Underwriting Authority definition

Underwriting Authority means the President or any official or officials of the Agency designated by the President to make the decision on the issuance of a guarantee and on related matters; and
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Underwriting Authority means the acceptance or declination of risks
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Examples of Underwriting Authority in a sentence

  • The Company retains Underwriting Authority for all policies issued under these agreements.

  • Underwriting Authority • Delegated underwriting only • Non-delegated underwriting not permitted FICO Requirements • All borrowers must have a 640 minimum credit score subject to an AUS approval • If any of the borrowers do not have a usable credit score, the loan is NOT eligible.

  • When binding authority is restricted, applications for new policies that meet the restriction criteria will not be accepted by the Company or Underwriting Authority.

  • Underwriting Authority • Delegated underwriting only o Non-delegated underwriting not permitted FICO Requirements • All borrowers must have a 640 minimum credit score subject to an AUS approval • If any of the borrowers do not have a usable credit score, the loan is NOT eligible.

  • Once the partner receives the full HECM DE Underwriting Authority approval letter from HUD, the FAH TPO approval group should be notified, and a request submitted to convert them from a conditionally approved to an unconditionally approved CLS.

  • DELEGATED UNDERWRITING OF MORTGAGE INSURANCE 1A.01 Delegation of Underwriting Authority Upon your request, and at our sole discretion, we may delegate to you our authority to underwrite mortgage insurance on Loans pursuant to the Approved Underwriting Guidelines and subject to the Delegated Program Manual.

  • Manuscripts are managed in line with the Underwriting Authority Matrix contained within LARS.

  • Endorsements are managed in line with the Underwriting Authority Matrix contained within the Licensing and Authority Register System (LARS), and are managed by the NPM within their respective portfolio.

  • Additionally, the Company grants certain brokers Underwriting Authority (UA).

  • Huntington may grant Delegated Underwriting Authority for Correspondents that meet our specific guidelines.

Related to Underwriting Authority

  • Underwriting Standards As to each Mortgage Loan, the Seller's underwriting guidelines in effect as of the date of origination of such Mortgage Loan.

  • Requesting Authority means the Authority making a request under this MoU.

  • Controlling Authority means the Minister administering the Tasmanian State Service Act 1984.

  • Funding Authority means the body awarding the grant for the Project.

  • Underwriting Agreement means the underwriting agreement, dated as of _________, 2024, among the Company and Xxxxx-Xxxxxx Capital Group LLC as representative of the underwriters named therein, as amended, modified or supplemented from time to time in accordance with its terms.

  • Managing Underwriters means the investment banker or investment bankers and manager or managers that administer an underwritten offering, if any, under a Registration Statement.

  • Underwriters means the underwriters named in Schedule A to the Underwriting Agreement.

  • Purchasing Authority means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the Purchaser.

  • Franchising Authority means any Governmental Authority authorized by any federal, state or local law to grant a Franchise or to exercise jurisdiction over the rates or services provided by a cable television system pursuant to a Franchise or over Persons holding a Franchise.

  • securities regulatory authority or “SRA” means a body created by statute in any Canadian or foreign jurisdiction to administer securities law, regulation and policy (e.g. securities commission), but does not include an exchange or other self regulatory entity;

  • Regulatory Authority means any federal, national, multinational, state, county, city, provincial, or local regulatory agency, department, bureau or other governmental entity with authority over the marketing, commercialization, manufacture or sale of a pharmaceutical product in the Territory, including the FDA in the United States and the EMA in the EU.

  • Issuing authority means the authorized representative of the department of the City who issued the solicitation.

  • Accounting Authority means the Board of PRASA;

  • Managing Underwriter means, with respect to any Underwritten Offering, the book-running lead manager of such Underwritten Offering.

  • Underwrite means the authority to accept or reject risk on behalf of the insurer.

  • Chartering Authority means (i) with respect to a national bank, the Office of the Comptroller of the Currency, (ii) with respect to a Federal savings association or savings bank, the Office of Thrift Supervision, (iii) with respect to a bank or savings institution chartered by a State, the agency of such State charged with primary responsibility for regulating and/or closing banks or savings institutions, as the case may be, (iv) the Corporation in accordance with 12 U.S.C. Section 1821(c), with regard to self appointment, or (v) the appropriate Federal banking agency in accordance with 12 U.S.C. 1821(c)(9).

  • investigating authority means an authority that in terms of national legislation may investigate unlawful activities;

  • Authority or Housing Authority (HA) means the Housing Authority.

  • Underwriting (the "Directed Share Program"). The Shares to be sold by Xxxxxx Xxxxxxx pursuant to the Directed Share Program (the "Directed Shares") will be sold by Xxxxxx Xxxxxxx pursuant to this Agreement at the public offering price. Any Directed Shares not orally confirmed for purchase by any Participants by the end of the first business day after the date on which this Agreement is executed will be offered to the public by Xxxxxx Xxxxxxx as set forth in the Prospectus.

  • Applicable Insurance Regulatory Authority means, when used with respect to any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in (x) the state or other jurisdiction in which such Insurance Subsidiary is domiciled or (y) to the extent asserting regulatory jurisdiction over such Insurance Subsidiary, the insurance department, authority or agency in each state or other jurisdiction in which such Insurance Subsidiary is licensed, and shall include any Federal insurance regulatory department, authority or agency that may be created in the future and that asserts regulatory jurisdiction over such Insurance Subsidiary.

  • Underwriting Policy means an underwriting policy approved by Our board of directors;

  • Underwritten Securities shall include the Initial Underwritten Securities and all or any portion of the Option Securities agreed to be purchased by the Underwriters as provided herein, if any. The Terms Agreement, which shall be substantially in the form of Exhibit A hereto, may take the form of an exchange of any standard form of written telecommunication between you and the Company. Each offering of Underwritten Securities through you or through an underwriting syndicate managed by you will be governed by this Agreement, as supplemented by the applicable Terms Agreement.

  • Signing Authority means an officer or agent of the organization with written authorization to commit the legal entity to a binding agreement.

  • Permitting authority means the Iowa department of natural resources or the director thereof.

  • registering authority means the registrar of titles or anyone else required or permitted to record interests in property.

  • Planning Authority means the responsible entity that coordinates and integrates transmission facility and service plans, resource plans, and protection systems.