Workout agreement definition

Workout agreement means an agreement between an individual borrower and a licensee for the repayment of an outstanding and unpaid indebtedness. The workout agreement must provide for payments in equal installments over a period of at least 90 days and the licensee may not assess any other fee, interest charge, or other charge on the borrower as a result of converting the loan into a workout agreement.
Workout agreement means an agreement for repayment of the outstanding and unpaid indebtedness on a title loan.
Workout agreement means an agreement between an individual consumer and a Lender for the repayment of an outstanding and unpaid indebtedness which requires a net reduction of not less than 10% of such indebtedness per payment period.

More Definitions of Workout agreement

Workout agreement means an agreement between an individual borrower and a licensee for the repayment of an outstanding and unpaid indebtedness. which requires a net reduction of not less than 10% of such
Workout agreement means an agreement between an individual borrower and a licensee for the repayment
Workout agreement means the Second Amended and Restated Master Repurchase Agreement Governing Purchases and Sales of Mortgage Loans, dated as of January 30, 2004, between ▇▇▇▇▇▇ Brothers Bank and Party B, dated as of the date hereof, as amended from time to time.
Workout agreement means an agreement between an individual borrower and a licensee for the repayment of an outstanding and unpaid indebtedness. The workout agreement must provide for payments in
Workout agreement means an agreement for repayment of the outstanding and unpaid indebtedness
Workout agreement means an agreement between an individual borrower and a bank, trust company or savings bank for the repayment of an outstanding and unpaid indebtedness which requires a net reduction of not less than 10% of such indebtedness per payment period.
Workout agreement means an agreement between an individual borrower and a bank, trust