LSTI definition

LSTI. (loan-service-to-income) means the ratio of the annual loan service cost to consumer’s total annual disposable income at the moment of loan origination;
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Examples of LSTI in a sentence

  • LSTI is an early development stage company engaged in the business (the "Business") of the development of a proprietary non-invasive, laser-based technology providing laser treatment in the field of aesthetic "skin rejuvenation" as it now exists and as it may exist in the future, including but not limited to wrinkle reduction, reduction of rhytides, increased skin tone, promotion of new skin collagen formation and the reduction of striae (the "Field of Use").

  • The Shares are being acquired by LSTI for investment and not with a view to the distribution or resale thereof, except as permitted by the Securities Act of 1933 and other applicable securities laws.

  • LSTI will offer or resell the Shares only if the Shares are registered under the Securities Act or an exemption from such registration is available (in which latter case BioLase shall have received an opinion of counsel, in form and substance reasonably satisfactory to BioLase and its counsel, to such effect).

  • BioLase has furnished to LSTI copies of -------------------- (i) the Form 10-K, (ii) the Form 10-Q and (iii) BioLase's proxy statement dated April 20, 1998 for its Annual Meeting of Stockholders held on May 19, 1998 (collectively, the "BioLase SEC Reports").

  • BioLase shall issue the Shares in the name of ------------------ LSTI and shall deliver a portion of the Shares to LSTI in accordance with Section 1.2 hereof.

  • LSTI confirms that it has been given the opportunity to ask questions of BioLase and its management concerning BioLase and the Shares, and LSTI has received satisfactory written responses to all such questions, if any.

  • Each of AMS, Acquisition Sub, GHI, LSTI and RMS will take all such reasonable and lawful action as may be necessary or appropriate in order to effectuate the Purchase in accordance with this Agreement as promptly as possible.

  • UNDER NO CIRCUMSTANCES WILL RMS, GHI OR LSTI OR AND OF THEIR RELATED PARTIES BE LIABLE FOR ANY CONSEQUENTIAL, INDIRECT, SPECIAL, PUNITIVE OR INCIDENTAL DAMAGES OR LOST PROFITS, WHETHER FORESEEABLE OR UNFORESEEABLE, BASED ON CLAIMS OF AMS OR ACQUISITION SUB ARISING OUT OF A BREACH OF FAILURE OF A WARRANTY, BREACH OF CONTRACT, MISREPRESENTATION, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE.

  • LSTI has complied in all material respects with all applicable laws, rules and regulations relating to the employment of labor, including those relating to wages, hours, and the payment and withholding of taxes and other sums as required by appropriate governmental authorities.

  • Any Performance Shares to which LSTI or the Shareholders, as the case may be, are not entitled by the end of such Calculation Period may be canceled by BioLase.