February 1998 definition

February 1998 o $26.7 million in a real estate lending transaction with an initial funding of approximately $3.0 million. -------------------------------------------------------------------------------- Contacts ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ -------------------------------------------------------------------------------- The outstanding commitments are subject to various conditions including, but not limited to, completion of satisfactory due diligence and conditions the borrowers must satisfy prior to OAIC closing the transactions. OAIC is also in the process of considering other possible investments, certain of which OAIC may or may not commit to, and that which may or may not close, prior to year-end. In addition to these investments, OAIC is considering investments in subordinated or residual interests in residential subprime mortgage loan securities. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ stated, "We believe that there may be attractive opportunities in the subordinated and residual residential subprime mortgage market that would meet the OAIC risk/reward and asset quality requirements. In reviewing these opportunities, OAIC will continue to leverage the servicing experience of Ocwen Financial Corporation (NYSE: OCN) and maintain its disciplined approach to investing." As a result of the strengthening U.S. dollar, OAIC has incurred a foreign currency loss of approximately $465,000 as of December 3, 1997 related to its ownership of Canadian mortgage loans with unpaid principal balances of $38.2 million Canadian dollars. These loans are secured by the ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇. REVIEW OF NOVEMBER 1997 TRANSACTIONS

Examples of February 1998 in a sentence

  • Agreed premium costs will be: Incolink - $2.10 per week/worker Employer - $4.90 per week/worker It is a condition of the company’s agreement to provide this benefit that premium costs be maintained at not more than the February 1998 equivalent.

  • He became Vice President and Chief Accounting Officer of Pioneer and Pioneer USA in February 1998.

  • Mr. ▇▇▇▇▇ ▇▇▇ved as Controller of Pioneer USA from August 1997 to February 1998.

  • In February 1998, an additional warrant was executed and a single computer was seized.

  • A C & S, Inc., a case filed in February 1998 in Circuit Court, Ohio County, West Virginia, the plaintiff sued asbestos manufacturers, U.S. cigarette manufacturers, including RJR Tobacco and B&W, and parent companies of U.S. cigarette manufacturers, including RJR, seeking to recover $1 million in compensatory and punitive damages individually and an unspecified amount for the class in both compensatory and punitive damages.

  • I have hereunto set my hand and official seal at Columbus, Ohio this 11th day of February, 1998.

  • Signed in ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ this 27th day of February, 1998.

  • All such access and information obtained by Acquiror and its authorized representatives shall be subject to the terms and conditions of the letter agreement between the Company and Acquiror dated in February 1998 (the "Confidentiality Agreement").

  • The Agency Agreement contains provisions consistent with the laws, legislation, rules and regulations of the Republic of Italy (including without limitation Legislative Decree No. 58 of 24 February 1998, as amended) and the Issuer by-laws in force from time to time for convening meetings of the Noteholders to consider any matter affecting their interests, including any modifications of the Conditions or of any provisions of the Agency Agreement.

  • Signed in Richmond Hill, Ontario this 27th day of February, 1998.

Related to February 1998

  • Treaty on European Union means the Treaty of Rome of March 25, 1957, as amended by the Single ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ and the Maastricht Treaty (which was signed at Maastricht on February 7, 1992, and came into force on November 1, 1993), as amended from time to time.

  • GATT 1994 means the General Agreement on Tariffs and Trade 1994 in Annex 1A to the WTO Agreement. For the purposes of this Agreement, references to articles in the GATT 1994 include the interpretative notes;

  • the 1996 Act means the Education Act 1996;

  • the 1997 Regulations means the Zebra, Pelican and Puffin Pedestrian Crossing Regulations 1997.

  • the 2004 Regulations means the National Health Service (General Medical Services Contracts) (Scotland) Regulations 2004.