Eligible Borrowers. BUYERS. Bank may lend securities only to such securities brokers and dealers or other person or entities as are listed in the attached Exhibit A, as amended from time to time ("Borrowers"), unless and until otherwise instructed in writing by Principal. Bank may engage in reverse repurchase agreement transactions on Principal's behalf with only those brokers and dealers or other person or entities as are listed on the attached Exhibit A, as amended from time to time ("Buyers"), unless and until otherwise instructed in writing by Principal. All securities lending transactions and reverse repurchase agreement transactions entered into by Bank hereunder shall be entered into pursuant to related agreements between the Borrowers or Buyers, as the case may be, and Bank on behalf of Principal. Principal's execution of Exhibits A, B, and C or any amendment to Exhibits A, B, or C shall constitute Principal's representation and agreement that it has received, read, and understood the terms of each such agreement in respect of each Borrower or Buyer, as the case may be, listed thereon. Principal hereby (i) represents and warrants to Bank (which representations shall be deemed repeated at and as of all times when this Addendum is in effect) that Principal has the power and authority, and has taken all necessary action, to enter into this Addendum and each such agreement, and to perform the obligations of a lender or seller, as the case may be, under such transactions, and to authorize Bank to execute and deliver each such agreement on Principal's behalf and to enter into such transactions and to perform the obligations of a lender or seller, as the case may be, under such transactions on behalf of Principal, and (ii) authorizes Bank to execute and deliver each such agreement on Principal's behalf and to enter into any transaction of a nature contemplated by any such agreement on behalf of Principal and to perform the obligations of a lender or seller, as the case may be, under such transactions on behalf of Principal and (iii) has furnished or will furnish Bank with evidence satisfactory to Bank that Principal has all necessary authority to enter into this Addendum and each of the transactions contemplated hereby. Bank shall have full unlimited power and authority to perform and each and every act or thing it may in its discretion deem necessary or appropriate in respect of any Securities Lending Agreement or Reverse Repurchase Agreement or any securities loan or any r...
Eligible Borrowers. A. No Borrower income limits.
Eligible Borrowers. (11) Eligible borrowers under Estia are either individuals who contracted a mortgage loan or micro businesses and small businesses which received a business loan. The Scheme has common eligibility criteria for both types of borrowers.
Eligible Borrowers. Owners of 1-4 unit residential properties within the Columbia Park Neighborhood who meet the program guideline criteria
Eligible Borrowers. All borrowers must be legally residing in the United States and may include: U.S. Citizens, Permanent Resident Aliens and Non-Permanent Aliens
Eligible Borrowers. Owners of 1-4 unit properties within the Columbia Park Neighborhood who meet the program guideline criteria. The borrower must not be eligible for any other financing administered by CEE in order to obtain an Emergency Deferred Loan.
Eligible Borrowers. Individuals only. All borrowers on the original mortgage loan which is being refinanced must be parties to the refinance transaction. Non-occupying co-borrowers cannot be added to the new mortgage loan. They are permitted only when the individuals were co-borrowers on the original loan. If a co-borrower is being removed on a FHA loan, the mortgage loan must be underwritten and documented using FHA’s Credit Qualifying Streamline Refinance Guidelines. All borrowers must have a minimum credit score of 620. The middle score from the three credit repositories – Equifax, Experian & TransUnion must be used. If there are less than three reported scores the lowest will be used. If the borrower does not have a credit score they do not qualify. All other borrower eligibility is determined by the respective Federal Agency (FHA or VA) guidelines. Please refer to Chapter 3, Section 3-4 of the Guide for more details.
Eligible Borrowers. The school must determine that an NFLP loan applicant is eligible before making the loan. To be eligible to receive an NFLP loan, a borrower must: Be a U.S. citizen or national of the U.S, or a lawful permanent resident of the U.S. and its territories; 2 Be enrolled as a student in good standing in an advanced nurse education program at the school; Maintain “good academic standing” according to the school while enrolled in the advanced nurse education program; and Have no judgment liens entered against him/her based on the default on a federal debt, 28 U.S.C. 3201(e). Making the NFLP Loan The school will make NFLP loans to eligible students for the cost of tuition, fees, books, lab expenses, and other reasonable education expenses. The school should offer full support or the amount requested by the student to cover the full or partial tuition/fees on a first-come-first-serve basis for an academic year until funds are expended. An NFLP loan may not exceed $35,500 per student for any academic period (such amounts shall be adjusted to provide for cost of attendance (that is, the cost of tuition, fees, books laboratory expenses, and other reasonable education expenses, increase for the yearly loan rate, and the aggregate loan), not to exceed five years of support to a student. The school must develop student budgets that treat students within groups consistently, but are sensitive to individual circumstances. The school must send a loan award notification letter to each student. The award letter must require the student’s signature to indicate acceptance or rejection of the NFLP loan and the return of this document to the school. The school must provide the student with a copy of this document. The school must execute an NFLP Promissory Note when making an NFLP loan. (EXHIBIT A) Modification of the Promissory Note requires prior approval of HHS. The borrower must sign the Promissory Note prior to disbursement of loan funds. It is not necessary to have a separate Promissory Note signed each time a student receives an advance of funds. The school must give the borrower a copy of each note. Any NFLP statutory amendment affecting the terms of the NFLP loan requires an amended Promissory Note for future loans and, in some circumstances, an amendment to previously executed Promissory Notes. The school must disburse the NFLP loan in payments not to exceed the amounts needed by the borrower for the relevant period of time. The borrower must complete the specified educ...
Eligible Borrowers. All borrower accounts pertaining to Business Enterprises /MSMEs/Loans to individuals for specific businesses purposes (as specified in the FAQs) with combined outstanding loans across all MLIs of up to Rs. 50 crore as on 29.2.2020, and annual turnover of up to Rs. 250 crore for FY 2019-20 are eligible for the Scheme. MLIs are expected to check with credit bureau the overall outstanding of the borrower to assess the eligibility of the borrower. • Loans provided to Business Enterprises / MSMEs constituted as Proprietorship, Partnership, registered company, trusts and Limited Liability Partnerships (LLPs)shall be eligible under the Scheme. As per decision taken on August 03, 2020, loans provided to individuals for business purposes shall also be eligible (as specified in the FAQs). • For the purpose of this Scheme, Business Enterprises / MSMEs would include loans covered under Pradhan Mantri Mudra Yojana extended on or before 29.2.2020 and reported on the MUDRA portal. All eligibility conditions including the condition related to Days past due would also apply to PMMY loans. • Loans provided in individual capacity are covered under the Scheme. However, such loans should be restricted to business loans taken by individuals (as specified in the FAQs) for their own businesses and should be supported with a Management Certificate to this effect at the time of guarantee application. These loans should also meet the other eligibility criteria of the scheme. • The Scheme is valid for existing customers on the books of the MLIs. Borrower accounts should be less than or equal to 60 days past due as on 29th February, 2020 in order to be eligible under the Scheme. i.e. All borrowers which have not been classified as SMA 2 or NPA by any of the MLIs as on 29th February, 2020 will be eligible for the Scheme. • Days Past Due status as on 29.2.2020 to be checked across MLIs from credit bureau.
Eligible Borrowers. The school must determine that an NFLP loan applicant is eligible before making the loan. To be eligible to receive an NFLP loan, a borrower must:
