financial resources definition

financial resources means financial resources determined in accordance with Section 5 of this Notice;
financial resources means the unrestricted assets owned by a consumer and, if applicable, the consumer’s spouse. The place of residence and one vehicle are exempt from consideration of resources. “Formula” means the mathematical calculation applied to the state appropriation to determine the
financial resources means the amount of income available to a displaced homemaker.

Examples of financial resources in a sentence

  • In the event of the Borrower's insolvency or the Borrower becoming unable at any time to comply with any applicable provisions of the Financial Resources Rules , the rights of the Lender in respect of the Subordinated Liabilities will be subordinated in all respects to the rights of Senior Creditors in respect of the Senior Liabilities.

  • The audit report must be sent to: Federal Audit Clearing House Internet Data Entry System Electronic Submission: ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/facides/(S(0vkw1zaelyzjibnahocga5i0))/account/login.aspx AND Office of Financial Resources, Risk Management and Internal Control Unit's Audit Resolution Team (ART), ▇▇▇▇▇.▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇.

  • Any amendment to this Agreement made or purported to be made without the prior written consent of the Commission shall be void, and at any time after the Commission shall have become aware of any such amendment it shall be entitled to declare by notice in writing to the Borrower and the Lender that the Loan will no longer be taken into account for the purposes of determining compliance by the Borrower with the Financial Resources Rules.

  • Accordingly any [payment under Clause 3 or]* repayment under Clause 4 is conditional upon the solvency of the Borrower and compliance by the Borrower with all applicable provisions of the Financial Resources Rules both at the time of such [payment or]* repayment and immediately thereafter and such [payment/ repayment] shall not be made unless this condition is satisfied.


More Definitions of financial resources

financial resources means assets that are obtained or controlled as a result of past transactions or events that in the normal course of operations will become cash.
financial resources means the financial resources of an applicant as determined in accordance with section 22;
financial resources means the aggregate of an applicant’s yearly disposable income and disposable capital. A person’s disposable income is his/her gross income minus deductible items as allowed under the Legal Aid (Assessment of Resources and Contributions) Regulations (“the Regulations”) (Cap. 91B). A person’s disposable capital consists of all assets of a capital nature, such as the sum of his/her credit balance, money due to him/her, the value of the person’s interest in non-money resources, the value of business or share in a company etc., unless such items should be excluded from calculation under the Regulations.
financial resources has the meaning given in the Financial Rules;
financial resources. (“adnoddau ariannol”) means financial resources of any kind
financial resources. (“adnoddau ariannol”) means financial resources of any kind including grants, loans and other payments;
financial resources means the financial resources of an applicant as determined by the Director in accordance with subsection 13(3);