Sentences with phrase «with accrued interest»

This offer is conditional upon the Buyer herein being approved by the First Mortgagee within Twenty (20) business days (excluding Saturday, Sunday and statutory holidays) from the final date of acceptance, failing which the Buyer shall notify Seller's Lawyer and the Seller in writing within the specified period of time and then this transaction shall forthwith be terminated and the Buyer's deposit shall be returned to the Buyer in full immediately, with any accrued interest and without the requirement of a mutual release and the parties are hereby released from any liability without the signing of such release.
The amount allocated to the Discontinued Policy Fund, with accrued interest, will be paid out on the completion of the lock - in period.
Instead of penalizing you for using your policy money before reaching the age of 59.5, a whole life insurance lets you use the available cash value whenever you need and later pay it back with the accrued interest.
It is important to note the amount accelerated is treated as a policy loan and is deducted from the face amount of the policy along with any accrued interest and administrative fees.
You can typically borrow up to the cash value on your policy (that would include the portion of your paid premiums that have been designated for the cash value account, along with any accrued interest on those funds).
Any outstanding loan, with accrued interest, will be subtracted from the death benefit or cash value, upon death or surrender, respectively.
As for the second part of the clause, the sole function of the words «to the extent of the amount of the outstanding loan (together with accrued interest payable thereon to the Funder by the Assured) due at the date of avoidance, repudiation or denial aforesaid» was to define the extent of indemnity by reference to the terms contained in the loan agreement accepted by the bank, whether or not that agreement was enforceable by the bank against the borrower.
It is intended that the CD be held until maturity, at which time the money may be withdrawn together with the accrued interest.
If the issuer redeems the bonds early, they will usually pay you the face value of the bond with any accrued interest to date since your last interest payment.
REPAYE will give an interest subsidy benefit to prevent the loan balances from ballooning and therefore enabling people to keep up with accrued interest.
We will send the final balance, together with any accrued interest, to your linked account.
Along with accrued interest retroactive to the February 2008 acquisition date, debt reduction should be approximately $ 14.9 MM.
Peer - to - peer (P2P) loans are made by individual investors instead of traditional financial institutions, with the accrued interest going back to the investor.
REPAYE also provides an interest subsidy payment to borrowers in cases where payments under the REPAYE plan can not keep up with accrued interest on the student loans.
If that happens, the debt settlement company can keep all the money you've deposited, and you're left with the accrued interest and fees on your debts.
the interest received from a security's last interest payment date up to the current date or date of valuation; an investor who sells a security with accrued interest will not receive that interest until the next interest payment date after the sale; the buyer receives all interest from the last payment date, including any interest that accrued while the bond was owned by the prior investor; the buyer then pays the seller all interest that has accrued from the last payment date up to but not including the settlement date for the trade; in a bond ladder's summary calculations, the accrued interest field refers to the sum of all accrued interest from the securities in the ladder that will need to be paid if the ladder is purchased on that day
When the CD matures, you can cash out the money you originally deposited, along with the accrued interest, or you can roll the funds into a new CD.
I agree with Accrued Interest; a bailout is bad policy.
At Bayview Glen, for instance, families must contribute $ 1,200 for each child enrolled; upon graduation, parents may either receive the money back, with no accrued interest, or gift it to the school in exchange for a charitable - donation tax receipt.
When an issuer calls its bonds, it pays investors the call price (usually the face value of the bonds) together with accrued interest to date and, at that point, stops making interest payments.
The company pays back your principal along with accrued interest, plus an additional amount for calling the bond before maturity.
After some time, the principal will be paid off yet you still have to deal with the accrued interests.
Right now I'm just trying to keep up with the accruing interest on my student loans, which totals over $ 200 a month.
When you can not pay your credit card bills, student loan debt or other kind of debt, your debt will grow with accruing interest, your credit will suffer and the debt collectors could start contacting family, friends and employers to find you.
For year 2, you have a failure to file penalty along with accruing interest.

Not exact matches

Through its entrepreneur program, SoFi waived his debt repayments of $ 1,825 per month (with interest still accruing) for up to one year.
However, interest started accruing immediately, with rates as high as 7.9 percent.
«This can happen with the conversion of accrued interest, warrants, or if the initial funding level is too low and you have to renegotiate a deal to keep the company operating.»
Separating revolving debt from ongoing purchases will also reduce your interest - accruing average daily balance, thereby giving you reduced costs to go along with debt stability.
With a lower interest rate, payments will be reduced because interest will accrue at lower rate each month.
The only exception is for those with subsidized loans whose minimum monthly payment does not cover the accrued interest.
With this type, the government pays the accrued interest while you are in school and during periods of deferment (times when you can not pay your loans).
With an ISA there is no interest accrued.
Both of these options halt your payments for a limited time, but with forbearance, interest will always accrue during that period.
The restricted stock was purchased in exchange for promissory notes («Notes») that accrue interest at rates ranging from 0.89 % to 2.89 % annually, with interest payable annually.
The Company has recourse against the restricted stock issued along with the Notes and recourse of up to 80 % of the principal amount, and up to the full amount of accrued interest, against the individual's personal assets.
While each property and project varies, Patch of Land's investments start to accrue interest immediately, which is paid back to investors monthly or quarterly, with a balloon payment of remaining principal and interest at loan maturity.
In that sense their main concern is with rising land values — that is, the values that do not accrue as a result of earnings on capital (the rents that typically are pledged to lenders as interest payments on the loans taken out to by the properties) but are economy - wide asset - price appreciation in specific categories.
The primary drivers of the increase in accrued expenses were $ 9.4 million due to our change from a quarterly management bonus plan to an annual bonus plan and $ 8.2 million due to the timing of interest payments as well as increases in a variety of other accrued expenses associated with the overall growth in our business.
By refinancing multiple loans into one loan with a lower rate, you will accrue less interest over the life of the loan, saving you money on a monthly basis and over the course of the loan.
The actual amount transferred may differ from the agreed - upon dollar amount of the transaction as a result of: the allowable delivery variance of + / - 0.01 %, in accordance with the Securities Industry and Financial Markets Association's Good Delivery Guidelines for To - Be-Announced (TBA) trading of agency MBS; periodic net settlement of purchases and sales; principal paydowns; and accrued interest.
Although the government won't help you with interest that accrues, Direct Unsubsidized Loans have an interest rate of just 4.45 % for undergraduate students and 6.00 % for graduate or professional degree students.
With a deferment, you aren't responsible for interest charges that accrue on your loans if you have Direct Subsidized Loans.
But with forbearance, interest will still accrue during that time.
You might be missing out on interest that could accrue from bonds and not keep pace with the Federal Reserve's (Fed's) interest rate hikes.
The former is meant for those with demonstrated financial need, and the government pays the interest costs that would otherwise accrue while such borrowers are in school, and during their six - month grace period following graduation.
With forbearance, you may be able to stop making payments or reduce your monthly payment for up to 12 months at a time, though interest will continue to accrue.
One - time repayment at the end of the term or when your old home sells (if earlier than the term), with interest accruing during this time
Even for loans with a deferment or grace period, interest accrues daily after that initial capitalization.
The main difference is that with a deferment, you may not be responsible for paying the interest that accrues on certain types of loans during the deferment period.
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