Repayment Options Sample Clauses

Repayment Options. The employee will have the option to repay the overpayment over a period of time equal to the number of pay periods during which the overpayment was made unless a longer period is agreed to by the employee and the University. The payroll deduction to repay the overpayment will not exceed five percent (5%) of the employee’s disposable earnings in a pay period. However, the University and employee can agree to an amount that is more than the five percent (5%). The employee has the following options for paying back the overpayment: o Wage deduction o Cash o Check
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Repayment Options. The Household as indicated by their signature(s) below has agreed to the following repayment option. (Please check the appropriate box):
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Repayment Options. At the time of each Advance under an EquipmentLine. Borrower shall choose between the following two interest rate/loan repayment options, or in lieu of an Advance, may choose an Equipment Lease. In each instance, the amount available under this Credit shall be reduced by the amount of the Advance or Equipment Lease.
Sample 1
Repayment Options. Net.RepaySM is an online student loan xxxx presentment and payment service. Borrowers receive an e-mail reminder when their monthly xxxx is available for viewing. After viewing, clicking on the “Pay” button will automatically debit the user’s specified bank account to cover their monthly loan payment. Xxxxxx Mae offers several graduated and reduced payment options to make payments more affordable. Eligibility for a graduated repayment plan is dependent on loan type, interest rate and repayment time remaining. The Standard Repayment option provides Xxxxxxxx, PLUS and private loan customers with the lowest total loan cost. This option requires payments of principal and interest due each month. The Grad ChoiceSM option is a graduated repayment plan that allows customers to make reduced payments for two, three or four years. Payments may be as low as interest only and increase to standard payments of principal and interest for the remaining repayment terms. Payments under a Grad Choice option in some cases can be more than 60% lower during the reduced payment period than payments made under the Standard Repayment option. This repayment option is available to Xxxxxxxx and PLUS loan customers. The Select StepSM option is a graduated repayment plan that allows borrowers to make interest-only payments for up to four years followed by standard payments of principal and interest for the remaining repayment term. This repayment option is available to Xxxxxxxx, PLUS and private loan customers. The FLEX REPAYSM option – offered exclusively by Xxxxxx Mae – makes payments more affordable for Xxxxxxxx and PLUS customers by extending student loan repayment and minimizing total loan costs as compared with loan consolidation. With Flex Repay, eligible customers receive lower payments for up to four years. If payment relief is still needed, principal and interest payments can gradually be increased for up to five years through reduced payment forbearance. Standard principal and interest payments follow for the remaining repayment term. The Income-Sensitive Repayment option offers payments that are based on a percentage of the borrower’s monthly gross income. The minimum payment amount must cover the monthly interest accrual. The borrower must reapply every year and payments are adjusted annually to reflect any changes in the borrower’s income. This program is open to Xxxxxxxx, PLUS and consolidation loan customers.
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Repayment Options. Contact the school for more information about repayment options. If you pay off the loan early, you will not have to pay a penalty. You may be entitled to a rebate of any unearned finance charge. See your contract documents for any additional information about nonpayment, default, any required repayment in full before the scheduled date and prepayment refund and penalties. BORROWER: CREDITOR: FINAL DISCLOSURE FORM Sample Sample Sample Sample Colorado Springs, CO 80919 NEW HORIZONS COMPUTER LE 0000 XX XXXXXXX PARKWAY SUI JACKSONVILLE, FL 32256 You have a right to cancel this transaction, without penalty, by midnight on January 30, 2023 . No funds will be disbursed to you or to your school until this time. You may cancel by notifying the school. .
Sample 1
Repayment Options. If you pay off the loan early, you will not have to pay a penalty. You may be entitled to a rebate of any unearned finance charge. Contact the school for more information about repayment options.
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Repayment Options. I acknowledge that, to the extent permitted by applicable law, I may choose either the Fixed $25 Payment Option, the Fixed $100 Payment Option, the Interest Only Option, the Full Principal and Interest Option or the Full Deferment Option disclosed to me in the Application. The Repayment Option I choose will determine when the Principal Repayment Period under the Loan will commence. I understand that my choice of the Repayment Option will be made when I accept the terms of a Loan disclosed to me in the Approval Disclosure Statement and that my acceptance must be communicated to you in accordance with the instructions contained in the Approval Disclosure Statement. I may not change the Repayment Option under this Note after I have chosen it. I understand that applicable law may limit the Repayment Options available to me.
Sample 1
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Repayment Options. The employee will have the option to repay the overpayment over a period of time equal to the number of pay periods during which the overpayment was made unless a longer period is agreed to by the employee and the University. The payroll deduction to repay the overpayment will not exceed five percent (5%) of the employee’s disposable earnings in a pay period. However, the University and employee can agree to an amount that is more than the five percent (5%). The employee has the following options for paying back the overpayment: Wage deduction Cash Check If the employee fails to choose one of the three (3) options described above, within the timeframe specified in the University’s written notice of overpayment, the University will deduct the overpayment owed from the employee’s wages. This overpayment recovery will take place over a period of time equal to the number of pay periods during which the overpayment was made. Any overpayment amount still outstanding at separation of employment will be deducted from the employee’s final paycheck. Appeal Rights Any dispute concerning the occurrence or amount of the overpayment will be resolved through the grievance procedure in ARTICLE 15 of this Agreement. Assignment Pay Provisions Assignment pay is a premium added to base salary and is intended to be used only as long as the skills, duties, or circumstances it is based on are in effect. The University may grant assignment pay to a position to recognize specialized skill, assigned duties, and/or unique circumstances that exceed the ordinary. The University determines which positions qualify for the premium. Deferred Compensation The University agrees to provide employees covered by this Agreement the option to participate in the deferred compensation program established by law. Dependent Care Salary Reduction Plan The University agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by Federal tax law or regulation. Pretax Health Care Premiums The University agrees to provide eligible employees with the option to pay for the employee’s portion of health premiums on a pretax basis as permitted by Federal tax law or regulation. Medical/Dental Expense Account The University agrees to allow eligible employees, covered by this Agreement, to participate in a me...
Sample 1
Repayment Options a. ☒ Loans are repaid through payroll withholding i ☒ Participants may also make payments by other means specified in the loan agreement
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Related to Repayment Options

