Repayment Waiver Sample Clauses

Repayment Waiver. The repayment waiver ONLY applies if we have charged you a Repayment Waiver Fee included in the Initial Unpaid Balance disclosed on page 1 of this Loan Agreement, under the heading “Credit details”. This repayment waiver only covers the Borrower; ##########. Any other Borrowers or Guarantor(s) who are a party to this Loan Agreement will not be covered by this Repayment Waiver. If you suffer from total disablement or a serious illness, are made redundant or die during the term of this Loan Agreement, then you may not need to make certain payments under this Loan Agreement (which shall be waived). This waiver is subject to the following terms and conditions: Events covered by this repayment waiver. The only events to which this waiver applies (all of which must occur during the term of this Loan Agreement) are as follows:
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Repayment Waiver. Repayment waiver can be opted into or cancelled by either party at any time with 7 days written notice. If account becomes subject to a repayment waiver claim, the ability to make withdrawals may be cancelled.
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Repayment Waiver. 11.1. 1Loan offers a Comprehensive Repayment waiver or a Death Only Repayment waiver, depending on the Borrower’s circumstances. The Repayment waiver the Borrower got (if any) is set out in the CREDIT DETAILS section of the contract.
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Repayment Waiver. The Company will waive the requirement under the Employee Relocation Expense Repayment Agreement dated August 21, 2018 that you repay the relocation expenses the Company paid in connection with your move to Boston, MA. Employee Initials: /s/REM Company Initials: /s/WB You shall remain eligible for the Separation Pay even if you secure other employment with an employer other than the Company or any of its affiliates prior to or while receiving Separation Pay. If you become re-employed by the Company or any of its affiliates while receiving Separation Pay, you shall have no further right to any unpaid or unused Separation Pay, which shall end immediately upon rehire. You acknowledge and agree that you would not be entitled to the Separation Pay if you had not signed this Agreement and entered into the Release.
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Repayment Waiver. Borrower shall have repaid or obtained waivers or amendments on terms reasonably acceptable to the Requisite Lenders with respect to (i) the Term Loan Facility Agreement, dated November 23, 2004, among Standard Chartered Bank (Hong Kong) Limited, TGGT Equipment (HK Limited), Borrower and ASAT Limited (the “Standard Chartered Loan Facility”), and (ii) the Loan Agreement, dated February 23, 2005, between China Construction Bank and ASAT Semiconductor (Dongguan) Limited (the “China Construction Bank Loan Facility”) sufficient to ensure no default, event of default, or prospective event of default under either such agreement is continuing.
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Repayment Waiver. The Payments that may be waived for any Customer are limited to those that relate to Protected Events included in the Waiver Type recorded against that Customer’s name in Section B. of Part 1. Parties, Optional Services and Execution of this Agreement. Waiver Type▼ Protected Events► Death A - Basic ✓ B - Standard ✓ C - Comprehensive ✓ Terminal Illness ✓ ✓ ✓ Incapacity Redundancy ✓ ✓ ✓ Only the Protected Events marked with a ✓ in the Row apply to the Waiver Type in the first column of this table:
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Related to Repayment Waiver

  • Termination Amendment Waiver 35 SECTION 7.01. Termination................................................................................ 35 SECTION 7.02.

  • Amendment; Waiver No provision of this Agreement may be amended or waived except by an instrument in writing signed by the parties hereto.

  • Xx Waiver Neither a failure nor a delay on the part of either the Trustee or the Holders in exercising any right, power or privilege under this Article 11 shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. The rights, remedies and benefits of the Trustee and the Holders herein expressly specified are cumulative and not exclusive of any other rights, remedies or benefits which either may have under this Article 11 at law, in equity, by statute or otherwise.

  • Modification; Amendment; Waiver No modification, amendment or waiver of any provisions of this Agreement shall be effective unless approved in writing by both parties. The failure at any time to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions and shall not affect the right of either party thereafter to enforce each and every provision hereof in accordance with its terms.

  • Prepayment of Debt Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt.

  • Repayment Terms (a) The Borrower will pay interest on September 1, 1997, and then monthly thereafter until payment in full of any principal outstanding under this line of credit.

  • Waiver of Prepayment Penalty Amounts Except as provided below, the Servicer or any designee of the Servicer shall not waive any Prepayment Penalty Amount with respect to any Mortgage Loan. If the Servicer or its designee fails to collect a Prepayment Penalty Amount at the time of the related prepayment of any Mortgage Loan subject to such Prepayment Penalty Amount, the Servicer shall pay to the Trust Fund at such time (by deposit to the Custodial Account) an amount equal to the amount of the Prepayment Penalty Amount not collected; provided, however, the Servicer shall not have any obligation to pay the amount of any uncollected Prepayment Penalty Amount under this Section 3.19 if the failure to collect such amount is the result of inaccurate or incomplete information in the Prepayment Penalty Amount Schedule provided by the Seller and which is included as part of the Mortgage Loan Schedule attached hereto as Exhibit A. The Prepayment Penalty Amounts listed on the Prepayment Penalty Amount Schedule attached hereto as Exhibit A are complete, true and accurate and may be relied on by the Servicer in its calculation of Prepayment Penalty Amounts. If the Prepayment Penalty Amount data set forth on Exhibit A is incorrect, then the Servicer shall have no liability for any loss resulting from calculation of Prepayment Penalty Amounts using the data provided. Notwithstanding the above, the Servicer or its designee may waive a Prepayment Penalty Amount without paying to the Trust Fund the amount of such Prepayment Penalty Amount only if such Prepayment Penalty Amount (i) relates to a defaulted Mortgage Loan or a reasonably foreseeable default, such waiver is standard and customary in servicing similar mortgage loans to the Mortgage Loan, and such waiver, in the reasonable judgment of the Servicer would maximize recovery of total proceeds from the Mortgage Loan, taking into account the amount of such Prepayment Charge and the related Mortgage Loan, or (ii) relates to a prepayment charge the collection of which, if collected, would be a violation of applicable laws.

  • Repayment of Debt Upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Creditors, severally and not jointly, agree to cancel the Debt, up to an aggregate of $124,184.26 as the payment for the Shares at a price of $0.460829 per share. Each Creditor’s Debt Cancellation Amount as set forth on the signature page hereto executed by such Creditor shall be settled for “Delivery Versus Payment” with the Company. The Company shall deliver the Shares to the Creditors as the repayment of Debt within 30 days of this Agreement.

  • Terms of Repayment Principal of and interest on this Note shall be paid by the Borrower as follows:

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