RBC Homeline Plan definition
RBC Homeline Plan means an account governed by an agreement titled “RBC Homeline Plan Agreement” at any time entered into between you, us and any
RBC Homeline Plan means an account governed by an agreement titled “RBC Homeline Plan Agreement” at any time entered into between you, us and any other person as borrower and which by its terms is, or is to be, secured by the Deed of Hypothec. Under the RBC Homeline Plan Agreement we may make one or more loans to you, another person, or both you and another person from time to time; provided that, in the case of a loan made under an RBC Homeline Plan, either (i) each Additional Advance will be treated as a new loan, or (ii) the Additional Advances in the aggregate will be treated as a new loan, and in each case of (i) or (ii), each such new loan made to you or to you and another person will be treated as a separate and distinct loan from any loan that is insured and/or financed under a NHA Program for all purposes including enforcement.