Watch List. 42 Weighted Average Effective REMIC I Remittance Rate.................... 43
Watch List o any loan in jeopardy of becoming a specially serviced loan. (i) drop in annual debt service coverage or trailing 12 months (ii) approaching maturity (iii) loss of major tenant or major tenant in bankruptcy (iv) servicer may put any loan on watch. o Loans can be removed from the watch list when determined it is not in jeopardy of becoming specially serviced.
Watch List. In the event MaineHousing determines, in its sole judgment, based on Vendor’s actions or omissions or other information obtained by MaineHousing directly or from any third party, that such actions, omissions or other information raise issues concerning Vendor’s continued ability to make Home Energy deliveries or otherwise comply with the terms of this Agreement, or that Vendor’s performance is out of compliance with the requirements of this Agreement, MaineHousing may, in its sole discretion, place Vendor on a ―Watch List.‖ After placing Vendor on a Watch List, MaineHousing will schedule an audit of Vendor’s performance under this Agreement at Vendor’s premises, which audit will include, without limitation, a review of HEAP funds records, Eligible Household accounts, and Home Energy delivery information. At a minimum, Vendor shall remain on the Watch List pending action on the auditor’s recommendation to MaineHousing’s Director of Energy and Housing Services. Such recommendation may include, without limitation, taking any one or more of the following actions: maintaining Vendor’s Watch List status; monitoring by MaineHousing or Subgrantee of Vendor’s performance under this Agreement at Vendor’s location or elsewhere; providing guidance or other assistance to Vendor to address performance issues; implementing additional recordkeeping and reporting requirements; requiring Vendor to turn over to MaineHousing HEAP funds paid to Vendor under one or more Vendor Voucher Report for credit to Eligible Household customer accounts with Vendor; and issuing a Deficiency Notice to Vendor, as provided in Section 13.B hereof. For so long as Vendor remains on the Watch List, no advance payment of HEAP funds, including HEAP benefit amounts, will be made by MaineHousing or Subgrantee to Vendor. In such event, payments of HEAP benefit amounts shall be made to Vendor only after satisfactory proof of actual Home Energy deliveries to Eligible Households complying with the terms of this Agreement has been submitted to MaineHousing by Vendor on terms and conditions required by MaineHousing. Payment to Vendor will be processed in accordance with the normal HEAP payment cycle.
Watch List. Notify key personnel when specific visitors check in on campus. Proactive alerts are sent via email, SMS, and push to designated personnel. Watch lists can include: Banned visitors Terminated employees Restraining orders Parent custody issues Large donors, Superintendents Notifications The Visitu system sends out notifications via SMS, email, and push via mobile app. Types of notifications include: Visitor notifications Possible sex offender alerts Watch List alerts Student attendance Emergency alerts
Watch List. The current Watch List; ----------
Watch List. In the event that Purchaser, any assignee of Purchaser, Purchaser’s lender, or the source of any of Purchaser’s equity for the consummation of this Agreement is the exact same individual or entity as appears on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Assets Control of the United States Department of the Treasury prior to Closing, Seller may, by written notice given to Purchaser at or before the Closing, terminate this Agreement. If Seller elects to terminate this Agreement, pursuant to this Section 7.17, the Escrow Deposit shall be promptly paid to Seller by the Title Company and neither party shall have any further rights or obligations hereunder, except for the obligations that expressly survive the termination of this Agreement, all of which shall survive the Closing or, if the purchase and sale contemplated hereunder is not consummated, any termination of this Agreement.
Watch List. Borrower is operating more than 20% below the GMS Finance Base Case and there is a high risk of covenant default, or it may have already occurred. Payments are current although subject to greater uncertainty, and there is a moderate to high risk of payment default.
Watch List. Structured Credit Investment is more than 25% below the base case return and there is a high risk of loss.
Watch List. In the event that Purchaser, any assignee of Purchaser, Purchaser’s lender, or the source of any of Purchaser’s equity for the consummation of this Agreement appears on the Specially Designated Nationals and Blocked Persons list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury prior to Closing, Seller may, by written notice given to Purchaser at or before the Closing, terminate this Agreement. If Seller elects to terminate this Agreement, pursuant to this Section 7.18, the Escrow Deposit shall be promptly paid to Seller by the Title Company and neither party shall have any further rights or obligations hereunder, except for the obligations that expressly survive the termination of this Agreement, all of which shall survive the Closing or, if the purchase and sale contemplated hereunder is not consummated, any termination of this Agreement.
Watch List. Borrower is operating more than 20% below the NFIC Base Case and there is a high risk of covenant default, or it may have already occurred. Payments are current although subject to greater uncertainty, and there is a moderate to high risk of payment default.
