Advance of Equity. In order to provide the employee with funds for a deposit or down payment on a residence at the new location, an advance of up to 100% of the employee’s equity (Purchase Guarantee minus encumbrances) in the residence at the former location may be loaned to the employee by Inergi. Advance of equity is interest free for employees who avail themselves of the Purchase Guarantee for 90 days for until the house is turned over to Inergi or until the closing date of the sale of the house to a third party, whichever comes first. For employees who reject the Purchase Guarantee, the advance of equity is interest free for 90 days. Repayment is as set out in the Relocation Assistance Benefits brochure. 52 moving expenSeS
Advance of Equity. 26.6.5.1 In order to provide the employee with funds for a deposit or down payment on a residence at the new location, an advance of up to 100% of the employee's equity (Purchase Guarantee minus encumbrances) in the employee's principal residence at the former location may be loaned to the employee by the Company.
Advance of Equity. In order to provide the employee with funds for a deposit or down payment on a residence at the new location, an advance of up to 100% of the employee’s equity (Purchase Guarantee minus encumbrances) in the residence at the former location may be loaned to the employee by Inergi. Advance of equity is interest free for employees who avail themselves of the Purchase Guarantee for 90 days for until the house is turned over to Inergi or until the closing date of the sale of the house to a third party, whichever comes first. For employees who reject the Purchase Guarantee, the advance of equity is interest free for 90 days. Repayment is as set out in the Relocation Assistance Benefits brochure. 52 MOVING EXPENSES 52.1 Intent 52.1.1 Since Inergi has province-wide operations, employees may be required to move about the Province as part of their jobs. For clarification, relocation assistance entitlements are not limited to moves within the Province.
Advance of Equity. In order to provide the employee with funds for a deposit or down payment on a residence at the new location, an advance of up to 100% of the employee‟s equity (Purchase Guarantee minus encumbrances) in the residence at the former location may be loaned to the employee by NSS. Advance of equity is interest free for employees who avail themselves of the Purchase Guarantee for 90 days for until the house is turned over to NSS or until the closing date of the sale of the house to a third party, whichever comes first. For employees who reject the Purchase Guarantee, the advance of equity is interest free for 90 days. Repayment is as set out in the Relocation Assistance Benefits brochure.
Advance of Equity. In order to provide the employee with funds for a deposit or down payment on a residence at the new location, an advance of up to 100% of the employee’s equity (Purchase Guarantee minus encumbrances) in the residence at the former location may be loaned to the employee by ESA. Advance of equity is interest free for employees who avail themselves of the Purchase Guarantee for 90 days or until the house is turned over to ESA or until the closing date of the sale of the house to a third party, whichever comes first. For employees who reject the Purchase Guarantee, the advance of equity is interest free for 90 days. Repayment is as set out in the Relocation Assistance Benefits brochure. 52 MOVING EXPENSES 52.1 Intent 52.1.1 Since ESA has province-wide operations, employees may be required to move about the Province as part of their jobs.
Advance of Equity. House Evaluation and Guarantee Thermal Generating Station . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
