Principal Residential definition

Principal Residential. Principal Residential Mortgage, Inc., an Iowa corporation, and its successors and assigns, in its capacity as seller of the Principal Residential Mortgage Loans to the Transferor.
Principal Residential. Principal Residential Mortgage, Inc., and its successors and assigns, in its capacity as seller of the Principal Residential Mortgage Loans to the Transferor.

Examples of Principal Residential in a sentence

  • Amount of Loan: $ Actual Value of the loan distributed may vary based on the final market closing price at the time the loan is processed.CHECK ONE LOAN OPTION AND ENTER DESIRED TERM:GeneralTerm of Payment in Months (max of 60 months) HardshipTerm of Payment in Months (max of 60 months) Principal Residential LoanTerm of Payment in Years** (Payment terms greater than 15 years are only available for Principal Residential Loans.

  • Plan documents and all outstanding loans will be reviewed by the Plan Administrator to ensure that the loans comply with the plan’s terms.L. Principal Residential Loan - For loan proceeds to purchase or to build a primary residence, you are required to timely provide proof to your Employer that the loan proceeds were actually used to purchase/build the primary residence.

  • In no case may the setback be less than the minimum yard requirement for either the front or rear yard as specified in the Unified Development Ordinance.11 Minimum lot areas of 10,000 and 6,000 sf in MR-3200 applies to single family dwellings.C. Multiple Principal Residential StructuresMultiple principal residential structures may be placed on a lot in all residential zoning districts in conformance with Section 5.4.3.‌D.

  • Dr. Szpunar will report to Eugene Melnyk, Chairman and Chief Executive Officer, Biovail Corporation.

  • Full Name (First Name, Surname)   Mobile No. (Country Code / Area Code)   Email   Principal Residential Address   Provide copy of passport of the Director.

  • That the Zoning Ordinance, Article V Accessory Uses be amended by adding new section 240-43.1 to Section 240-43 as follows:240-43.1 Commercial Vehicles Accessory to Principal Residential Use The continued and regular parking of one (1) commercial vehicle owned or operated by a resident of the premises is permitted by right in all zoning districts.A. Only one (1) commercial vehicle is allowed per lot.

  • In whichpercentage share increased from 32.6 to 40.0 percent, which indicates that, the contribution of non-banking financial institution and other have been slightly increasing.

  • Tax receipts are to be promptly forwarded by Seller upon receipt to Principal Residential.

  • Principal Residential Mortgage assigned the mortgage to the Government National Mortgage Association(frequently called “Ginnie Mae” based on its acronym, GNMA) on September 1, 1998, but that assignment was never recorded.

  • Principal Residential Mortg., Inc., No. 03-02-00491-CV, 2004 WL 1065639, at *3 (Tex.

Related to Principal Residential

  • Principal residence means a homestead actually and

  • Local Resident means Washington laborers, workers, or me- chanics receiving an hourly wage who live within fifty miles of the project being constructed unless the project is being constructed in a rural county, then it is defined as Washington workers who live within two hundred miles of the project.

  • Principal Reserve Fund The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 3.08 in the name of the Trustee for the benefit of the Certificateholders and designated "The Bank of New York in trust for registered Holders of CWABS, Inc., Asset-Backed Certificates, Series 2005-3". Funds in the Principal Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

  • Principal Receipts has the meaning specified in Section 5.2. Pro Rata Basis has the meaning specified in Section 8.2. Put Option Agreement means the agreement between Lender and TALF LLC, pursuant to which Lender shall have the option to sell or assign from time to time, and TALF LLC shall have the obligation to purchase from Lender from time to time,

  • Residential Zone means a zone earmarked for buildings exclusively designed for human habitation and in no case shall include its use in whole or a part thereof for any other purpose e.g commercial activities, school, institution, shop, office, clinic, beauty parlor, guest house, marriage center, gymnasium, tuition center, club activities, work-shop, store or godown etc. or for the purpose of political, religious and sectarian activities. It includes parks, gardens, play grounds, sector shops and other open spaces located in the area earmarked in the residential zone.

  • Non-residential means lands, Buildings or portions thereof used, or designed or intended for other than Residential use, including the non- residential portion of a Live-Work Unit;

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Investor-Owned Residential Loans means Loans, excluding advances made pursuant to Home Equity Loans, that are secured by mortgages on one- to four family residences or stock of cooperative housing associations that are not owner-occupied. These loans can be treated as Restructured Loans on a commercially reasonable basis and can be a restructured under terms separate from the Exhibit 5 standards. Please refer to Exhibit 2b for guidance in Calculation of Loss for Restructured Loans.

  • Principal Regulator means the body or person appointed as the Principal Regulator under the Charities Act 2011;

  • Principal Relocation Payment A payment from any Loan Group to REMIC 1 Regular Interests other than those of their corresponding Loan Group as provided in the Preliminary Statement. Principal Relocation Payments shall be made of principal allocations comprising the Principal Amount from a Loan Group.

  • Principal Act means the Social Welfare Consolidation Act 2005.

  • Investor-Owned Residential Loan means a Loan, excluding advances made pursuant to a Home Equity Loan, that is secured by a mortgage on a one- to four family residences or stock of cooperative housing associations that is not owner-occupied or the borrower’s primary residence.

  • Residential housing or "Residence" means a single-family, owner-occupied dwelling located within the State that qualifies for financing by the Authority within the meaning of the Act, the Rules and Regulations, the Code and related regulations.

  • Principal Regulations means the Public Health (COVID-19 Prevention, Containment and Treatment) Regulations, 2020 (published in Statutory Instrument 77 of 2020);

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • ordinarily resident means a person who actually lives and has lived continuously within the community council’s geographic territory as described in its MNO Community Charter Agreement for at least one (1) month immediately prior to the date of the community council’s election announcement. Such person must have a permanent residence (i.e. address) within the community council’s geographic area. In making such determination, temporary absences from the community for reasons such as travel, education, medical treatment, military service or incarceration shall be considered periods of residence provided the person was ordinarily resident prior to such temporary absence. Such person can have only one place of ordinary residence.

  • Irish Resident means any person Resident in Ireland or Ordinarily Resident in Ireland for tax purposes;

  • Principal Location has the meaning assigned thereto in clause (b)(iii) of the definition of Good Reason, above.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Residential means any school trip which includes an overnight stay.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Principal Corporate Trust Office means the office of the Trustee, at which at any particular time its corporate trust business shall be principally administered, which office at the date of execution of this instrument is at the address set forth in the first paragraph of this instrument.

  • Non-Primary Residence Loans The Mortgage Loans designated as secured by second or vacation residences, or by non-owner occupied residences, on the Mortgage Loan Schedule.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • the principal Regulations means the Building Regulations 2010 ;