Unauthorised Underpayment definition

Unauthorised Underpayment means a Borrower Underpayment in respect of a Mortgage Loan which is not funded by, or exceeds the amount of any, Overpayments previously made by the Borrower in respect of such Mortgage Loan or is otherwise not permitted by the Seller in accordance with the relevant Mortgage Conditions;
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Unauthorised Underpayment means an underpayment made by a Borrower
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Examples of Unauthorised Underpayment in a sentence

  • Unauthorised Underpayment means any underpayment made by a Borrower (a) which can be funded by prior Overpayments but (b) where the Borrower has not agreed an underpayment in advance of the Contractual Monthly Payment.

Related to Unauthorised Underpayment

  • Unauthorised expenditure , means any expenditure incurred by a municipality otherwise than in accordance with section 15 or 11(3) of the MFMA, and includes-

  • unauthorised transaction means a transaction that is not authorised by a user

  • Authorised User means those employees, agents and independent contractors of the Customer who are authorised by the Customer to use the Services.

  • Unauthorized signature means one made without actual, implied, or apparent authority and includes a forgery.

  • Authorised Users means those employees, agents and independent contractors of Customer or a Customer Affiliate who have been authorised by Customer to use the Products in accordance with these Terms.

  • Unauthorized Code means any virus, Trojan horse, worm, or other software routines or hardware components designed to permit unauthorized access, to disable, erase, or otherwise harm Software, hardware or data.

  • Tax Filing Authorised Person means such person as any Director shall designate from time to time, acting severally.

  • authorised party means the party referred to in Article XIII(3);

  • Unauthorized person means any person who accesses government data without a work assignment that reasonably requires access, or regardless of the person's work assignment, for a purpose not described in the procedures required by section 13.05, subdivision 5.

  • Unauthorized disclosure or "unauthorized release" means any disclosure or release not permitted by federal or state statute or regulation, any lawful contract or written agreement, or that does not respond to a lawful order of a court or tribunal or other lawful order.

  • Criminal history means the list of a defendant's prior

  • Authorised Driver means any driver approved by Xxxxxx and whose name is noted in Rental Vehicle Agreement Part A as an authorised driver;

  • Serious traffic violation means a conviction when operating a commercial motor vehicle of:

  • Allegation means any written or oral statement or other indication of possible scholarly misconduct made to an institutional official.

  • Unauthorized alien means an alien as defined in Section 1324a(h)(3) of Title 8 of the United States Code.

  • authorised entity means an entity that is authorized or recognized by the government to provide education, instructional training, adaptive reading or information access to beneficiary persons on a non-profit basis. It also includes a government institution or non-profit organization that provides the same services to beneficiary persons as one of its primary activities or institutional obligations

  • authorised person means any person who is designated in writing by the Issuer from time to time to give Instructions to the Agents under the terms of this Agreement;

  • Unauthorized Use means either of the following:

  • Repeat violation means a violation of the same regulation in any location by the same person for which voluntary compliance previously has been sought within two years or a notice of civil violation has been issued

  • Unauthorized Gas means (a) the quantity of gas taken by Customer exceeding the amount which is permitted during a Period of Interruption or (b) the difference (whether positive or negative) between the quantity of gas taken by Customer and the volumes provided for under an Operational Flow Order.

  • Relevant Personal Data means Personal Data in respect of which we are the Controller.

  • unintended recipient means the recipient of funds as a result of a mistaken internet payment

  • Unauthorized Third Party means any person or entity that, at the time of the Computer Fraud, is not an Authorized User.

  • Authorised Representatives the persons respectively designated as such by the Authority and the Supplier, the first such persons being set out in Schedule 4. Bribery Act: the Xxxxxxx Xxx 0000 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning the legislation. Change: any change to this agreement including to any of the Services. Change Control Note: the written record of a Change agreed or to be agreed by the parties pursuant to the Change Control Procedure.

  • Violent felony means any offense that, if committed by an adult, would constitute a felony and:

  • Unlicensed person means any person who is not a licensed dealer under this chapter.