Collateral Support Program Request definition

Collateral Support Program Request means the request that a Participating Financial Institution must submit to the Authority to apply for Collateral Support.
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Examples of Collateral Support Program Request in a sentence

  • The Initial Approval of the Collateral Support Program Request is valid for ninety (90) days.

  • The Authority shall review each Collateral Support Program Request for completeness, for consistency with the terms and conditions for a Qualified Business and a Qualified Loan, and to determine whether the Authority shall offer and underwrite the Collateral Support.

  • Documentation responsive to any conditions, contingencies, or additional parameters placed on the Collateral Support Program Request.

  • Loan Enrollment.In addition to the terms and conditions set forth in Section 8072, the following additional provisions shall apply to the Collateral Support Program:(a) Participating Financial Institutions must submit to the Authority a Collateral Support Program Request and receive an Initial Approval prior to the funding of the loan.

  • Loan Enrollment In addition to the terms and conditions set forth in Section 8072, the following additional provisions shall apply to the Collateral Support Program:(a) Participating Financial Institutions must submit to the Authority a Collateral Support Program Request and receive an Initial Approval prior to the funding of the loan.

  • Documentation responsive to any conditions or contingencies placed on the Collateral Support Program Request.

  • The Authority shall, upon receipt of a Collateral Support Program Request from the Participating Financial Institution, provide an Initial Approval if the Executive Director determines that the Qualified Loan meets the requirements of the Collateral Support Program.

  • Based on IAS 19 the Company should have formed a provision based on an actuarial study.

  • Upon the Initial Approval of the Collateral Support Program Request, the Authority will issue notice of such approval with instructions for the Participating Financial Institution to open a Loss Reserve Account pursuant to Section 8078.32 and deposit the Borrower's Closing Fee prior to the disbursement of the loan.

  • Participating Financial Institutions must submit to the Authority a Collateral Support Program Request and receive an Initial Approval prior to the funding of the loan.