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 us and the Customer and secured by the Mortgage registered on title to the Property. Under an RBC Homeline Plan Agreement we may make one or more loans to you, the Customer, or both you and the Customer from time to time; provided that, in the case of a loan made under an RBC Homeline Plan Agreement, 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 the Customer will be treated as a separate and distinct loan from any loan that is insured and/or financed under an NHA Program for all purposes including enforcement.
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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.
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RBC Homeline Plan means an account governed by an agreement titled “RBC Homeline Plan Agreement” at any time entered into between us and the Customer and secured by the Mortgage registered on title to the Property. Under an RBC Homeline Plan Agreement we may make one or more loans to you, the Customer, or both you and the Customer from time totime; provided that, in the case of a loan made under an RBC Homeline Plan Agreement either
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Examples of RBC Homeline Plan in a sentence

  • If there are two cheques, one constitutes the proceeds of the RBC Homeline Plan and the second, if applicable, represents an incentive amount as disclosed in the RBC Homeline Plan Agreement.

  • The following conditions apply to mortgages that secure loans under an RBC Homeline Plan only.

  • An interest rate buydown is an amount paid to a borrower under a RBC Homeline Plan Agreement to “buy down” or reduce the interest rate for the term of one or more mortgage loan segments.

  • If this Mortgage secures a loan under an RBC Homeline Plan Agreement, the Agreement will have been signed at the branch, unless you have been told otherwise in the Specific Instructions.

  • If you need to fax documents to the Personal Service Centres, the Fax Numbers are: For RBC Homeline Plan mortgages in:Atlantic Provinces: 1-866-363-3356Quebec: 1-866-718-1577For all other collateral mortgages in:Atlantic Provinces: 1-866-812-7828Quebec: 1-800-267-2106 When calling or corresponding, please quote the SRF number indicated in the Specific Instructions.

  • You also understand that it cannot be used as part of your regular payment and that you are permitted only one Double-Up payment on each payment date.If you wish to use an RBC Financial Rewards voucher towards the payment of a credit line or mortgage loan segment under your RBC Homeline Plan, you understand that it may only be applied towards the payment of the outstanding principal of a Royal Credit Line or as a Double-Up payment for a mortgage loan segment under your RBC Homeline Plan account.

  • If you need to fax documents to the Personal Service Centres, the Fax Numbers are: For RBC Homeline Plan mortgages in:All provinces and territories:1-866-363-3356For all other collateral mortgages in: Atlantic Provinces and Ontario:1-866-812-7828All provinces and territories:1-888-410-3956 When calling or corresponding, please quote the SRF number indicated in the Specific Instructions.

  • Your payment must be applied towards only one Royal Credit Line or one of your mortgage loan segments under your RBC Homeline Plan and cannot be divided among more than one Royal Credit Line or multiple mortgage loan segments.

  • The Mortgagor(s) has (have) requested the activation of the RBC Homeline Plan.

  • For accounting purposes this transaction was considered an asset acquisition, with the sole identifiable asset of MMC BVI being Maria Cecilia and the share consideration issued therefore allocated entirely on that basis.

Related to RBC Homeline Plan

  • Source Protection Plan means a drinking water source protection plan prepared under the Clean Water Act, 2006;

  • Improvement Plan means the plan required by the Authority from the Supplier which shall detail how the Supplier will improve the provision of the Goods and/or Services pursuant to Clause 29.1.1 (Authority Remedies);

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Development Plans means a coherent set of operations defined and financed exclusively by the OCTs in the framework of their own policies and strategies of development, and those agreed upon between an OCT and the Member State to which it is linked;

  • Utilization plan means a form and additional documentation included in all bids or proposals that demonstrates a vendor’s proposed utilization of vendors certified by the Business Enterprise Program to meet the targeted goal. The Utilization Plan shall demonstrate that the Vendor has either: (1) met the entire contract goal or (2) requested a full or partial waiver and made Good Faith Efforts towards meeting the goal.

  • State implementation plan or “SIP” means the plan adopted by the state of Iowa and approved by the Administrator which provides for implementation, maintenance, and enforcement of such primary and secondary ambient air quality standards as they are adopted by the Administrator, pursuant to the Act.

  • RBC plan means a comprehensive financial plan containing the elements specified in K.S.A. 40-2c06, and amendments thereto. If the commissioner rejects the RBC plan, and it is revised by the insurer, with or without the commissioner's recommendation, the plan shall be called the "revised RBC plan."

  • Nutrient management plan means a plan developed or approved by the Department of Conservation and Recreation that requires proper storage, treatment and management of poultry waste, including dry litter, and limits accumulation of excess nutrients in soils and leaching or discharge of nutrients into state waters.

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Indicators of student progress and growth means the results of assessment(s) of students as defined in N.J.A.C. 6A:8, Standards and Assessment.

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Development Plan has the meaning set forth in Section 3.2.

  • Conservation Plan means a document that outlines how a project site will be managed using best management practices to avoid potential negative environmental impacts.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Parenting plan means a written plan describing each parent's rights and responsibilities.

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Consortium Plan Consortium Plan means the description of the Action and the related agreed budget as first defined in the Grant Agreement and which may be updated by the General Assembly.

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Rectification Plan means the rectification plan pursuant to the Rectification Plan Process;

  • Compliance Plan means the compliance obligations, program, and procedures described in this Consent Decree at paragraph 13.

  • Quality Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.3 of Exhibit B to the ITP.