CMHC Sample Clauses
The CMHC clause establishes the requirements and obligations related to the Canada Mortgage and Housing Corporation (CMHC) in a real estate transaction. Typically, this clause outlines the need for the buyer to obtain mortgage insurance from CMHC if their down payment is below a certain threshold, and may specify conditions such as the buyer's responsibility for application and premium costs. Its core function is to ensure that both parties understand the necessity and implications of CMHC insurance, thereby facilitating mortgage approval and reducing lender risk in transactions with lower down payments.
CMHC. There shall be no obligation for CMHC to indemnify the Sublessor herein.
CMHC. 22.1 Notwithstanding any other provisions of this Sublease, where the whole or any part of the interest of the Sublessee under this Sublease is mortgaged to a Mortgagee, insured against borrower default, under the National Housing Act (Canada), then:
(a) the Sublessor shall not exercise effectively as against the Mortgagee any right of re-entry or distress or right to terminate this Sublease until:
(i) the Sublessor gives to the Mortgagee at least 45 days in writing of the intention to re-enter or to distrain or to terminate specifying the full particulars of the grounds therefore;
(ii) the Mortgagee does not during that 45 day period either remedy all specified proper grounds for re-entry or distraint or termination or give to the Sublessor notice in writing that the Mortgagee intends to take, or has taken, formal proceedings for the enforcement of its mortgage and the protection of its position; and
(iii) the Mortgagee, having given the notice specified in (ii), has had reasonable time to pursue to their conclusion all reasonable proceedings for the enforcement of its mortgage and the protection of its position;
(b) if upon the conclusion of proceedings by the Mortgagee for the enforcement of its mortgage and the protection of its position the rights of the Sublessee have been released to the Mortgagee or foreclosed or sold then thereupon all then existing grounds for re-entry or distress or termination and all the existing rights (if any) of re-entry or distress or termination shall terminate and the Mortgagee or purchaser shall become the sublessor free of all liability for such grounds;
(c) where the Sublessor, at the request of the Sublessee, intends to terminate the Sublease either by surrender or otherwise, notice of such intention shall be given in writing to the Mortgagee, allowing the Mortgagee at least sixty (60) days to obtain repayment in full of the outstanding mortgage, inclusive of interest and penalties, or take mortgage default enforcement action with its rights pursuant to paragraphs (a), (b) and (c) herein intact. If the Mortgagee provides to the Sublessor notice of its intention to commence or the commencement of mortgage default enforcement action to realize on its security, including but not limited to foreclosure proceedings, the Sublessor shall not accept a surrender of this Sublease;
(d) throughout any period of time during which, as a result of proceedings for default under the mortgage including transfer of title under the Nati...
CMHC. Applies effective strategies to promote client understanding of and access to a variety of community resources.
CMHC. Demonstrates the ability to apply and adhere to ethical and legal standards in clinical mental health counseling.
CMHC. Understands the operation of an emergency management system within clinical mental health agencies and in the community.
CMHC. Demonstrates skill in conducting an intake interview, a mental status evaluation, a biopsychosocial history, a mental health history, and a psychological assessment for treatment planning and caseload management.
CMHC. Demonstrates appropriate use of culturally responsive individual, couple, family, group, and systems modalities for initiating, maintaining, and terminating counseling. CMHC.D.6. Demonstrates the ability to use procedures for assessing and managing suicide risk.
CMHC. Demonstrates the ability to modify counseling systems, theories, techniques, and interventions to make them culturally appropriate for diverse populations.
CMHC. Differentiates between diagnosis and developmentally appropriate reactions during crises, disasters, and other trauma-causing events.
CMHC. In the event of a default by any Underwriter as set forth in this Section 10, which shall not cause this Agreement to be terminated, either CMHC or the Representatives shall have the right to postpone the Closing Date for such period, not exceeding seven days, as the Representatives shall determine in order that the required changes in the Registration Statement and the Final Prospectus or in any other documents or arrangements may be effected. Nothing contained in this Agreement shall relieve any defaulting Underwriter of its liability, if any, to CMHC and any nondefaulting Underwriter for damages occasioned by its default hereunder.