HPCI definition
Examples of HPCI in a sentence
Any notice, request, demand, instruction, or other communication to be given any party hereto in writing shall be effective upon delivery during regular business hours at the offices of HPCI and HNB hereinafter set forth.
Such party is duly organized, validly existing, and in good standing under the laws of the State of Ohio, as for HPCI, and the United States of America, as for HNB, with full power and authority to own its properties and to conduct its business, and, at all relevant times, to perform its duties hereunder.
Such communications shall be given by telecopy, commercial delivery service, or sent by certified mail, postage prepaid, and return receipt requested, as follows: If to HPCI: Huntington Preferred Capital, Inc.
HNB shall provide HPCI with a copy of the FHLB Borrowing Capacity report upon HPCI's request.
As used herein, Certified Collateral Balance means the sum of the amounts listed as such by HNB on the FHLB Borrowing Capacity report submitted by HNB monthly to FHLBC for the category or categories of loans (e.g., 1-4 Family, Second Mtgs, and/or HELOCs) that are pledged as Collateral by HPCI (referred to as "REIT" on the FHLB Borrowing Capacity report) to FHLBC during that month.
The users of the RESEARCH will additionally need to pass the SPHN Data Privacy and IT Security Training, sign the SwissPKcdw and AUP of Leonhard Med secure HPCI (LM) policies and obtain an ethical approval for doing research with specific DATA.
HNB will pay a monthly fee (the “Fee”) to HPCI equal to the product of 2.9167 basis points times the total loans pledged by HPCI as reflected on the Collateral Certification report submitted monthly by HNB to FHLBC.
As used herein, Participation Percentage shall mean HPCI's percentage ownership interest in the category or categories of loans (e.g., 1-4 Family, Second Mtgs, and/or HELOCs) that were owned by HNB or one of its affiliates and that are participated to HPCI from time to time.
HNB and HPCI desire to amend and restate the Original Agreement to reflect a change in the compensation to be paid from HNB to HPCI for the pledge of the collateral.
HNB and HPCI have previously entered into an Agreement, dated as of August 19, 2002 (the “Original Agreement”), to provide for the terms and conditions on which HPCI may, in its discretion, pledge the Collateral and the compensation to be paid from HNB to HPCI for such pledge.