RAL definition

RAL means a loan to a Customer based upon, among other things, the Customer’s anticipated federal income tax return refund (as identified in IRS Form 8453 or similar form), subject to any limitations that may be imposed thereon due to the application of certain underwriting criteria or other factors.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

RAL means a loan secured by a taxpayer’s anticipated tax refund.

RAL means any refund anticipation loan from time to time made by the RAL Originator.

Examples of RAL in a sentence

• Each Participated Pool RAL is an Eligible RAL as of the Closing Date relating to the Participation Interest sold to BFC with respect to such Participated Pool RAL.

• The Applicable Percentage for a Major Franchisee Pool RAL shall be 25%.

• In the case of a dispute between the Contracting Parties, the CLIENT may settle the same through a competent entity for alternative consumer dispute resolution (RAL).

• The RAL shall be sent along with all the relevant details in the electronic form to the 24-hour authorization /cashless department of the insurer or its representative TPA along with contact details of treating physician and the insured.

• Request for hospitalization shall be forwarded by the provider immediately after obtaining due details from the treating doctor /beneficiary in the pre-authorization form prescribed i.e. “request for authorization letter” (RAL) as per Annex-I (this form may change from time to time which will be informed, accordingly).

More Definitions of RAL

RAL means a refund anticipation loan based upon, among other things, and secured by, an Applicant’s anticipated Federal income tax refund.

RAL means the Regional Aircraft Leasing segment which leases aircraft to its customers through CAC;

RAL with reference to a Person, the actual annual gross income, including all the fixed and variable amounts, including the equivalent of in-kind services, paid to the Employees by reason of the employment relationship, on a non-occasional basis and with the exclusion of any amounts paid as refund of expenses.

RAL is a Refund Anticipation Loan.

RAL means “▇▇▇▇▇▇▇▇▇▇ Appleton Laboratory”

RAL means a tax refund anticipation loan made to or a refund anticipation check issued to a Tax Filer. Appendix A-12 "RAL Agreement" means, collectively, the application and related loan agreement between an Approved Bank and a customer of an Approved Tax Provider in one of the forms attached as Annex V hereto which provides, inter alia, for (i) such Approved Bank to make a loan to such customer by issuance of a Check in an amount not to exceed the amount of such customer's anticipated income tax refund (net of applicable fees payable to such Approved Bank) and (ii) such customer to direct the IRS to deposit the related Refund to the Tax Filer Account.

RAL has the meaning set forth in the recitals.