Examples of Borrower Advances in a sentence
Payments for permanent disability awarded pursuant to a Worker’s Compensation claim are to be retained by the employee, it being ruled by State Compensation Insurance Fund that such awards by the Commission are recompense for the permanent disability suffered by the employee.
Borrower's ability to pay under the Borrower Facility Agreement Neither the Issuer, the Borrower nor any other party to the Programme Documents (other than upon certain circumstances, the Cash Collateral Provider and without prejudice to the Collateral Security granted by the Collateral Providers) guarantees or warrants the full and timely payment by the Borrower of any sums of principal or interest payable under the Borrower Advances, being part of the Issuer assets.
This note is given to evidence Borrower's obligation to repay all sums which Lender may from time to time advance to Borrower ("Advances") under a: / / single disbursement loan.
As a consequence, as long as a Borrower Event of Default has not occurred, the Issuer shall not be exposed to any currency and interest risk regarding the Borrower Advances and the Covered Bonds.
Borrower shall require, as a condition of any agreement to repay Borrower Advances, or to pay interest thereon, with any party making such Borrower Advances, that such agreement shall recognize the limitations of this Section 15 and, if all of the conditions of this Section 15 are not met, shall hold the Borrower and the Mortgaged Property harmless for failure to pay.
Repayments of Borrower Advances, and payments of interest on Borrower Advances, approved by HUD and made pursuant to Section 15(c)(i) shall be considered Reasonable Operating Expenses.
Interest may accrue on Borrower Advances pursuant to Program Obligations and may only be paid in accordance with this Section 15.
Any Borrower Advances must be deposited into the Project’s operating account as required by Program Obligations.
The Issuer will redeem Covered Bonds when it appears that the Borrower is about to redeem the corresponding Borrower Advance(s) and the Borrower may be expected to redeem such corresponding Borrower Advance(s) when the general cost of borrowing of the Borrower is lower than the interest rate on such Borrower Advance(s).
These will be available soon in the global textile market.• In India, our cities and towns face endless hours of power cut.