Sentences with phrase «under the loan arrangement»

Under the loan arrangement, a maximum of US$ 50 million can be on - lent to any single borrower at single digit interest rate for a tenor of between seven and 12 years, with a moratorium of two to three - and - a-half years — depending on project's cash flow.

If the employee fulfills the term and requirements of the agreement, all restrictions are released under the loan arrangement, or ownership of the policy is transferred to the employee under the economic benefit arrangement.

Under the loan arrangement, the employee is the owner of the policy and the employer pays the premium.

Not exact matches

Theoretically, banks would be able to refinance up to 30 percent of their loan books under this new arrangement.

If a loan is in default, the borrower can only consolidate the loan under two conditions: the borrower must agree to repay the loan under an income - driven repayment plan, or make payment arrangements with the current loan servicer.

In June, a notice from the Ontario Securities Commission cautioned peer - to - peer lenders that a loan arrangement entered into on their websites «may» constitute a security under provincial regulations, which reinforced the view of players such as Grouplend and Borrowell that they should be sticking with wealthy «prospectus exempt» investors to be on the safe side.

Mitrovic moved from Newcastle to Fulham on loan in January, as Grabban left Bournemouth for Aston Villa under an identical arrangement.

If a loan is in default, the borrower can only consolidate the loan under two conditions: the borrower must agree to repay the loan under an income - driven repayment plan, or make payment arrangements with the current loan servicer.

Homeowners are given a 3 - month trial period to prove they are able to keep their obligations under new loan arrangements.

Loans made under this arrangement are sometimes called signature loans; in other words, a loan is granted based only on the customer's words, through signing an agreement that the loan amount will be Loans made under this arrangement are sometimes called signature loans; in other words, a loan is granted based only on the customer's words, through signing an agreement that the loan amount will be loans; in other words, a loan is granted based only on the customer's words, through signing an agreement that the loan amount will be paid.

However, under no circumstances should you accept a financial arrangement that causes any money that you pay above and beyond the minimum monthly (or biweekly) mortgage payment to the interest on the loan.

If you are in default for a loan but wish to consolidate it, you must first make a repayment arrangement with your current loan provider, or agree to repay the new consolidated loan under one of the government's income - driven repayment programs (PAYE, REPAYE, IBR).

If you want to consolidate a defaulted loan, you must either make satisfactory repayment arrangements on the loan with your current loan servicer before you consolidate, or you must agree to repay your new Direct Consolidation Loan under loan, you must either make satisfactory repayment arrangements on the loan with your current loan servicer before you consolidate, or you must agree to repay your new Direct Consolidation Loan under loan with your current loan servicer before you consolidate, or you must agree to repay your new Direct Consolidation Loan under loan servicer before you consolidate, or you must agree to repay your new Direct Consolidation Loan under Loan under the:

As with other super fund assets, there can't be a loan or covenant (charge) over an asset (unless the asset was acquired under a limited recourse borrowing arrangement).

Under this arrangement, a single loan is used to repay all debts of the borrower.

Although SimpleTuition discloses its monetary arrangements with loan providers on its site, the company has come under criticism for conflicts of interests having to do with pay - for - placement schemes.

The Georgia Supreme Court will hear a case that could decide whether lawsuit lending arrangements actually qualify as loans under state law and are subject to regulation....

GIP Primus LP and Brightwood Loan Services LLC (collectively «GIP») and Port of Algoma Inc. («Portco») apply for leave to appeal an order made in the context of insolvency proceedings under the Companies» Creditors Arrangement Act, RSC 1985, c C - 36 («CCAA»).

With this approach, because the employee owns the policy, it is most common under current tax laws to structure the arrangement so the employer «loans» the amount of the premiums to the employee.

Before accepting or paying a fee for referral of a residential mortgage loan transaction you must determine if a payment (or fee splitting arrangement) is permissible under RESPA.

In all these cases, you must be sure to comply with the affiliated business arrangement and antikickback rules under the federal Real Estate Settlement Procedures Act, which prohibits the exchange of anything of value between your associates and the lending arm for referral of loan business.

Affiliated Business Arrangment means an arrangement in which (A) a person who is in a position to refer business incident to or a part of a real estate settlement service involving a federally related mortgage loan, or an associate of such person, has either an affiliate relationship with or a direct or beneficial ownership interest of more than 1 percent in a provider of settlement services; and (B) either of such persons directly or indirectly refers such business to that provider or affirmatively influences the selection of that provider; and (8) the term «associate» means one who has one or more of the following relationships with a person in a position to refer settlement business: (A) a spouse, parent, or child of such person; (B) a corporation or business entity that controls, is controlled by, or is under common control with such person; (C) an employer, officer, director, partner, franchisor, or franchisee of such person; or (D) anyone who has an agreement, arrangement, or understanding, with such person, the purpose or substantial effect of which is to enable the person in a position to refer settlement business to benefit financially from the referrals of such business.