Decision Control definition

Decision Control means, with respect to a Program Bond represented by a Custodial Receipt relating to a GSE Security, any right available to a holder of that Program Bond to (i) instruct the related HFA trustee to take or refrain from taking an action or decision including, without limitation, any proposed amendment, restatement, waiver, forbearance of, or supplement to, the bond indenture or resolution under which the Program Bond was issued or (ii) decide upon a course of action in response to an Event of Default.
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Decision Control means the right of Treasury, on the one hand, or the GSEs, on the other hand, to decide upon a course of action with respect to a default that gives rise to an acceleration of the Bonds or the exercise by the GSEs of remedies available to them under the Reimbursement Agreement or any of the other related Transaction Documents.
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Decision Control means the right, subject to and in accordance with the terms of Section 3.5, of Fxxxxx Mxx or Recourse Provider, as the case may be, to decide upon a course of action for dealing with any Defaulted Mortgage Loan.
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Examples of Decision Control in a sentence

  • Treasury agrees to consult with the GSEs, and the GSEs agree to make recommendations to Treasury with respect to the issues for which Decision Control by Treasury is to be exercised.

  • Conversely, the GSEs agree to consult with Treasury, and Treasury agrees to make recommendations to the GSEs with respect to the issues for which Decision Control by the GSEs is to be exercised.

  • The identity of the party having Decision Control shall not affect the obligations of Treasury under this Agreement.

  • Conversely, each GSE agrees to consult with Treasury, and Treasury agrees to make recommendations to such GSE, with respect to the issues for which Decision Control by such GSE is to be exercised.

  • Treasury agrees to consult with the relevant GSE, and each GSE agrees to make recommendations to Treasury, with respect to the issues for which Decision Control by Treasury is to be exercised.

  • With respect to any Program Bond represented by a Custodial Receipt related to a GSE Security, Treasury shall be entitled to exercise Decision Control so long as the Crossover Date has not occurred, and the GSEs shall be entitled to exercise such Decision Control on and after the Crossover Date.

  • Notwithstanding the foregoing, the party having Decision Control shall have the unilateral right to exercise Decision Control.

  • Treasury shall be entitled to exercise Decision Control so long as the Crossover Date has not occurred and the GSEs shall be entitled to exercise Decision Control on and after the Crossover Date.

  • The party with Decision Control shall have the right to cause a mandatory tender of all supported VRDOs in the event that a credit advance is not reimbursed as required under the terms of the Reimbursement Agreement.

  • Notwithstanding the foregoing, the party having Decision Control shall have the unilateral right to make decisions regarding the exercise of bondholder rights in respect of the Program Bonds.

Related to Decision Control

  • Decision-maker means a person who makes a determination regarding responsibility after the investigation has concluded. The Decision-maker cannot be the same person as the Title IX Coordinator, the Investigator, or the Appellate Decision-maker.

  • Decision Period means the period of time established by the Act within which the Board is required to make a Board decision in certain adjudicatory proceedings. (See Subpart C of this Part.) (See also Sections 38(a), 40, and 40.1 of the Act that establish 120-day decision deadlines for variances, permit appeals, and review of pollution control facility siting decisions, respectively.)

  • Architectural Control Committee means and refer to that committee constituted under Article 4 hereof for the review of Development Plans (as hereinafter defined) and other functions.

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • decision notice means a written notice of a decision by the Department regarding an individual's eligibility for benefits in a program.

  • Health and Human Services Commission or “HHSC” means the administrative agency established under Chapter 531, Texas Government Code, or its designee.

  • Change Control means the process set out in Section 2.6.

  • Decision means a determination, action, vote, or disposition upon a motion, proposal, recommendation, resolution, order, ordinance, bill, or measure on which a vote by members of a public body is required and by which a public body effectuates or formulates public policy.

  • Project Management Plan means the management plan that (i) sets out a high level workplan to describe the manner in which the Design-Builder will manage the Project, including to address related matters such as traffic management and communications, and (ii) is prepared by or for the Design-Builder and submitted to the Owner;

  • Common Control means the power to direct or cause the direction of the management and policies of a person or an organization, whether by ownership of stock, voting rights, by contract, or otherwise.

  • Board of Review or “board” means the state building code board of review created by Iowa Code section 103A.15. The three members of the board of review are appointed by the building code commissioner from among the membership of the building code advisory council.