RHS definition

RHS means the Rural Housing Service of the U.S. Department of Agriculture or any successor.

RHS means the Rural Housing Service.

RHS. The Rural Housing Service, an agency of the United States Department of Agriculture and any successor thereto and including the Farmers Home Administration, as the predecessor in interest to the Rural Housing Service.

Examples of RHS in a sentence

• If the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to the applicable Agency, FHA, VA, RHS or HUD or (ii) located in a condominium or planned unit development project which has received project approval from the applicable Agency, FHA, VA, RHS or HUD.

• The substance of any such waiver, alteration or modification has been approved by the issuer of any related PMI Policy and the title insurer, if any, to the extent required by the policy, and, with respect to RHS Loans, has been approved by the RHS to the extent required by the Rural Housing Service Guaranty, and its terms are reflected on the Loan Schedule, if applicable.

• If required by the applicable Agency, FHA, VA, RHS or HUD, the Loan is insured by a PMI Policy.

• If required by the Flood Disaster Protection Act of 1973, as amended, the related Mortgaged Property is covered by a flood insurance policy meeting the applicable requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to the applicable Agency, FHA, VA, RHS or HUD guidelines or Seller’s Underwriting Guidelines.

• With respect to each Loan other than a Cooperative Loan or a Second Lien Loan, the lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to the applicable Agency, FHA, VA, RHS or HUD, as applicable.

More Definitions of RHS

RHS means the Rural Housing Service of the USDA.

RHS. ’ means the Rural Housing Service, an agency of the United States Department of Agriculture.

RHS means the United States Department of Agriculture – Rural Housing Services.

RHS means Rural Housing Service of the Department of Agriculture of the United States of America formerly known as FmHA, RHCDS and any agency or instrumentality of the United States of America succeeding to the mortgage guarantee functions thereof.

RHS means the Rural Housing Service, a loan program administered by the United States Department of Agriculture.

RHS means the Rural Housing Service, an agency of the United States Department of Agriculture and any successor thereto and including the Farmers Home Administration, as the predecessor in interest to the Rural Housing Service.

RHS means the registered shareholders of the Issuer that are beneficial owners of the equity securities of the Issuer. For the purposes of this definition, where the beneficial owner controls or is an affiliate of the registered shareholder, the registered shareholder shall be deemed to be the beneficial owner.