Sentences with phrase «under a loan agreement»

The judge ruled on the hearing of a preliminary issue that the agreement by the solicitors to discharge a client's «remaining liability» under the loan agreement applied even though the loan agreement was unenforceable by virtue of CCA 1974.
ALP disagreed and then on March 5 2015 Phoenix paid the full amount of $ 408,944.66 that was outstanding under the loan agreement for principal, fees, and royalties.
As noted, it was appreciated all round that when making the loans the bank would place no or virtually no reliance on the prospects of recovering the loan from the borrower under the loan agreement.
If the employee fulfills the requirements of the loan (under a loan agreement) then all restrictions are released on the policy.

Not exact matches

These involuntary payments may continue even after you begin making payments under a loan rehabilitation agreement, but they can't be counted toward the required nine voluntary loan rehabilitation payments.
Depending on your income, your monthly payment under a loan rehabilitation agreement could be as low as $ 5.
Apply will hold 70 % of the special purpose vehicle, and will provide a financing framework (owners» loans) under terms and conditions set forth in the agreement «subject to the needs of the activity and business viability.»
Ability to pay back the loan: Lenders will assess your potential to repay the loan under the terms of an agreement.
Currently on a deal with Benfica until June 2023, Swedish Under - 21 international midfielder Erdal Rakip (turning 22 net February 13) has officially joined Crystal Palace on a half - season loan agreement.
The deal had been struck at the start of his loan and the club reported: «Out of contract Joseph Mills has been at Burnley on a season long loan, and under the terms of last summer's agreement with the Clarets he has triggered an automatic transfer to Turf Moor.»
Under the agreement, 13 branches in Erie County and five branches in Niagara County will be sold to Northwest Bank, along with commercial loans associated with those branches.
Oct. 24: In a letter to Mei, Garry says the town's obligations under a proposed amendment to SRB's concession agreement «are irrevocable,» and that the town agrees it will repay a $ 7.8 million loan within 30 days if SRB defaults.
The loans were given at a very favourable two per cent rate of interest and under the agreement Britain was allowed to defer payments whenever it wanted.
Under cross-examination from Keating and Marc Agnifilo, Venditto's attorney, Edelstein acknowledged that lenders wanted tighter language in Singh's concession agreements, which directed that money due him go instead to lenders to satisfy Singh's loans.
NEC members praised his conference speech and drew attention to Tory attacks on employment rights including access to tribunals, the paradox under which British railways can be run by states as long as they are foreign states, the need for good jobs not just any jobs, further cuts in public service pay, the threat of a new European / United States trade agreement, excessive warmth towards free schools, and expansion of food banks and payday loans into mainstream society.
The loan agreement was dated Sep 2016 and was made between Affinitas and certain persons and entities with an interest rate of 8 % (Loan type A) and 9 % per annum (Loan Type B) in an amount of $ 5.85 M ($ 1.85 M of which is under the Type A Loans and $ 4M of which is under the Type B Loaloan agreement was dated Sep 2016 and was made between Affinitas and certain persons and entities with an interest rate of 8 % (Loan type A) and 9 % per annum (Loan Type B) in an amount of $ 5.85 M ($ 1.85 M of which is under the Type A Loans and $ 4M of which is under the Type B LoaLoan type A) and 9 % per annum (Loan Type B) in an amount of $ 5.85 M ($ 1.85 M of which is under the Type A Loans and $ 4M of which is under the Type B LoaLoan Type B) in an amount of $ 5.85 M ($ 1.85 M of which is under the Type A Loans and $ 4M of which is under the Type B Loans).
Under a loan guarantee, the DOT commits to pay to the guaranteed lender, upon the occurrence of a payment default by the borrower, the full amount of the defaulted payment, as specified in the loan guarantee agreement.
However, this loan commitment permitted WMATA to demonstrate adequate fiscal capacity under the terms of its funding agreement with local jurisdictions.
The TIFIA loan was secured by tobacco settlement revenues due to TSASC, Inc. under the Master Settlement Agreement with participating tobacco companies.
(7) LINE OF CREDIT. - The term «line of credit» means an agreement entered into by the Secretary with an obligor under section 604 to provide a direct loan at a future date upon the occurrence of certain events.»
Each borrower under a direct loan agreement executes a bond or note, as applicable, evidencing the obligation to repay the loan.
