Sentences with phrase «such loans outstanding»

Not exact matches

In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.

Yang says, «While the lien is outstanding, we try to get the borrower into the best product they're eligible for at that time, such as a short - term loan.

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.

In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period of time.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

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.

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.

If one does borrow against their 401 (k) accounts, the analysis said borrowers should keep in mind a few in particular, such as if you move to a new job, any outstanding 401 (k) loan balance typically must be repaid within 60 days.

This policy can be particularly useful if you have a particular outstanding expense or loan, such as a mortgage loan which would be reduced over time, that your family couldn't cover payments for without your income.

Esprit emerged from the buyout so deeply in debt — and Tompkins Buell's subsequent helmsmanship left the company in such desperate financial straits — that it went into technical default on its outstanding loans within less than two years.

Once your student loans enter default, the entire outstanding amount becomes payable immediately and you will lose your other privileges such as student loan forbearance and deferment, student loan forgiveness and you will not qualify to receive new federal student loans.

As such, the outstanding loan amount on an interest - only mortgage doesn't decrease during the initial payment period.

Interest is only charged on the outstanding loan amount (i.e. # 100K initially, reducing to # 85K over 2 years in your example) at the interest rate determined by your mortgage agreement - there is no «paying off interest» as such.

According to Zillow, this is the only report that uses current outstanding loan balances on all mortgages when calculating negative equity, as opposed to basing outstanding loan balances on the most recent loan on a property, such as the original loan amount at the time of purchase or refinance.

Identify all parties who may be considered lenders with unpaid balances such as banks, credit card companies, finance companies and all other third parties with outstanding loans subject to be repaid.

Information we obtain to verify representations made to us by you — such as your creditors, outstanding loans, or open lines of credit with others; and,

Your credit score depends on various factors such as outstanding debt amount, type of loan, payment history, and length of credit history.

Since debt consolidation loans are meant to be used to cancel outstanding debt, the interest rate charged for such loans tends to be significantly lower than the average rate of the outstanding debt.

Banks may have some terms and conditions such as if you make any prepayments on your home loan in the first year of taking a top up loan, these funds are adjusted against your top up loan and your home loan outstanding remains intact.

Kindly suggest what I should do in such a case and let us know whether it is advisable that we shift to MCLR basis loan (SBI is charging 0.50 % + applicable Service Tax of the outstanding for switch over).

This policy can be particularly useful if you have a particular outstanding expense or loan, such as a mortgage loan which would be reduced over time, that your family couldn't cover payments for without your income.

If you can afford to pay off any outstanding loans such as auto loans before applying for your FHA loan, that can be a good decision.

Sometimes it can be difficult to manage multiple payments when you have a few outstanding loan balances with high interest rates — such as credit cards and personal loans.

After a precedent was set by the Supreme Court, federal law doesn't allow student loan debt to be discharged in bankruptcy, although other forms of outstanding debt such as credit cards have the potential for discharge in bankruptcy.

It sounds like they're adding those fees to the outstanding loan balance, which seems odd if they're trying to keep your LTV in a lower tier, such as at 75 % or lower.

«Amounts owed» describes the outstanding balance of your financial obligations on your credit report, such as loans and credit card balances.

Having equity means the market value of your home is greater than the outstanding balance of all liens on the property — that is, your mortgage loan, any second mortgage or home equity loans, plus other liens, such as tax liens or Homeowners Association dues.

Not everyone will qualify to file Chapter 7 under the Bankruptcy Code's «means test» and certain types of debt can not be discharged or wiped out (such as most federally guaranteed student loans, many taxes and any outstanding family support obligations).

With over $ 1.3 trillion dollars in student loans currently outstanding, the question you might be asking is how do you implement such a program?

Outstanding (unpaid accrued) interest may capitalize at certain intervals, such as annually or quarterly, on private student loans.

Americans have to manage various financial fronts such as, student loans, credit card debt, outstanding loans, and other personal finances.

Proceeds of any such purchase by Pershing Square are to be first applied to repay amounts outstanding under the $ 42.5 term loan.

Next, list all your outstanding debts, such as mortgages or auto loans, as well as all active credit cards or lines of credit without balances.

Having an outstanding student loan balance makes it feel as though other financial priorities are out of the question, such as buying a home, paying down consumer debt, -LSB-...]

Having an outstanding student loan balance makes it feel as though other financial priorities are out of the question, such as buying a home, paying down consumer debt, or saving for retirement.

Vital information about these loans such as the dates they were opened, the loan amount and your credit limit, the outstanding balances and your payment history will be included here.

Those numbers represent just 3.2 percent of all borrowers who are out of school and in a position to benefit immediately from these programs, according to Department of Education data compiled by the Consumer Financial Protection Bureau, but 8.9 percent of the raw dollar total of outstanding loans from such borrowers.

Borrower responsible for new loan interest costs, satisfaction of outstanding property liens, and property related costs, such as association and seller fees, certifications (septic, termite, and well), insurance (earthquake, flood, hazard, and private mortgage) and taxes (mortgage and property).

The typical or median amount owed on all outstanding student loan balances is about $ 13,000 among young households with such debt.3 This comports closely with other recent student debt figures.

It describes your past use of credit, such as being on time in paying back debt, types of credit accounts opened, number of loans applied for, and the amount of outstanding balances.

As a result, the dividend received when there is an outstanding policy loan will be less for direct recognition companies than those that practice non-direct recognition, such as MassMutual.

Term life insurance is a different kind of life insurance meant to provide financial protection for a set period of time — usually while you have dependents or outstanding debts that could be transferred to others such as student loans.

If you have an outstanding loan with a fixed interest rate, such as a traditional mortgage, you will be obligated to make fixed payments on a regular basis until the debt is paid off.

The additional tabs are set up so that you can track the details - such as payments and outstanding balance - for individual loans.

Borrowers can obtain a plethora of information regarding their Stafford and / or Perkins student loans such as the amount of their outstanding balance, any disbursements, and the overall status of their loan.

Some unsecured debts, such as taxes, student loans, domestic support, may remain outstanding.

Among these requirements are the following: (i) at least 90 % of the fund's gross income each taxable year must be derived from dividends, interest, payments with respect to securities loans, and gains from the sale or other disposition of stock, securities or foreign currencies, or other income derived with respect to its business of investing in such stock or securities or currencies and net income derived from an interest in a qualified publicly traded partnership; (ii) at the close of each quarter of the fund's taxable year, at least 50 % of the value of its total assets must be represented by cash and cash items, U.S. Government securities, securities of other RICs and other securities, with such other securities limited, in respect of any one issuer, to an amount that does not exceed 5 % of the value of a Fund's assets and that does not represent more than 10 % of the outstanding voting securities of such issuer; and (iii) at the close of each quarter of the fund's taxable year, not more than 25 % of the value of its assets may be invested in securities (other than U.S. Government securities or the securities of other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnerships.

To consolidate other outstanding existing debts, such as home equity lines of credit, auto loans, personal loans, etc..

It also encompasses liabilities such as outstanding loans, credit card debts, and mortgages.

If you do have a loan outstanding on such a policy at the time of your death, this loan reduces the benefit amount to a beneficiary.