Sentences with phrase «loans in a certain amount of time»

Not exact matches

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

The Consumer Financial Protection Bureau (CFPB) announced a payday lending rule in 2017 that would limit the number of loans a person can take out during a certain amount of time and require lenders to look more closely at the borrower's ability to pay.

A balloon auto loan or residual payment loan is a loan in which monthly payments are made for a certain amount of time, ending with a lump sum payment to the lender at the end of the loan term.

«Loan cancellation» and «loan forgiveness» generally refer to the cancellation of a borrower's obligation to repay some or all of the remaining amount owed on a loan if the borrower works full - time for a specified period of time in certain occupations or for certain types of employLoan cancellation» and «loan forgiveness» generally refer to the cancellation of a borrower's obligation to repay some or all of the remaining amount owed on a loan if the borrower works full - time for a specified period of time in certain occupations or for certain types of employloan forgiveness» generally refer to the cancellation of a borrower's obligation to repay some or all of the remaining amount owed on a loan if the borrower works full - time for a specified period of time in certain occupations or for certain types of employloan if the borrower works full - time for a specified period of time in certain occupations or for certain types of employers.

In areas where there is a high demand for workers in certain areas, the federal government, state governments or even a private institution may give grants to go to college and / or loan forgiveness in exchange for working in a particular area for a predetermined amount of timIn areas where there is a high demand for workers in certain areas, the federal government, state governments or even a private institution may give grants to go to college and / or loan forgiveness in exchange for working in a particular area for a predetermined amount of timin certain areas, the federal government, state governments or even a private institution may give grants to go to college and / or loan forgiveness in exchange for working in a particular area for a predetermined amount of timin exchange for working in a particular area for a predetermined amount of timin a particular area for a predetermined amount of time.

Loan forgiveness usually refers to a set amount being forgiven after completion of certain types of community service, such as teaching for a specified time period in a designated elementary or secondary school that serves low income families.

Like fixed - rate loans, the initial interest rate and monthly payment for ARMs will remain in effect for a certain period of time — you can choose from 1, 3, 5, 7 or 10 years — and then the rate adjusts and your payment amount changes every year after.

There are, however, ways in which one may remove their loan cosigner after a certain amount of time has passed in which on - time loan repayments have been made.

A rate lock, also called a lock - in or rate commitment, is a lender's promise to issue a mortgage to you at a certain interest rate and number of points for a specific amount of time while your loan application is being processed.

In most instances, getting your loan out of default will require you to make a payment of a certain amount and / or consistent payments over a certain period of time.

Unlike loan agreements, which can contain complex payment terms, promissory notes are more like paper trails that document that one person has lent another money and that the borrower agrees to repay the money within a certain amount of time, either in a lump sum or in installments.

Other common loans include a line of credit, which gives the borrower access to a certain amount of funds at any given time; a merchant cash advance, an advance based on future revenues of a business; and invoice factoring, in which invoices are sold for a lump sum of cash to improve cash flow and reduce debt.

They represent a form of repayment or installment credit because you need to repay the loan in certain amounts over time, which are called installments.

To keep your line of credit open, you must maintain a certain amount of equity — the current value of your assets less the amount of the margin loan — in your account at all times.

After a certain amount of time, stipulated in the policy, the accumulated cash can be used for loans or other purposes while you are living, or can be an increased death benefit to your beneficiaries.