SBRC definition

SBRC means Salomon Brothers Realty Corp., a Delaware corporation.
SBRC means the school budget review committee appointed pursuant to Iowa Code section 257.30.
SBRC. Salomon Brothers Realty Corp., a Delaware corporation. ----

Examples of SBRC in a sentence

  • In consideration for its purchase of the Mortgage Loans, the Depositor will deliver to SBRC immediately available funds.

  • Notwithstanding the foregoing, in the event NCCC fails to repurchase a Mortgage Loan on the related repurchase date or if a Termination Event occurs, New Century and any related Sub-Servicer will no longer be servicer with respect to such Mortgage Loan or Mortgage Loans, unless the term of servicing is extended by SBRC in its sole discretion.

  • In such event, SBRC shall have the right to transfer such servicing to another servicer without payment of any fee to New Century.

  • Any fee payable to the Sub-Servicer shall be paid by New Century without any right of reimbursement by SBRC.

  • The member districts may use this information to request approval of the School Budget Review Committee (SBRC) to treat this cost as a special education cost.

  • Otherwise, without SBRC approval, the cost cannot be expended from special education funding.

  • In connection with a Termination Event under this Section 4, SBRC shall have the right to transfer servicing as provided in Section 1(b).

  • NCCC and New Century acknowledge and confirm that SBRC (i) will rely on such information in the performance of the services contemplated by this letter without independently investigating or verifying any of it, (ii) assumes no responsibility for the accuracy or completeness of such information and (iii) will not disclose such information to any third party without the prior written consent of NCCC or New Century, as applicable.

  • It is further understood that SBRC shall have absolute discretion in determining whether any Mortgage Loan is a Standard Mortgage Loan, Non-Standard Mortgage Loan or Problem Mortgage Loan and SBRC shall have the right to approve or disapprove any Mortgage Loan with an unpaid principal balance in excess of $1,000,000 (for which such Mortgage Loans, NCCC shall have obtained two appraisals).

  • In the event that NCCC satisfies its obligations under the terms of this Letter Agreement, the Aggregation Line shall terminate on the last day of the calendar quarter in which NCCC satisfies its obligations to SBRC pursuant to Section 1(a) of this Letter Agreement.


More Definitions of SBRC

SBRC means Salomon Brothers Realty Corp., a New York corporation.
SBRC. Salomon Brothers Realty Corp. or its successor in interest.
SBRC shall have the meaning set forth in the preamble hereof.

Related to SBRC

  • Constellation has the meaning assigned to that term in the Recitals.

  • IPC means the interim payment certificate issued by the Authority’s Engineer for payment to the Contractor in respect of Contractor’s claims for payment raised in accordance with the provisions of this Agreement;

  • SAIC means the State Administration for Industry and Commerce of the PRC and/or its regional and local counterparts.

  • ECC means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • IOSCO means the International Organisation of Securities Commissions.