it means either or both the Origination Guide and the Servicing Guide, as the context may require and as they exist now and as they may be amended or supplemented in writing. The MPF Provider may amend or supplement the Guides, or either of them, from time to time, at its sole discretion, by furnishing amendments or supplementary matter to the PFI in accordance with Section 13.2 of this Contract, and such amendments or supplements shall be included in the Guides for the purposes hereof. The Origination Guide is applicable to the origination of Closed Mortgages sold to the Bank whether originated or purchased by the PFI. The Servicing Guide is applicable to the servicing of mortgages for the Bank. whether originated for or purchased by the Bank from the PFI or from other PFIs. The term “Guides” also includes anything that, in whole or in part, supersedes or is substituted for the Guides.

Appears in 1 contract

Samples: Participating Financial Institution Agreement

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