Rate Lock - In: A written agreement under which the lender will lock in or guarantee an interest rate / point combination for a period of time after taking the loan application.
The U.S. Department of Education entered into an agreement with the National Federation of the Blind that outlines steps that will be taken over the next three years to improve the accessibility of the various documents issued under the William D. Ford Federal Direct Loan Program.
Your loan and line agreements will continue under the current terms.
The OIG report argues the payments made under the ELT agreements represented payments for loan applications and not payments for loans already made, and as such represented a violation of the prohibited inducement rules.
Any credit card transaction that you make is a loan that you must repay under the specific agreement terms of the issuer.
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.
If, according to the agreement under which the loan was made, you are the person responsible for paying it out, but your parents made the payment for you, then you can make a deduction for student loan interest if nobody made a dependency exemption for you.
Under a loan rehabilitation agreement, your loan holder will determine a reasonable monthly payment amount that is equal to 15 percent of your annual discretionary income, divided by 12.
These involuntary payments may continue even after you begin making payments under a loan rehabilitation agreement, but they can't be counted toward the required nine voluntary loan rehabilitation payments.
Under such an agreement, you pay the balance of the loan and the lender removes the mark.
They may also exercise their rights under the loan or credit services agreements with you.
to the CFPB expressing concerns that students who attended the now - closed Corinthian Colleges may not have received the student loan relief they are entitled to under a settlement agreement, resulting in students incurring tax liability for canceled loans.
Also covered under most State's statutes of limitation are oral agreements, promissory notes, written contracts, loans, mortgages and car payments as well as foreign and domestic judgments.
«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.
However, if someone co-signed your student line of credit, then your bankruptcy will not eliminate their obligations under the terms of the loan agreement; your bank or credit union will pursue your co-signer.
This is illegal under financial rules, so any such request is a clear sign not to sign the debt consolidation loan agreement.
The lender is required, under federal law, to disclose all rates, terms and costs associated with the loan prior to agreement finalization.
I have couple of questions: a. I have availed under construction home loan since June 2012 (Agreement happened in March 2012) and possession has been offered in May 2015.
And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.
The interest rate and other charges under this Agreement will never exceed the highest rate or charge allowed by Utah law for this Loan.
In cases where the mortgage is registered to a Custodian, the relationship between Street Capital Bank of Canada and the Custodian will consist of a custodial agreement which allows mortgage loans to be registered in the name of the Custodian as required under the Canadian Mortgage and Housing Corporation (CMHC)'s National Housing Act (NHA) Mortgage - Backed Security (MBS) Program.
Modifications to remove language that could suggest liability under the mortgage loan agreement if such language is not applicable.
Keeping a close eye on your credit score under your new student loan agreement is essential in the months and years following the refinancing.
If you deposit Restricted Securities in violation of this Agreement and do not upon demand immediately replace such securities with transferable securities satisfactory to us, or pay in full the margin loan secured by such Restricted Securities, you agree that you will be in default under this Agreement and we may take any and all of the following actions:
When you get a house under agreement they hope your loan sticks to the wall.
Individuals should ensure loans are covered under the Higher Education Act of 1965, Title IV, Part B, D, and E prior to signing the enlistment agreement.
The maximum allowable cost of borrowing under a payday loan agreement was $ 21 for each $ 100 borrowed prior to January 1, 2017, was lowered to $ 18 per $ 100 in 2017, and effective January 1, 2018 is now $ 15 for each $ 100 advanced.
Globo also said that Papadimitrakopoulos had informed the company that up to last Thursday he has sold 42.05 million shares in the company, and pledged 10 million shares under a personal loan agreement with Lantau Holdings Ltd — a loan that will default at close of business Monday due to two consecutive days of the suspension of the company's shares from trading.
The archives had been placed under a long - term loan agreement, which could not simply be cancelled.
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