Examples of Third Party Support in a sentence
These terms will govern the provision and receipt of the Third Party Support Services.
Third Party Support Agreements would be set up with the Wake Island Airfield Base Operating Support for: billeting, meals, vehicle rental, dive tank fills with the Fire Department, and shipping support for all field equipment in addition to other identified tasks and needs.
Therefore, the total collateralization for each Bond Loan plus Third Party Support will range from 111% to 120%.
Our Third Party Support Service can advise on the correct type of insurance for your situation.
Some portion of the Third Party Support must be cash collateral or other pledged assets/property as determined by the CDFI Fund, the remaining portion of the Third Party Support may be a Principal Loss Collateral Provision in the form of a guarantee, letter of credit, or similar instrument in accordance with the Secondary Loan Requirements.
No person shall have any recourse in respect of a Surviving Third Party Supported Claim, other than against the Third Party with the relevant Third Party Support Obligation.
We will put in place relevant Data Processing Addendums with Third Party Support Service providers who may handle Your Data.
In addition, each Bond Loan must either receive Third Party Support or provide additional pledged collateral in the form of Secondary Loans, and/or cash collateral to secure the underlying Bond Loan in an amount ranging from 1% to 10 % of the unpaid principal balance of the Bond Loan.
The actual percentage of required Third Party Support will be determined by the CDFI Fund during Guarantee Application review; however, all applicants should be prepared to provide Third Party Support in an amount up to 10% of the unpaid principal balance of the Bond Loan.
All collateral pledged under the BG Program, including Third Party Support, must conform to the BG Program Secondary Loan Requirements.