Loan Policies definition
Examples of Loan Policies in a sentence
The fees for Plan loans shall be as defined in the Plan Loan Policies issued by the Plan Administrator and charged to the accounts of participants with loans.
Any employee who violates the Loan Policies shall be subject to termination unless the Operating Committee expressly decides not to terminate the employee.
If Agent shall require Borrower to deliver a Loan Policy of Title Insurance for any or all of the Mortgaged Real Property, Agent shall notify Borrower in writing of such requirement, the reason therefore, and the specific Mortgaged Real Property for which a Loan Policy of Title Insurance is being requested and Borrower shall, within thirty (30) days after receipt of such written notice, deliver the required Loan Policy or Loan Policies to Agent.
The Managing Officer of the Company, shall in good faith use his or her best efforts to implement or cause to be implemented all Major Decisions approved by the Operating Committee and to conduct or cause to be conducted the ordinary and usual business of the Company in accordance with and subject to the direction of the Operating Committee and the Loan Policies and in accordance with the business plan and current Budget approved by the Members.
Upon recording of the mortgages and/or deeds of trust described in Section 3.1 (the “Mortgages”), endorsements to the ALTA Loan Policies previously issued by Commonwealth Land Title Insurance Company (the “Title Policies”), insuring that as of the date of the Loan, the Mortgages create in favor of Lender valid and prior liens on the portion of the properties described therein which constitute an interest in real property.
Upon recording of the mortgages and/or deeds of trust described in Section 3.1 (the “Mortgages”), endorsements to the ALTA Loan Policies previously issued by First American Title Insurance Company (the “Title Policies”), insuring that as of the date of the Loan, the Mortgages create in favor of Lender valid and prior liens on the portion of the properties described therein which constitute an interest in real property.
Any updates to the Loan Policies issued by ▇▇▇▇▇ Fargo shall automatically be adopted by the Company unless the Operating Committee expressly decides not to adopt a particular policy.
The Company expressly adopts the Loan Policies effective on the Closing Date as provided to the Company by ▇▇▇▇▇ Fargo.
Evidence reasonably acceptable to the Collateral Agent of payment by the Issuers of all Loan Policy premiums, search and examination charges, mortgage recording taxes, fees, charges, costs and expenses required for the recording of the Mortgages, fixture filings and other documents and the issuance of the Loan Policies pursuant to Section 4.17(b)(iv).
I certify that I meet the eligibility requirements of the Emergency Loan Program, and I agree to abide by the terms of repayment as defined under the “Emergency Loan Policies and Procedures” on the reverse side of this document.