AHP Implementation Plan definition

AHP Implementation Plan means the written AHP Implementation Plan adopted by the Board of Directors of the Bank as in effect from time to time.
View Source

Examples of AHP Implementation Plan in a sentence

  • The Member hereby applies to the Bank for Subsidy on the terms described below and pursuant to the terms and conditions of the AHP Implementation Plan and the Advances, Pledge, and Security Agreement (“Advances Agreement”) between the Bank and Member.

  • This Agreement is subject to the terms and conditions of the Homeownership Initiatives Registration and Certification Form, the AHP Implementation Plan as same may be amended or adopted from time to time, the Advances Agreement, the Bank's Collateral Policy and Credit Policy Manual and such other program documents as are in effect from time to time and the regulations of the FHFA.

  • The AHP Implementation Plan of the Bank or any successor in interest to the Bank as may be in effect from time to time.

  • Upon request, or as set forth in the AHP Implementation Plan, the Member shall certify to the Bank that the use of the Subsidy continues to be in compliance with Section 10 of the Federal Home Loan Bank Act and the applicable regulatory requirements (12 C.F.R. Part 1291, as amended).

  • Unless an exception is specifically granted by the Bank, if the subsidy is not drawn down and used by eligible households within the timeframe(s) set forth in the Bank’s AHP Implementation Plan, the Bank shall cancel its approval, any funded subsidy shall be returned to the Bank, and the Bank shall make such cancelled subsidy available for other AHP-eligible households.

  • In the event there is a conflict between the AHP Implementation Plan and this Agreement, the terms of the Implementation Plan in effect at the time of the conflict will control.

  • The subsidy must be drawn down and used by eligible households within the timeframe(s) set forth in the Bank’s AHP Implementation Plan.

  • The Member shall use the subsidy in accordance with the terms of the requirements of the AHP Regulations and the Bank’s AHP policies, procedures, and AHP Implementation Plan (collectively the “AHP Requirements”).

  • The subsidy will be used only as set forth in the Application (or any subsequent approved modification), and consistent with the requirements of the AHP regulations and the Bank’s AHP Implementation Plan.

  • The Member shall ensure that an owner- occupied unit that is purchased or constructed with the proceeds of an AHP Set-aside direct subsidy is subject to a deed restriction or other legally enforceable retention agreement that complies with the regulatory requirements set forth in Section 1291.15 of the AHP Regulations, and as more specifically set forth in the AHP Implementation Plan, as updated from time to time.

Related to AHP Implementation Plan

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • State implementation plan or “SIP” means the plan adopted by the state of Iowa and approved by the Administrator which provides for implementation, maintenance, and enforcement of such primary and secondary ambient air quality standards as they are adopted by the Administrator, pursuant to the Act.

  • Plan Implementation Date means the Business Day on which all of the conditions precedent to the implementation of the Plan have been fulfilled, or, to the extent permitted pursuant to the terms and conditions of the Plan, waived, as evidenced by the Monitor’s Plan Implementation Date Certificate to be filed with the Court;

  • Implementation Letter means the letter of even date herewith, from the Borrower to the Bank, containing the performance indicators for Project monitoring and evaluation;