Agent Association definition

Agent Association means a credit association (including agricultural cooperatives and rural commercial banks) responsible for preparing and organizing lending association and being entrusted by Member Association to manage loans;
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Examples of Agent Association in a sentence

  • It is understood and agreed that the Negotiating Agent (Association) shall in no event be bound as a principal or Employer hereunder or be held liable as a principal or Employer in any manner for breach of this contract by any party hereto; that the liability of the Employer hereunder is several and not joint.

  • All ISO/ merchant portfolios included in the Program shall be boarded on the TSYS platform in such a manner as to allow TSYS to identify all transaction volume / merchants (i.e. through a separate/unique BIN, Agent, Association, or Group number within the TSYS platforms).

  • If Association’s insurance is insufficient to resolve a claim against Agent, Association remains obligated under this Indemnification clause, including the duty to defend, indemnify and hold Agent harmless as set forth in this Indemnification section, including to reimburse Agent for any expenses paid by Agent required to resolve the claim.

  • The rate center is a set of geographic coordinates, as referenced in National Exchange Digital Agent Association, Inc.

  • When the pandemic exploded realtors all over the US were forced to adjust They needed Top Exclusive Agent Videos National Buyers Agent Association.

  • When Borrower applies for withdrawal from the Agent Association, Borrower shall truthfully fill out the Notice of Entrusted Payment of Fixed Assets Loan for each withdrawal if it meets the conditions for entrusted payment.

  • The loan with single amount exceeding 5% of the total investment of the project and with an amount of more than RMB 500,000 or the loan fund more than RMB 5 million is paid upon Lender’s entrustment, and the Borrower authorizes the Agent Association to pay the loan funds to the Borrower’s counterparts in compliance with the contractual purpose according to Borrower’s withdrawal request and payment entrustment.

  • Other Member Associations independently evaluate the loan of the association based on the Borrower information provided by the Agent Association, unless with the authorization, it generally does not directly request information from Borrower or conduct a field investigation.

  • Borrower shall submit a written application to the Agent Association 15 working days in advance in case of advance payment of principal, and may repay part or all of principal in advance with the consent of all Lenders.

  • After the Lender finds upon review the application meets the conditions for payment, the Agent Association will specifically handle the procedures of entrusted payment of funds, that is, according to the Notice of Entrusted Payment of Fixed Assets Loan, the funds will be directly transferred to the collection account designated in the Notice within 15 working days and Borrower will be informed.

Related to Agent Association

  • professional association means a self-regulatory organization of engineers, geoscientists or both engineers and geoscientists that

  • Trade association means an entity recognized by the State in which the entity is doing business as a trade association and shall not include an organization that is formed for the purposes of providing insurance. “Transaction cutoff date” for weekly data reporting is 8 p.m. Central time on Friday of each week and for monthly data reporting is 8 p.m. Central time on Friday after the first Sunday of the month.

  • Master association means an organization that is authorized to exercise some or all of the powers of one or more associations on behalf of one or more common interest communities or for the benefit of the unit owners of one or more common interest communities.

  • Guaranty association means the Iowa insurance guaranty association created in chapter 515B, the Iowa life and health insurance guaranty association created in chapter 508C, and any other similar entity either presently existing or to be created by the general assembly for the payment of claims of insolvent insurers. “Foreign guaranty association” means a similar entity presently existing in or to be created in the future by the legislature of any other state.

  • Association Representative A member of the Association, who has been designated as a representative by the Association or a staff person of the Association.