Examples of Advances Agreement in a sentence
As a reminder, Member shall be deemed to have repeated each of the representations and warranties set forth in the Advances Agreement each time the Bank funds an advance.
Pledge collateral equal to one hundred percent (100%) of the aggregate unpaid Principal Balance of the overdue Government MBS Mortgage Loans, as of the date of the MPF Provider notifies the PFI, in accordance with the PFI’s Advances Agreement.
If recapture of the Subsidy or recovery of the Subsidy is required pursuant to 12 C.F.R. Sections 1291.60 and 1291.61, the amount to be recaptured or to be recovered shall be immediately deemed to be an advance issued to the Member by the Bank, and will be subject to the terms and conditions of the Advances Agreement and the Bank's Collateral Policy and Credit Policy Manual, while the Bank determines which action permitted under Section 1291.60 will be taken.
This Agreement is subject to the terms and conditions of the Homeownership Initiatives Registration and Certification Form, the AHP Implementation Plan as same may be amended or adopted from time to time, the Advances Agreement, the Bank's Collateral Policy and Credit Policy Manual and such other program documents as are in effect from time to time and the regulations of the FHFA.
The Bank shall have no obligation to provide a Subsidy under this Agreement unless sufficient funds are available under the Homeownership Initiatives to fully disburse the amount requested and the Bank is satisfied as to Member's creditworthiness and compliance with the terms of the Advances Agreement and the Bank's Credit Policy Manual at the time of funding.
As security for all indebtedness of Member under this Agreement and Credits issued and funded hereunder, Member hereby assigns, transfers, and pledges to the Bank and grants to the Bank a security interest in all collateral pledged to the Bank as provided under its Advances Agreement with the Bank and hereunder, and all of the proceeds of the foregoing.
The terms and conditions of the Advances Agreement entered into between Member and the Bank applicable to security interests and collateral also shall be applicable to any Credit issued and L/C Disbursement made whenever so issued or made to the same extent and in the same manner as though funds have been advanced to Member including, but not limited to, the provisions of the Advances Agreement relating to delivery of collateral and relating to defaults.
Section 4.7 of this Contract provides that the Advances Agreement will govern the pledging of collateral by the PFI to secure obligations under this Contract, in addition to any other obligations of the PFI arising under the Advances Agreement or other contracts or agreements between the Bank and the PFI.
There are no water intakes / dams in the downstream river course upto 5-10 km stretch.
The Credit Enhancement and all other obligations of the PFI under this Contract shall be an obligation arising under and secured pursuant to the Advances Agreement, and deemed to be Indebtedness or Liabilities (if either term is used in the Advances Agreement) of the PFI and an extension of credit by the Bank pursuant to the Advances Agreement.