Section 4402 definition

Section 4402 shall have the meaning set forth in Section 31 hereof.
Section 4402 shall have the meaning set forth in Section 30 of the Agreement.
Section 4402 shall have the meaning set forth in Section 19 hereof.

Examples of Section 4402 in a sentence

  • In such cases, dishonor shall be rightful, and you waive any right you may have to assert that the dishonor was wrongful under California Commercial Code Section 4402, ACH rules or otherwise.

  • Section 44.02 All Employees active as of the date of this agreement shall have the right to petition the City Civil Service Commission for waiver of the current residency mileage requirement upon serious consideration of purchasing a new home outside the current mileage limits.

  • The Right of First Offer is subject to the following terms and conditions set forth in Section 44.02 and in Section 44.04.

  • Refusal by any Fire & EMS Division employee to take a required test (e.g., a test that is ordered based upon reasonable suspicion as defined in Section 44.02 (C) above, or under circumstances described in Section 44.04 (A) and (B), below) or follow this Article of the collective bargaining agreement, will result in immediate relief from Fire & EMS duties pending disposition of any administrative personnel action.

  • Program or SFMNP means the Senior Farmers’ Market Nutrition Program authorized by Section 4402 of the Farm Security and Rural Investment Act of 2002, 7 U.S.C. 3007.


More Definitions of Section 4402

Section 4402 shall have the meaning provided in Section 12.19 hereof.
Section 4402 shall have the meaning set forth in Section 30 of the Agreement. “Section 7 Certificate” shall have the meaning set forth in Section 7(e)(ii) hereof. “Seller” shall mean Finance of America Reverse LLC, a Delaware limited liability company, or any successor in interest thereto. “Servicer” shall have the meaning set forth in Section 16(b) of the Agreement. “Servicer Notice” shall mean to the extent applicable, the notice acknowledged by the third party Servicer substantially in the form of Exhibit C hereto. “Servicing Advances” shall mean any and all customary, reasonable and necessaryout of pocketcosts and expenses (including reasonable attorneysfees and disbursements) incurred in the performance by the Servicer of its servicing obligations, including, but not limited to, the cost of (a) to the extent required under the Servicing Agreement, field visits, property inspections, appraisals and broker price opinions, (b) the preservation, restoration and protection of the Mortgaged Property, (c) any enforcement or administrative or judicial proceedings, including foreclosures, (d) the management and liquidation of the Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage, (e) other fees of foreclosure or of acquiring title to the Mortgaged Properties by deed in lieu of foreclosure and industry standard costs, fees and expenses of the conveyance of the Mortgaged Properties pursuant to the terms of the Servicing Agreement, (f) taxes, ground rents and other charges which are or may become a lien upon the Mortgaged Property, (g) mortgage insurance premiums and fire and hazard insurance premiums and (h) compliance with the obligations pursuant to Applicable Requirements. “Servicing Agreement” shall mean the servicing agreement in effect with respect to such Purchased Mortgage Loan, as modified by the Servicer Notice.
Section 4402 is defined in Section 31.
Section 4402 means Section 4402 of Title 12 of the United States Code.
Section 4402 shall have the meaning set forth in Section 30 of this Agreement. “Section 7 Certificate” shall have the meaning set forth in Section 7(e)(ii) of this Agreement. “Seller” shall mean Finance of America Reverse LLC, a Delaware limited liability company, or any successor in interest thereto. “SIPA” shall have the meaning set forth in Section 33 of this Agreement. “Subsidiary” shall mean, with respect to any Person, any corporation, partnership or other entity of which at least a majority of the securities or other ownership interests having by the terms thereof ordinary voting power to elect a majority of the board of directors or other persons performing similar functions of such corporation, partnership or other entity (irrespective
Section 4402 shall have the meaning set forth in Section 30 of this Agreement. “Section 7 Certificate” shall have the meaning set forth in Section 7(e)(ii) of this Agreement. “Seller” shall mean Finance of America Reverse LLC, a Delaware limited liability company, or any successor in interest thereto. “SIPA” shall have the meaning set forth in Section 33 of this Agreement. “SOFR” shall mean a rate per annum equal to the secured overnight financing rate as administered by the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate) on its website. “Subsidiary” shall mean, with respect to any Person, any corporation, partnership or other entity of which at least a majority of the securities or other ownership interests having by the terms thereof ordinary voting power to elect a majority of the board of directors or other persons performing similar functions of such corporation, partnership or other entity (irrespective of whether or not at the time securities or other ownership interests of any other class or classes of such corporation, partnership or other entity shall have or might have voting
Section 4402 shall have the meaning set forth in Section 31 hereof. “Section 8 Certificate” shall have the meaning set forth in Section 8(e)(ii) hereof. “Securities Issuance Failure” the failure of a pool of Pooled Mortgage Loans to back the issuance of an Agency Security. “Security Release Certification” shall have the meaning set forth in Section 3(b)(xxi) hereof. “Seller” shall mean ▇▇▇▇▇▇▇▇▇.▇▇▇, LLC, a Delaware limited liability company, and its successors in interest and assigns. “Seller Employees” shall have the meaning set forth in Section 14(m) hereof. “Servicer” shall mean any servicer or subservicer approved by Buyer in its sole discretion, which may be Seller. “Servicer Side Letter” shall have the meaning set forth in Section 18(d) hereof. “Servicer Termination Event” shall mean (i) an Event of Default hereunder or (ii) with respect to any Servicer (1) an event of default which continues without cure or waiver after the application of any grace period under the related Servicing Agreement, (2) such Servicer shall become the subject of an Insolvency Event, (3) such Servicer shall admit its inability to, or its intention not to, perform any of its obligations under the Facility Documents, or (4) the failure of such Servicer perform its obligations in any material respect under the Servicer Side Letter, if any, or the related Servicing Agreement, including, without limitation, the failure of such Servicer to remit funds in accordance with Section 5(a)(i) hereof and failure continues unremedied for a period of five (5) Business Days after the earlier of written notice of such failure or the date upon which the Servicer obtained actual knowledge of such failure “Servicing Agreement” with respect to any Purchased Mortgage Loan serviced by a Servicer, shall mean the servicing agreement, if any, entered into among such Servicer, Seller and any other related parties thereto, which form and substance has been reasonably approved by 24