Loan Committee definition

Loan Committee means a committee appointed by the board of directors of a corporation to determine the course of action on a loan application pursuant to this chapter.

Loan Committee means a committee appointed by the board of directors of a corporation to determine the course of action on a loan application pursuant to Chapter 6 (commencing with Section 63088) of Division 1 of Title 6.7 of the Government Code.

Loan Committee has the meaning set forth in Recital K. "Loss" or "Losses" includes any loss, liability, damage, cost, expense or charge and reasonable attorneys' fees and costs, including those incurred in a proceeding in court or by mediation or arbitration, on appeal or in the enforcement of OCII’s or the City's rights or in defense of any action in a bankruptcy proceeding.

Examples of Loan Committee in a sentence

• For multi-state CDCs there must be a separate Loan Committee for each state into which the CDC expands.

• Prior to commitment, the proposed loan must be approved by the DCA Project Loan Committee (Committee).

• There must be no actual or apparent conflict of interest with respect to any actions of the Loan Committee.

• Such loans will be approved by the Head of the NATO body on the basis of the recommendation of a Loan Committee.

• There must be no actual or appearance of a conflict of interest with respect to any actions of the Loan Committee, including for example, a Loan Committee member participating in deliberations on a 504 loan for which the Third Party Lender is the member’s employer or the member is otherwise associated with the Third Party Lender.

More Definitions of Loan Committee

Loan Committee means the committee of the board established to review loan applications pursuant to 261—paragraph 403.3(6)“b.”

Loan Committee or “Review Committee” means a group composed of at least five persons including a Board member appointed by the Chairman of the Board or other committee as designated by the Board who will be responsible for review and approval of Applications under the PLP Program. Meetings of the Loan Committee shall be called by the Chairperson of the Committee who shall be appointed by the Executive Director.

Loan Committee means those directors who, from time to time, have been duly appointed by the chairperson of the board of directors of the Foundation to serve as members of its loan committee in accordance with these loan policies, the articles of incorporation of the Foundation and its bylaws.

Loan Committee means the Committee of the Board of Directors appointed by the Co-Chairman to review loan requests.

Loan Committee means any loan committee selected by the DirectoFinance Manager from the Finance Committee or otherwise appointed by the DirectoFinance Manager. The Loan Committee shall consist of at least three members, and the DirectoFinance Manager shall select one of its members to be chair. The Loan Committee shall meet at the call of the chair. Two members of the Loan Committee shall constitute a quorum to transact the business of the Loan Committee.¶

Loan Committee means the Committee constituted by the Executive Director for recommendation of various loans to the members of the Scheduled Castes/ Handicapped persons / safai karamcharis.

Loan Committee has the meaning set forth in Recital M.