Refund Advance definition

Refund Advance or “RA” means a tax refund-related consumer loan originated by Meta, offered in Retail Locations and virtually at the time of tax preparation under the Program, which has no finance charge payable by the consumer and is secured and repaid solely by the consumer’s tax refund(s), as further described in Schedule E (Refund Advance Product Schedule), and includes any Refund Advances Axos transferred to Meta pursuant to the Purchase Agreement. For the avoidance of doubt, the definition of Refund Advance includes Virtual Refund Advances.
Refund Advance has the meaning given in the preamble to this Agreement.
Refund Advance or "RA" means a tax refund-related consumer loan originated by Meta, offered in Retail Locations at the time of tax preparation under the Program, which has no finance charge payable by the consumer and is secured and repaid solely by the consumer's tax refund(s), as further described in S chedule E (Refund Advance Product Schedule), and includes any Refund Advances Axos transferred to Meta pursuant to the Purchase Agreement.

Examples of Refund Advance in a sentence

  • P-080 Payment Account Refund Advance payments made under P-045 or P-045.2 remaining on account above the value for the charges shall be returned to Purchaser within 30 days following the final report of charges.

  • The Parties acknowledge that EFS and its Affiliates may choose any entity or entities to originate the Refund Advance (the " Refund Advance Originator").

  • A new Section 5.8 is added to the Amended PMA as follows:5.8 Refund Advance Program.

  • EFS and its Affiliates may, in their sole discretion, choose to offer (and may plan and prepare to offer during a subsequent Tax Season, other than the Tax Season covered by the RAPA (as defined in Section 5.8(c)), a refund anticipation loan or advance (the " Refund Advance") in Company Locations.

  • Contemporaneous with the execution and delivery of this First Amendment, the Parties are executing and delivering a separate Refund Advance Program Agreement for Tax Season 2018 (the " RAPA"), which is a separate agreement and not part of the Amended PMA.

  • During the Term, regardless of whether Bank is the Refund Advance Originator for any Tax Season, Bank agrees to fully cooperate and assist EFS and any Refund Advance Originator with any Refund Advance Program.

  • That is to say, Ellen White’s writings presently speak (not spoke) with prophetic authority as did the biblical prophets.

  • To the extent EFS chooses Bank as the Refund Advance Originator for any Tax Season, the Parties agree that program (the " Refund Advance Program") will be documented separately from and is not part of the Amended PMA.

  • We respect the privacy of information about you and the Refund Advance and encourage you to read our Privacy Policy.

  • Even though you have no personal liability to repay hereunder, you may prepay the Refund Advance, rather than having such amount deducted from your 2015 tax refund.


More Definitions of Refund Advance

Refund Advance has the meaning set forth in Section 3(f) of this First Amendment.

Related to Refund Advance

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Revolving Advance has the meaning given in Section 2.1.

  • Refund anticipation loan means an extension of credit to a taxpayer that a person arranges to be repaid directly from the proceeds of the taxpayer's federal or state personal income tax refund.

  • Cash Advance means the amount requested by you and advanced to you by any method approved by us according to the terms of this Agreement in cash or cash equivalent items (including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, vouchers redeemable for cash, or racetrack xxxxxx).

  • Tax Advance has the meaning set forth in Section 6.02(a).

  • Unpaid Advance has the meaning assigned to such term in Section 2.05.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Equipment Advance is defined in Section 2.1.1.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • Unapplied Downgrade Advance means any Downgrade Advance other than an Applied Downgrade Advance.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.