Final Endorsement definition

Final Endorsement. As defined in Section 5.05(d).
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Final Endorsement means final endorsement by HUD of the First Priority Loan for mortgage insurance.
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Final Endorsement means, with respect to an Applicable Series of Bonds, the final endorsement of the Note by HUD for insurance under the National Housing Act, as amended;
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Examples of Final Endorsement in a sentence

  • Following 100% completion of all off-site facilities, the Hub Director will require submission of a new form HUD-92403, Application for Insurance of Advance of Mortgage Proceeds, for approval of the final advance, and subsequent submission of form HUD-92023M, Request for Final Endorsement of Credit Instrument.

  • To request approval of a final advance, the Lender shall prepare form HUD-92023M (Request for Final Endorsement of Credit Instrument).

  • The Investor Party (A) Investor and Second Party (B) Trustee will fix a private meeting to finalize and sign the Final Endorsement Agreement before the fund will be moved or transferred to the Second Party (B) Trustee Bank account.

  • Except as specifically provided (in VIII.E.2 above) for existing PCNAs that may be accepted with a 223(a)(7) application, the date when such “10 year update” PCNA reports are due is the later of the 10th anniversary of Final Endorsement or the 10th anniversary of the last PCNA completed for the property.

  • At the time of Initial Endorsement, in the case of insurance of advances, or at the time of Final Endorsement in the case of insurance upon completion, the QPE shall make certain that the mortgage, the Regulatory Agreement, and the Uniform Commercial Code financing statements are properly recorded, and filed in all required locations.

  • For purposes of establishing the due date of any future 10 year update PCNA the date of any PCNA completed within 6 months of an application shall be deemed dated as of Final Endorsement.

  • When construction is not yet complete, any form HUD-92403 submitted for processing will not be treated as approval of a final advance, nor will the submission of form HUD-92023M, Request for Final Endorsement of Credit Instrument, be in order.

  • Instead, the defendant represented that the Bond would be available through Final Endorsement, still months away.

  • Such contribution shall be in the form of (i) $218,322.00 in cash, not immediately but upon demand by the Managing General Partner at any time and from time to time, provided that all such cash must be contributed at or prior to Final Endorsement; plus (ii) all of its right, title, estate and interest in and to the Land described in Exhibit B, accomplished by a deed to the Partnership from St. Xxxxxxx Associates Limited Partnership (in which IBC is a 1 percent partner).

  • Because the abundance of the wild population is limited, culturing this species from captive breeding stocks (aquaculture) has been done to reduce the risk of depleting the wild population.


More Definitions of Final Endorsement

Final Endorsement means and refer to the endorsement, by an authorized signatory of HUD, on the FHA Note, which endorsement signifies, among other things, that HUD has approved the construction of the Improvements, and that HUD's mortgage insurance is continued in force on the FHA Loan for a fixed principal sum.
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Final Endorsement means the date on which the Mortgage Note is finally endorsed for mortgage insurance by FHA, following completion of the Project and compliance with the terms and conditions of the Commitment.
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Final Endorsement means the final endorsement of the Mortgage Note by FHA for FHA Insurance.
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Related to Final Endorsement

  • Indorsement has the meaning specified in Section 8-102(a)(11) of the UCC, and “Indorsed” has a corresponding meaning.

  • Necessary Endorsement means undated stock powers endorsed in blank or other proper instruments of assignment duly executed and such other instruments or documents as the Agent (as that term is defined below) may reasonably request.

  • Licensure by endorsement means the issuance of an Iowa license to practice as a barber to an applicant who is or has been licensed in another state.

  • Endorsement means a written endorsement issued by Us on the Schedule to record any changes to the applicable terms and conditions of this Policy or the details contained in the Schedule. Endorsements shall form a part of this Policy and shall be binding on You and Us. It is agreed that the terms of an Endorsement shall supersede any conflicting provisions in this Policy Document, Rider or Schedule.

  • Endorsement contract means an agreement under which a student athlete is employed or receives consideration to use on behalf of the other party any value that the student athlete may have because of publicity, reputation, following, or fame obtained because of athletic ability or performance.

  • Duly Endorsed means duly endorsed in blank by the Person or Persons in whose name a stock certificate is registered or accompanied by a duly executed stock assignment separate from the certificate with the signature(s) thereon guaranteed by a commercial bank or trust company or a member of a national securities exchange or of the National Association of Securities Dealers, Inc.

  • practising certificate means a document issued by the Relevant Professional Body entitling you to provide legal services;

  • Final Payment Certificate means the payment certificate issued under Sub-Clause 14.13 [Issue of Final Payment Certificate].

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Guaranteed automobile protection insurance means insurance offered in

  • Mortgage Supporting Documents means, with respect to a Mortgage for a parcel of Real Property, each the following:

  • Lost Mortgage Note Any Mortgage Note the original of which was permanently lost or destroyed and has not been replaced.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • Certificate Insurance Policy The Financial Guaranty Insurance Policy No. CA01172A, and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class AF-3 Certificateholders.

  • Additional Insured is defined in Section D of Annex D to the Lease.

  • Required Surety Payment With respect to any Additional Collateral Loan that becomes a Liquidated Mortgage Loan, the lesser of (i) the principal portion of the Realized Loss with respect to such Mortgage Loan and (ii) the excess, if any, of (a) the amount of Additional Collateral required at origination with respect to such Mortgage Loan over (b) the net proceeds realized by the Subservicer from the related Additional Collateral.

  • Insurance Assignment each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.

  • Aircraft Mortgage means each Aircraft and Engine mortgage and security agreement entered into by any Borrower in favor of the Agent evidencing the Liens in respect of such Aircraft Collateral that will secure the Obligations, in each case as amended, modified, restated, supplemented or replaced from time to time.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

  • Interim Payment Certificate means a payment certificate issued under Clause 14 [Contract Price and Payment], other than the Final Payment Certificate.

  • ALTA means American Land Title Association, or any successor thereto.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.