Statutory exceptions Clause Samples

Statutory exceptions. The excep- tions to the lending limits set forth in 12 U.S.C. 84 and 12 CFR part 32 are ap- plicable to savings associations in the same manner and to the extent as they apply to national banks.
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Statutory exceptions. All aspects of this collective bargaining agreement are subject to and subordinate to all statutes and regulations adopted by state agencies. The School Board may adopt policies pursuant to those statutes provided that the Board meets its bargaining obligations under Act 195 and that the policies adopted are not inconsistent with this collective bargaining agreement.
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Statutory exceptions. The Handbook will direct HUD personnel to the official directive (▇▇▇▇ 3) for exceptions and other information not covered in the Handbook. The Personnel Security Division will brief and provide a copy of ▇▇▇▇ 3 to all national security clearance holders.
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Statutory exceptions. The excep- tions to the lending limits set forth in 12 U.S.C. 84 and 12 CFR part 32 are ap- plicable to savings associations in the same manner and to the extent as they apply to national banks. (3) Loans to develop domestic residential housing units. Subject to paragraph (d)(4) of this section, a savings associa- tion may make loans to one borrower to develop domestic residential hous- ing units, not to exceed the lesser of $30,000,000 or 30 percent of the savings association’s unimpaired capital and unimpaired surplus, including all amounts loaned under the authority of the General Limitation set forth under paragraphs (c)(1) and (c)(2) of this sec- tion, provided that: (i) The final purchase price of each single family dwelling unit the devel- opment of which is financed under this paragraph (d)(3) does not exceed $500,000; (ii) The savings association is, and continues to be, in compliance with its capital requirements under part 567 of this chapter. (iii) OTS permits, subject to condi- tions it may impose, the savings asso- ciation to use the higher limit set forth under this paragraph (d)(3). A savings association that meets the require- ments of paragraphs (d)(3)(i), (ii), (iv) and (v) of this section and that meets the requirements for ‘‘expedited treat- ment’’ under § 516.5 of this chapter may use the higher limit set forth under this paragraph (d)(3) if the savings as- sociation has filed a notice with OTS that it intends to use the higher limit at least 30 days prior to the proposed use. A savings association that meets the requirements of paragraphs (d)(3)(i), (ii), (iv), and (v) of this section and that meets the requirements for ‘‘standard treatment’’ under § 516.5 of this chapter may use the higher limit set forth under this paragraph (d)(3) if the savings association has filed an ap- plication with OTS and OTS has ap- proved the use the higher limit; (iv) Loans made under this paragraph (d)(3) to all borrowers do not, in aggre- gate, exceed 150 percent of the savings association’s unimpaired capital and unimpaired surplus; and (v) Such loans comply with the appli- cable loan-to-value requirements that apply to Federal savings associations. (4) The authority of a savings asso- ciation to make a loan or extension of credit under the exception in para- graph (d)(3) of this section ceases im- mediately upon the association’s fail- ure to comply with any one of the re- quirements set forth in paragraph (d)(3) of this section or any condition(s) ...
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Related to Statutory exceptions

  • General Exceptions For purposes of Chapter 2 (National Treatment and Market Access for Goods), Chapter 3 (Rules of Origin and Operational Procedures Related to Origin), Chapter 4 (Customs Procedures and Trade Facilitation), Chapter 5 (Trade Remedies), Chapter 6 (Sanitary and Phytosanitary Measures), Chapter 7 (Technical Barriers to Trade), Article XX of the GATT 1994 and its interpretative notes are incorporated into and made part of this Agreement, mutatis mutandis. The Parties understand that the measures referred to in Article XX(b) of the GATT 1994, as incorporated into this Agreement, can include any measure necessary to protect human, animal, or plant life or health, and that Article XX(g) of the GATT 1994 applies to measures relating to the conservation of any exhaustible natural resource.

  • Security Exceptions Nothing in this Agreement shall be construed: (a) to require a Party to furnish or allow access to any information the disclosure of which it determines to be contrary to its essential security interests; or (b) to prevent any Party from taking any action which it considers necessary for the protection of its essential security interests: (i) relating to fissionable and fusionable materials or the materials from which they are derived; (ii) relating to the supply of services as carried out directly for the purpose of provisioning a military establishment; (iii) relating to the traffic in arms, ammunition and implements of war and to such traffic in other goods and materials as is carried on directly or indirectly for the purpose of supplying a military establishment; and (iv) taken in time of war or other emergency in international relations; or (c) to prevent any Party from taking any action in pursuance of its obligations under the United Nations Charter for maintenance of international peace and security.

  • No exceptions Employees who are Participants in the Plan as of the Effective Date.

  • Title Exceptions To the best of Borrower’s knowledge after due inquiry and investigation, none of the items shown in the schedule of exceptions to coverage in the title policy issued to and accepted by Lender contemporaneously with the execution of this Loan Agreement and insuring Lender’s interest in the Mortgaged Property will have a Material Adverse Effect on the (a) ability of Borrower to pay the Loan in full, (b) ability of Borrower to use all or any part of the Mortgaged Property in the manner in which the Mortgaged Property is being used on the Closing Date, except as set forth in Section 6.03, (c) operation of the Mortgaged Property, or (d) value of the Mortgaged Property.

  • Limitations and Exceptions Members shall confine limitations or exceptions to exclusive rights to certain special cases which do not conflict with a normal exploitation of the work and do not unreasonably prejudice the legitimate interests of the right holder.