  • Payment Options The exercise price shall be paid by one or any combination of the following forms of payment that are applicable to this option, as indicated on the cover page hereof:

  • Optional Repayments The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans.

  • Investment Options You may direct the investment of your funds within this IRA into any investment instrument offered by or through the Custodian. The Custodian will not exercise any investment discretion regarding your IRA, as this is solely your responsibility. FEES There are certain fees and charges connected with your IRA investments. These fees and charges may include the following. • Sales Commissions • Set Up Fees • Investment Management Fees • Annual Maintenance Fees • Distribution Fees • Surrender or Termination Fees To find out what fees apply, refer to the investment prospectus or contract. There may be certain fees and charges connected with the IRA itself. (Select and complete as applicable.) Annual Custodial Service Fee* $ No Charge Overnight Distribution $ 16.50 Wire Fee $ 12.50 Transfer Out Fee $ The greater of $100.00 or $25.00 per position Other (Explain) We reserve the right to change any of the above fees after notice to you, as provided in your IRA agreement. *The annual custodial fee will be borne by your Investment Advisor.

  • Interest Options From the date each Loan is made, based upon the election of Borrower, at such time and from time to time thereafter (as provided in Subsection 1.3 and subject to the conditions set forth in such Subsection and Subsection 1.2(G)), each such Loan shall accrue interest as follows:

  • Optional Repayment If so indicated in the Accumulation Fund Schedule, GLAIC shall pay to the Policyholder the amount the Policyholder needs to redeem or repay any notes or other instruments issued by the Policyholder and backed by this Policy, pursuant to any limited right of redemption or repayment contained in such note or instrument. GLAIC may require reasonable evidence that the redemption or repayment request satisfies all the terms and conditions described in the prospectus, prospectus supplement and/or pricing supplement applicable to such note or other instrument. Additional restrictions, if any, on the Policyholder’s reimbursement rights under this Section may be included in the Accumulation Fund Schedule.

  • Repayment Dates The first Instalment shall be repaid on the date falling three months after the Drawdown Date, each subsequent Instalment shall be repaid at three-monthly intervals thereafter and the last Instalment, shall be repaid together with the Balloon Instalment, on the Final Repayment Date.

  • INSTRUCTIONS FOR COMPLETING REPAYMENT ELECTION FORM AND EXERCISING REPAYMENT OPTION Capitalized terms used and not defined herein have the meanings defined in the accompanying Repayment Election Form.

  • ANNUITY OPTIONS The following Annuity Options are available under this Contract. Additional options may become available in the future:

  • Optional Payments The Borrowers may from time to time and at any time upon at least one (1) Business Day’s prior written notice repay or prepay, without penalty or premium all or any part of outstanding Floating Rate Advances in an aggregate minimum amount of One Million Dollars ($1,000,000) and in integral multiples of One Million Dollars ($1,000,000) in excess thereof. Eurodollar Rate Advances may be voluntarily repaid or prepaid prior to the last day of the applicable Interest Period, subject to the indemnification provisions contained in Section 4.4, in an aggregate minimum amount of Four Million and 00/100 Dollars ($4,000,000) and in integral multiples of One Million and 00/100 Dollars ($1,000,000) in excess thereof; provided, that the applicable Borrower may not so prepay Eurodollar Rate Advances unless it shall have provided at least three (3) Business Days’ prior written notice to the Administrative Agent of such prepayment and provided, further, all Eurodollar Loans constituting part of the same Eurodollar Rate Advance shall be repaid or prepaid at the same time.

  • Option Acceleration One hundred percent (100%) of the shares subject to all outstanding options granted to the Employee by the Company (the “Options”) prior to the date of such termination shall immediately become vested and exercisable in full upon such termination. Following such acceleration, the Options shall continue to be subject to the terms and conditions of the Company’s stock option plans and the applicable option agreements between the Employee and the Company.

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