Lending Guidelines Sample Clauses

The Lending Guidelines clause sets out the rules and criteria that govern how loans are to be made under an agreement. It typically details the conditions borrowers must meet, the types of loans permitted, and any limitations on amounts or purposes. For example, it may specify acceptable collateral, required documentation, or maximum loan-to-value ratios. This clause ensures that all lending activity is conducted within agreed parameters, thereby managing risk and providing clarity for both lenders and borrowers.
Lending Guidelines. A. The Lending Agent may only lend securities whose country of issuance is listed on the Program Manager’s list of Approved Countries for Equity Lending and Fixed Income Lending, a copy of which is attached hereto as Exhibit A. B. Collateralization 1. The required amount of collateralization upon the making of a loan shall be market value times the appropriate percentage for each security type: a. Domestic Securities – 102% b. International fixed income securities – 102% c. International equity securities – 105% 2. If the market value of the given collateral falls to 100% or below of the loaned security market value, the Lending Agent shall obtain additional collateral to bring the collateralization back to initial margin requirement by the end of the next business day. 3. The following forms of collateral are acceptable: a. Cash; b. Securities issued or guaranteed by the U.S. government or its agencies or instrumentalities; c. Irrevocable, non-negotiable standby letters of credit issued by a bank that qualifies as an investment company custodian bank under the 1940 Act or any “eligible foreign custodian” as defined in Rule l7f-5 under the 1940 Act; and d. In connection with loans of internationally traded debt and equity securities made through the Euroclear Securities Lending and Borrowing Program of ▇▇▇▇▇▇ Guaranty Trust Company of New York, a guaranty issued by the program sponsor to participants in that program.
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Lending Guidelines. Lending Guidelines means those guidelines established from time to time by Lender for the development, implementation, and administration of the Loans.. Both parties agree to act in good faith and in a commercially reasonable manner in connection with the implementation and administration of the Lending Guidelines.
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Lending Guidelines. ▇▇▇▇▇ understands and agrees that it is their sole discretion if and when they choose to initiate a loan lock with their lender. Extensions on loan locks are not the responsibility of the Seller and any costs associated with the extension will be the exclusive responsibility of the Buyer. It is recommended Buyer communicate with their Lender and Realtor before locking in a loan rate. Due to it being new construction, with possible upgrades, and lack of comparables, Buyer acknowledges that the purchase agreement is not contingent on the home appraising for the actual final sales price. In the event the appraisal is less than the purchase price, the buyer(s) agree to pay the difference with cash at closing.
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Related to Lending Guidelines

  • Ordering Guidelines and Processes 1.13.1 For information regarding Ordering Guidelines and Processes for various Network Elements, Combinations and Other Services, AFN should refer to the “Guides” section of the BellSouth Interconnection Web site, which is incorporated herein by reference, as amended from time to time. The Web site address is: http//▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/. 1.13.2 Additional information may also be found in the individual CLEC Information Packages, which are incorporated herein by reference, as amended from time to time, located at the “CLEC UNE Products” Web site address: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/guides/html/unes.html. 1.13.3 The provisioning of Network Elements, Combinations and Other Services to AFN’s Collocation Space will require cross-connections within the central office to connect the Network Element, Combinations or Other Services to the demarcation point associated with AFN’s Collocation Space. These cross- connects are separate components that are not considered a part of the Network Element, Combinations or Other Services and, thus, have a separate charge pursuant to this Agreement.

  • Underwriting Guidelines A true and correct copy of the Underwriting Guidelines certified by an officer of the Seller.

  • Hot Weather Guidelines For the purposes of site based discussions regarding the need to plan and perform work during expected periods of hot weather, the following issues shall be considered in conjunction with proper consideration of Occupational Health and Safety issues.

  • Applicable Guidelines The Sentencing Guidelines to be considered in this case are those in effect at the time of sentencing. The following statements regarding the calculation of the Sentencing Guidelines are based on the Guidelines Manual currently in effect, namely the November 2011 Guidelines Manual.

  • Predatory Lending Regulations; High Cost Loans None of the Mortgage Loans are classified as (a) “high cost” loans under the Home Ownership and Equity Protection Act of 1994 or (b) “high cost,” “threshold,” “predatory” or “covered” loans or “High Cost Home Loans” under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees);