Loan Committee definition

Loan Committee means a committee appointed by the board of directors of a corporation to determine the course of action on a loan application pursuant to Chapter 6 (commencing with Section 63088) of Division 1 of Title 6.7 of the Government Code.
Loan Committee has the meaning set forth in Recital K. "Loss" or "Losses" includes any loss, liability, damage, cost, expense or charge and reasonable attorneys' fees and costs, including those incurred in a proceeding in court or by mediation or arbitration, on appeal or in the enforcement of OCII’s or the City's rights or in defense of any action in a bankruptcy proceeding.

Examples of Loan Committee in a sentence

  • Prior to commitment, the proposed loan must be approved by the DCA Project Loan Committee (Committee).

  • The Loan Committee established by the Committee will be responsible for administering the Plan loan program.

  • WHEDA's Members Loan Committee may amend this Plan from time to time to implement policy or program changes that the Committee deems to be in the best interests of the citizens of the state of Wisconsin.

  • Any changes shall be made in accordance with regulations and approved by the Sponsor’s Loan Committee and/or governing body.

  • Any changes made shall be in accordance with federal and state regulations, shall be approved by the Sponsor’s Loan Committee and/or local governing body and submitted to HCD for approval.


More Definitions of Loan Committee

Loan Committee means the committee of the board established to review loan applications pursuant to 261—paragraph 403.3(6)“b.”
Loan Committee or “Review Committee” means a group composed of at least five persons including a Board member appointed by the Chairman of the Board or other committee as designated by the Board who will be responsible for review and approval of Applications under the PLP Program. Meetings of the Loan Committee shall be called by the Chairperson of the Committee who shall be appointed by the Executive Director.
Loan Committee means those directors who, from time to time, have been duly appointed by the chairperson of the board of directors of the Foundation to serve as members of its loan committee in accordance with these loan policies, the articles of incorporation of the Foundation and its bylaws.
Loan Committee means the Committee of the Board of Directors appointed by the Co-Chairman to review loan requests.
Loan Committee has the meaning set forth in Recital M.
Loan Committee means a committee established pursuant to Subchapter 1 (commencing with Section 6900) of Chapter 6.5 of this Part.