required lender — USA required lenders, Also known as majority lender. Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 50% of the sum of unused commitments and outstanding loans under the loan agreement. Required… … Law dictionary
Lenders mortgage insurance — (LMI), also known as Private mortgage insurance (PMI) in the US, is insurance payable to a lender or trustee for a pool of securities that may be required when taking out a mortgage loan. It is insurance to offset losses in the case where a… … Wikipedia
requisite class lenders — USA Typically defined in a loan agreement to mean, as of any date, the required lenders within a class of loan under a loan agreement (for example, 50% of term lenders or 50% of revolving commitment lenders). Requisite class lender approval may… … Law dictionary
majority lenders — USA required lenders, Also known as majority lender. Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 50% of the sum of unused commitments and outstanding loans under the loan agreement. Required… … Law dictionary
requisite lenders — USA Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 66 2/3% of the sum of unused commitments and outstanding loans under the loan agreement. Requisite lender approval is required for certain… … Law dictionary
majority lender — USA required lenders, Also known as majority lender. Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 50% of the sum of unused commitments and outstanding loans under the loan agreement. Required… … Law dictionary
requisite lender — USA Typically defined in a loan agreement to mean, as of any date, the lenders holding greater than 66 2/3% of the sum of unused commitments and outstanding loans under the loan agreement. Requisite lender approval is required for certain… … Law dictionary
supermajority voting — USA This term has a number of meanings. In the context of: • Finance, it is also known as requisite lender voting. A requirement for the affirmative vote of lenders holding more than a majority (usually 66 2/3%) of the amount of unused… … Law dictionary
Institutional discrimination in the housing market — Discrimination and segregation in the United States housing market has endured despite the condemnation of discriminatory practices. Institutionalized, or systematic, racism occurs even though overt racist policies have been discontinued. Race is … Wikipedia
Great Society — The Great Society was also a 1960s band featuring Grace Slick, and a 1914 book by English social theorist Graham Wallas. The Great Society was a set of domestic programs proposed or enacted in the United States on the initiative of President… … Wikipedia
