Examples of OFI in a sentence
The policies shall require a peri- odic review of the lending relationship with each direct lender association and OFI at intervals consistent with the term of the general financing agree- ment but in no case longer than 5 years.
Non-conformance:On the basis of the desk review, evidences presented during the audits as well as from the onsite visits non-conformance (NC) Major, Minor and Opportunity for Improvement (OFI) may be raised during the audit.Major non-conformance shall be addressed and responded with 60 days from closing date of audit.
If OBS or OFI is identified, please explain in details the finding(s) in section 4.4 and 4.5.
Each Farm Credit Bank or agricultural credit bank shall render its decision on an OFI application in as expeditious a manner as is practicable.
The total credit extended to the OFI, through direct loan or discounts, shall be consistent with the Farm Credit Bank’s or agricultural credit bank’s lending policies and loan under- writing standards and the credit- worthiness of the OFI.