Examples of Eligible Financial Institution in a sentence
The Eligible Financial Institution or Eligible Finance Lender’s agreement to follow the Program Regulations as set forth in this Article.
This description shouldmust include a comparison between the terms, underwriting criteria, interest rates, or other critical features of the loan program(s) described in subsection (a)(8) above and any existing,EFI’s or EFL’s similar loan product offered by products and the Eligible Financial Institution or Eligible Finance Lender.proposed loan program with and without access to the Credit-Challenged Program.
The Issuer may enter into a financial derivative contract,listed or OTC, with an Eligible Financial Institution.
Credit-Challenged Program” means the optional program in which an Eligible Financial Institution or Eligible Finance Lender can be approved, per the application process described in Section 10091.2(b d), to receive higher Loan Loss Reserve contributionsContributions described in Section 10091.8(l7(b)(1)(B) for Credit- Challenged Borrowers.
Participating Financial Institution” or “PFI” means an Eligible Financial Institution, including their Participating Channel Partner, if applicable, that has been approved by the Executive Director to participate in the Program.