Program Administration Agreement definition
Examples of Program Administration Agreement in a sentence
Pursuant to its related Program Administration Agreement, each of Nieuw Amsterdam and Victory has appointed and authorized its related Program Administrator (or its respective designees) to take such action as agent on its behalf and to exercise such powers under this Agreement as are delegated to its related Program Administrator by the terms hereof, together with such powers as are reasonably incidental thereto.
The Base Rent set forth above includes the Interest Component, Principal Component and Administrative Fee payable under the Program Administration Agreement.
This Interlocal Agreement shall terminate automatically if either the Program Administration Agreement or the Custody Agreement is not amended to name a new Administrator or Custodian on or before the day that is immediately prior to the date on which the resignation, withdrawal, or removal of the Administrator or Custodian would otherwise become effective.
The Lender hereby acknowledges its receipt of the Administrator’s Guidelines established in connection with the Program and the Program Administration Agreement (the “Program Administration Agreement”) by and between the City and Housing and Development Services, Inc.
The Lender hereby covenants and agrees to originate mortgage loans in accordance with the Administrator’s Guidelines and the Program Administration Agreement.