Collateral Program definition
Examples of Collateral Program in a sentence
If participating in the Ohio Pooled Collateral Program (“OPCP”), complete the OPCP Application, if not already completed, which shall be incorporated herein by reference.
Deposits shall be secured by the Ohio Pooled Collateral Program under ORC 2.1 Financial Institution agrees that it will give prior written notice to Treasurer if at any time any of the above statements cease to be true and accurate.
If a controversy cannot be resolved, the Lender agree that any legal actions concerning the HI-CAP Collateral Program Documents, the Deposit Agreements and/or this Agreement shall be brought in the State of Hawaii Circuit Court of the First Circuit.
Deposits shall be secured by the Ohio Pooled Collateral Program under ORC § 135.182.1 Financial Institution agrees that it will give prior written notice to Treasurer if at any time any of the above statements cease to be true and accurate.
Only Participating Lenders may enroll eligible Loans into the HI- CAP Collateral Program.
Notwithstanding the foregoing, either party may terminate this Agreement at any time prior to the termination of the HI-CAP Collateral Program, with or without cause, upon delivery of thirty (30) days written notice to the other party.
In addition to reviewing the guidelines and requirements of the HI-CAP Collateral Program, all Lenders whose applications have qualified them for participation in the HI-CAP Collateral Program must attend a mandatory Program Orientation & Training or view the recorded training provided by HGIA before performing any work in connection with the HI-CAP Collateral Program.
HGIA will maintain a Participating Lender Directory (“Participating Lender List”) that lists all Lenders participating in the HI-CAP Collateral Program on HGIA’s website.
HGIA and the Lender desire to sign this Deposit Agreement to provide for the pledge by HGIA of cash collateral to the Lender under the HI-CAP Collateral Program.
Upon Huntington’s full participation in the Ohio Pooled Collateral Program (OPCP), Huntington will provide security at the approved collateral level, as determined by the State, or as further specified in Exhibit A.