In danger of default definition

In danger of default means a State or national bank, a
In danger of default means a regulated entity
In danger of default means a State or national bank, a federally chartered insured savings association or an Illinois state chartered insured savings association with respect to which the Commissioner or the appropriate federal banking agency has advised the Federal Deposit Insurance Corporation that:

More Definitions of In danger of default

In danger of default means an enterprise with
In danger of default means in danger of default as defined in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813].

Related to In danger of default

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Event of Default has the meaning specified in Section 8.01.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Specified Event of Default means any Event of Default pursuant to Section 8.01(a), Section 8.01(f) or Section 8.01(g).

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);