Approval Provisions definition

Approval Provisions. With respect to any Serviced Loan and the provisions set forth in Section 3.21(e), the approvals and consents and the time frames for such approvals and consents necessary in connection with the taking of a Special Action or the extension of the maturity date of a Serviced Loan set forth below (in each case subject to the limitations set forth in Section 3.21(e) and Section 3.21(f):
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Approval Provisions. With respect to any Mortgage Loan and the provisions set forth in Section 3.21(e) hereof, means the approvals and consents necessary in connection with a Special Action or the extension of the maturity date of a Mortgage Loan as described below:
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Approval Provisions. With respect to any Serviced Loan and the provisions set forth in Section 3.21(e), the approvals and consents and the time frames for such approvals and consents necessary in connection with the taking of a Special Action or the extension of the maturity date of a Serviced Loan set forth below (in each case subject to the limitations set forth in Section 3.21(e) and Section 3.21(f)). With respect to any Special Action, the Directing Certificateholder shall respond to the Special Servicer within ten Business Days of its receipt of such request in writing (which may be via e-mail or facsimile) and such request will be deemed granted if the Directing Certificateholder does not respond in such time frame.
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Examples of Approval Provisions in a sentence

  • Raymarine shall, upon completion to Raymarine’s satisfaction of each phase of the Testing and Approval Provisions, notify RK in writing of Raymarine’s acceptance and approval of such phase in the manner set forth in Appendix H (in each case, “Sign Off”).

  • For the purposes of this Section 3.06, the determination of whether the applicable Milestone has been achieved shall be in accordance with the Testing and Approval Provisions.


More Definitions of Approval Provisions

Approval Provisions. - means either of the following depending on when the development was approved:
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Approval Provisions. With respect to any Loan (excluding the Fashion Show Mall Mortgage Loan) and the provisions set forth in Section 3.21(e), the approvals and consents and the time frames for such approvals and consents necessary in connection with the taking of a Special Action or the extension of the maturity date of a Loan set forth below (in each case subject to the limitations set forth in Section 3.21(e) and Section 3.21(f):
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Related to Approval Provisions

  • Supplemental Provisions means these Supplemental Provisions for Federally Funded Contracts, Grants, and Purchase Orders subject to the Federal Funding Accountability and Transparency Act of 2006, As Amended, as may be revised pursuant to ongoing guidance from the relevant Federal or State of Colorado agency or institution of higher education.

  • Additional Provisions shall have the meaning set forth in Section 15.01.

  • General Provisions means those portions of the Subscription Agreement headed “General Provisions” and contained on pages 7 to 12;

  • Special Provisions Special Provisions are specific conditions or requirements peculiar to the contract under consideration and are supplemental to the General Provisions. Should the Special Provisions conflict with the General Provisions, the Special Provisions shall prevail.

  • Standard Terms and Conditions or “Standard Terms” means these terms and conditions for the grant of the Loan to the Borrower by ABFL.