Major Derogatory definition

Major Derogatory means an account rating or status of charge off, in

Examples of Major Derogatory in a sentence

  • Case 8:05-cv-01070-DOC-MLG Document 338 Filed 08/19/2008 Page 18 of 36 1 (C) If the tradeline contains a DID that postdates the 2 Bankruptcy Date and the Bankruptcy Date is earlier than six 3 months before the date of the file output used to determine and 4 accomplish the changes ordered herein and the Last Reported 5 Status of the tradeline in the File is a Major Derogatory status, 6 the Defendant shall apply the Agreed Bankruptcy Coding.

  • Major Derogatory Credit Items: · Major derogatory credit Items must be cured and documented prior before funding.

  • Minimum trade line requirements must be met.• Mortgage Lates: 0 x 30 last 24 months• Major Derogatory (BK, DIL, Short sale, Modification, Foreclosure) – Seven year seasoning to application date• All Judgments or liens affecting title must be paid.• Charge-offs and collections exceeding $1,000 (either individually or in aggregate) must be paid.

  • Major Derogatory Credit Items: · Borrowers with a Chapter 7 bankruptcy are not eligible for 2 years following the discharge date.

Related to Major Derogatory

  • Volunteer firefighter means a firefighter whose position normally requires less than 600

  • Publicity means any form of advertisement and includes any advertisement –

  • explosive actuated fastening device means a tool that is activated by an explosive charge and that is used for driving bolts, nails and similar objects for the purpose of providing fixing;

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • Radioactive marker means radioactive material placed subsurface or on a structure intended for subsurface use for the purpose of depth determination or direction orientation.

  • Friable asbestos material means any material that contains more than 1% asbestos by weight and that can be crumbled, pulverized, or reduced to powder when dry, by hand pressure.

  • Disabled parking license plate means a license plate that displays the international symbol of access

  • Airborne radioactivity area means a room, enclosure, or area in which airborne radioactive materials, composed wholly or partly of licensed radioactive material, exist in concentrations:

  • Shareholder Materials means the Fund’s prospectus, statement of additional information and any other materials relating to the Fund provided to Fund shareholders by the Fund.

  • Investigating Committee means any Officer/Committee appointed by Competent Authority to conduct investigation.

  • Publicity Material means the promotional gifts, catalogues, pamphlets and all and any advertising and publicity material whatsoever which an Exhibitor wishes to display, distribute or use at the Exhibition.

  • Best available techniques means the most effective and advanced stage in the development of activities and their methods of operation which indicate the practical suitability of particular techniques for providing in principle the basis for emission limit values designed to prevent and, where that is not practicable, generally to reduce emissions and the impact on the environment as a whole.

  • Normal form radioactive material means radioactive material that has not been demonstrated to qualify as special form radioactive material.

  • Speech pathologist means a person who engages in the application of principles, methods, and procedures for the measurement, testing, evaluation, prediction, consultation, counseling, instruction, habilitation, rehabilitation, or remediation related to the development and disorders of speech, fluency, voice, or language for the purpose of nonmedically evaluating, preventing, ameliorating, modifying, or remediating such disorders and conditions in individuals or groups of individuals.

  • Commercially Sensitive Information Schedule means the Schedule containing a list of the Commercially Sensitive Information.

  • Written Testing-the-Waters Communication means any Testing-the-Waters Communication that is a written communication within the meaning of Rule 405 under the Securities Act.

  • Adverse System Impact means a negative effect that compromises the safety or reliability of the electric distribution system or materially affects the quality of electric service provided by the electric distribution company (EDC) to other customers.

  • Autism spectrum disorders means any of the pervasive developmental disorders as defined by the Diagnostic and Statistical Manual of Mental Disorders, 4th edition, published by the American Psychiatric Association, including autistic disorder, Asperger's disorder and pervasive developmental disorder not otherwise specified.[PL 2011, c. 420, Pt. A, §26 (RAL).]

  • Special form radioactive material means radioactive material that satisfies the following conditions:

  • Usable cannabis means the dried leaves and flowers of

  • Medical cannabis means the same as that term is defined in Section 26-61a-102.

  • Radioactive material means any solid, liquid, or gas which emits radiation spontaneously.

  • TO Proposal - Technical means the TO Contractor’s technical response to the CATS II TORFP dateddate of TO Proposal – Technical.

  • Serious means violations that either result in one or more neg- ative outcomes and significant actual harm to residents that does not constitute imminent danger, or there is a reasonable predictability of recurring actions, practices, situations, or incidents with potential for causing significant harm to a resident, or both.

  • Commercially Sensitive Information means the Information (i) listed in the Commercially Sensitive Information Schedule; or (ii) notified to the Authority in writing (prior to the commencement of this Contract) which has been clearly marked as Commercially Sensitive Information comprised of information:

  • Assistive technology service means any service that directly assists a child with a disability in the selection, acquisition, or use of an assistive technology device. The term includes: