Sentences with phrase «of loan liability»

Offers protection against the repayment of loan liability by the nominee or legal heir in case of death of the policy holder.

Get protection against repayment of loan liability by the nominee / legal heir in the event of death of the Life Assured / member

«(i) pursuant to subsection (a) or (d) of section 437 of the Higher Education Act of 1965 or the parallel benefit under part D of title IV of such Act (relating to the repayment of loan liability),

iSecure loan insurance plan protects you from any loan liabilities This term insurance plan is the best way to secure your family from any kind of loan liabilities.

Not exact matches

Most of the proceeds will end up in commercial banks, adding to their reserves and enabling them to expand their liabilities by loans and open market purchases.

In any case, she suggests, the SBA's role in the American economy is statistically insignificant — less than 1 percent of all businesses receive SBA loans each year — yet constitutes unfair competition to businesses that don't need such help and a potentially huge liability to taxpayers should the economy tank.

The assets come over unencumbered by outstanding liabilities, so the new debt on these and the accompanying interest payments on this new loan could be a very good fit with the overall financial picture of the post-deal enterprise.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

Long - term liabilities typically consist of all bank debt or stockholder loans payable outside of the following 12 - month period.

It's also unclear if loans with a PRIMARQ component meet the definitions of a «qualified mortgage» (QM) and «qualified residential mortgage» (QRM), which release lenders from certain liabilities.

The remaining amount, about $ 60 million, was for the main insolvency and forensics business with much of that amount effectively offset by liabilities including an ANZ loan worth about $ 20 million, landlord leasing contracts, employment entitlements and other ongoing liabilities.

It is also important to note that liabilities, such as outstanding bank loans, guarantees, lease agreements and payments to suppliers are usually not insured, leaving the personal assets of business owners pledged against these liabilities, and potentially leaving family members in financial distress.

The hearings will tell whether Bank of America can extinguish legal liability for more than a million Countrywide Financial loans by paying $ 8.5 billion in cash and agreeing to loan servicing improvements in a settlement struck with 22 investors in 2011.

Your liabilities are defined as your current Accounts Payable and any long - term payables (think small business loans, lines of credit, etc.) your business may have.

Banks are unable to cover their deposit liabilities as the market value of their loan portfolios falls.

Since restaurants operate in an industry where future revenue streams are highly unpredictable, many small business lenders will often look at a company's assets and liabilities to gauge the likelihood of a loan being paid back.

We expect that the New Credit Facility will contain a number of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself, engage in businesses that are not in a related line of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases of management equity); engage in transactions with affiliates; and make investments.

Signa has offered to assume all of Kaufhof's liabilities, including a 1.34 - billion euro real estate loan by German bank LBBW, the sources added.

Pursuant to the terms of the third amended and restated limited liability company agreement of SoulCycle Holdings, LLC, dated as of 2011, EHI agreed to loan us cash on a revolving and unsecured basis to fund ongoing capital expenditures.

Investors have been concerned about lingering liabilities from the Option One subprime mortgage business that Block shut down in 2007, as well as regulatory efforts to stop refund anticipation loans (RALs) and the growing trend of taxpayers preparing their returns online.

When you cosign a private student loan, you agree to equal liability and responsibility for repayment of this student debt.

Your home and your equity are wealth - building assets, and using either of them (or both) to refinance student loans turns your home and equity into liabilities that will drag down your wealth - building potential.

Many of these young adults also take on big liabilities in the form of student loans either in conjunction with...

«Debt consolidation means taking out a new loan to pay off a number of liabilities and consumer debts, generally unsecured ones.

As Chief Underwriting Counsel, Gary reviews and evaluates transaction structure and provides feedback on the insurability and necessary due diligence required to underwrite major - market commercial finance, mezzanine loan transactions and purchases of equity interests in limited liability companies and limited partnerships.

This was caused in large part by a non-cash gain from the deconsolidation of $ 6.6 billion in assets and $ 7.8 billion in liabilities from its own National College Student Loan Trust.

The United States is going to adopt Europe's normal «covered bond» practice of bank head - office liability for mortgages and other loans.

Fixed Liabilities — Usually a type of payable debt (like mortgages, business loans, etc.) which carry a term that exceeds one year.

If the loan is for more than the fair market value of your home (i.e., if your mortgage is underwater), then the loan amount that is over the fair market value counts as a liability under the net worth test.

J.W There are many deductions you can not take if you file married filling separate: Student loan interest deduction,Tax - free exclusion of US bond interest, Tax - free exclusion of Social Security Benefits, Credit for the Elderly and Disabled, Child and Dependent Care Credit, Earned Income Credit, Hope or Lifetime Learning Educational Credits, MFS taxpayers also have lower income phase - out ranges for the IRA deduction Also both claim the standard deduction or both itemize their deductions Big problem is tax liability goes to both husband and wife

Barca B would be the following: Cillessen RB: Vidal (he's not a starter, but he's a pretty decent number 2, he pours out his heart for the team, and he deserves ONE more shot) CB: Pique (He still would be a starter, but like Mascherank was this season, I would slowly incorporate him out as he is more of a liability than an asset e.g super Copa, Roma, etc) CB: Marlon Santos (bring him back from loan and sell Vermaelen a as his time is up) LB: Cucerella (I would promote him, and if he impresses enough, like the case with Umtiti last season, he could even replace Alba in the starting 11) DM: Arthur (Future at Barcelona!

This new company was established to handle the Rosia Montana project and manage its afferent patrimony — consisting of the company's package of shares in the mining project and the liabilities resulting from loans it has taken in order to participate in the project.

Senator Savino's bill S. 5152, which passed the Senate, would grant courts the power to make the assignee of an auto loan pay reasonable attorney's fees if a consumer sues the assignee and wins, over and above the limitation on assignee liability that currently exists in statute.

On the Agricultural Credit Guarantee Scheme Fund (Amendment) Bill 2016, Osinbajo said, «The reasons for withholding assent to the bill are the concerns surrounding board composition, funding arrangements, limitation of liability of funds, and proposals to increase levels of un-collaterised loans from N5, 000 to N250, 000.»

Those thresholds were changed late last year through legislation passed by the City Council — sponsored by Council Member Ben Kallos, chair of the governmental operations committee — and signed by de Blasio that increased the debate standards to the current 2.5 percent of the expenditure limit, as well as disqualifying loans or outstanding liabilities as counting towards that expenditure.

You may want to eliminate some of your liabilities, such as credit card debt or student loans, in the shortest time at the lowest cost to allow you to live a pared down lifestyle.

For credit cards, loan officers count the total line of credit even if you owe nothing, as a liability for a fast loan.

However, you are basing the largest liability of your life on the unknown — a big gamble indeed if you have any remote apprehension about the future of your loan payment.

Banks should be buying assets and making loans that fit the structure of their liabilities.

If the mortgage is a repayment mortgage you need to split the amount of the payment between such an expense account called mortgage interest and between a liability account which is the amount of the loan.

But the pair, who live in London, Ont., also has three huge liabilities: $ 47,000 in student loans, $ 94,000 on a line of credit and a $ 400,000 mortgage on a home they purchased last year for $ 431,000.

I'm not suggesting a credit crisis now, but it is useful to keep a list of areas where caution is being thrown to the wind — I can think of a few areas: student loans, agricultural loans, energy loans, lending to certain weak governments with large liabilities and no independent monetary policy... there may be more — can you think of any?

For each item included in the «Notes Payable to Banks and Others» line of the Liabilities section — credit card debt, personal loans and lines of credit, cash advances, student loans, car loans, payday loans, etc. — enter the name and address of the creditor, lender, or noteholder, as well as the original balance — $ 0 for credit cards — current balance, payment amount — you can enter «varies» for credit cards — payment frequency, and if applicable, how the loan is secured (i.e., what is being used as collateral).

Recently, the agency stated that broker access to FHA products should continue by virtue their current relationships with banks and other wholesalers, saying, «It is the mortgage lender with the greatest control over the mortgage loan that should be subject to FHA's rigorous lender approval and oversight processes, and bear the greatest degree of responsibility and liability for the mortgage loan obtained by the mortgage borrower and insured by FHA.»

Ideally, this plan must take care of the basic expenditure that your family will incur; major expenses like education / marriage of children and other liabilities like loans.

A lot of fresh start loan lenders will also release the cosigner from any liability once you establish a good payment history with them over the course of several months.

In applying for the loan, I / We completed a loan application containing various information on the purpose of the loan, the amount and source of the down payment, employment and income information, and the assets and liabilities.

Liabilities: It is an obligation that a person has to pay in future due to its past actions like borrowing money in terms of loans, bills, credit card debts etc..

The total liabilities include personal loan, home loan, car loan, student loan, any credit card outstanding and any other form of a loan.

Loan forgiveness for working in a particular occupation is tax - free, while other types of loan forgiveness may result in a tax liabilLoan forgiveness for working in a particular occupation is tax - free, while other types of loan forgiveness may result in a tax liabilloan forgiveness may result in a tax liability.