Common use of PFI's Financial Ability Impaired Clause in Contracts

PFI's Financial Ability Impaired. It is a breach of this Contract if there is a change in the PFI's financial status that, in the Bank's opinion, materially and adversely affects the PFI's ability to satisfactorily perform any of its obligations under this Contract. Changes of this type include without limitation:

Appears in 2 contracts

Samples: Financial Institution Agreement, Participating Financial Institution Agreement (Federal Home Loan Bank of New York)

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PFI's Financial Ability Impaired. It is a breach of this Contract if there is a change in the PFI's ’s financial status that, in the Bank's ’s opinion, materially and adversely affects the PFI's ’s ability to satisfactorily perform any of its obligations under this Contractsell or service Mortgages. Changes of this type include without limitation:

Appears in 2 contracts

Samples: Financial Institution Agreement (Federal Home Loan Bank of Chicago), Financial Institution Agreement (Federal Home Loan Bank of Chicago)

PFI's Financial Ability Impaired. It is a breach of this Contract if there is a change in the PFI's financial financial status that, in the Bank's opinion, materially and adversely affects affects the PFI's ability to satisfactorily perform any of its obligations under this Contract. Changes of this type include without limitation:

Appears in 2 contracts

Samples: Financial Institution Agreement, Financial Institution Agreement

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PFI's Financial Ability Impaired. It is a breach of this Contract if there is a change in the PFI's ’s financial status that, in the Bank's ’s opinion, materially and adversely affects the PFI's ’s ability to satisfactorily perform any of its obligations under this Contract. Changes of this type include without limitation:

Appears in 2 contracts

Samples: Financial Institution Agreement (Federal Home Loan Bank of Chicago), Financial Institution Agreement (Federal Home Loan Bank of Chicago)

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