Recapture Statement definition

Recapture Statement as defined in Section 1.8.1.
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Recapture Statement shall have the meaning set forth in Section 12.6 hereof.
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Recapture Statement has the meaning set forth in Section 3.1.
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Examples of Recapture Statement in a sentence

  • Cedent shall have the right to review the Proposed Recapture Statement and comment thereon for a period of 45 days after receipt thereof.

  • Promptly after its preparation, Reinsurer shall deliver copies of the Proposed Recapture Statement to Cedent.

  • The determinations by the Third Party Actuary as to the items in dispute shall be in writing and shall be binding and conclusive on the parties and shall be so reflected in the Final Recapture Statement.

  • Following the resolution of all disputed items, Reinsurer shall prepare the Final Recapture Statement and shall deliver copies of such statement to Cedent.

  • Reinsurer agrees that Cedent and its accountants and other agents may have access to the accounting records of Reinsurer relating to its preparation of the Proposed Recapture Statement for the purpose of conducting its review.

  • In the event the Recapture Statement is returned as undeliverable, the Administrator will notify the Issuer immediately upon receipt of such undelivered mail.

  • Any changes in the Proposed Recapture Statement that are agreed to by Reinsurer and Cedent within 45 days of the aforementioned delivery of such statement by Reinsurer shall be incorporated into a final recapture statement as of the close of business on the last day of the month preceding the month in which the Recapture Date falls (the "Final Recapture Statement").

  • The Administrator shall mail such Recapture Statement to the Mortgagor by United States mail to the address of the Single Family Residence financed by the Mortgage Loan.

  • The Notice to Buyers and Recapture Statement may be revised only upon receipt by the Issuer and/or Administrator of an opinion of Bond Counsel that such revision will not adversely impact the tax exempt status of any related Series of Bonds and only with the prior written approval of the Servicer.

  • If Seller fails to deliver a Statement of Earn-Out/Recapture Objections within thirty days, no Statement of Earn-Out/Recapture Objections may be delivered and the Recapture Statement and/or Final Earn-Out Payment Statement, as applicable, shall be deemed final, conclusive and binding upon both Buyer and Seller.

Related to Recapture Statement

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Disclosure Statement means the disclosure statement in respect of the Plan, including all exhibits and schedules thereto, as approved or ratified by the Bankruptcy Court pursuant to section 1125 of the Bankruptcy Code.

  • Disclosure Statement Order means the order of the Bankruptcy Court approving the Disclosure Statement.

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Risk Disclosure Statement the risk disclosure statement provided by the Broker to the Client before the opening of the Account and/or from time to time in form prescribed by the SFC from time to time with the current version set out in Part IV;