Sentences with phrase «as guarantor not»

Although Field J did not expressly address this, we can infer from his silence that he held AK's loss as guarantor not to be separate and distinct from the loss suffered by the company.

Not exact matches

We do not take personal assets of the guarantors as collateral.

We can not modify credit information that was reported by another data furnisher (such as another lender / servicer / guarantor).

Unlike a lender, Great Lakes does not initiate any of the loans it services, but rather acts as the intermediary and guarantor between the borrower (you) and lender (the federal government or a private company, depending on your loan type) once the loan enters repayment.

Yet the early Church itself, when it departed from biblical idiom at the Council of Nicea and used for theological purposes a non-biblical word, homo - ousion, as the guarantor of true biblical meaning, gave Christians in later days a charter for translation — provided always that it is the gospel, its setting and its significance, that we are translating, and not some bright and novel ideas of our own.

The oldest accounts do not tell of a miracle worker, who performs as many miracles as possible, but of the proclaimer and guarantor of the coming Kingdom of God; God himself is drawing near to the world, and his nearness is perceived in the fact that through Jesus he speaks, through him he acts, through him he heals.

Additionally, family members were not eligible as guarantors under the old policy, but became eligible under the new policy.

«We can not bear to lose our place as the guarantors of food supplies in Nigeria to end up as people waiting for food relief from donors.

WASHINGTON — As the Clinton Administration readied its direct - loan and national - service legislation last week, guarantors, bankers, and secondary market officials began pitching alternative proposals to reform — not scrap — the current student - loan system.

It reflects an understanding of civil society that views the state as the guarantor of a rich social ecology, not its chief actor.

The cosignor / guarantor has no intention to and will not occupy the Residence as a permanent residence, and the co-signor / guarantor executes the Affidavit of Cosignor or Gguarantor has no intention to and will not occupy the Residence as a permanent residence, and the co-signor / guarantor executes the Affidavit of Cosignor or Gguarantor executes the Affidavit of Cosignor or GuarantorGuarantor.

Should reduction of monthly payments may not be right for you; you may consider talking to your family members or close friends who have good credit, asking them to act as a guarantor or a cosigner on your loan application.

Some companies offer special deals for those with poor credit history such as guarantor loans so don't worry as there are still options available to you.

A cosigner acts as the guarantor on the loan, promising to make the loan repayments in the event the borrower is not able to.

A guarantor is essentially the same thing as a cosigner and is most commonly seen when a parent or guardian acts as a guarantor for their college - aged child when they are attempting to obtain a student credit card but do not have substantial proof of income required for approval.

Parents do not have to act as guarantors as they would with private banks.

Business debt accumulates just like personal debt and if your business doesn't produce as much income as needed to meet your monthly payments, then you may incur in personal debt too either because you are a guarantor of the company's debt or because you take a loan yourself to fund your business.

If you're not the sole proprietor of your business, have the person with the best credit score act as the personal guarantor on the account.

As I've said before, I would not be bullish on the equities of the compromised financial guarantors.

The ability to co-sign or become a guarantor on an account is not as common.

If a buyer can't obtain a mortgage due to poor credit, employment history, lack of down payment or income — most lenders will consider lending if there is someone to act as co-signor or guarantor for a mortgage.

When you sign your name as a guarantor, you are legally responsible for paying back the entire loan if the other person can not or will not make the repayments.

And as for the credit guarantors that I have criticized, they could not understand the risks they were taking, because they assumed the credit boom was normal and perpetual.

If you're not the sole proprietor of your business, have the person with the best credit score act as the personal guarantor on the account.

First of all, the instruments of the ESM «demonstrate that the ESM will not act as guarantor of the debts of the recipient Member State.

Section 17 (4) provided: «(4) Where the landlord has duly served a notice under subsection (2)..., the amount (exclusive of interest) which the former tenant or (as the case may be) the guarantor is liable to pay in respect of the fixed charge in question shall not exceed the amount specified in the notice unless --(a) his liability in respect of the charge is subsequently determined to be for a greater amount, (b) the notice informed him of the possibility that that liability would be so determined, and (c) within the period of three months beginning with the date of the determination, the landlord serves on him a further notice informing him that the landlord intends to recover that greater amount from him (plus interest, where payable)».

With regard to the guarantors» claim that they had not consented to the amendments and received no advice in their capacity as guarantors, the Court found that it would be «unreal» to divide the guarantors» knowledge between that which they had gained in their capacity as directors, owners and managers of the borrower companies and that which they had in their capacity as guarantors.

The case is also helpful in confirming that the courts will not necessarily distinguish between information held by individuals in their roles as directors of a borrower and that held in their roles as guarantors of that borrower.

In this case, the interest rate is going up not because the guarantor is released, per se, so much as because the loan can't be refinanced without the guarantor / co-owner's consent which might not be available.

The guarantors claimed that they could not recall being consulted about the amendments to the facility agreements and that they had not received any advice in relation to their role as guarantors (they stated that banking affairs of the borrower companies had been dealt with by a business partner who had since died, though both of the guarantors had executed the banking documents).

If this is the case, the guarantor has immense leverage to force a buyout of her interest, even if she doesn't have a legal right to do so, because otherwise, she can effectively prevent the loan from being refinanced and can force the house into foreclosure if she doesn't co-sign a new loan, since all co-owners need to sign (as a matter of commercial reality) to get any mortgage loan.

If A defaults, the lender can call on the guarantor or not as they choose.

The fact that they knew all about the amendments in their capacity as directors meant that they were also held to have had this knowledge in their capacity as guarantors; the judgment states that «in any event, the evidence supports the view that there was consent to the variations», though this was not decisive in the case since the amendments were within the scope of the indulgence clause.

The franchisor was not exempt from the resale exemption in the Act because it «effected» the sale by requiring the spouse of the corporate franchisee's principal to sign as guarantor.

In instances where loan problems can not be resolved amicably, our lawyers work with our skilled litigators in the prosecution of foreclosure actions, as well as note collection suits and guarantor litigation.

If my brother acts as guarantor for my mortgage, but does not put his name on the house deeds, would he no longer be classed as a first - time - buyer?

Collateral is a property also known as security which makes you eligible for having loan or credit card and does not require any guarantor in turn.

You are right, that the daughter can be a big girl and do it on her own, but a parent acting as guarantor is not doing it on their own either.

As the lease showed, the two directors had signed as «co-covenantors» and the word «guarantor» was not used in the leasAs the lease showed, the two directors had signed as «co-covenantors» and the word «guarantor» was not used in the leasas «co-covenantors» and the word «guarantor» was not used in the lease.

I might be mistaken on the position of a guarantor as being liable for damages, please correct me if that is not the case.

As the bank insisted, the uncle was not merely a guarantor but was a primary debtor of the mortgage on the home; he did not live there but lived in a nearby home.