Supervisory Agreement definition
Examples of Supervisory Agreement in a sentence
The Payment, together with interest, owed under any Request and Repayment Agreement governed by this Master Supervisory Agreement shall be made through ▇▇▇.▇▇▇ in accordance with payment instructions in Chapter 6, Part 5 of the MBS Guide.
If the Grantee leases any Project asset to another party, the Grantee agrees to retain ownership of the leased asset, and assure that the Lessee will use the Project asset to provide mass transportation service, either through a "Lease and Supervisory Agreement" between the Grantee and Lessee, or another similar document.
The OCC shall terminate the Supervisory Agreement in its entirety on or before the Effective Date.
Notwithstanding anything in this Agreement to the contrary, as long as the Corporation remains subject to the Supervisory Agreement or is deemed “troubled” as such term is defined in 12 C.F.R. §563.555 and for as long as required by the Supervisory Agreement, any renewal of this Agreement shall be subject to and conditioned upon the written approval or non-objection of the OTS and, if applicable, the Federal Deposit Insurance Corporation.
The Guarantor will not exercise any rights which it may acquire by way of subrogation under this Guarantee, by any payment made hereunder or otherwise, until all the Obligations and all other obligations of the Supervisor under the Construction Supervisory Agreement shall have been performed or paid in full.
Pursuant to the Project Supervisory Agreement, the Lessee will test the Units, and, to the extent the Units are capable of use prior to the Base Term Commencement Date, the Lessee is granted a license and is authorized to use the Units in the ordinary course of its business.
All capitalized terms used in this Guarantee and not defined herein are used with the meanings given to them in the Construction Supervisory Agreement.
Scroll down to Part III and you will see the button: Complete Post-Graduate Supervisory Agreement.
The Guarantor hereby unconditionally and irrevocably guarantees the full performance and observance by the Supervisor of all of the terms of the Construction Supervisory Agreement (other than the payment obligations of the Supervisor set out in Article IV of such agreement).
During the Term and subject to the limitations set forth in Section 3.2(c) of the Project Supervisory Agreement, as between Lessee and Lessor, the risk of loss of or decrease in the enjoyment and beneficial use of the Leased Property as a result of the damage or destruction thereof by fire, the elements, casualties, thefts, riots, wars or otherwise is assumed by the Lessee, and the Lessor shall in no event be answerable or accountable therefor.