Examples of Loan Insurance Agreement in a sentence
Subject to the limitations of Section VI (B), the Authority may insure principal, interest and reasonable and necessary expenses of enforcement and collection, provided that the insurance premiums are fully paid, and all other conditions hereof, of the loan insurance authorization or commitment, and of the Loan Insurance Agreement are met.
The revision will change these forms to: 5–4753 Loan Guaranty Agreement, 5–4754 Loan Insurance Agreement, 5–4754a Notice of Insured Loan, 5–4755 Request for Indian Affairs Loan Guaranty, Loan Insurance, and/or Interest Subsidy, 5–4749 Interest Subsidy Report, 5–4759 Assignment of Loan Documents and Related Rights, 5– 4760a Notice of Default, and 5–4760b Claim for Loss.
This information collection includes the use of several forms to be revised, including: 5–4753 Loan Guaranty Agreement, 5–4754 Loan Insurance Agreement, 5–4754a Notice of Insured Loan, 5–4755 Request to BIA for Loan Guaranty, Loan Insurance, and/or Interest Subsidy, 5–4749 Interest Subsidy Report, 5–4759 Assignment of Loan Documents and Related Rights, 5– 4760a Notice of Default, and 5–4760b Claim for Loss.
Since the establishment of the Loan Insurance Agreement in January 1993, the Commission has never had a claim made against the Loan Insurance Agreement.
The CMHC/BC Housing Loan Insurance Agreement provides the Commission with the ability to arrange long term CMHC loan insured mortgages on behalf of non-profit housing providers.
In submitting this application, Lender makes the warranties, representations and certifications specified for the Lender in Section 18 of the Oregon Credit Enhancement Fund Insurance Program Loan Insurance Agreement.
In the case of default under the insured loan, the conditions and provisions with respect to the administration of defaults are contained in the Loan Insurance Agreement.
Basic and diluted net loss per share was the same for each period presented, as the inclusion of all potential common shares outstanding would have been anti-dilutive.The net loss per share is allocated based on the participation rights of the Class A and Class B common shares as if the loss for the year has been distributed.
If applicable, certification that lender has allocated payments, collateral proceeds and other collection proceeds, and expenses among the FAME-insured and other non-insured loans of borrower in the manner prescribed in the Loan Insurance Agreement (discussed above), and providing an accounting for same.
The Lender, in accordance with the Loan Insurance Authorization and Loan Insurance Agreement between the Authority and the Lender.