Examples of Risk Sharing Agreement in a sentence
Execution by the Applicant of a Risk Sharing Agreement is a prerequisite to participation in this initiative, because it governs the rights and obligations of HUD and the QPE.
QPEs will be responsible for the full range of loan management, servicing, and property disposition activities.Through a Risk Sharing Agreement (RSA) QPEs will contract to assume 50 percent of the risk on each loan they underwrite.
An association that proposes a long timeframe for achieving its minimum unallocated surplus standard would generally be expected to have a Risk-Sharing Agreement, as described below, as part of its capital plan; however, determination of the appropriateness of having a Risk- Sharing Agreement would be made on a case-by-case basis.
The account must be established prior to the execution of any Risk Sharing Agreement under this part in an initial amount of not less than$500,000.
The element to be funded under the Risk Sharing Agreement remains the same at £13.8m as previously reported to the Committee.
The Security Documents (with the Risk Sharing Agreement and the Program Documents) contain the entire agreement of the parties hereto with respect to the matters covered and the transactions contemplated hereby, and no other agreement, statement or promise made by any party hereto, or by any employee, officer, agent or attorney of any party hereto, which is not contained herein shall be valid or binding.
Accordingly, GMAC, with the Debtors' assistance, sought and obtained such consent through a Risk Sharing Agreement between the Debtors,Chrysler Financial and New Chrysler (the "RSA").
The Additional Events of Suspension consists of the following: (a) the Risk Sharing Framework Agreement has been suspended or terminated in accordance with its terms; or (b) any Participating Financial Intermediary shall have failed to perform any of its obligations under their respective Risk Sharing Agreement.
Except and to the extent permitted under the Risk Sharing Agreement or any applicable Security Document, ITT ESI shall not, and the CUSO does not authorize ITT ESI to, sell, assign or otherwise dispose of any interest in the Collateral.
Intermediary will not comply with any entitlement order originated by Debtor that would require Intermediary to make a free delivery to Debtor or any other person unless such entitlement order is accompanied by a certification from an officer of Debtor that such free delivery will not cause the Debtor to be in violation of Article VI of that certain Risk Sharing Agreement between Debtor and Secured Party dated <DATE>, 2009, as from time to time amended, modified or supplemented.